ISMG Editors: Has Ransomware Group BlackMatter Rebooted?Also: Money Laundering Risks, the Future of Open Source
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the notorious BlackMatter ransomware group - formerly known as DarkSide - has rebranded itself yet again, how the U.S. Department of Justice confiscated stolen Bitcoin worth more than $4 billion in the biggest seizure in history and takeaways from a U.S. Senate hearing at which security experts discussed open-source software security in response to the Log4j vulnerability crisis.
The editors - Tony Morbin, executive news editor, EU; Anna Delaney, director, productions; Mathew Schwartz, executive editor, DataBreachToday & Europe; and Dan Gunderman, staff writer, news desk - discuss:
- How, according to security researchers, the ransomware operation known as Alphv - aka BlackCat - appears to be a reboot of the notorious group known as BlackMatter, which was itself a rebrand of DarkSide;
- The extraordinary case of a New York couple charged for allegedly conspiring to launder billions of dollars of cryptocurrency stolen from the Bitfinex exchange in 2016;
- What the Apache Software Foundation and leaders from Cisco, Palo Alto Networks' Unit 42 and the think tank The Atlantic Council had to say about open-source software security before a U.S. Senate hearing this week.
The ISMG Editors' Panel runs weekly. Don't miss our previous installments, including the Jan. 28 edition discussing tough lessons learned from Log4j and the Feb. 4 edition discussing how a Russian cyber war could have a ripple effect.