The world is experiencing a cybercrime pandemic, which is a direct consequence of COVID-19, according to Amit Basu, CISO and CIO at International Seaways. He offers proactive prevention measures, based on his own experience, for how organizations can stay safe and secure.
A Massachusetts man who used SIM swapping and other account takeover techniques to target business executives and steal more than $530,000 worth of cryptocurrency has pleaded guilty to several federal charges.
The network has become hybrid and multi-cloud, and security now needs to be harmonized across network, workload and application domains. The complexity of your disparate and dynamic environments is an enemy and you need to defend against it, as you would against any sophiscated adversary.
A cybercrime forum seller advertised "a full dump of the popular DDoS-Guard online service" for sale, but the distributed denial-of-service defense provider, which has a history of defending notorious sites, has dismissed any claim it's been breached. What's the potential risk to its users?
Threat intelligence researchers are looking closely at REvil, the ransomware gang that infected up to 1,500 companies in a single swoop. A look at the group's online infrastructure shows clear lines to Russian and U.K. service providers that, in theory, could help law enforcement agencies but don't appear eager to...
As ransomware attacks become more prolific, their success is being driven by the increasing use of specialists who can refine every stage of an attack. It's a reminder that the goal of cybercrime remains to maximize illicit profits as easily and quickly as possible.
Ransomware-wielding criminals continue to hone their illicit business models, as demonstrated by the strike against customers of Kaseya. A full postmortem of the attack has yet to be issued, but one question sure to be leveled at the software vendor is this: Should it have fixed the flaw more quickly?
In its latest quarterly fraud and payments report, Outseer notes a 58% increase in brand abuse - a trend that's only going to grow, says COO Jim Ducharme. He analyzes this and other fraud trends, including how to reduce fraud without compromising user experience.
Owners of Western Digital My Book Live devices have seen their data remotely wiped by attackers targeting a flaw first detailed in 2019. But WD stopped supporting these devices in 2015, which is a reminder that the best way to secure some types of internet of things devices may be to discard them.
An ongoing hacking campaign is targeting Italian online banking users by infecting their devices with the Gozi banking Trojan and then prompting them to download Cerberus malware to make money transfers, according to IBM Security Intelligence.