Following the arrest of suspected Clop ransomware operation members in Ukraine, Red Notices issued by Interpol seek the arrest of six more members of the Russian-speaking crime group, as part of what law enforcement agencies have dubbed Operation Cyclone.
The U.S. deputy attorney general said this week that the nation is ramping up efforts to cripple ransomware operations and other cybercrime through arrests and seizures of ransom payments. The Biden administration has called ransomware a threat to national security and an economic threat.
ISMG editors discuss: U.S. Sen. Angus King on the need for the federal government to form a clear, declarative cyber deterrence strategy, how CISA is ramping up efforts to support critical infrastructure defenses and the potential implications of the U.S. blacklisting of Israeli spyware firms.
The U.S. State Department is offering rewards of up to $10 million for information that leads to the identification or location of members of the DarkSide ransomware gang and others who attack critical infrastructure. It follows the U.S. taking offensive cyber action against REvil, The Washington Post reports.
The latest edition of the ISMG Security Report features insight from U.S. Sen. Angus King on why the federal government needs to declare a clear response to cybercriminals in order to deter them. Also featured: Ransomware affiliates gain power and promoting diversity of thought in cybersecurity.
Facebook plans to shut down its facial recognition system, saying the regulatory landscape is unclear and citing ongoing concerns about the effects on society of using such systems. The company plans to delete more than 1 billion facial profiles.
The Federal Bureau of Investigation has issued a notification warning to private sector companies, especially those listed or in the process of being listed on stock exchanges, to be aware of ransomware actors using their undisclosed merger and acquisition data for extortion.
Two researchers from the University of Cambridge have discovered a vulnerability that affects most computer code compilers and many software development environments, according to a new research paper. The bug could cause a SolarWinds-like open-source supply chain attack scenario, they say.
Multiple cybercriminal groups appear to be targeting relatively new entrants in the space with phishing attacks. In what cybersecurity analysts at Group-IB call a "cannibalistic approach," these gangs are impersonating underground card shops to dupe the newbies for monetary gain.
CISA Director Jen Easterly and congressional leader John Katko, R-N.Y., agree that officials must take precautionary steps to identify "systemically important critical infrastructure" to reduce risks of pervasive supply chain cyberattacks.
The Conti cybercrime gang, known for ransomware attacks, has reportedly leaked details of world leaders, actors and business tycoons after a strike at jeweler Graff. The organization is working with law enforcement and has informed the U.K.'s Information Commissioner’s Office about the incident.
How is the ransomware ecosystem set to evolve? Since some operations overreached - notably with DarkSide's hit on Colonial Pipeline - "what we're seeing … is that there is going to be a power balance shift," says McAfee's John Fokker, with more affiliates, not gang leaders, calling the shots.
Roya Gordon of Accenture Security describes how rather than hunting for zero-day vulnerabilities, attackers are exploiting N-Day - or known - vulnerabilities. She also discusses how to better synthesize and act on threat intelligence.
The cyber actors suspected of being behind the deployment of ransomware strains such as LockerGoga, MegaCortex and Dharma, among others, are under arrest, after a joint operation involving law enforcement and judiciary agencies from eight countries. The actors are believed to have affected more than 1,800 victims.
National Cyber Director Chris Inglis on Thursday announced that Federal CISO Chris DeRusha will concurrently serve as his deputy at the newly created office. Inglis, a Senate-confirmed top adviser to the president, also released a "statement of strategic intent" outlining his own official duties.