A sophisticated, highly targeted phishing campaign has hit high-level executives at more than 150 businesses, stealing confidential documents and contact lists, says security firm Group-IB. The campaign, which targets Office 365 users, appears to trace to attackers operating from Nigeria and South Africa.
The average ransom paid by victims to ransomware attackers reached $111,605 in the first quarter of this year, up 33% from the previous quarter, reports ransomware incident response firm Coveware, which sees the Sodinokibi, Ryuk and Phobos malware families continuing to dominate.
Ads for phishing kits doubled last year on underground forums and dark net markets, with prices skyrocketing over 149 percent - an apparent indicator of strong demand, according to security firm Group-IB.
Many criminals are continuing to tap cybercrime platforms and services to make it easier to earn an illicit paycheck, sometimes by combining tools, such as Emotet, Ryuk and TrickBot. This "loader-ransomware-banker trifecta has wreaked havoc" in recent years, says security firm Intel 471.
The operator of a newly discovered botnet dubbed "Dark Nexus" is offering cybercriminals access to an array of capabilities, include the ability to launch DDoS attacks on demand, according researchers at Bitdefender.
The latest edition of the ISMG Security Report analyzes how and why Russia is spreading disinformation about the COVID-19 pandemic. Plus: the latest CCPA regulation updates; a CISO's tips on securely managing a remote workforce.
Russian authorities typically turn a blind eye to cybercrime committed by citizens, provided they target foreigners. But as the recent "BuyBest" arrests of 25 individuals demonstrate, authorities do not tolerate criminals that target Russians, and especially not anyone who targets Russian banks.
With the declaration of COVID-19 as a pandemic, and the global shift to work from home, Tom Kellermann of VMware Carbon Black sees a corresponding increase in hacking and espionage attempts against U.S. agencies, businesses and citizens. He says add "digital distancing" to your precautions.
As cybercriminals and nation-states take advantage of the COVID-19 pandemic to further their own aims, authorities are calling on victims to report online attacks as quickly as possible to help them better disrupt such activity.
Microsoft along with its partners from 35 countries has taken coordinated legal and technical action to disrupt Necurs, one of the largest botnets in the world, the company announced in a Tuesday blog post.
Security firm Emsisoft is offering free, customized decryptors to victims of PwndLocker ransomware, which first surfaced in late 2019 and has been tied to attacks against Lasalle County in Illinois and the Serbian city of Novi Sad, with the gang demanding up to $660,000 or more in bitcoins from its victims.
RSA 2020 touched on a number of topics, including the security of elections and supply chains, plus AI, zero trust and frameworks, among many others. But from sessions on cryptography, to this year's lower attendance, to the antibacterial dispensers dotted around venues, concerns over COVID-19 also dominated.