The city of Baltimore's ransomware outbreak - $18 million in costs and counting - led to many crypto-locked files being lost forever, because no IT policy mandated centralized file backups. But effective IT solutions exist to help solve this challenge, provided they're deployed in advance of an attack.
More proof that when it comes to crime, there's nothing new under the sun: Federal prosecutors have charged two men with attempting to extort cryptocurrency worth more than $12 million from a startup firm planning to undertake an initial coin offering, in part via physical intimidation.
Two Kazakhstan nationals have pleaded guilty to charges stemming from their role in helping to run a $29 million online advertising fraud scheme that the FBI worked with several security firms to shut down in 2018.
Food delivery startup DoorDash says 4.9 million customer, contractor and merchant records were breached after "unusual activity" by a third-party service provider. Even aside from the usual identification data, experts say certain data - such as food allergies - could pose risks in the wrong hands.
A threat group has been targeting U.S. veterans through a spoofed website promising help for those looking for jobs, according to research from Cisco Talos. Instead of providing job links, however, the phony website installs malware and spyware on a victim's device.
The Russia-based cyberespionage group Fancy Bear, which has led high-profile cyberattacks against governments and embassies over the last several years, has launched a phishing campaign that includes a redesigned backdoor, according to research from security firm ESET.
Did the gang behind GandCrab fake its retirement? Security experts say there's mounting evidence that the operators of the notorious ransomware-as-a-service operation only announced their retirement after ramping up the rival Sodinokibi/REvil service.
A newly discovered remote access Trojan called Dtrack has been targeting banks in India for well over a year, Kaspersky researchers say. The malware, which can steal data from ATMs and doubles as a cyberespionage tool, appears to be linked to North Korea's Lazarus Group.
A week after the Emotet botnet crept back to life, the attackers behind it are already trying a new way to ensnare victims - using Edward Snowden's newly released memoir as a phishing lure, according to the security firm Malwarebytes.
An ongoing campaign to spread a new type of malware dubbed LookBack among U.S.-based utilities is much more extensive than previously believed, with at least 17 companies targeted since April, Proofpoint researchers say.
A Bulgarian man has been sentenced to nine years in prison after pleading guilty in connection with his role in running a large-scale phishing campaign that scammed victims out of $51 million.
The FBI has issued hundreds of subpoenas to major banks, the big three credit rating agencies and other corporations as part of an ongoing counterterrorism program that collects personal and financial data, the New York Times reports.
Decommissioned domains that were part of the pervasive Magecart web-skimming campaigns are being put to use by other cybercriminals who are re-activating them for other scams, including malvertising, according to researchers at RiskIQ.
Russian national Andrei Tyurin, who was extradited last year from Eastern Europe to the United States, has stated that he plans to accept a plea deal he's reached with federal prosecutors. Tyurin has been charged with numerous crimes, including hacking JPMorgan Chase and stealing 83 million customer records.
Barracuda is out with its latest Spear Phishing Update, and among the key findings: a rise in email account takeover and lateral phishing. Why are enterprise defenses failing to detect these strikes? What new solutions will improve defenses? Barracuda's Michael Flouton shares insights.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.com, you agree to our use of cookies.
