A British cyber law that criminalizes hacking is outdated, hindering law enforcement action against cyber crooks, U.K. lawmakers heard during a parliamentary hearing on cybercrime. Graeme Biggar, the director general of the U.K's National Crime Agency, said it should be an offense to steal data.
Pro-Russian and self-declared "hacktivist" group Anonymous Sudan appears to use expensive online infrastructure to perpetuate distributed denial-of-service attacks, undermining its claim to be a volunteer group operating from an impoverished East African country.
Federal authorities are warning healthcare and public health sector entities of an apparent resurgence of TimisoaraHackerTeam after an attack in recent weeks by the obscure ransomware group on a U.S. cancer center. HHS says the group was discovered by security researchers in 2018.
Malware developers are adopting an easy-to-use obfuscation tool that slips malware past antivirus, warn security researchers. BatCloak requires minimal programming skills to use. Among its recent successes is a recent remote access Trojan dubbed SeroXen.
The BlackCat ransomware group has claimed credit for a February phishing attack against Reddit. With no ransom being paid, the extortionists are now seeking to insert themselves into the standoff between Reddit's leadership and volunteer workforce over the introduction of paid access to APIs.
Ransomware actors are using the thing that verifies crypto transactions - mining - to their advantage. More criminals are laundering their ill-gotten gains by re-minting the digital money through mining to sanitize funds and bypass controls imposed by more highly regulated financial institutions.
A Russian government-linked threat group is using USB drives to spread a custom backdoor in a possible bid to reach air-gapped machines, said security researchers. The Security Service of Ukraine has identified the group, which it tracks as Armageddon, as a unit of the Russian FSB.
Cybercriminals are increasingly preying on small hospitals, often in rural communities, knowing that security defenses at these facilities are often much weaker than those at larger institutions, said Kate Pierce, a former longtime CIO and CISO at a 25-bed community hospital in Vermont.
The potential for cybercriminals to reverse-engineer generative AI tools, the rise of geopolitical threats and increased cloud complexity are among the top new threats facing security teams in 2023, according to Forrester's Top Cybersecurity Threats In 2023 report.
In the latest weekly update, ISMG editors discuss how cyber risk is becoming more closely tied to the economic health of nations, why a rural U.S. healthcare provider is closing due in part to ransomware attack woes, and why some cybersecurity companies have laid off staff this month.
Every week, ISMG rounds up cybersecurity incidents in the world of digital assets. This week, Atomic Wallet, FPG, Sturdy Finance and Hashflow suffered hacks involving millions of dollars, hackers phished followers of popular Twitter accounts and an Australian bank wanted to limit crypto use.
This week, the list of MOVEit victims grew and now includes the U.S. government. Also, CISA and its global peers crowned LockBit the world's top ransomware threat, North Korean hackers copied a popular South Korean web portal, and an impersonation campaign used SEO techniques to target top brands.
Federal officials charged a Russian national with carrying out at least four LockBit attacks against businesses in the United States, Asia, Europe and Africa. The Justice Department said Ruslan Magomedovich Astamirov, 20, of Chechnya, deployed ransomware between August 2020 and March 2023.
As countries across the globe adopted real-time payments at breakneck speed over the past year, experts said authorized push payments fraud sharply increased. APP scams nearly doubled year-over-year compared to other types of fraud. ACI Worldwide's Jackie Barwell shared fraud trends in a new report.
Chinese hackers in a state-run operation compromised hundreds of organizations through a zero-day vulnerability in a popular email security appliance, warns cyber threat intelligence firm Mandiant. Hackers used a zero-day vulnerability in Barracuda Networks Email Security Gateway appliances.
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