The latest edition of the ISMG Security Report discusses recent research on the cyberthreats in multicloud environments and how to mitigate them. Also featured: A ransomware risk management update; tips on disaster planning.
U.S. financial institutions are vulnerable to a new array of attacks from cybercriminals and nation-state hackers as a result of the COVID-19 pandemic, experts told a Congressional panel at a virtual hearing.
The Maze ransomware gang is continuing to exfiltrate data from victims before crypto-locking their systems, then leaking the data to try to force non-payers to accede to its ransom demands. Don't want to play ransomware gangs' latest games? The only way to opt out is by planning ahead.
Semiconductor manufacturer MaxLinear confirmed this week that it was hit by the Maze ransomware gang in April and some "proprietary information" was exfiltrated and personally identifiable information exposed.
The notorious Qbot banking Trojan is making a comeback with new features and capabilities that enable it to more effectively steal victims' financial data and credentials, according to cybersecurity researchers at F5 Labs.
Vulnerabilities due to "coding errors" in a number of mobile banking applications make them all too susceptible to hacking and customer account data theft, the security firm Positive Technologies warns.
If your organization gets hit by ransomware, what should happen next? Ideally, organizations will get help to identify the best response, says Kroll's Alan Brill. He notes that many organizations are now carrying cyber insurance coverage, in part, to gain rapid access to incident response tools and expertise.
An internal CIA report from 2017 - just released in heavily redacted form - found that the agency's failure to secure its own systems facilitated the massive "Vault 7" data breach that enabled classified information, including details of 35 CIA hacking tools, to be leaked to WikiLeaks.
The Trump administration's continued press against China snared an unintended victim: America's own influence over 5G standards development. But the U.S. Commerce Department says a new rule will free U.S. firms to work with any company, including China's Huawei, on developing new telecommunications standards.
Scammers are looking to capitalize on the extortion campaigns being conducted by the Maze ransomware gang and others by demanding thousands of dollars in ransom to not release data they claim to have exfiltrated when in fact no attack took place and no data was removed, according to security firm WebARX.
Jewelry retailer Claire's says Magecart attackers hits its e-commerce store, hosted on Salesforce Commerce Cloud, and stole an unspecified number of customers' payment card details. Security firm Sansec, which discovered the breach, says Magecart attacks have grown more targeted during lockdown.
The Gamaredon hacking group is now using a new set of malicious tools to compromise Microsoft Outlook as a way of sending spear-phishing emails to victims' contact lists, according to security firm ESET. This hacking group, which appears to have ties to Russia, has primarily targeted Ukraine for years.