Good news on the cybercrime front: "Cryptocurrency-related crime fell significantly in 2020," compared to 2019, reports blockchain analysis firm Chainalysis. Unfortunately, in the same timeframe, ransomware profits surged 311%, stoking calls for a crackdown on ransom payments.
The new Biden administration has pledged to hold Russia accountable for its recent "reckless and adversarial" actions and has ordered a full-scale intelligence review of the SolarWinds hack. The moves signal the importance of cybersecurity to President Biden's national security agenda.
The threat posed by software supply chain attacks is growing, but organizations can take steps to minimize the risks. Trey Herr of the Atlantic Council outlines ways to gain more insight into supply chain problems.
Zscaler's ThreatLabz research team is tracking a new botnet dubbed DreamBus that's installing the XMRig cryptominer on powerful, enterprise-class Linux and Unix systems with the goal of using their computing power to mine monero.
The latest edition of the ISMG Security Report features an analysis of the cybersecurity challenges the Biden administration must address. Also featured: payments security advice from Verizon; the outlook for the lifting of restrictions tied to the COVID-19 pandemic.
Ransomware dominated the cybercrime landscape in 2020 and looks set to do so again this year, as criminals seek fresh new ways to make victims pay. Experts predict gangs will double down on whatever works, which lately includes data exfiltration.
Security firm FireEye has released a free auditing and remediation tool on GitHub that it says can help organizations determine if the hacking group that targeted SolarWinds used similar techniques within their network to gain access to Microsoft Office 365 accounts.
As the U.S. marks its first anniversary of fighting COVID-19, pandemic expert Regina Phelps says the next several, critical weeks come down to two vital words: vaccines and variants. "Those are going to determine our destiny for the long and foreseeable future," she says.
Symantec Threat Intelligence says it's uncovered another malware variant used in the SolarWinds supply chain hack - a loader nicknamed "Raindrop" that apparently was used to deliver Cobalt Strike, a legitimate penetration testing tool, to a handful of targets.
Microsoft is alerting customers that starting Feb. 9, it will enforce domain controller settings within Active Directory to block connections that could exploit the unpatched Zerologon vulnerability in Windows Server. Microsoft has been warning about the urgency of patching the flaw for months.
Privacy watchdogs in Europe have imposed fines totaling more than $330 million since the EU's General Data Protection Regulation went into full effect in May 2018, according to law firm DLA Piper. Over the past year, regulators received 121,000 data breach notifications, up 19% from the year before.