The latest edition of the ISMG Security Report analyzes a new report that labels ransomware as the No. 1 cybercrime threat. Also featured: A former FBI agent offers an update on "disruptionware" attacks; how Tesla's autopilot is tricked by phantom images.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
The Xplora 4 kids smartwatch was shipped with a backdoor that could be activated remotely by an encrypted SMS to take secret screenshots. The manufacturer says the code was mistakenly left in the firmware, and it has issued a patch to remove it.
Two types of autopilot systems can be tricked into reacting after seeing split-second images, according to new research into autonomous vehicles. Although this could pose a risk, deep-learning software could keep the systems from being tricked.
Microsoft's IoT platform, Azure Sphere, which launched in February, is the company's bet to address the growing security and management problems around connected devices. A three-month bug bounty program for the platform resulted in resolving a number of vulnerabilities and awarding $374,000 in bounties.
Security researchers with the Chinese company Qihoo say they've spotted a new IoT botnet that brute forces telnet ports on routers and other devices and is coded with a command to erase infected devices.
The latest edition of the ISMG Security Report analyzes cybersecurity firm McAfee's plans to again become a publicly traded company. Also featured: 'Zero trust' strategic insights and an IoT security flaw saga.
Legislation that establishes minimum security standards for IoT devices procured by the federal government is moving closer to becoming law. A bill has passed the House, and chances are likely better than ever for Senate support following a rewrite of parts of the bill.
A fresh round of Joker malware that targets Android users has been found in Google Play as well as third-party app stores, according to reports from Zscaler and Zimperium. The Joker apps can steal SMS messages, contact lists and device information from infected smartphones.
An internet-connected coffee machine is the latest IoT device to show security problems. The security firm Avast infected the Smarter Coffee machine with ransomware that causes uncontrollable spinning of its grinder and dispensing of hot water. The only option to stop it? Unplug the machine.
Mozi, a relatively new peer-to-peer botnet, is now dominating global IoT network traffic, according to a new report from IBM's X-Force unit. The malware is being used to launch DDoS attacks as well as mine for cryptocurrency.
President Donald Trump says TikTok and Oracle are close to making a deal. Don't neglect to read the fine print. While the president has demanded TikTok divest its U.S. operations - preferably to Oracle - because of national security concerns, the Chinese firm is instead offering Oracle a minority stake.
A recently uncovered Linux malware variant dubbed "CDRThief" is targeting VoIP networks to steal phone metadata, such as caller IP addresses, ESET reports. The malware appears to be designed for cyberespionage or fraud.
The U.S. Federal Communications Commission estimates the total cost for smaller and rural telecom carriers to rip and replace Huawei and ZTE gear from their networks to enhance national security will be over $1.8 billion.