Cryptocurrency trading platform Coinbase faces a proposed class action from a user who says poor security led to the theft of $200,000 from his account. Attempts by plaintiff Manish Aggarwal to contact the company turned into a fight with an "impenetrable automated 'customer service' process."
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including implications of the Russia-Ukraine cyberwar, the former CISA director’s somber message to the industry at Black Hat, and how the cryptocurrency landscape is changing.
The latest edition of the ISMG Security Report discusses how ransomware-as-a-service groups are shifting their business models, how investigators battling cybercrime have been hindered by GDPR, and how employees consider workplace "choice" a key factor for job satisfaction.
Cybersecurity experts have been reacting to industry veteran Peiter Zatko's allegations of poor information security practices at Twitter, with many noting that he's hardly the first expert to have been hired to remedy serious problems, only to say they were prevented from doing their job.
Ransomware karma: The notorious LockBit 3.0 ransomware gang's site has been disrupted via a days-long distributed-denial-of-service attack, with administrator LockBitSupp reporting that it appears to be retribution for the gang leaking files stolen from a recent victim: security firm Entrust.
Hackers looted Bitcoin ATMs of $16,000 in an attack manufacturer General Bytes says stems from a zero day vulnerability accidently introduced in 2020. An executive with the Czech company suggest attackers may have been motivated out of vengeance for its pro-Ukraine stance.
Beleaguered spyware vendor NSO Group is attempting to reboot its corporate image by pledging to only sell its wares to NATO member countries, lay off 10% of its workforce and replace its CEO, as it seeks a buyer. But the company, which remains blacklisted by the U.S., faces an uphill battle.
Implementation of security service edge technology has progressed over the past six months from early adopters to mainstream organizations, with requests for proposals around SSE projects now carrying tight deadlines rather than no deadline at all, says iboss co-founder and CEO Paul Martini.
In this webinar, we’ll showcase how machine learning can be used to improve the ‘getting data in’ experience with Splunk. Specifically, we will demonstrate how to set up an automated alerting system that detects unexpected downtimes or spikes in your data ingestion volumes.
Obsidian Security has in recent months invested in giving enterprises more visibility into how their SaaS applications are talking to other SaaS applications so that supply chain compromise can be more easily detected and thwarted, according to CEO Hasan Imam.
Kudelski Security has made a big investment into the blockchain and Web3 security spaces, leveraging a team of 25 to help translate the company's expertise around cryptography and application security into the nascent market, according to CEO Andrew Howard.
Calling all Apple users: It's time to once again patch your devices to protect them against two zero-day vulnerabilities that attackers are actively exploiting in the wild to take complete control of devices. While there's no need to panic, security experts advise moving quickly.
Denis Mihaqlovic Dubnikov, 29, allegedly participated in a conspiracy to launder money obtained through Ryuk ransomware. Operators behind the malware mounted one of the largest cyberattacks against the healthcare sector in a fall 2021 ransomware spree.
As the Russia-Ukraine war continues, Ukrainian government cybersecurity official Victor Zhora says that the country's computer emergency response team has tracked more than 1,600 online attacks and that defensively, "wipers continue to be the biggest challenge."
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