Based on Russian-language cybercrime chatter, "fear" likely drove the lucrative Avaddon ransomware-as-a-service operation to announce its retirement as the U.S. exerts increasing diplomatic pressure on Moscow to disrupt such activity, experts say. But are criminals simply laying low until the heat dies down?
The prolific Avaddon ransomware-as-a-service operation has announced its closure and released 2,934 decryption keys for free. Has the increased focus by Western governments on combating ransomware been driving this and other operations to exit the fray?
Cryptocurrency has a reputation for being tough to trace - no wonder anonymity-craving criminals favor using it. In reality, cryptocurrencies don't make users anonymous. But just how did the FBI recover most of the bitcoins paid by Colonial Pipeline to the DarkSide ransomware operation?
Criminals tricked into using an FBI-run encrypted messaging app, Verizon's 2021 Breach Investigations Report and overcoming the challenges of recruiting cybersecurity professionals are among the latest cybersecurity topics to be featured for analysis by a panel of Information Security Media Group editors.
Cryptojacking group TeamTNT is leveraging compromised Amazon Web Services credentials to attack its cloud environments through the platform’s API, according to researchers from Unit 42 at Palo Alto Networks.
A small U.S. nuclear weapons contractor has confirmed that it suffered a ransomware attack, resulting in the theft of data. Credit for the attack has been taken by the ransomware-as-a-service operation known as REvil, aka Sodinokibi, which the FBI recently tied to the attack against meatpacking giant JBS.
President Joe Biden's nominees for White House cyber director and CISA director faced questions from senators during their confirmation hearing Thursday, including how the federal government should respond to a recent spate of ransomware attacks and other cyberthreats.
Some 26 million passwords were exposed in a 1.2 terabyte batch of data found by NordLocker, a security company. It's workaday botnet data, but it highlights a hostile malware landscape, particularly for people still inclined to download pirated software.
Is it any wonder that criminals keep flocking to ransomware when their individual haul from a well-executed digital heist can be worth $11 million? That's the amount paid to the REvil ransomware gang by meatpacker JBS USA, after its systems were crypto-locked on May 30.
Microsoft's June Patch Tuesday contained patches for six zero-day vulnerabilities being exploited in the wild, including two flaws detected by Kaspersky that were being exploited by a new threat group named PuzzleMaker.
Researchers have uncovered an ongoing campaign by a Chinese advanced persistent threat group that has spent the last three years testing and refining a custom backdoor in its arsenal to conduct espionage campaigns targeting governments in Southeast Asia.
Security researchers have identified two vulnerabilities in the Joomla content management system that can be chained together for complete compromise of the network, a report by security firm Fortbridge finds.
Content delivery network Fastly says its global outage on Tuesday was caused by an unanticipated software bug, which it has now patched. IT experts caution that content delivery networks and other cloud services can become single points of failure if they go down, unless users have resiliency plans.
Security automation is going to be the key for organizations to proactively protect themselves and also investigate incidents. Ty Miller of Threat Intelligence says security automation is driving everything from penetration testing to incident response.
Researchers at Malwarebytes have uncovered the latest tactics, techniques, and procedures used by the North Korean threat group Kimsuky, also known as Thallium, Black Banshee and Velvet Chollima, as it continues to launch espionage attacks. This time it is using an AppleSeed backdoor.