Authorities have accused Serbia-based scammers of capitalizing on the "initial coin offering" bubble that began in 2017, bilking global cryptocurrency investors out of $70 million via Bitcoiin2Gen and other supposed coins and hiring actor Steven Seagal to endorse them.
SonicWall was recently attacked via a zero-day flaw in one of its own products. Curiously, SonicWall hasn't said much about the extent and damage of the breach since its announcement. But there are strong indications it may have been targeted by an extortion attempt.
In 2020, a cybercrime operation known as ShinyHunters breached nearly 50 organizations, security researchers say. And this year, it shows no signs of slowing down - it's already hacked e-commerce site Bonobo and dating site MeetMindful.
After being hit by SolarWinds hackers, the Administrative Office of the U.S. Courts instructed the nation's district courts to restrict the filing of sensitive information to hard copy or "secure electronic devices." But will this defense create an even bigger bureaucratic fallout than the attack itself?
Small businesses have been disproportionately affected by hackers in recent months. To aid in countering the threat, Mastercard has launched a cybersecurity education effort targeting this market segment. Paul Trueman, a senior vice president Mastercard, explains the “Trust Center” initiative.
Several data breaches stemming from unpatched vulnerabilities in Accellion's File Transfer Appliance have been revealed. What went wrong? Where does the fault lie? And what can organizations do about it?
To take down bigger targets more easily and quickly, ransomware gangs are increasingly tapping initial access brokers, who sell ready access to high-value networks. Economically speaking, it's a no-brainer move for cybercrime gangs.
Ransomware attacks continue to pummel organizations, but fewer victims have been paying a ransom, and when they do, on average they're paying less than before, says ransomware incident response firm Coveware, which traces the decline to attackers failing to honor their data deletion promises.
In light of the widespread apparent impact of the hack of SolarWinds' network management tools, it's time for a frank assessment of the lack of cybersecurity progress in recent years. Consider a "60 Minutes" report from 2015 - and where we're at today.
"Has anyone witnessed any examples of criminals abusing artificial intelligence?" That's a question security firms have been raising. A new report has identified likely ways in which such attacks might occur and offers examples of threats already emerging
Blockchain technology has been floated as a solution to enable remote, electronic voting. But MIT researchers say today's paper-based systems, while imperfect, are still the most reliable way to prove to voters that their selections have been accurately cast and tallied.
Cybersecurity is poised to become a higher White House priority when President-elect Joe Biden takes office. And he's expected to renew key international relationships needed in the fight against cyberattacks.
Takeaway from the U.K.'s GDPR privacy fine against hotel giant Marriott: During M&A, review an organization's cybersecurity posture before finalizing any acquisition. Because once a deal closes, you're fully responsible for data security - IT network warts and all.
Dave Snyder of Independence Blue Cross in Philadelphia has been in security leadership long enough to know: It's not about whether you have a technology foundation or lean more toward leadership. It's about having both, and about being a security evangelist, too.