In the latest weekly update, ISMG editors discuss top takeaways from Ukraine's cyber defense success, how a European regulator suspended Facebook data transfers to the United States, and the state of the EU General Data Protection Regulation on its five-year anniversary.
Security researchers discovered an Iran-linked APT group carrying out a new chain of ransomware attacks against Israeli organizations. Check Point said attackers surprisingly carried out most of the activity manually over RDP but warned they are growing better at coding malware and using tools.
German prosecutors on Monday indicted four executives of insolvent commercial spyware firm FinFisher for illegally exporting their hacking tool to Turkey. The indictment comes as a European Parliament committee concluded an investigation of bloc members' use of commercial spyware.
The American Hospital Association is urging federal regulators to back off from recent guidance that treats patient IP addresses as protected health information, saying that the new rules would "reduce public access to credible health information" and create hardships for doctors and hospitals.
A new OAuth-related vulnerability in an open-source application development framework could expose Facebook, Google, Apple and Twitter users to account takeover, personal data leakage, identity theft, financial fraud and unauthorized actions on other online platforms, security researchers said.
Healthcare providers are struggling with protecting legacy medical devices against a rising tide of cyberthreats. New Health Sector Coordinating Council guidance can help, said Jessica Wilkerson of the Food and Drug Administration and Mike Powers of Intermountain Health.
Between May 19 and 25, a hacker took control of Tornado Cash and stole $1 million, plaintiffs in a Coinbase-bankrolled lawsuit pressed for summary judgment, attackers used crypto phishing as a service to steal $6 million, Trezor hot wallet was found to possibly be buggy and Celer patched a bug.
In the days between May 19 and May 25, the spotlight was on flaws in Barracuda Networks Email Security Gateway appliances, another GoAnywhere data breach that affected Franklin Templeton Canada and an American teenager out on bail and facing federal charges for hacking DraftKings accounts.
A new strain of Russian operational technology malware could cause electric power disruption in Europe, the Middle East and Asia, Mandiant found. The malware wreaks havoc by interacting with devices such as remote terminal units that are used for electric transmission and distribution operations.
Versions of the Mirai botnet are targeting a vulnerability present in numerous Zyxel network devices. Zyxel patched the vulnerability in April but it's not clear how many users have applied the fix. Security experts warn the flaw appears to be exploited at a massive scale.
Five years after the effective date of the General Data Protection Regulation, the European Union privacy law - hailed as a way to protect the privacy of citizens in an increasingly digital world - continues to be marred by criticism over its lack of effectiveness and uneven implementation.
OT security is being discussed in the board room as attackers adopt the use of AI and automation. Many organizations never fully implement the frameworks that define OT security maturity, and we need holistic solutions and platform approaches that address the operator's needs.
North Korean hackers are using custom-built malware for information exfiltration campaigns against human rights organizations. The variation of the RandomQuery malware used in this campaign has the "single objective of file enumeration and information exfiltration," says SentinelOne.
Seed funding for Israeli cybersecurity startups has blossomed despite the economic downturn, and both deal volume and size have strengthened in 2022 as compared to 2021. The indefinite closing of the initial public offering market in spring 2022 caused late-stage investment to fall off a cliff.
A suspected cyberespionage group that has been active since 2020 has targeted government and diplomatic entities in the Middle East and South Asia using a malware tool set capable of controlling victims' machines and exfiltrating system data and credentials.