Cognizant estimates that the April ransomware attack that affected its internal network will cost the IT services firm between $50 and $70 million, according to the company's latest financial report. The company has said that the Maze ransomware gang was behind the attack.
Zoom has reached a settlement with the New York state attorney general's office to provide better security and privacy controls for its videoconferencing platform. Meanwhile, the company announced it's acquiring a start-up encryption company.
Even in the best of economic circumstances, enterprises face risks of insiders stealing data or selling access to systems. But Joseph Blankenship of Forrester says the possibility of layoffs due to the COVID-19 pandemic puts enterprises at more risk of insider threats.
Over the last five years, a hacking group that's apparently tied to China has been targeting government ministries in the Asia-Pacific region as part of a cyber-espionage campaign, according to Check Point Research.
Web hosting giant GoDaddy confirms that a data breach has affected about 28,000 of its customers' web hosting accounts, according to a news report. The company has reset passwords and usernames for some customers as a precaution, although it says no data appears to have been altered.
Kaiji, a newly discovered botnet, is compromising Linux servers and IoT devices using brute-force methods that target the SSH protocol, according to the security firm Intezer. The botnet has the capability to launch DDoS attacks.
German prosecutors believe that an alleged Russian hacker who apparently is a member of an elite military unit is responsible for the 2015 cyberattack against Germany's parliament, according to a news report. Earlier, the suspect was charged in connection with U.S. 2016 election interference.
Five suspected members of the InfinityBlack hacking group have been arrested, and authorities in Europe say they've seized two databases with more than 170 million entries, including combinations of stolen usernames and passwords.
Authorities in the U.S. and U.K. are warning medical institutions, pharmaceutical companies, universities and others about "password-spraying campaigns" by advance persistent threat groups seeking to steal COVID-19 research data. Security experts outline defensive steps that organizations can take.
Google and Apple on Monday released privacy and security guidelines for their jointly developed contact-tracing infrastructure. The companies note that apps developed using their APIs can only be developed by or for public health authorities - and solely to collect information to trace COVID-19 infections.