The latest ISMG Security Report discusses a new phishing-as-a-service toolkit designed to bypass multifactor authentication, the decision by Lloyd's of London to exclude nation-state attacks from cyber insurance policies, and challenges at Okta after it acquired customer identity giant Auth0.
The Labor Day weekend ransomware attack on the Los Angeles Unified School District is drawing serious attention from the U.S. government, which has sent the FBI. The attack vector is unknown, but nearly two dozen compromised district accounts appeared on the dark web in the months before the attack.
California's largest public school district and the second-largest in the U.S. is undergoing a ransomware attack. The attack has disrupted the district's email system but fundamental school system functions - including instruction and transportation, food and after-school programs - are unaffected.
The operators behind banking Trojan SharkBot are distributing an updated version of the malware on now-deactivated malicious applications on Google Play. Called Mister Phone Cleaner and Kylhavy Mobile Security, the apps have been downloaded 10,000 and 50,000 times, respectively, says Fox-IT.
Insurance market giant Lloyd's of London says that starting next year, its cyber insurance policies will no longer cover state-sponsored cyberattacks. But with attribution being inherently tricky, expect this move to be tested in court, says Jonathan Armstrong, a partner at Cordery law firm.
In the latest weekly update, four Information Security Media Group editors discuss key cybersecurity issues, including the high cost of BEC scams, a Cuba ransomware gang's attack on Montenegro, and why so many hacktivists couldn't overcome the technical ennui of the Russia-Ukraine cyberwar.
Food delivery firm DoorDash says its customers and employees have been impacted by the phishing attack on its third-party service provider. DoorDash says it experienced "unusual and suspicious activity" on its third-party vendor's computer network that was a victim of a phishing campaign.
An ongoing phishing campaign has compromised Twilio, Mailchimp and about 130 other organizations by using a lookalike Okta login page to trick employees into divulging their password and multi-factor authentication code. Researchers have traced the attacks to a 22-year-old suspect in North Carolina.
Domain name registrars track domain name owners via "whois" data, which is a crucial tool for investigators combating cybercrime. But Kroll's Alan Brill says that since the EU General Data Protection Regulation went into effect, many registrars no longer publicly share such information, and that's a problem.
Researchers uncovered a spear-phishing campaign targeting automotive and chemical manufacturers across the Spanish-speaking nations of Mexico and Spain. The latest campaign began in June 2022, uses Grandoreiro banking Trojan and impersonates Mexican government officials, Zscaler ThreatLabz reports.
Cloud collaboration suites like Microsoft 365 are critical to business success, but have become significant entry points for potential exploitation. Just as your team relies on email and collaboration tools to accomplish their goals, so too do sophisticated threat actors. And while the built-in security of Microsoft...
The latest edition of the ISMG Security Report discusses how ransomware groups continue to refine their shakedown tactics and monetization models, highlights from this year's Black Hat conference and why helping those below the "InfoSec poverty line" matters to businesses.
Research by Dun & Bradstreet says business identity fraud jumped 254% in 2020. Tools can help prevent this fraud but may create greater friction, say Andrew La Marca, senior director at Dun & Bradstreet, and Ralph Gagliardi, agent in charge, High Tech Crimes Unit, Colorado Bureau of Investigation.
Signal says 1,900 of its customers have been affected by the recent phishing attack on its third-party vendor Twilio. Signal says phone numbers and SMS verification codes of 1,900 customers are compromised, potentially transferring access of these accounts to the attackers.
The average person believes using Multi-Factor Authentication (MFA) makes them significantly less likely to be hacked. That is simply not true! Hackers can bypass 90-95% of MFA solutions much easier than you would think. Using a regular looking phishing email, they can bypass MFA just as easily as if it were a simple...
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