Collaborative AI - the process of one AI model learning from another - is one of the most effective ways for financial institutions to fight the sophisticated techniques fraudsters use for scams, said Johan Gerber, executive vice president of security and cyber innovation at Mastercard.
Authorities are sounding the alarm about double-extortion attacks against healthcare and public health sector organizations by a relatively new ransomware-as-a-service group, Rhysida, which until recently had mainly focused on entities in other industries.
A Russian espionage group attacked multiple organizations to steal credentials using Microsoft Teams chats that appear to originate from technical support. Microsoft on Wednesday attributed the campaign to a threat actor originating in the Russian Foreign Intelligence Service.
Government-backed North Korean hackers are posting convincing U.S. military job recruitment documents to lure Korean-speaking victims into downloading malware staged from legitimate but compromised South Korean websites, according to security researchers.
The highly active, North Korea-linked Lazarus Group is targeting unpatched Microsoft Internet Information Services servers to escalate privileges and distribute malware. Researchers spotted the group using watering hole techniques to fool victims in South Korea.
Michigan-based academic medical provider Henry Ford Health is notifying nearly 170,000 individuals that their protected health information was breached in a recent phishing scam that compromised three employees' email accounts. Henry Ford Health said the incident occurred on March 30.
The U.S. federal government says hacker abuse of valid credentials is the most successful method for gaining access to systems and the technique is responsible for slightly more than the half of critical infrastructure attacks that occurred over a yearlong period.
Ukrainian cyber defenders said a financially motivated threat actor is intensifying efforts to entice users into installing a backdoor Trojan known as SmokeLoader. The SSSCIP said the malware had the second-highest number of detections domestically during the months of May and June.
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With social engineering attacks escalating, security organizations should embrace better cybersecurity awareness training to protect their organizations against insidious schemes, said Barry Coatsworth, director of risk, compliance and security at Guidehouse.
Hackers are targeting Japanese Android users with a new smishing campaign to employ a new version of SpyNote malware. The attackers impersonate a Japanese public utilities company putatively concerned about payment problems to lure victims onto rogue website and infect their devices.
Suspected North Korean hackers who targeted enterprise software firm JumpCloud are likely behind a social engineering campaign targeting the personal GitHub accounts of employees from major technology firms - including those in the cybersecurity sector.
Cybercriminals are leveraging Google's paid advertisement service to push malicious sites on top search results in order to trick victims into downloading info stealers and backdoors. Researchers suspect it could be a workaround for the changes Microsoft made to protect against malicious macros.
Kevin Mitnick, the self-described "world's most famous hacker" - thanks in no small part to his being featured on the FBI's Most Wanted list during a two-year manhunt - has died at the age of 59. After serving time in prison, Mitnick went legit, warning others about the dangers of social engineering.
Spanish law enforcement officers scored several recent wins against cybercriminals this month. Police nabbed a Ukrainian hacker on the run for 10 years, arrested a fraudster known to have run a smishing campaign that amassed 1.2 million euros, and broke up a phishing nexus - all in two weeks.
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