Digital transformation and the rapid rise of fintech companies have rapidly changed the behaviour of merchants and consumers alike, resulting in a huge rise in digital payment methods and remote channels. But with greater convenience and speed comes risk. Retail and e-commerce businesses are seeing a rise in fraud,...
At the start of 2021, vaccine rollout let people imagine an end to pandemic disruption. But some of the world’s smartest cyber criminals weren’t interested in returning to business as normal. Over the first half of the year, a series of ransomware attacks on global infrastructure pushed cybersecurity to the top of...
The U.S. Department of Justice and FBI announced the seizure of three domains after an investigation that found these domains selling stolen personal information and providing access to conduct distributed denial-of-service attacks. The domain includes weleakinfo.to, ipstress.in and ovh-booter.com.
U.S. government agencies have issued a warning to organizations in the country against paying ransom to the Karakurt data extortion group. The threat actor's promises to delete stolen data and not disclose the security incident to the public if its demands are met are false, the agencies say.
Android spyware FluBot's infrastructure was disrupted by the Dutch police as part of a multinational law enforcement operation in May, rendering this strain of malware inactive, Europol says. The agency is continuing its probe into identifying the actors responsible for the malware campaign.
In the latest weekly update, four ISMG editors discuss important cybersecurity issues, including the trending topics at this year's RSA Conference, how security researchers are tracking a zero-day vulnerability in Microsoft Office and what Broadcom's acquisition of VMware means for security.
Boston Children's Hospital thwarted a cyberattack by government-backed Iranian hackers last summer after U.S. authorities received intelligence about the pending assault and alerted the hospital, says FBI Director Christopher Wray, who called Iran's planned cyberattack "despicable."
The U.S. has conducted offensive cyber activities in support of Ukraine, Cyber Command Director Gen. Paul Nakasone reportedly said on Wednesday at the NATO Cooperative Cyber Defense Center of Excellence conference. The White House says these operations do not violate historic policies with Moscow.
The 15th edition of the annual Verizon Data Breach Investigations Report examines the rapid growth in ransomware, along with other threat vectors. Chris Novak, global director of the Threat Research Advisory Center at Verizon Business Group, discusses key findings and reviews the security landscape.
The latest edition of the ISMG Security Report discusses how security researchers have warned of a new attack campaign targeting 1,200 cloud-based Elasticsearch databases. It also revisits the Kaseya supply chain attack and examines how we can mitigate mobile phone fraud.
The BlackCat ransomware group, aka ALPHV, which is said to be a rebrand of BlackMatter or DarkSide, has now targeted the Austrian state of Carinthia. The attack has "severely affected" government services in the state, says Gerd Kurath, a state spokesperson.
The FBI is warning the U.S. higher education sector about compromised sensitive credentials and network access information advertised for sale across various public and dark web forums. The agency states that this access to credentials could potentially lead to a cyberattack.
Police in Nigeria this week arrested a 37-year-old man who's been charged with masterminding "a criminal syndicate tied to massive business email compromise and phishing campaigns," Interpol says. But with known BEC losses last year exceeding $2.4 billion, will the arrest have a noticeable impact?
Since at least the middle of last year, online attackers have been increasingly targeting the financial services sector.
So warns John Fokker, principal engineer and head of cyber investigations for the Advanced Threat Research group at cybersecurity firm Trellix. He says Trellix's latest threat assessment found a...
Ransomware gang Black Basta, which came to prominence in April, has claimed responsibility on its leak site for a ransomware attack on AGCO. An AGCO spokesperson confirmed to ISMG that employee data was exfiltrated during an attack but did not comment on Black Basta's claims of responsibility.
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