A large-scale phishing-as-a-service operation is shifting tactics to allow attackers to avoid anomaly detection by using localized IP addresses, warns Microsoft. The U.S. Secret Service has reported that BEC incidents cost global enterprises more than $43 billion in losses over a five-year span.
MiCA's consumer protection provisions extend to cybersecurity, with its anti-money laundering, cyberattack liability and travel rule clauses. ISMG contributors Ari Redbord of TRM Labs and Troy Leach of Cloud Security Alliance discuss its impact on cybercrime, compliance challenges and the way ahead.
Taiwan was buffeted during April by a three-day surge in malicious emails that increased to four times the usual amount, a reflection of increased tensions in the Taiwan Strait, say threat analysts. Following the wave, Trellix observed a 15-fold increase in PlugX infections.
New entrants LexisNexis Risk Solutions and F5 joined longtime leaders Experian and IBM atop KuppingerCole's Leadership Compass for fraud reduction intelligence platforms. Leading vendors help users detect bots and have capabilities spanning different sectors from finance to payments to e-commerce.
The LockBit ransomware group on Tuesday published 1.5 terabytes of data the group says it stole from Bank Syariah Indonesia after ransom negotiations broke down. The group says the records include information of about 15 million customers and employees of the country's largest Islamic bank.
In the days between May 11 and May 18, the Uranium Finance hacker laundered more stolen funds, LayerZero launched a $15 million bug bounty program, the European Union adopted comprehensive cryptocurrency legislation, and Ledger faced backlash on its seed phrase recovery solution.
In this week's data breach roundup: the Philadelphia Inquirer, Swiss multinational ABB, French electronics manufacturer Lacroix, the U.S. Department of Transportation employee data and more. Dallas is still recovering from a ransomware attack and researchers infiltrated a ransomware group.
Fifteen months after Russia intensified its illegal invasion of Ukraine, experts say top cyber defense lessons policymakers and defenders should apply include focusing on resilience. Building for resilience acknowledges the inevitability of ongoing attacks.
The BianLian ransomware group is abandoning malicious encryption in favor of pure extortion, warns the U.S. top cybersecurity agency. A major likely factor in BianLian's shift was cybersecurity firm Avast's January release of a free decryptor.
Data443 has bought Cyren's threat intelligence, URL categorization and email security technology out of bankruptcy for up to $3.5 million. Buying Cyren's anti-spam, virus outbreak detection, IP reputation, URL filtering and Threat InDepth data feeds will boost Data443's existing product portfolio.
Ukraine's top cybersecurity agency says Russian hackers took a sudden interest in obtaining personal data and mounted successful attacks against more than one-third of the country's largest insurers. It predicts the stolen data may end up for sale on the dark web.
The Royal ransomware group, which spun off from Conti in early 2022, is refining its downloader malware using tactics and techniques that appear to draw directly from other post-Conti groups, as well as working closely with trusted former associates of Conti, REvil and Hive, researchers say.
Security researchers say a new Babuk knockoff ransomware group emerged in April and has already claimed targets in the United States and South Korea. Threat intelligence company Cisco Talos says RA Group is the latest criminal group to take advantage of the June 2021 leak of Babuk source code.
U.S. federal prosecutors announced a slew of indictments and arrests in cases involving attempts by foreign nationals to illegally export technology into Russia, China and Iran. The arrests are part of a recently announced Disruptive Technology Strike Force.
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