Federal regulators are once again reminding healthcare entities and their vendors of the importance of using strong multifactor authentication to help fend off hacks and other compromises, but they also warn about avoiding common mistakes with MFA.
Critical services in the Netherlands could be a potential target of ransomware and hacktivist attackers with ties to Russia as a means to sow large-scale disruptions in the country, according to a Dutch National Cyber Security Center warning this week.
An Iranian government-backed hacking group known as Charming Kitten has updated its malware arsenal to include an updated version of the Powerstar backdoor, also known as CharmPower, which takes advantage of a distributed file protocol to distribute customized phishing links.
The world's top chip manufacturer has dismissed the LockBit 3.0 ransomware gang's hack claim and $70 million ransom. TSMC said the data leak took place at a third-party supplier and contains only certain initial configuration files. It said customer information and operations were not affected.
The U.S. Department of Health and Human Services has notified Congress that the information of at least 100,000 individuals has been compromised in hacking incidents at HHS contractors involving exploitation of a flaw in managed file transfer software MOVEit from Progress Software.
While financial fraud has been prevalent for years, businesses still struggle to find it among large pools of data. In this second installment on accounting fraud, a panel of experts discussed the challenges including a lack of resources, skills and tools to identify fraud.
The new ransomware group 8Base is fast becoming a big player in the underground market, amassing nearly 40 victims in June - second only to the notorious LockBit ransomware gang. The group's top targets include business services, finance, manufacturing and IT industries.
The sensitive personal information of about 1.1 million National Health Service patients including trauma patients and victims of terrorism is reportedly among data compromised in a recent cyberattack on the United Kingdom's University of Manchester. The incident also affected students and alumni.
This week's crypto roundup includes DeFi hacks and scams in the second quarter of 2023, FTX and SBF, Justby in the CFTC's crosshairs, and JokerSpy in a Japanese exchange. Also, the IMF says a crypto ban won't curb risk, Binance won't delist privacy coins, and EU banks have new capital requirements.
The Irish government has proposed a number of measures to strengthen the country's top cyber agency's abilities to tackle ransomware and other cyberthreats. The National Security Strategy lays out 18 new action plans intended to augment the National Cyber Security Center's capabilities.
More victims of the Clop ransomware group's supply chain attack against popular file transfer software MOVEit continue to come to light. Security experts say about 150 organizations now appear to have been affected by the attacks, which compromised the personal data of over 16 million individuals.
The European cyber agency continues to remain underfunded despite the surge in ransomware and other cyberthreats, the organization's chief said in a recent hearing. The ENISA chief called on the European Commission to hold regulatory consultations to address the existing policy gaps.
European police on Tuesday confirmed the arrests of more than 6,000 people who were formerly active in defunct encrypted messaging service EncroChat. Authorities charged more than 200 top-level operators and seized drugs, guns and more than 900 million euros.
Ukrainian cyber police raided and closed more than a dozen fraudulent call centers last week, saying the operations were running fake investment scams that involved stealing cryptocurrency and payment card details from European and Central Asian citizens.
The tally of organizations affected by the Clop ransomware group's supply chain attack against users of Progress Software's popular MOVEit file transfer software continues to grow. UCLA and New York City schools - including students and staff - are the most recently named victims.
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