Sri Lankan authorities have arrested more than 200 Chinese nationals who they say overstayed their visitor visas and engaged in large-scale financial scam operations targeting victims across Asia. The Chinese Embassy in Colombo says it supports the law enforcement crackdown.
A British cybersecurity official touted Operation Cronos, an international operation against LockBit, saying multiple strikes aimed at the ransomware-as-a-service have disrupted its ability to recruit hackers. The operation has resulted in indictments, sanctions, and server takedowns.
Ransom payments are typically tightly held secrets between cybercriminals and their victims, but the Australian government has introduced a cybersecurity bill in Parliament that would require larger businesses to report ransom payments to the government.
The British government will continue disruptive actions against ransomware and malware operators, a top U.K. government official vowed Wednesday. Stephen Doughty, Minister of State, said the recently elected U.K. government views security as a core pillar of economic and strategic growth.
Cybercrime syndicates across Southeast Asia have teamed up with human traffickers, money launderers and cryptocurrency services to build an increasingly effective cybercrime ecosystem that can survive law enforcement crackdowns, according to a new United Nations report.
The United Kingdom's National Health Service said nearly all services disrupted by a June ransomware attack on pathology laboratory services provider Synnovis are finally back online. The incident triggered a national blood supply shortage and forced cancellation of thousands of medical procedures.
Nation-state actors are investing aggressively in advanced cyber operations to target government information and technology in a bid to sow "mayhem on British and European streets," warned a top British intelligence official. Russia, Iran and China are using proxies and hacking agencies.
At the recent Cybersecurity Summit: Canada East, hosted by Information Security Media Group, cybersecurity leaders, industry experts and top executives discussed the surge in ransomware attacks, the integration of AI into security frameworks and growing personal liability concerns for CISOs.
The U.K. data regulator fined the Northern Ireland's Police Service 750,000 pounds following a 2023 data breach that exposed personal details of the entire workforce. The U.K. Information Commissioner's Office determined the breach occurred when police attempted to respond to two open records requests.
The U.K. antitrust regulator called off an investigation into the March $4 billion deal between Amazon and artificial intelligence firm Anthropic. "Amazon’s partnership with Anthropic does not qualify for investigation under the merger provisions of the Enterprise Act 2002," the regulator said.
China's Ministry of State Security has accused a Taiwanese government agency of waging cyberattacks on the mainland's digital assets across multiple organizations and running disinformation campaigns on social media to disrupt the political system and sow social discord.
This week, CyberEdBoard members Jon Staniforth and Helmut Spöcker joined ISMG editors to unpack the hot topics at ISMG's London Cybersecurity Summit 2024, including ransomware lessons learned, AI trends and the growing importance of continuous learning and resilience in the cybersecurity industry.
Timely notification of ransomware incidents to British law enforcement agencies played a crucial role in understanding the threats and in developing mitigation strategies, the former security heads of Royal Mail and the University of Manchester said.
China's cyberespionage campaigns, viewed as an extension of the communist regime's wider geopolitical moves, rely on civilian hackers from domestic security firms for much of their success. Researchers say these groups face off in intense rivalries for lucrative government contracts.
The U.K. Payment Systems Regulator wants to reduce the reimbursement cap on authorized push payment fraud to ease the burden on smaller banks. That's unacceptable and would undermine the financial system's integrity, said Jonathan Frost, board member at the Stop Scams Alliance.
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