The Australian Federal Police have charged a 24-year-old Melbourne man for allegedly creating global spyware purchased by over 14,500 individuals across 128 countries. Priced at $25, once it is installed on a victim's computer, it can be used to steal personal information or spy on individuals.
Here's unwelcome ransomware news: When a ransomware victim chooses to pay a ransom, the average amount has increased to $228,125, reports ransomware incident response firm Coveware. On the upside, however, big-name ransomware groups are having a tougher time attracting affiliates.
The report from Israeli publisher Globes that CrowdStrike plans to spend $2 billion buying one or more Israeli cybersecurity companies sent shockwaves through the industry. Here's a look at six security startups with a large presence in Israel that could be a good fit for CrowdStrike.
While reports of big health data compromises involving unencrypted computers have been sinking for years, the recent theft of an iPad from a locked storage room - along with the tablet's password - is a reminder that mobile device mishaps can lead to breaches affecting tens of thousands of patients.
Big, bad bugs - including the likes of Heartbleed, BlueKeep and Drupalgeddon - never seem to burn out. Instead, they just slowly fade away, despite the risk that attackers will successfully exploit them to steal data, seize control of systems or deploy ransomware.
Getting cybersecurity right means CISOs need peer relationships with other operations executives. CISOs need board access and a handle on the company business, writes Ian Keller, director of security at a telecom company. "And then you'll wake up and realize this is not as simple as it sounds."
A proposed $350 million settlement of a consolidated class action lawsuit against T-Mobile, after a 2021 data breach that affected nearly 77 million people, includes breach victims and related legal costs. The settlement requires T-Mobile to invest $150 million to bolster data security.
The basic foundation of designing a reliable and dynamic cyber resilience program is to have an elaborate incident response plan that can take into account different cyberthreat scenarios and outcomes, says Singapore-based Christophe Barel, who is managing director for Asia-Pacific at FS-ISAC.
Ransomware operators, crypto miners and initial access brokers are increasingly targeting the same networks for compromise, creating a new set of challenges for defenders. Sophos has brought together three teams of cybersecurity experts to help businesses defend against changing threats.
A cybersecurity incident at popular Indian online travel website Cleartrip may have put at risk customer PII, including names, email addresses and phone numbers. Cleartrip is part of Walmart-controlled e-commerce firm Flipkart. "Appropriate legal action and recourse are being evaluated," it says
The Identity Theft Resource Center's data breach report for the first half of 2022 says approximately 40% of data breach notices do not list the root cause of the compromise. "Unknown" is the top cause of data breaches for the first time since the ITRC began tracking their causes.
The cybercriminals behind BlackCat ransomware have upgraded their arsenal by adding Brute Ratel, a pen-testing tool with remote access features that are used by attackers. The group targets large corporations in different industry segments across the U.S., Europe and Asia.
Threat actors carried out smishing attacks on nearly 10,000 Australian students enrolled at Deakin University and downloaded PII of about 47,000 students. Hackers compromised an employee's credentials to access the university's third-party SMS solutions provider to execute the attack.
The role of cyberattacks in Russia's war against Ukraine continues to evolve as the conflict persists, but one notable takeaway so far is the precision of the military's online attacks, which is likely an attempt to avoid spillover that would anger NATO, says Ian Thornton-Trump, CISO of Cyjax.
Please don't pay ransoms, authorities continue to urge. Britain's lead cyber agency and privacy watchdog are now making that appeal directly to legal advisers, warning them that paying a ransom offers no data protection upsides and won't lessen any fine they might face.
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