How many different shades of bizarre is the data breach notification issued by software vendor Blackbaud? Over the course of three paragraphs, Blackbaud normalizes hacking, congratulates its amazing cybersecurity team, and says it cares so much for its customers that it paid a ransom to attackers.
The Lazarus Group, the North Korean hacking group behind the WannaCry worm, the theft of $81 million from a Bangladesh bank and the attacks on Sony Pictures, apparently is expanding into ransomware, according to the security firm Kaspersky.
The speed at which IoT is enabling innovation is far outpacing the ability of the security custodians to implement appropriate controls before these devices hit the market. That creates a classic target-rich environment for the bad guys - one that will require vigorous defense and oversight.
Security experts say that ransomware victims too often treat the malware infection as an isolated event, when they should instead assume that attackers remain in their network until proven otherwise. Here are eight tips for dealing with ransomware and other intrusions and making a full recovery.
Changes in the privacy policies of social media companies have rendered many free open source intelligence tools unworkable, says Mason Wilder, senior research specialist at the Association of Certified Fraud Examiners. He describes the evolution of these tools and offers tips on how to apply them.
U.S. and U.K. cybersecurity agencies issued a joint warning this week that over 62,000 QNAP network-attached storage devices worldwide have been infected with data-stealing malware.
Mobile banking startup Dave is just the latest victim of criminal data brokers. Extensive evidence now points to Dave having been hit by a ShinyHunters, which has been tied to the sale of millions of stolen records to fraudsters - either via a phishing attack or hack of a third-party service provider.
Mobile-only banking app Dave has suffered a data breach that exposed personal details for at least 3 million users. But the fintech startup says no account information was exposed, and there are no signs of fraud. Dave says the incident traces to credentials stolen from Waydev, a third-party service provider.
Garmin has not yet announced what caused an outage of its Garmin Connect fitness tracking service as well as its website. But some employees reportedly are attributing the outage to ransomware.
Money launderers are devising new tactics during the COVID-19 pandemic. For example, some are coming up with ways to use personal protective equipment, or PPE, as a form of currency, says Debra Geister, CEO of Section 2 Financial Intelligence Solutions.
A previously undetected botnet called "Prometei" is targeting vulnerable Microsoft Windows devices by brute-forcing SMB vulnerabilities to mine monero cryptocurrency, according to Cisco Talos.
The latest edition of the ISMG Security Report analyzes the hacking of high-profile Twitter accounts. Also featured: Addressing security when offices reopen; the role of personal protective equipment, or PPE, in money laundering during the pandemic.
Any nationally chartered bank can now serve as a custodian of the cryptographic keys for a cryptocurrency wallet, according to a letter from the Office of the Comptroller of the Currency. James Wester of IDC analyzes the implications.
If the first rule of combating attempted election interference by nation-states is to watch for when it's happening, where does that leave Britain? A scathing report from Parliament's Intelligence and Security Committee concludes that national security was likely trumped by Russian money.
Companies can use data analytics and artificial intelligence to help mitigate the risk of collusion between their employees and vendors, says Amine Antari, managing director at the consultancy Kroll.
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