The Cyber Police of Ukraine arrested five cybercrime gang members for their participation in a transnational scheme to fleece buyers into a supposed cryptocurrency and securities investment platform. The gang has established call centers around Europe, including three in Kyiv and Ivano-Frankivsk.
A recent ransomware attack at a Texas hospital that knocked out phone and email systems for weeks is now even worse following OakBend Medical Center's admission that the hackers downloaded data from the medical records of up to 500,000 individuals.
In the latest weekly update, ISMG editors discuss implications of the seizure of $3.36 billion in stolen bitcoin, whether the EU is complicit in the spread of advanced spyware, and the departure of the U.K.'s Dr. Ian Levy, technical director of NCSC, with some important parting words.
The Australian government says hackers from Russia are behind the attack on Medibank, the country's largest private health insurer. Prime Minister Anthony Albanese said not just hackers but "the nation where these attacks are coming from should also be held accountable."
The United Kingdom and many other countries are considering ways to make banks liable for authorized payment fraud and lift the burden from millions of victims of online scams. Trace Fooshee, strategic adviser at Aite-Novarica Group, shares his views on why this might not be such a great idea.
Police in Ontario arrested a dual Canadian-Russian national for his involvement with the LockBit ransomware-as-a-service gang. The United States is asking for the extradition of Mikhail Vasiliev, 33, to face a criminal charge in a New Jersey federal court of conspiracy to commit computer intrusion.
A U.S. federal district judge said users would be "shocked to realize" that Facebook collects patient data. Plaintiffs suing the social media giant asked the judge to enjoin the company from intercepting health data and communications through its Pixel web tracking tool embedded into patent portals.
Embattled social media platform Twitter lost its chiefs of security, privacy and compliance, and the resignations put the company and its new owner, Elon Musk, at greater risk of regulatory enforcement. The company signed a binding two-decade agreement with the U.S. Federal Trade Commission in May.
Hacktivists fighting a proxy online battle against Russia after its invasion of Ukraine claim to have dumped online a trove of files from the Central Bank of Russia. The IT Army of Ukraine also claimed to have disrupted payments processing at Moscow's Alfa Bank.
The Red Cross symbol has marked people and facilities off-limits to attack across a century of wars, but security experts are skeptical about a proposal to create a digital Red Cross marker to protect healthcare and humanitarian groups from cyberattacks. The reason? You can't trust cybercriminals.
Microsoft released patches fixing a pair of Exchange vulnerabilities revealed publicly in late September and collectively known as ProxyNotShell. The computing giant assesses with "medium confidence" that state-sponsored hackers have exploited the now-squashed bugs.
A Dutch member of the European Parliament accused the European Union of weakness in the face of a threat to democracy posed by advanced spyware apps such as the NSO Group's Pegasus. Sophie in ’t Veld called for a moratorium on such apps and for a supranational crackdown.
The healthcare industry should be aware of Iranian hackers using social engineering techniques, says the U.S. federal government. Hackers sponsored by Tehran layer on the social media deception, warns the Department of Health and Human Services' Health Sector Cybersecurity Coordinating Center.
It's been a year since Beijing imposed regulations requiring disclosure to authorities of vulnerabilities - a period that correlated with an uptick in zero-day exploitation by Chinese state-backed hackers, says computing giant Microsoft. China is likely stockpiling and weaponizing the disclosures.
Malware activity has increased 28% since last year, and botnet and exploit activity are up over 100%, according to CyberTheory's 2022 Third Quarter Review. CyberTheory Director Steve King says "a new approach to cybersecurity defense" is needed to fight today's cybercrime.
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