U.K. authorities are attempting to seize more than $1.1 million in cryptocurrency from a notorious British hacker who carried out attacks that targeted more than 100 companies over a two-year period, according to the Metropolitan Police Service. The currency will be sold, with proceeds used to compensate victims.
With cybersecurity teams increasingly overworked and understaffed, organizations must prioritize more intelligent approaches to automating mundane tasks and freeing experts to focus on high-impact tasks, says Franklyn Jones of Cequence Security.
The latest digital identity capabilities and fraud-fighting technologies, including greater use of machine learning and threat intelligence, enable organizations to take a bigger bite out of cybercrime, says Shaked Vax of IBM Security's Trusteer.
In 2018, the Cybereason Research team identified a series of attacks targeting telecommunications companies. These attacks shared the same TTPs and consisted of a webshell execution followed by the deployment of Poison Ivy, a well-known RAT attributed to Chinese APT groups.
Where have all the hacktivists gone? While the likes of Anonymous, AntiSec and LulzSec became household names in the early 2010s, in the past three years the number of website hacks, defacements and information leaks tied to bona fide hacktivists has plummeted.
Eighty suspects, most of them Nigerian nationals, have been indicted on charges of running global business email compromise and romance scams that led to millions of dollars in fraud and allegedly involved a complex money-laundering operation.
VMware is acquiring cloud security firm Carbon Black in a $2.1 billion cash deal to bolster the virtualization giant's security portfolio. It's also acquiring Pivotal, a company that focuses on helping its customers build applications in the cloud as well as through new technologies such as containers.
Chinese advanced persistent threat groups are targeting cancer research organizations across the globe with the goal of stealing their work and using it to help the country address growing cancer rates among its population, according to researchers at cybersecurity company FireEye.
Cybercrime marketplaces Genesis and Richlogs are helping fraudsters to better impersonate legitimate users of banks, eBay, Amazon, Netflix and more by providing them with victims' legitimate "digital fingerprints" and replay tools designed to fool anti-fraud defenses.
"Silence," a Russian-speaking criminal group that has stolen $4.2 million from ATMs and financial institutions since 2016, has become more active this year, using new tools and tactics in its attacks and expanding its reach globally, according to the security firm Group-IB.
The transition to cloud-based software and infrastructure has revolutionized development and services. It's also created a bevy of new security challenges. Jay Heiser of Gartner says if organizations don't get cloud security right, it's their own fault. Here's why.
A cyber espionage campaign, which may have ties to North Korea, is suspected of targeting foreign ministries, academic institutions and think thanks that are studying or writing reports about the nation's regime, according to an analysis by the security firm Anomali.
Federal government agencies experienced 12 percent fewer cyber incidents in 2018, when there were no "major" data breaches, according to a new White House report. But the report notes there's still plenty of risk mitigation work to be done.
Ransomware-wielding attackers continue to target not just big businesses and large government agencies, but increasingly their smaller counterparts too. In Texas, officials say a campaign tied to a "single threat actor" infected 22 local government agencies on Friday.