The Central Committee Building in Pyongyang, North Korea (Photo: gfs_mizuta/14 images via Pixabay)

North Korean Crypto Theft Totals $400 Million in 2021

Dan Gunderman • January 14, 2022

North Korean cybercriminals escalated their illicit campaigns throughout 2021, frequently carrying out crypto hacks to siphon funds, launder gains and cash out using a decentralized exchange. New data from Chainalysis says North Korean hackers lifted nearly $400 million in cryptoassets last year.

Cybercrime

Russian Denied Bail in Insider Trading Hacking Case

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Blockchain & Cryptocurrency

OCC Chief Calls for Collaboration in Crypto Regulations

Devon Warren-Kachelein • January 15, 2022

With 16% of U.S. citizens using a cryptocurrency trading platform, OCC Acting Chief Michael Hsu urges collaborative efforts to pass cryptocurrency regulations, which he says could lead to greater innovation in the space.

Application Security

ISMG Editors: Is 2022 the Year of the SBOM?

Anna Delaney • January 14, 2022

In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the importance of incident repose planning; the worldwide impact of the LOg4j flaw, which may lead to 2022 being the year of the SBOM; and the increasingly blurred line between conventional...

Business Continuity Management / Disaster Recovery

Ukrainian Websites Defaced as Tensions With Russia Continue

Mathew J. Schwartz • January 14, 2022

Multiple government sites in Ukraine, as well as Swedish, U.K. and U.S. embassy websites, have been defaced with warnings to "be afraid and expect the worst." The defacements occurred after a week of "intensive" but unresolved talks between NATO and Russia, which continues to mass troops on Ukraine's border.

Blockchain & Cryptocurrency

North Korean APTs Target Cryptocurrency Startups

Devon Warren-Kachelein • January 14, 2022

A new Lazarus-linked APT threat known as BlueNoroff has emerged and is actively targeting cryptocurrency startups in a campaign called "SnatchCrypto." Research by Kaspersky found that more than 15 venture businesses and their employees have fallen victim to the nation-state threat actors.

3rd Party Risk Management

Ransomware Gatecrashes the Apache Log4j Attack Party

Anna Delaney • January 14, 2022

The latest edition of the ISMG Security Report features an analysis of how attackers are distributing Night Sky crypto-locking malware to exploit Log4j vulnerabilities, lessons learned from Log4j and a security flaw that affects some Tesla-built vehicles.

3rd Party Risk Management

Why Third Parties are the Source of So Many Hacks

Isa Jones • January 14, 2022

Protecting your critical access points and assets should be the number one priority in your cybersecurity strategy.

Governance & Risk Management

Insider Threats are a Quiet Risk in your System

Isa Jones • January 14, 2022

No matter the root cause, the result is the same: reputation damage, fines, compliance issues, and of course the ripple effects that extend outward from a breach.

Governance & Risk Management

Zero Trust Is More Than A Buzzword

Isa Jones • January 14, 2022

Since no one is trusted in this model, insider and outsider access needs to be verified and authenticated each time a user logs into a system.

Application Security

White House Hosts Open-Source Security Summit With Big Tech

Dan Gunderman • January 13, 2022

In the wake of the explosive Apache Log4j vulnerabilities, the White House hosted tech leaders and federal agencies in a summit to discuss ways to improve open-source software security. The meeting was hosted by Deputy National Security Adviser for Cyber and Emergency Technology Anne Neuberger.

3rd Party Risk Management

Log4j Updates: Flaw Challenges Global Security Leaders

Devon Warren-Kachelein • January 12, 2022

The security world continues its fight against potential widespread exploitation of the critical remote code execution vulnerability - tracked as CVE-2021-44229 - in Apache's Log4j software library, versions 2.0-beta9 to 2.14.1, known as "Log4Shell" and "Logjam." This is a digest of ISMG's updates.

Endpoint Security

Researcher Says Flaw Allows Remote Access to Teslas

Jeremy Kirk • January 12, 2022

A security researcher in Germany says he's discovered a software flaw affecting a small number of Teslas, allowing him to unlock doors and windows, start vehicles without keys and disable security systems. The flaw, however, does not affect steering, acceleration or braking.

Critical Infrastructure Security

US Warns of Russia-Backed Threat to Critical Infrastructure

Devon Warren-Kachelein • January 11, 2022

The U.S. Cybersecurity and Infrastructure Security Agency, FBI and National Security Agency warn in a joint advisory that state-sponsored Russian attackers are actively exploiting and seeking to cause disruption to critical infrastructure, and it urges defenders to mitigate commonly seen attack vectors.