Ransomware-wielding attackers continue to seek new ways to maximize profits with minimal effort. Top tactics spotted recently by experts include continuing to partner with initial access brokers and botnet operators and testing new monetization models, such as "mediation as a service."
Enterprises spend a lot of time on what zero trust is, but too little time on design thinking - and why cybersecurity solutions need that element baked in from the start. Brian Barnier and Prachee Kale of ThinkDesignCyber and CyberTheory Institute give an overview of their zero trust strategy.
Cyber insurance can defray costs associated with data breaches and ransomware attacks. But Kelly Butler of the advisory firm Marsh & McLennan Companies says insurers are tightening their requirements for policies due to rising costs associated with increasingly severe incidents.
A U.S. federal jury convicted former Twitter employee Ahmad Abouammo for spying on Saudi Arabian dissidents on behalf of Saudi Arabia. The jury also found him guilty of conspiracy to commit wire fraud, falsification of records and money laundering.
Three Nigerian nationals accused of participating in multimillion-dollar business email compromise fraud with a fixation on universities arrived in the United States after extradition from the United Kingdom. They allegedly attempted to steal more than $5 million.
A newly disclosed probe shows the Federal Trade Commission is investigating operators of BitMart, a cryptocurrency platform that lost $200 million of investor funds in one of the biggest crypto cyberattacks of 2021. The agency is scrutinizing the companies to see if they misled consumers.
Advanced, a critical software and services vendor to the U.K.'s National Health Service, confirms a ransomware attack by "financially motivated" threat actors is behind an IT outage that is still disrupting various NHS services, including 111. Some disruptions could last for weeks, the company says.
Response to supply chain attacks has evolved thanks to increased awareness and education, but more work needs to be done to understand how challenges can be addressed more systematically, says Sean Duca, vice president and regional chief security officer, Asia-Pacific and Japan, Palo Alto Networks.
As CISO of West, a Williston Financial Group company, Bruce Phillips recognizes that cybersecurity is not the enterprise's core business. But what, then, is the right level of cybersecurity to bring to a nonsecurity business? He discusses this and other leadership challenges.
U.S. companies could see new cybersecurity rules and restrictions on consumer data collection under a rule-making process initiated by the FTC. No regulatory outcome is guaranteed, but today's advanced notice of proposed rule-making is a first step to new data security and privacy regulations.
Cisco says it fell victim to a successful hack attack and data breach in May. While an attacker wielding Yanluowang ransomware claimed to have exfiltrated data and crypto-locked systems, Cisco says nothing sensitive was stolen and no systems were infected by ransomware.
Cloudflare credits hardware multifactor authentication with preventing bad actors behind a targeted phishing campaign from gaining access to its internal systems. Although attackers siphoned employee credentials, the hard key authentication requirement stopped attackers from snatching a soft token.
More than two years after being notified of it, Microsoft issued a fix for a Microsoft Windows Support Diagnostic Tool vulnerability known as DogWalk. The fix is part of the operating system giant's newest Patch Tuesday dump, which includes patches for 141 flaws.
Virtualization giant VMware is warning users to immediately patch a range of its access and identity management products now that researchers have published proof of concept code for exploiting an authentication bypass. The company says it has yet to see in-the-wild attacks using the exploit.