Latest

Cyberwarfare / Nation-State Attacks

Hackers Impersonate Meta Recruiter to Target Aerospace Firm

Prajeet Nair  •  October 1, 2023

Researchers discovered an undocumented backdoor being used by the North Korean Lazarus Group to target a Spanish aerospace company. The attacker masquerading as a Meta recruiter and tricked the victim into downloading and executing malicious files on a company device.

Governance & Risk Management

Vulns Found In Another Progress Software File Transfer App

Prajeet Nair  •  September 29, 2023

Progress Software is again sending customers on a scramble to install emergency patches, this time for its secure FTP server software. The advisory comes months after hackers took advantage of a zero day in the company's MOVEit file transfer software in a hack affecting tens of millions.

►

Governance & Risk Management

Editors' Panel: What Impact Will Cisco's Splunk Acquisition Have on Industry?

Anna Delaney  •  September 29, 2023

In our latest weekly update, ISMG editors discuss key takeaways from a forum on developing a strategy for OT security, guidance issued by the U.S. Food and Drug Administration on cybersecurity in medical devices, and how the acquisition of Splunk by Cisco might impact the cybersecurity industry.

Network Detection & Response

IronNet Ceases Operations, Terminates All Remaining Staffers

Michael Novinson  •  September 29, 2023

The firm founded by retired four-star Army Gen. Keith Alexander and once valued at $1.2 billion has officially turned off the lights. IronNet Friday ceased business operations and terminated remaining employees after probing alternatives and finding additional sources of cash unavailable.

Endpoint Security

Inside Look: FDA's Cyber Review Process for Medical Devices

Marianne Kolbasuk McGee  •  September 29, 2023

Medical device makers in their premarket submissions to the Food and Drug Administration under the agency's new refuse to accept policy for cybersecurity should pay close attention to details such as a product's software bill of materials and vulnerability management, said Jessica Wilkerson of FDA.

Governance & Risk Management

Chrome Patches 0-Day Exploited by Commercial Spyware Vendor

Mihir Bagwe  •  September 28, 2023

Google rolled out an urgent Chrome browser security update to address a zero day actively exploited by a commercial spyware vendor. The high-severity bug is the fifth zero day patched by Chrome this year. Google did not provide details, only stating that it is aware of an exploit in the wild.

Cryptocurrency Fraud

Study Reveals Conti Affiliates Money Laundering Practices

Akshaya Asokan  •  September 28, 2023

Contrary to the popular notion that ransomware hackers are sophisticated launderers of their stolen money, research shows they use straightforward mechanisms to transfer their bitcoin - allowing researchers to follow their money trail. Only a sliver transacted with a crypto mixer.

Security Operations

Nord Security Raises $100M on $3B Valuation to Go After M&A

Michael Novinson  •  September 28, 2023

The maker of the world's most popular VPN service hauled in $100 million on a $3 billion valuation to accelerate growth through mergers and acquisitions. The Warburg Pincus-led investment will allow the Lithuania-based internet privacy and security vendor to expand its product offering.

Cybercrime

Infusion Firm Faces Lawsuit After Hackers Hit Parent Company

Marianne Kolbasuk McGee  •  September 28, 2023

Specialty infusion company Amerita is facing a proposed federal class action lawsuit in the wake of a March cyberattack on its parent company, PharMerica, which reported a breach affecting nearly 6 million individuals. Amerita recently reported its own breach that affected about 220,000 people.

Cybercrime

Breach Roundup: Johnson Controls Suffers Ransomware Attack

Anviksha More  •  September 28, 2023

This week: Johnson Controls suffers a ransomware attack, the Philippine state health insurance program struggles to recover from a ransomware and Air Canada reports a cyberattack. Also: an APT group uses the American Red Cross as bait and new malware targets would-be users of Bitwarden.

►

Artificial Intelligence & Machine Learning

Cyber Fail: More Bumbling Cybercrooks, Avoidable Breaches

Anna Delaney , Cal Harrison  •  September 28, 2023

Welcome to "Cyber Fail" - ISMG's roundup of all that's broken in the world of cybersecurity, where our panel of experts uncovers the fails so we can strengthen our defenses. In this episode, ISMG host Anna Delaney takes on bumbling cybercrooks, avoidable breaches and the ethics of paying a ransom.

Governance & Risk Management

Why OT Security Keeps Some Healthcare Leaders Up at Night

Marianne Kolbasuk McGee  •  September 27, 2023

It's not just medical device cybersecurity that's keeping some healthcare security leaders up at night - it's also the risks posed by other critical connected gear that patients and clinicians depend upon, said Ali Youssef, director of medical device and emerging tech security at Henry Ford Health System.