In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the role of cyber insurers in supporting ransomware victims' incident response, and how to build a successful bug bounty program.
The U.S. Department of the Treasury has blacklisted Russia-based cryptocurrency exchange Suex for allegedly laundering tens of millions of dollars for ransomware operators, scammers and darknet markets. It is the first such designation for a virtual currency exchange.
Marketron Broadcast Solutions was hit over the weekend by a ransomware attack launched by the BlackMatter gang, and the attack has taken down a number of the marketing firm's products. Marketron is currently in talks with its attacker.
FBI Director Christopher Wray faced questions during a Senate hearing Tuesday concerning a published report that the bureau for almost three weeks withheld a decryption key that agents obtained from the ransomware gang that targeted software firm Kaseya.
NEW Cooperative, an Iowa-based farm services cooperative, has reportedly been targeted by the BlackMatter ransomware gang, demanding a $5.9 million payment from the organization, according to security researchers and published reports. The cooperative is working with law enforcement agencies.
Earlier this month, McAfee Enterprise's Advanced Threat Research team, working with McAfee's Professional Services IR team, reported that an APT campaign dubbed Operation Harvest had been in operation for years. Their analysis provides insight into the group's tools, tactics and techniques.
Like his peer CISOs, Amit Basu of International Seaways is concerned about complexity and the shifting landscape. But not just the threat landscape – he also is challenged by the shifting dynamics of business priorities and processes, as well as what "protection" in this new environment now entails.
Alaska's Department of Health and Social Services says it is notifying "all Alaskans" that their personal and protected health information may have been compromised in a nation-state-sponsored cyberattack that was detected in May, from which the department is still recovering.
CISA must update its plans to improve the security - both physical and cyber - within the nation's critical infrastructure, according to a report that specifically looked at issues related to the country's dams and levees. Attacks targeting critical infrastructure have raised the issue.
The Mēris botnet, responsible for huge waves of DDoS attacks recorded by cybersecurity firms Qrator Labs and Cloudflare, is still active, using "abandoned" MikroTik routers. The attack signatures saw a spike of 21.8 million requests per second, exploiting a vulnerable version of MikroTik RouterOS.
More than 15 million email addresses and individuals' personal details have been leaked by Anonymous in reprisal for Texas' new law restricting abortion. The leaked information allegedly comes from Epik, which has hosted far-right websites, including for the Republican Party of Texas.
The Biden administration may soon unveil plans to curtail the ransomware attacks that have crippled corporate networks this year. According to a report from The Wall Street Journal, the Treasury Department will announce sanctions and similar guidance designed to disrupt the ransomware model.
An Illinois man has been found guilty of running subscription-based distributed denial-of-service attacks that enabled customers to launch DDoS strikes of their own. He is now facing a statutory maximum sentence of 35 years in federal prison when sentenced in January 2022.
A dual citizen of Pakistan and Grenada has been sentenced to 12 years in prison for orchestrating a seven-year scheme that unlawfully unlocked nearly 2 million AT&T smartphones, which the carrier says amounted to $200 million in subscriber losses, according to the U.S. DOJ.
CISA, the FBI and the U.S. Coast Guard Cyber Command warn users of Zoho Corp.'s single sign-on and password management tool to patch for a vulnerability that nation-state groups may look to exploit. Attackers could use the bug to compromise credentials and exfiltrate data from Active Directory.