The latest edition of the ISMG Security Report features an analysis of this week’s police takedowns of Emotet and Netwalker cybercrime operations. Also featured: Updates on passwordless authentication and the use of deception technology.
U.S. and Bulgarian authorities have seized servers and disrupted the infrastructure and darknet websites of the Netwalker ransomware gang. Police have also arrested one person and confiscated ransom money collected by the cybercriminal gang. The news comes the same week the Emotet botnet was disrupted.
Former Obama White House cybersecurity official Chris DeRusha has been appointed federal CISO by the Biden administration after having served as CISO for the Biden campaign. He joins a number of newly appointed officials who will have cybersecurity oversight.
The operators of the Nefilim ransomware used the credentials of a deceased system administrator to plant their crypto-locking malware in about 100 vulnerable systems during one attack, according to Sophos. These types of "ghost" accounts are an increasing issue for security teams.
A multinational law enforcement operation has disrupted the Emotet botnet, gaining control of hundreds of servers and arresting multiple alleged administrators in Ukraine, Europol says. While the botnet could rebound, cybersecurity experts say the criminal operation has been dealt "a huge blow."
With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels. They're also calling for a review of cyber insurance payouts being used to fund ransoms.
Kevin O'Brien, CEO and co-founder of GreatHorn, often asks business leaders about their email security, and they say "It's OK." But what's not "OK" is that these defenses are leaving enterprises wide open to vulnerabilities that adversaries are exploiting.
A targeted phishing campaign is using a fake Microsoft Office 365 update to steal email credentials from business executives, and the credentials are then being offered for sale in underground forums, security firm Trend Micro reports.
A Cypriot hacker has pleaded guilty to a pair of federal charges after admitting that he hacked the websites of several U.S. organizations, stole data and then threatened to disclose it unless a ransom was paid, federal prosecutors say.
In this webinar you will learn real-world applications for graph analysis and predictive analytics in the contact center for fraud defense across both voice and digital channels.
North Korean hackers have been "targeting security researchers working on vulnerability research and development at different companies and organizations" to trick them into installing backdoored software that gives attackers remote access to their systems, warns Google's Threat Analysis Group.
Email security vendor Mimecast confirmed Tuesday that the hackers responsible for the SolarWinds supply chain hack also breached the security firm's network to compromise a digital certificate that encrypts data that moves between some of the firm's products and Microsoft's servers.
The Austrian construction equipment manufacturing firm Palfinger AG reports being hit with a cyberattack that has knocked the majority of its worldwide IT infrastructure offline, eliminating its ability to use email and conduct business.
Good news on the cybercrime front: "Cryptocurrency-related crime fell significantly in 2020," compared to 2019, reports blockchain analysis firm Chainalysis. Unfortunately, in the same timeframe, ransomware profits surged 311%, stoking calls for a crackdown on ransom payments.
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