In financial services, there is a stark difference between defending against authorized versus unauthorized fraud incidents. James Hunt of Bottomline Technologies discusses the schemes and how to respond with a more dynamic prevention strategy.
Microsoft issued emergency software patches on Tuesday for four zero-day vulnerabilities in its Exchange email server. The alarming vulnerabilities could allow a remote attacker into Exchange and possibly enable further lateral movement.
The Lazarus Group, a North Korean hacking operation also known as Hidden Cobra, is deploying TFlower ransomware, using its MATA malware framework, security firm Sygnia reports.
Fortinet’s FortiGuard Labs is out with its latest Global Threat Report, this one reflecting on the second half of 2020. No surprise: After the SolarWinds attack, supply chain security takes center stage. But don’t forget about ransomware and the ongoing attacks on new home branch offices.
Using a nearly 20-year-old file transfer product - what could go wrong? Among the many lessons to be learned from the Accellion File Transfer Appliance mess is this: Attackers will devote substantial resources to reverse-engineer hardware, software or a service if there's a financial upside.
In an eye-opening look at the cost burden of a ransomware attack, Universal Health Services reports that an incident last September had a $67 million economic impact - citing, for example, the need to divert patients to competing facilities for urgent care. But insurance may cover much of the cost.
The U.S. is in danger of falling behind China and Russia in developing artificial intelligence technologies and countering cybersecurity threats that could develop as AI use becomes more widespread, according to a newly released report from the National Security Commission on Artificial Intelligence.
A new malware loader dubbed "Gootloader" is using search engine optimization techniques to spread ransomware, Trojans and other malware, the security firm Sophos reports.
The cryptocurrency company Tether has refused to pay a ransom of 500 bitcoins ($24 million) after hackers threatened to leak sensitive data if the company failed to pay.
State-sponsored groups in China appear to be targeting India’s power supply by dropping malware into systems, according to online digital threat analysis company Recorded Future. The Indian government says it has taken steps to mitigate the risks.
Jamil Farshchi has been there. As CISO of Equifax, he knows what it’s like to be a victim of a high-profile cyberattack. And he knows breached companies have a choice: "Are they going to be a force for good by helping the rest of the industry learn from their experience?"
Prolific Ryuk ransomware has a new trick up its sleeve. "A Ryuk sample with worm-like capabilities - allowing it to spread automatically within networks it infects" was recently discovered during an incident response effort, warns CERT-FR, the French government's computer emergency response team.
Two Indian vaccine makers and an Oxford University lab are reportedly among the latest targets of hackers apparently seeking to steal COVID-19 research data.
A pair of U.S. House committees held their first public hearings into the SolarWinds attack, with lawmakers and witnesses offering support for expanding federal cybersecurity laws to address the security failures. This includes a larger role for CISA to conduct threat hunting.
Ransomware continues to sting numerous organizations, and the problem only seems to be getting worse. More than ever, the onus is on potential victims to ensure they have essential defenses in place - and if possible, to proactively hunt for attackers who may already be inside their network.
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