Russian authorities have charged eight individuals with crimes tied to the REvil ransomware operation, after raiding 25 properties and detaining 14 suspects, thanks in part to U.S.-shared intelligence. The White House says one of the suspects was also responsible for last year's attack on Colonial Pipeline.
Risk management is essential to the existence of every business. It requires organizations to consider which risks they can accept and which risks they can mitigate. But the problem with risk acceptance is that attackers are "actively looking for risks that you haven't mitigated that they're able to exploit," says...
With 16% of U.S. citizens using a cryptocurrency trading platform, OCC acting Chief Michael Hsu urges collaborative efforts to pass cryptocurrency regulations, which he says could lead to greater innovation in the space.
More than a year after the December 2020 cyberattack on Accellion's File Transfer Appliance, the company has agreed to an $ 8.1 million settlement to resolve a class action against it following the data exposure that resulted in the theft of both consumer and patient data.
The FCC is considering changes to its breach notification requirements for telecommunication companies. FCC Chairwoman Jessica Rosenworcel confirmed in a statement this week that the agency is strengthening its rules for both customer and federal law enforcement notification of breaches involving customer proprietary...
North Korean cybercriminals escalated their illicit campaigns throughout 2021, frequently carrying out crypto hacks to siphon funds, launder gains and cash out using a decentralized exchange. New data from Chainalysis says North Korean hackers lifted nearly $400 million in cryptoassets last year.
A family medical practice is notifying nearly 200,000 individuals that their information was compromised in a 2020 ransomware attack on cloud hosting vendor Netgain Technology, an incident that also affected several of the vendor's other clients and hundreds of thousands of their patients.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the importance of incident repose planning; the worldwide impact of the LOg4j flaw, which may lead to 2022 being the year of the SBOM; and the increasingly blurred line between conventional...
Mozilla has released its latest Firefox browser version 96 with a host of new features and improvements for both desktop and mobile browsing. Mozilla has also fixed 18 security vulnerabilities, including 9 high-severity issues and 9 other medium- or low-severity flaws.
Russian authorities have arrested 14 individuals suspected of being part of the notorious REvil, aka Sodinokibi, ransomware operation. Russia's Federal Security Agency, the FSB, said it used intelligence provided by the U.S. to help identify the suspects.
Multiple government sites in Ukraine, as well as Swedish, U.K. and U.S. embassy websites, have been defaced with warnings to "be afraid and expect the worst." The defacements occurred after a week of "intensive" but unresolved talks between NATO and Russia, which continues to mass troops on Ukraine's border.
A new Lazarus-linked APT threat known as BlueNoroff has emerged and is actively targeting cryptocurrency startups in a campaign called "SnatchCrypto." Research by Kaspersky found that more than 15 venture businesses and their employees have fallen victim to the nation-state threat actors.
The latest edition of the ISMG Security Report features an analysis of how attackers are distributing Night Sky crypto-locking malware to exploit Log4j vulnerabilities, lessons learned from Log4j and a security flaw that affects some Tesla-built vehicles.