As a veteran CISO who enjoys the startup culture and energy, Aleksandr Zhuk of crypto broker sFOX likens himself to the first family doctor coming to a growing village. He's addressing an important need that certainly existed prior, but was overlooked or maybe outsourced.
North Korea's Lazarus Group was behind the $100 million theft from the Horizon blockchain bridge, the U.S. federal government confirmed. The FBI vowed "to expose and combat North Korea's use of illicit activities - including cybercrime and virtual currency theft - to generate revenue."
Forescout will have its fourth CEO since September 2020. It tapped former Malwarebytes COO and MobileIron CEO Barry Mainz to take over as its top leader. The company brought in Mainz to replace Wael Mohamed, who started as Forescout's CEO in March 2021 and announced his departure in October 2022.
Serial entrepreneur Arvind Parthasarathi has started the company Cygnvs, which streamlines and secures communication between internal and external stakeholders after a cyberattack. Cygnvs emerged from stealth with 90 employees, 1,000 customers, $55 million of funding and a generally available tool.
The need to implement zero trust at scale is growing ever more critical. In this video interview with Information Security Media Group, subject matter experts Srinivas Tummalapenta of IBM and Justin Douglas of Palo Alto discuss the guiding principles of scaling zero trust.
Android malware highlighted by Dutch cybersecurity firm ThreatFabric shows the line between a banking Trojan and advanced spyware. The Trojan, dubbed Hook, can take a screenshot, simulate clicks and input swipe gesture commands. It can also take control of WhatsApp.
An electronic health records vendor and a pharmacy management services firm are purportedly among the latest healthcare sector victims of ransomware-as-a-service group BlackCat, also known as Alphv. NextGen Healthcare and PharmaCare Services appeared on BlackCat's leak site late last week.
Spanish authorities arrested three senior executives of the now-defunct cryptocurrency exchange platform Bitzlato, Europol announced. The crime coordination agency says about 46% of the assets exchanged through Bitzlato, worth roughly 1 billion euros, were linked to criminal activities.
Australia started operating an international ransomware task force to facilitate information sharing and best practices worldwide. “Recent cyber incidents in Australia and around the globe are a stark reminder of the insidious nature of ransomware," said Minister for Home Affairs Clare O'Neil.
Nation-state attackers are not just looking for major vulnerabilities to gain control of the enterprise. They are exploiting minor flaws to gain access and increase the severity of their attacks, says Matanda Doss, executive director of cybersecurity and technology controls at JPMorgan Chase.
Cybersecurity researchers say a Chinese for-profit threat group tracked as 8220 Gang is targeting cloud providers and poorly secured applications with a custom-built crypto miner and IRC bot. The malware can slow system performance, drive up costs and expose systems to security risks.
Optiv has gone beyond examining log data and classic managed security services work to pursue threats across a broader swath of structured and unstructured data. The company has focused on finding threats outside of a log environment by examining system-to-system interfaces and transactional data.
In the latest weekly update, ISMG editors discuss why being a CISO is like being the first family doctor in a small village, why you can't trust ransomware gangs such as LockBit, and why cloud security vendor Netskope took on $401 million in debt from Morgan Stanley to fuel its SASE offering.
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