Two Senate leaders on Thursday introduced legislation that would form a working group charged with monitoring the security of AI data obtained by federal contractors. This body would also ensure that the data adequately protects national security and recognizes privacy rights, the lawmakers say.
Threat group FIN7 has set up a website posing as a security company to recruit talent, according to fraud intelligence company Gemini Advisory. The aim of the scam was to lure security researchers who could help the group with penetration testing-related activities to enable ransomware attacks.
In the latest weekly update, four ISMG editors discuss: a federal judge imposing the maximum sentences on a hacker who pleaded guilty to conspiracy and aggravated identity theft, regulators getting tougher on cryptocurrency lending platforms and the return to in-person roundtables.
The outages of the notorious REvil - aka Sodinokibi - ransomware operation have been due to a coordinated law enforcement effort involving the U.S. and foreign partners, aimed at disrupting the group's attack capabilities, Reuters reports.
The latest edition of the ISMG Security Report features an analysis of whether businesses are stepping up their ransomware defenses in response to several warnings released by the U.S. and U.K. governments highlighting the threat posed to infrastructure. Also featured are the Thingiverse data breach and airline fraud...
Disturbing findings from a recent study examining the impact of ransomware attacks on patient care must serve as a wake-up call for the healthcare sector to intensify its preparedness to deal with such incidents, say Larry Ponemon of research firm Ponemon Institute and Ed Gaudet of risk management firm Censinet. The...
In a busy congressional day for cybersecurity legislation, the U.S. House of Representatives passed several bills on Wednesday, targeting both software supply chain and telecommunication system security. One observer describes them as "a win-win for the government and U.S. citizens."
Researchers at Kaspersky report that Lyceum group, known for targeting organizations in the energy and telecommunications sectors across the Middle East, has attacked two entities in Tunisia with an updated malware arsenal.
When a business, government agency or other organization hit by ransomware opted to pay a ransom to its attacker in Q3, the average payment was $140,000, reports ransomware incident response firm Coveware. It says the attack landscape has seen some notable shifts since the Colonial Pipeline attack.
Four extradited Eastern European men have pleaded guilty in U.S. court to one count of conspiring to serve as administrators of a bulletproof hosting service that facilitated online attacks using the Zeus, SpyEye and Citadel Trojans and the Blackhole exploit kit, says the U.S. Department of Justice.
A cybercriminal known as cfk on popular hacking forums and @AnibalLeaks on Twitter claims to have stolen a database consisting of 45 million records of Argentina's National Registry of Persons, or ReNaPer. The government denies that there has been unauthorized entry into its systems.
A top leader of the U.S. Cybersecurity and Infrastructure Security Agency has voiced support for a 24-hour timeline for cyber incident reporting involving critical infrastructure, signaling a push by the Biden administration to implement a rapid mechanism for federal response.
Researchers at Zscaler say that malware is often prone to bugs and coding errors that can cause it to crash or serve as a backdoor for defenders to undo the damage it might have caused. They suggest defenders proactively use malware bugs to stop them from spreading and infecting the system.
Is there any bigger cybercrime soap opera than the life and times of ransomware operators? Take the REvil, aka Sodinokibi, ransomware-as-a-service operation, which feels like it's disappeared and reappeared more times than the secret, identical twin of the protagonist in your favorite melodrama.
Researchers at cybersecurity firm Trend Micro have observed the adoption of a new franchise-based business model by ransomware operators that moves away from the traditional ransomware-as-a-service model. Operators now rebrand a "supplier" ransomware before deployment.
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