In the latest weekly update, four Information Security Media Group editors discuss key cybersecurity issues, including the high cost of BEC scams, a Cuba ransomware gang's attack on Montenegro, and why so many hacktivists couldn't overcome the technical ennui of the Russia-Ukraine cyberwar.
Christopher Hamilton, an alleged participant in the multi-billion OneCoin cryptocurrency scheme, faces extradition to the United States from Great Britain. The scheme was allegedly headed by "Cryptoqueen" Ruja Ignatova, who is on the run from law enforcement.
The latest edition of the ISMG Security Report explores the possible unintended consequences of banning ransom payments, the challenges of opening a cyber intel firm during wartime, and the need for more clarity in the regulation of cryptocurrency firms.
No secret: Public cloud provides the technical catalyst to the healthcare industry’s modernization and the keys to the kingdom in terms of globalization. The resulting access to usable swaths of data is invaluable - and high-risk. ClearDATA's Chris Bowen weighs in on mitigating the risks.
Ransomware gets the headlines, and phishing sets off the most alerts, but business email compromise costs enterprises the most - more than $43 billion since 2016. U.S. Secret Service agents Stephen Dougherty and Michael Johns discuss the criticality of rapid detection and response.
The Russian digital streaming platform Start acknowledged a data breach but downplayed its severity and said the vulnerability has been fixed. A Russian-language Telegram channel that monitors the dark web says it has published information on nearly 44 million customers.
Chinese intelligence is conducting cyberespionage campaigns targeting corporations involved with energy extraction in the South China Sea, researchers say. Proofpoint and PwC conclude with moderate confidence the campaign is the work of the threat actor known as TA423 or Red Ladon.
Alex Holden, CISO and founder of the cyber intelligence company Hold Security, was preparing to open an office in Ukraine when Russia invaded in February. He went ahead with his plan anyway. In this video interview with Information Security Media Group, he tells why he did it.
Identity and access management giant Okta says some customer data was exposed by the "relentless phishing campaign" that breached Twilio, which it uses to provide some SMS services. Twilio says attackers accessed data for 163 customer organizations.
As ransomware continues to pummel organizations left, right and center, two states have responded by banning certain types of ransom payments, and more look set to soon follow suit. But experts warn such bans could have "terrible consequences," leading to costlier and more complicated recovery.
Food delivery firm DoorDash says its customers and employees have been impacted by the phishing attack on its third-party service provider. DoorDash says it experienced "unusual and suspicious activity" on its third-party vendor's computer network that was a victim of a phishing campaign.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including implications of the Russia-Ukraine cyberwar, the former CISA director’s somber message to the industry at Black Hat, and how the cryptocurrency landscape is changing.
An ongoing phishing campaign has compromised Twilio, Mailchimp and about 130 other organizations by using a lookalike Okta login page to trick employees into divulging their password and multi-factor authentication code. Researchers have traced the attacks to a 22-year-old suspect in North Carolina.
Ransomware karma: The notorious LockBit 3.0 ransomware gang's site has been disrupted via a days-long distributed-denial-of-service attack, with administrator LockBitSupp reporting that it appears to be retribution for the gang leaking files stolen from a recent victim: security firm Entrust.
Implementation of security service edge technology has progressed over the past six months from early adopters to mainstream organizations, with requests for proposals around SSE projects now carrying tight deadlines rather than no deadline at all, says iboss co-founder and CEO Paul Martini.
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