Eset researchers discovered the first in-the-wild bootkit malware, BlackLotus, bypassing security and booting up on fully up-to-date Windows 11 systems. Researchers found the Unified Extensible Firmware Interface bootkit in 2022, being sold on hacking forums for $5,000.
In the latest weekly update, four ISMG editors share highlights of ISMG's upcoming Engage Toronto event and discuss how the U.S. Supreme Court may undercut the identity theft statute and how - despite tough economic times - vendor Wiz boosted its valuation by $4 billion in 16 months.
Threat actors actively targeting multinational clients of data center outsourcers and help desk providers in China and Singapore are posting stolen credentials for sale on data leak sites, and cybersecurity firm Resecurity says these actions could be part of a nation-state cyberespionage campaign.
The Biden administration, in its new national cybersecurity strategy, is doubling down on its efforts to combat ransomware, in part by designating it as a national security problem. Experts say this puts more "instruments of national power" - including military options - at the president's disposal.
A Georgia man who is the chief operating officer of a network security firm can't escape criminal charges related to a 2018 cyberattack against a local medical center. Vikas Singla faces 18 charges of illegal hacking, including 15 charges for disrupting a Lexmark printer network.
In this week's roundup: an incident affecting News Corp and ransomware at Dish Network, Washington's Pierce Transit and the U.S. Marshals Service. Also: a DDoS attack on Danish hospitals from a threat actor that isn't what it claims and a bit of good news about a ransomware decryptor.
The Biden administration has unveiled its new national cybersecurity strategy, detailing top challenges facing the U.S. and plans for addressing them. Goals include minimum security requirements for critical infrastructure sector organizations and liability for poor software development practices.
Security researchers uncovered an investment scam network that draws on an online infrastructure of hundreds of hosts and thousands of domains to target primarily Indian victims by impersonating Fortune 100 companies. Most payment amounts defaulted to Indian rupees.
As U.S. prosecutors continue to probe collapsed cryptocurrency exchange FTX, Nishad Singh, the former head of engineering, has pleaded guilty to multiple criminal charges and agreed to assist prosecutors with their case against founder Sam Bankman-Fried, accused of orchestrating billions in fraud.
Faster payment technology has been around for years, but fraud continues to dominate the conversation, says Reed Luhtanen of the U.S. Faster Payments Council. Luhtanen says all payment systems have a fraud problem, and firms will be able to curb faster payment fraud with more experience and data.
With signs pointing to a global economic downturn, cybersecurity organizations are already thinking about managing budgets and doing more than less. Four CISOs share a wide range of belt-tightening tips, from putting the squeeze on your vendors and suppliers to training and hiring from within.
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