VMware's Tom Kellermann is out with Modern Bank Heists 5.0, his latest look at the attackers and attacks targeting financial services. Subtitled "The Escalation," this report looks at the increase in destructive attacks, ransomware and hits on cryptocurrency exchanges. Kellermann shares insights.
Hours after global cryptocurrency exchange Currency.com announced it was halting operations in Russia, it faced - and thwarted - a distributed denial-of-service attack. The company's founder, Viktor Prokopenya, says the firm's "servers, systems and client data remained intact and uncompromised."
During its January cyberattack, Lapsus$ accessed tenants and viewed applications such as Slack and Jira for only two Okta customers. The threat actor actively controlled a single workstation used by a Sitel support engineer for 25 consecutive minutes on Jan. 21, according to a forensic report.
Leon Ravenna, CISO of KAR Global, starts each day on the job with the expectation that this could be his last. That's how urgent cybersecurity has become, and it's in part why he's driven to dispatch the image of the CISO as the bureaucratic "Dr. No."
The Conti ransomware gang has claimed responsibility for the March 31 cyberattack on German wind turbine manufacturer Nordex, which was forced to turn off its IT systems at multiple locations across several business units. The Russia-linked threat group has added Nordex as a victim on its leak site.
Expectations for AML Responsible Officers and their operational teams are increasing in response to the combination of new techniques for money laundering, organised crime, geopolitical issues and new actors. To meet these increased expectations, operational resilience and sustainability using intelligent analytics...
A surprising improvement in loss ratios for cyber insurance providers in 2021 means the rapid rise in premiums might at last subside later this year. The loss ratio declined for the first time since 2018 despite the frequency and severity of claims filed for cyberattacks increasing again in 2021.
New legislation mandating cyber incident reporting for critical infrastructure providers within 72 hours, and the reporting of ransom payments within 24 hours, is "groundbreaking," says former National Security Agency deputy commander Tim Kosiba, CEO of security firm bracket f.
Researchers discovered a new social engineering-heavy malware campaign focused on defrauding employees in West Africa's banking sector. Although this campaign is not exactly new, it shows a detailed account of what social engineering looks like, according to cybersecurity veteran Tari Schreider.
Microsoft says it has seized control of 65 domains that the ZLoader gang has been using to grow, control and communicate with its botnet. ZLoader, a descendant of the ubiquitous Zeus banking malware, is run by a global, internet-based, organized crime gang operating malware as a service.
U.S. government agencies, including the Department of Energy, CISA, the NSA and the FBI issued a joint cybersecurity advisory about advanced persistent threat actors using new tools and malwares to target industrial control systems and supervisory control and data acquisition devices.
Accenture's new ransomware report reveals key challenges in executing an effective communications plan. Robert Boyce, managing director of global cyber response, discusses why existing recovery strategies aren't enough and offers practical steps for managing a ransomware response.
The latest edition of the ISMG Security Report analyzes the latest cyberthreats to the energy sector as Russia's invasion of Ukraine continues. It also examines best practices for Customer Identity and Access Management and how healthcare institutions can sharpen their defense strategies.
As organizations are adapting to rapid increases in digital transformation and the use of cryptocurrency, which has revolutionized how payments, investments, and banking are done, this means fraudsters are even more hard at work to exploit weaknesses.
The cryptocurrency landscape operates under increased risk of...
A yearlong joint operation by law enforcement agencies across several countries led to the shuttering of darknet marketplace RaidForums and the seizure of three domains hosting the website. Its 21-year-old alleged founder and two unidentified co-conspirators have also been arrested.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing cuinfosecurity.com, you agree to our use of cookies.