Casey Ellis, founder and CTO of Bugcrowd, shares insights from the company's annual report, Inside the Mind of a Hacker 2021, which reveals that 8 out of 10 ethical hackers recently identified a vulnerability they had never seen before.
Good news on the breach prevention and incident response front: More businesses are getting more mature practices in place, although as attackers continue to improve their efforts, so too must defenders, says incident response expert Rocco Grillo of consultancy Alvarez & Marsal.
The FBI warns that the "Cuba" ransomware-wielding attackers have extorted $43.9 million in ransom payments from victims after compromising at least 49 organizations across five critical infrastructure sectors - financial services, government, healthcare, manufacturing and IT - since early November.
The U.S. Transportation Security Administration has issued new security directives for higher-risk freight railroads, passenger rail, and rail transit that it says will strengthen cybersecurity across the transportation sector in response to growing threats to critical infrastructure.
A former employee of a New York-based technology company, likely to be IoT technology company Ubiquiti, has been arrested for stealing confidential data and extorting his employer for nearly $2 million. If convicted, the suspect faces up to 37 years in prison.
Many ransomware-wielding attackers continue to rely on initial access brokers to easily gain deep access to victims' systems, allowing them to steal data and attempt to pressure victims into paying via data leak sites. Researchers say that the number of victims being listed on such sites has surged.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the FBI has seized bitcoins from an alleged REvil ransomware affiliate, how to mitigate risks from BIN attacks and the latest COVID-19 trends globally.
The latest edition of the ISMG Security Report features an analysis of best practices for negotiating a ransom payment. Also featured: Busting Zero Trust myths and the dangers of mythologizing defenders.
A new variant of the Aberebot banking Trojan has been discovered by Cyble's researchers. Christened Aberebot-2.0, the latest malware version not only uses more advanced spying capabilities, it also has increased its target list to 213 banking apps and nine crypto wallets in 22 countries.
A recently discovered botnet is infecting thousands of AT&T internet subscribers in the U.S., using a critical-severity blind command injection flaw first reported in 2017, according to new findings from China-based cybersecurity researchers.
Unidentified threat actors are using fake cryptocurrency-related websites to distribute the SpyAgent malware, which abuses legitimate remote access tools. They have targeted a legitimate Russian remote access tool called Safib Assistant, Trend Micro researchers note.
The FBI has seized 39.9 bitcoins worth $2.3 million from an alleged affiliate of the notorious REvil - aka Sodinokibi - ransomware group. A forfeiture notice filed by the government accuses Russian national Aleksandr Sikerin of having amassed the cryptocurrency via victims' ransom payments.
Speaking about his role as managing director, business information security, at financial giant State Street, TJ Hart says, "I wake up nervous, and I go to bed nervous." But he channels that energy into trying to better understand the threat landscape and use that data to make better business risk decisions.
With all of the high-profile ransomware strikes noted in 2021 - and some that eluded the headlines as well - lessons can be drawn about points of infection and how to improve ransomware detection and response, says Dave Russell of Veeam Software.
Following the holiday recess, U.S. lawmakers are picking up several legislative priorities starting Monday, including progress on the annual defense spending bill, which contains amendments that would require incident reporting for critical infrastructure providers, among other measures.