Six suspects have been arrested as part of a 14-month international police probe into the theft of at least $28 million worth of bitcoin cryptocurrency from more than 4,000 victims in at least 12 countries. Investigators say attackers appear to have "typosquatted" legitimate bitcoin exchange sites.
Cloudflare was unsparing in its criticism of Verizon over a BGP snafu that hampered 15 percent of its global traffic, as well as traffic of Amazon and Google. Verizon's error underscores that much heavy lifting remains to make critical internet infrastructure secure.
Attackers - likely operating from China - have been surreptitiously hacking into global telecommunications providers' networks to quietly steal metadata and track subscribers - and those with whom they communicate - as part of an ongoing cyber espionage operation, warns security firm Cybereason.
More organizations are deploying single sign-on mechanisms when they move to software-as-a-service applications to help enhance authentication and control access, says Moshe Ferber, chairman of the Israeli chapter of the Cloud Security Alliance.
Iran is increasing its malicious cyber activity against the U.S, which could manifest in attacks that render computers unusable, a top U.S. cybersecurity official says. The warning comes after the U.S. reportedly targeted Iranian computer systems in response to the downing of a surveillance drone.
Hackers have repeatedly stolen valuable data - including launch codes and flight trajectories for spacecraft - from NASA's Jet Propulsion Laboratory in recent years, according to a new inspector general audit, which describes weak security practices.
The early days of email attacks - so much noise in the form of malware, spam and links - have given way to attacks that often rely on little more than words, and email gateways often struggle to arrest social engineering ploys, says Michael Flouton of Barracuda Networks.
Many cybersecurity tools are designed to block or allow specific activities based on prescribed rules, but with insider breaches continuing, enterprise protection also requires real-time reaction to actual user behavior, says Carl Leonard of Forcepoint.
The city of Riviera Beach, Florida, has agreed to pay hackers about $600,000 in bitcoin to end a ransomware attack that crippled the city's IT infrastructure for nearly a month. In another recent incident, Baltimore refused to pay a ransom after an attack and faces $18 million in recovery costs so far.
Bad news for anyone who might have hoped that the data breach problem was getting better. "Anecdotally, it just feels like we're seeing a massive increase recently," says Troy Hunt, the creator of the free "Have I Been Pwned?" breach-notification service. Unfortunately, he says, the problem is likely to worsen.
A group of 22 state attorneys general, mainly from Democratic-leaning states, are demanding Congress offer local officials more support - including grants and equipment standards - to improve election infrastructure security in the run-up to the 2020 presidential contest.
The parent company of American Medical Collection Agency has filed for bankruptcy in the wake of a data breach affecting millions of patients. The filing provides an inside look at the "cascade of events" and financial havoc wreaked by a security incident.