Police in Beijing have arrested 11 employees of a Chinese digital marketing agency on charges that they developed and distributed Fireball, malicious adware with 250 million global installations worldwide that reportedly generated $12 million, at least some of it via click fraud.
The ISMG Security Report leads with an analysis of when it would be appropriate for the United States and Russia to engage in cybersecurity negotiations. Also, how NotPetya malware attack victims continue to struggle weeks later.
Security comes to Las Vegas this week in the form of Black Hat USA 2017. Hot sessions range from an analysis of power grid malware and "cyber fear as a service" to details of two major hacker takedowns and how the world's two largest ransomware families cash out their attacks.
A British man named by authorities as "Daniel K." - aka "Spiderman" and "Peter Parker" - pleaded guilty in German court to infecting 1.25 million Deutsche Telekom routers with Mirai malware and causing more than $2 million in damage.
Medical transcription software vendor Nuance is the latest company to acknowledge that it's still struggling to recover from the recent global NotPetya ransomware attacks and will see a dip in its financial performance as a result.
It's boom time for the ransomware business as criminals continue to make easy cryptocurrency paydays via crypto-locking attacks. AlienVault's Javvad Malik and Chris Doman detail how crowdsourced threat intelligence can help in the fight against this threat.
Russian citizen Mark Vartanyan, aka "Kolypto," has been sentenced to serve five years in U.S. prison after he pleaded guilty to helping develop and distribute the notorious banking Trojan called Citadel.
Christopher Painter, who has advocated for diplomatic engagement with cyber friends and foes alike, is leaving his post as coordinator of cyber issues at the State Department, a job he has held since early 2011.
Package-delivery giant FedEx is warning that the global outbreak of NotPetya malware will "materially impact" profits; its TNT Express international delivery service continues to experience "widespread service delays" as it struggles to restore crypto-locked systems.
A discussion on the latest happenings in the darknet marketplace leads the latest edition of the ISMG Security Report. Also, getting to the bottom of Russia's Democratic Party hack could be the ultimate goal of a lawsuit filed against the Donald Trump presidential campaign.
The plaintiffs who are suing Donald Trump's presidential campaign for conspiring with Russia and WikiLeaks over disclosing their private information stolen from Democratic Party computers could declare a moral victory even if they lose their case. Could exposing the truth be their ultimate goal?
Federal authorities have charged 412 individuals allegedly responsible for $1.3 billion in billing fraud in a takedown that officials are calling the largest healthcare fraud enforcement action to date.
The world's largest darknet marketplace, AlphaBay, is offline following raids as part of a joint U.S., Canadian and Thai investigation. One of the site's alleged founders was found dead Wednesday in a Bangkok jail cell.
Leading the latest edition of the ISMG Security Report: a report on FBI Director-Designate Christopher Wray's admission that he faces a steep cybersecurity learning curve. Also, the U.S. government restricts use of Moscow-based Kaspersky Lab Software. Is that a smart move?