Why has the cybercriminal underground put so much effort toward the professionalization of ransomware? Simply put, they are making tons of money from it.
The Emotet botnet, which was hampered by law enforcement actions earlier this year, is making a comeback. The resurgence appears to be due to help from old friends: cybercriminals running the Trickbot botnet. Unfortunatel,y the development may fuel more ransomware attacks.
The U.S. and Israel will expand their diplomatic relationship around cybersecurity, announcing a bilateral task force this week that will support cybersecurity and fintech innovation. The news follows recent action by the U.S. Department of Commerce to blacklist Israeli spyware firm NSO Group.
Dutch police have detained Moscow businessman Denis Dubnikov after the U.S. accused him of receiving bitcoins worth $400,000 paid to Ryuk as ransoms by its victims. The U.S. is seeking to extradite the suspect, as the Biden administration's crackdown on ransomware continues.
In this webinar, learn more about what has been at the center of virtually every major attack and what cybersecurity teams need to do differently to stop attackers.
The top cybercrime threats facing organizations in Europe and beyond include ransomware affiliate programs, more sophisticated mobile malware and cryptocurrency-hawking investment fraud, among other types of crime, according to Europol's latest Internet Organized Crime Threat Assessment.
The latest edition of the ISMG Security Report features an analysis of the progress made by law enforcement agencies in the effort to crack down on ransomware. Also featured: Evil Corp banking malware still active; XDR market trends.
A penetration testing company discovered a critical zero-day vulnerability in Palo Alto Networks' GlobalProtect VPN product but did not inform the company until about 11 months later. The situation stirred debate over whether that posed unnecessary risks.
The U.S. has joined an 80-nation agreement that sets collective goals for cyberspace, with a particular focus on internet integrity, electoral security, intellectual property theft, use of malign hacking tools and more. Vice President Kamala Harris confirmed U.S. entry into the multistate pact.
CyberEdBoad excutive member Alan Ng of China Taiping Insurance, Singapore, explains the enterprise risk management strategy for the pandemic era and how the Distributed, Immutable and Ephemeral triad works with the Confidentiality, Integrity and Availability triad to make organizations more secure.
A criminal hack attack has disrupted healthcare in Canada's easternmost province and resulted in the theft of patient information and personal details for healthcare employees. The province of Newfoundland and Labrador disclosed the apparent ransomware attack on Oct. 30, and has yet to restore all systems.
Before cybercriminals shifted heavily into ransomware, there was banking malware: sophisticated programs designed collect login credentials and intervene in transactions. A campaign using the Dridex banking Trojan has appeared in Mexico, says Metabase Q, a security company.
The U.S. Department of the Treasury has blacklisted cryptocurrency exchange Chatex, along with a network of entities the department says support it, for allegedly facilitating ransomware-related financial transactions. This action effectively bars Americans from doing business with the company.
A new initial access broker, Zebra2104, has been providing entry points to ransomware groups such as MountLocker and Phobos, as well as espionage-related advanced persistent threat group StrongPity, according to a new report. This process saves other threat actors time, effort and expense.
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