At a time when ransomware, zero-day vulnerabilities and supply chain threats are rampant, what is effective security? Snehal Antani, CEO of Horizon3.ai, defines it in today's context and describes how enterprises can achieve and maintain it.
Following an outage of the REvil - aka Sodinokibi - ransomware operation due to coordinated law enforcement efforts involving the U.S. and foreign partners, the operators behind DarkSide ransomware have moved bitcoin worth almost $7 million to multiple new wallets, making it more difficult to track.
CoinMarketCap says it has found no evidence of a data beach despite the circulation of a list of 3.1 million email addresses that correlates with accounts on its service. Regardless of the source, the list would be useful for attackers to launch phishing attacks against those interested in cryptocurrency.
With many countries opening up for tourists, the airline industry is seeing a rise in fraudulent credit card transactions, says Johan Waldeck, senior forensic investigator at Comair Limited, a leading South African airline company.
Two Senate leaders on Thursday introduced legislation that would form a working group charged with monitoring the security of AI data obtained by federal contractors. This body would also ensure that the data adequately protects national security and recognizes privacy rights, the lawmakers say.
Threat group FIN7 has set up a website posing as a security company to recruit talent, according to fraud intelligence company Gemini Advisory. The aim of the scam was to lure security researchers who could help the group with penetration testing-related activities to enable ransomware attacks.
Researchers at open-source software firm Sonatype have uncovered multiple malicious packages that disguise themselves as legitimate JavaScript libraries on npm registries to launch cryptominers on Windows, macOS and Linux machines.
The current state of the XDR market is a "chaotic jumble of different features," according to Forrester analyst Allie Mellon, who has authored a new study to identify the top XDR providers in the industry: The Forrester New Wave: Extended Detection And Response (XDR) Providers, Q4 2021.
In the latest weekly update, four ISMG editors discuss: a federal judge imposing the maximum sentences on a hacker who pleaded guilty to conspiracy and aggravated identity theft, regulators getting tougher on cryptocurrency lending platforms and the return to in-person roundtables.
The outages of the notorious REvil - aka Sodinokibi - ransomware operation have been due to a coordinated law enforcement effort involving the U.S. and foreign partners, aimed at disrupting the group's attack capabilities, Reuters reports.
It's often noted that some view cybersecurity as putting the brakes on business. But it's actually the opposite, says Wouter Veugelen, CISO of Oil Search Ltd. "Cybersecurity provides the guard rails for the business to be able to operate within," he says.
The U.S. Bureau of Industry and Security has issued an interim final rule to curb and control the export, reexport, or in-country transfer of certain offensive cyber tools that are used in surveillance of private citizens and other malicious activities that undermine the nation's security.
In a busy congressional day for cybersecurity legislation, the U.S. House of Representatives passed several bills on Wednesday, targeting both software supply chain and telecommunication system security. One observer describes them as "a win-win for the government and U.S. citizens."
When a business, government agency or other organization hit by ransomware opted to pay a ransom to its attacker in Q3, the average payment was $140,000, reports ransomware incident response firm Coveware. It says the attack landscape has seen some notable shifts since the Colonial Pipeline attack.
In a report published earlier this week, (ISC)² - the international non-profit association that certifies cybersecurity professionals - says minority security practitioners, including people of color and women, are underrepresented in the field and offers practical steps to address the issues.
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