Singaporean cryptocurrency exchange Crypto.com confirms that its platform fell victim to a multimillion-dollar cyberattack. In a postmortem entry on its site, Crypto.com says unauthorized withdrawals targeted Ethereum and Bitcoin of 483 users. Associated losses were near $34 million.
The latest edition of the ISMG Security Report features an analysis of whether the cyberattacks that hit Ukraine's government agencies last week are attributable to any group or nation-state along with updates to the cybersecurity executive order and illicit cryptocurrency trends.
Michael Lines is working with ISMG to promote awareness of the need for cyber risk management. As a part of that initiative, CyberEdBoard posts draft chapters from his upcoming book, "Heuristic Risk Management: Be Aware, Get Prepared, Defend Yourself." This chapter is "Recognize the Threats."
New developments have emerged in the case of the Israel Police allegedly using the flagship spyware of NSO Group, Pegasus, on its own citizens, with reported targets including critics of former Prime Minister Benjamin Netanyahu, among others. Following a bombshell local report, high-ranking Israeli officials have...
More information continues to emerge about the destructive malware attack that targeted Ukrainian government systems last week. As a probe continues, numerous questions about the incident remain unanswered. But the three-stage wiper attack, disguised as ransomware, apparently hit few systems.
Data on more than 515,000 "highly vulnerable people" has been compromised as the result of a supply chain cyberattack, the International Committee of the Red Cross has disclosed. The organization's humanitarian activities are already being impacted.
In a span of just days, two prominent congressmen who have long advanced cybersecurity at the federal level announced that they will not be seeking reelection in 2022. Reps. Jim Langevin, D-R.I., and John Katko, R-N.Y., will, however, pursue a cyber agenda throughout the remainder of their terms.
Attackers have been actively targeting Log4j vulnerabilities, or Log4Shell, vulnerabilities in the servers of virtualization solution VMware Horizon to establish persistent access via web shells, according to an alert by the U.K. National Health Service.
OpenSubtitles, a website providing free movie subtitles, confirmed to its users today that it had been hacked last August and the hacker had demanded a ransom to remain silent about the attack and to delete the leaked data. This data breach affected 6,783,158 users.
VPN Lab, known for its alleged wide use by ransomware threat actors, has been shut down. Fifteen servers associated with VPNLab.net were seized or disrupted based on multiple international investigations tying the VPN service provider to cybercrime operations, according to Europol.
JPMorgan Chase will earmark $12 billion for technological updates - including cloud migration, upgrading legacy architecture, data strategy, and emerging technologies. About half of this budget will go toward security modernization, while the other half will be invested into digital innovation.
Ransomware group ShinyHunters has published 700 GB of data stolen from Indian firm Aditya Birla Fashion and Retail on a dark web forum, says Troy Hunt of Have I Been Pwned. A source at the retailer, however, says that its threat intrusion and detection solutions have not shown signs of an attack.
Because healthcare IT environments are so complicated, it will become essential for all suppliers to provide and maintain a software bill of materials for their products to remain relevant, says Curt Miller of the Healthcare Supply Chain Association.
People are leaving their jobs in droves during "The Great Resignation," and the cybersecurity industry is not immune to the trend. Mike Hamilton, the former CISO for the city of Seattle, warns organizations about the opportunities this presents for cybercriminals and outlines how employers can work to retain talent....