The U.S. has indicted four Chinese nationals working with the nation's Ministry of State Security in connection with an alleged hacking campaign conducted from 2011 to 2018 that targeted universities and government entities to obtain trade secrets, medical research and other intellectual property.
A leak of 50,000 telephone numbers and email addresses led to the "Pegasus Project," a global media consortium's research effort that discovered how Pegasus spyware developed by NSO Group is being used in the wild.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the challenges ahead for the new director of the U.S. Cybersecurity and Infrastructure Security Agency and vendor security risk management in the healthcare sector.
The gang behind the ransomware strain known as Mespinoza, aka PYSA, is targeting manufacturers, schools and others, mainly in the U.S. and U.K., demanding ransom payments as high as $1.6 million, according to Palo Alto Networks' Unit 42, which says the group leverages open-source tools.
Security software firm NortonLifeLock says it is in "advanced discussions" to acquire Avast, a rival security firm known for its freemium antivirus software. NortonLifeLock was formerly Symantec's consumer-focused business.
A cybercrime forum seller advertised "a full dump of the popular DDoS-Guard online service" for sale, but the distributed denial-of-service defense provider, which has a history of defending notorious sites, has dismissed any claim it's been breached. What's the potential risk to its users?
Some security experts are questioning the findings of a recent report by the International Institute for Strategic Studies, a London-based think tank, that concludes China is 10 years behind the United States in "cyber capacity."
As the Biden administration attempts to force Russia to crack down on its domestic cybercriminals, one challenge will be the sheer diversity of attack code being wielded and individuals involved. Another is that any proactive moves Moscow makes would likely require many months to take effect.
Software developer Kaseya has released patches for its remote monitoring software, which had been exploited by REvil ransomware attackers to infect up to 60 MSPs and 1,500 of their clients. The patches mitigate the final three vulnerabilities out of seven that researchers reported to Kaseya in early April.
A 30-year-old Greek national has been indicted on charges of selling insider trading tips and other proprietary financial data on darknet sites. Apostolos "The Bull" Trovias faces securities fraud and money laundering charges.
Microsoft announced Monday a definitive agreement to buy RiskIQ, an attack surface management and threat intelligence firm. Last month, Microsoft acquired the firmware analysis company ReFirm Labs.
Spammers posing as software vendor Kaseya are waging a malspam campaign to target users of the company's VSA remote IT management software that was hit by a ransomware attack, the security firm Malwarebytes reports.
To crack down on insider fraud, organizations should consider using artificial intelligence, machine learning, data analytics, data visualization software, predictive modelling and social network analysis, says Roger Darvall-Stevens, a fraud and forensic services expert at the consultancy RSM Australia.
As ransomware attacks become more prolific, their success is being driven by the increasing use of specialists who can refine every stage of an attack. It's a reminder that the goal of cybercrime remains to maximize illicit profits as easily and quickly as possible.
Cue delays for customers of Kaseya waiting for their software-as-a-service and on-premises software to get emergency fixes and be restored, following the July 4 holiday weekend ransomware attack, which hit about 60 IT managed service provider customers and up to 1,500 of their collective managed service clients.
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