The latest edition of the ISMG Security Report analyzes the ransomware attack on Texas municipalities as part of a broader trend. Also featured: An initiative designed to safeguard the 2020 presidential elections and a CIO's third-party risk management efforts.
Cybercrime marketplaces Genesis and Richlogs are helping fraudsters to better impersonate legitimate users of banks, eBay, Amazon, Netflix and more by providing them with victims' legitimate "digital fingerprints" and replay tools designed to fool anti-fraud defenses.
"Silence," a Russian-speaking criminal group that has stolen $4.2 million from ATMs and financial institutions since 2016, has become more active this year, using new tools and tactics in its attacks and expanding its reach globally, according to the security firm Group-IB.
The World Economic Forum recently identified "cyberattacks and data integrity concerns crippling large parts of the internet" as one of the top 10 global risks. Jaime Chanaga of NTT talks about the significance of that announcement and the concerns global security leaders face headed into 2020.
State officials in Texas say that at least 23 local government entities have fallen victim to a coordinated ransomware attack unleashed on Friday morning. Security experts say attackers continue to pummel local governments, and illicit profits have been rising.
A newly identified phishing campaign used Google Drive to help bypass some email security features as attackers attempted to target a company in the energy industry, security firm Cofense reported this week.
Paige A. Thompson, who's been arrested on a charge of hacking into Capital One's network and taking the personal and financial data of 106 million individuals, is also suspected of stealing information from over 30 other organizations, according to new court documents.
The group behind the Cloud Atlas cyber espionage campaigns, which were first detected five years ago, is now deploying polymorphic techniques designed to avoid monitoring and detection, according to researchers at Kaspersky Lab.
Choice Hotels says about 700,000 guest records were exposed after one of its vendors copied data from its systems. Fraudsters discovered the unsecured database and tried to hold the hotel chain to ransom, which it ignored.
Apple is opening up its bug bounty program to all researchers, increasing the rewards and expanding the scope of qualifying products in a bid to attract tips on critical software flaws. The changes were announced at last week's Black Hat security conference in Las Vegas.
Some members of a hacking group with ties to China's government that's primarily known for its complex cyberespionage campaigns have developed a side business targeting the global gaming industry for financial gain, the security firm FireEye says.
A new variant of the Ursnif Trojan is targeting vulnerable systems in an attempt to steal banking passwords and other credentials. The malware is spreading through infected Microsoft Word documents, and it has the ability to evade advanced security filters, according to security researchers at Fortinet.