Arrests made last week by European, U.S. and other law enforcement agencies appear to have led to the closure of the "Dream Market" dark web site, which, in turn, disrupted certain ransomware attacks, according to an analysis by incident response firm Coveware.
Malicious bot attacks now account for nearly one-third of all internet traffic, says Franklyn Jones of Cequence, who describes why conventional tools for fighting against these attacks are ineffective.
Microsoft is using its legal muscle to push back against an advanced persistent threat group that is says is "widely associated with Iranian hackers." Following court approval, it is taking control of 99 website domains allegedly used by the attackers as part of an ongoing spear-phishing campaign.
Distinguishing nation-state attacks from organized crime continues to grow more difficult because some attackers wear both hats, a Europol official reports. Further complicating the picture: Young attackers enjoy access to ever-more sophisticated and inexpensive tools and services.
The information security world has been beset by the emergence of multiple side-channel attacks, including Meltdown, Spectre and most recently Spoiler, that have proven difficult to fully fix, says Bill Conner, president and CEO of SonicWall.
A pair of U.S. chemical manufacturing companies have reportedly been struck by the LockerGoga ransomware over the past month and continue to recover from the same cyberattack that took down part of Aluminum giant Norsk Hydro last week.
Life after WannaCry and NotPetya: Europol, the EU's law enforcement intelligence agency, wants member states to be able to rapidly respond to the next big cyberattack against Europe. But with warnings of ongoing Russian election interference campaigns, the next big attack may already be underway.
The latest edition of the ISMG Security Report discusses the recent ransomware attack on aluminum giant, Norsk Hydro. Plus, confessions of a former LulzSec and Anonymous hacktivist, and the growing problem of cyber extortion.
Aluminum giant Norsk Hydro has been hit by LockerGoga ransomware, which was apparently distributed to endpoints by hackers using the company's own Active Directory services against it. To help safeguard others, security experts have called on Hydro to release precise details of how it was hit.
As a former elected official, Kristin Judge saw first-hand the lack of resources for victims of cybercrime. And so she launched the Cybercrime Support Network, which serves small businesses and consumers.
Web hosting firm XBT/Webzilla's infrastructure was used to attack the U.S. Democratic Party and for 2016 election interference, a former National Security Council official said in a court report filed as part of a since-dismissed defamation lawsuit over the Steele dossier's release.
North Korea's cybercrime capabilities have given the country the ability to flaunt international sanctions by allowing the regime to steal millions in currency not only from banks but also from cryptocurrency exchanges, according to a report from the United Nation's Security Council.