Ilya "Dutch" Lichtenstein, 35, confessed in U.S. federal court to hacking billions of dollars from virtual currency exchange Bitfinex and laundering stolen funds with his 33-year-old wife, Heather Morgan. Lichtenstein pleaded guilty to conspiracy to commit money laundering.
New CEO Scott Harrell wants Infoblox to evolve from classic networking DNS management to bringing networking and security together in ways that optimize protection and efficiency. DNS serves as a building block for security since it is universal across large client devices and small mobile phones.
A contractor that provides claims processing and other services says several of its community health plan customers - including 1.7 million members of the Oregon Health Plan - are victims of the zero-day MOVEit vulnerability, which has affected more than 500 organizations worldwide.
ISMG's roundup of digital assets-related cybersecurity incidents includes Kenya, France and Germany's probe into WorldCoin; July security incidents; Curve Finance and LeetSwap theft; the crypto amendment in the NDAA; and India's lack of crypto regulation.
Real-time protection against API attacks is nonnegotiable for the protection of any web application or digital service that relies on application programming interfaces. Here are some of the most common types of API attacks and strategies for protecting against them in real time.
How much of a risk do hacktivists pose? Hacktivism's heyday was arguably a decade ago. While activists do keep using chaotic online attacks to loudly promote their cause, they're tough to distinguish from fake operations run by governments, including Russia and Iran.
A hacking campaign that exploited Ivanti mobile device manager to target the Norwegian government began in April or possibly earlier, say cybersecurity agencies from the U.S. and Norway. Mobile device management systems are "attractive targets for threat actors," the alert warns.
A little-known cloud infrastructure provider called Cloudzy has been facilitating nation-state hackers, commercial spyware operations and ransomware affiliates' attacks by failing to keep a close eye on what its customers are doing, researchers at cybersecurity firm Halcyon warn.
A Tennessee-based cardiac care clinic is notifying more than 170,000 patients and others that hackers may have stolen their sensitive personal and medical information in a cyberattack detected in April. The Karakurt cybercrime group claimed credit for the hack a month later.
Human Factor Security expert Robin Lennon Bylenga advised that in building an internal threat management program, it is imperative to not send mixed messages to the broader workforce. It's wise to conduct an assessment of human risk - not just IT risk, she said.
Synthetic ID fraud has moved beyond business-to-consumers to business-to-business fraud as more bad actors are opening fraudulent commercial accounts at financial institutions, said Dori Buckethal, vice president of risk and fraud solutions at Thomson Reuters.
Fears that cyber insurance coverage drives companies into paying ransomware demands more easily than not appear unfounded, concludes a British think tank study that also suggests insurers should do more to enact corporate discipline. Cyber insurance has been dogged by accusations of moral hazard.
A malware downloader is spoofing Italian organizations, including the tax agency, to deliver a banking Trojan to target Italian companies, said researchers. Proofpoint callsthe downloader WikiLoader; it ultimately leads to the Ursnif banking Trojan.
Ukraine blocked an illicit money laundering network operating across the country that made use of sanctioned Russian payment systems and cryptocurrency exchanges to convert Russian rubles into Ukrainian hryvnia. The "black money exchanges" network processed more than $4 million monthly.
We have moved from cybersecurity strategy to cyber resilience strategy, said Fene Osakwe, a board member of the Forbes Technology Council. As a result, he said, we still start with identifying assets, but we keep going until we achieve recovery.
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