The United Kingdom's national cybersecurity agency on Friday marked the 20th anniversary of its response to the first-ever cyberattack against the government by disclosing how government agencies responded. The incident paved way for the launch of the National Cyber Security Center in 2016.
The European Commission is set to finalize its digital wallet initiative after the proposal achieved political consensus on the core elements concerning its implementation. The latest digital monetary initiative comes as Europe rolls out plans for a digital euro.
In the latest weekly update, ISMG editors discuss the potential fallout from an SEC investigation of SolarWinds and its CFO and CISO, why the number of individuals affected by Clop's campaign against MOVEit is on the rise, and highlights from InfoSecurity Europe.
While financial fraud has been prevalent for years, businesses still struggle to find it among large pools of data. In this second installment on accounting fraud, a panel of experts discussed the challenges including a lack of resources, skills and tools to identify fraud.
This week, the U.S. sanctioned Russians running influence campaigns, the owner of the Monopoly darknet drug market was charged, CISA ordered federal agencies to patch flaws before July 13, Suncor Energy suffered a cyberattack and Petro-Canada gas stations were affected.
The new ransomware group 8Base is fast becoming a big player in the underground market, amassing nearly 40 victims in June - second only to the notorious LockBit ransomware gang. The group's top targets include business services, finance, manufacturing and IT industries.
The sensitive personal information of about 1.1 million National Health Service patients including trauma patients and victims of terrorism is reportedly among data compromised in a recent cyberattack on the United Kingdom's University of Manchester. The incident also affected students and alumni.
This week's crypto roundup includes DeFi hacks and scams in the second quarter of 2023, FTX and SBF, Justby in the CFTC's crosshairs, and JokerSpy in a Japanese exchange. Also, the IMF says a crypto ban won't curb risk, Binance won't delist privacy coins, and EU banks have new capital requirements.
Researchers discovered an undisclosed malware family named EarlyRat being used by a branch of the North Korea-backed Lazarus Group. Kaspersky researchers said they stumbled upon the never-before-seen malware family, which is deployed in Log4j and phishing attacks.
The Irish government has proposed a number of measures to strengthen the country's top cyber agency's abilities to tackle ransomware and other cyberthreats. The National Security Strategy lays out 18 new action plans intended to augment the National Cyber Security Center's capabilities.
More victims of the Clop ransomware group's supply chain attack against popular file transfer software MOVEit continue to come to light. Security experts say about 150 organizations now appear to have been affected by the attacks, which compromised the personal data of over 16 million individuals.
Cyberattackers have hit Ukraine's critical infrastructure over 3,000 times since the beginning of the Russian invasion in 2022, according to Ukraine's national incident response team, which warned that such attacks may continue for years even after the fighting on the ground is over.
Security researchers at Censys found hundreds of federally owned devices at 50 different agencies exposed to the internet, accessible through IPv4 addresses and loaded with potentially vulnerable MOVEit and Barracuda Networks' ESG software. The vulnerabilities violate new CISA policy, the firm said.
Technology giant Apple has joined the chorus of voices calling on the British government to rethink its proposed Online Safety Bill legislation intended to increase public safety by monitoring people's private communications via client-side scanning.
The European cyber agency continues to remain underfunded despite the surge in ransomware and other cyberthreats, the organization's chief said in a recent hearing. The ENISA chief called on the European Commission to hold regulatory consultations to address the existing policy gaps.
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