The specter of the May attack on Ireland's national health service loomed large at the IRISSCON 2021 cybercrime conference in Dublin, as cybersecurity experts gathered to detail the ongoing rise of ransomware and other types of online crime, as well as how to best combat such attacks.
Cryptocurrency-using criminals continue to rely on services designed to launder their virtual currency to give them "clean coins" that are tougher for law enforcement to trace. Experts say such services are widely marketed on cybercrime forums, and sometimes provided directly to ransomware groups' affiliates.
The U.S. and Israel will expand their diplomatic relationship around cybersecurity, announcing a bilateral task force this week that will support cybersecurity and fintech innovation. The news follows recent action by the U.S. Department of Commerce to blacklist Israeli spyware firm NSO Group.
NSO Group CEO-designate Itzik Benbenisti, currently NSO's co-president, has resigned from the Israel-based intelligence company, citing its blacklisting by the U.S. Department of Commerce last week. But the company has other troubles, too.
The top cybercrime threats facing organizations in Europe and beyond include ransomware affiliate programs, more sophisticated mobile malware and cryptocurrency-hawking investment fraud, among other types of crime, according to Europol's latest Internet Organized Crime Threat Assessment.
The latest edition of the ISMG Security Report features an analysis of the progress made by law enforcement agencies in the effort to crack down on ransomware. Also featured: Evil Corp banking malware still active; XDR market trends.
The U.S. has joined an 80-nation agreement that sets collective goals for cyberspace, with a particular focus on internet integrity, electoral security, intellectual property theft, use of malign hacking tools and more. Vice President Kamala Harris confirmed U.S. entry into the multistate pact.
APT group Lyceum has targeted ISPs and telecommunication operators in Israel, Morocco, Tunisia and Saudi Arabia, as well as a Ministry of Foreign Affairs in an African country, according to Accenture’s Cyber Threat Intelligence group and Prevailion’s Adversarial Counterintelligence Team.
A new espionage campaign has allowed an unidentified threat actor to access data, including communications and services, on thousands of devices belonging to South Koreans, reports Aazim Yaswant, an Android malware analyst at mobile security company Zimperium.
Leon Ravenna, CISO of KAR Global, starts each day on the job with the expectation that this could be his last. That's how urgent cybersecurity has become, and it's in part why he's driven to dispatch the image of the CISO as the bureaucratic "Dr. No."
The U.S. Department of the Treasury has blacklisted cryptocurrency exchange Chatex, along with a network of entities the department says support it, for allegedly facilitating ransomware-related financial transactions. This action effectively bars Americans from doing business with the company.
MediaMarktSaturn Retail group, a German multinational chain of stores, has confirmed to ISMG that it has suffered a ransomware attack. It is reported that the attack was perpetrated by threat group Hive and has affected store operations in the Netherlands, Belgium and Germany.
A new initial access broker, Zebra2104, has been providing entry points to ransomware groups such as MountLocker and Phobos, as well as espionage-related advanced persistent threat group StrongPity, according to a new report. This process saves other threat actors time, effort and expense.
The calculus facing cybercrime practitioners is simple: Can they stay out of jail long enough to enjoy their ill-gotten gains? A push by the U.S. government and allies aims to blunt the ongoing ransomware scourge. But will practitioners quit the cybercrime life?
Congress has passed the $1.2 trillion physical infrastructure bill, which will inject $1.9 billion in new cybersecurity funding for the federal government. The bill, long held up in Congress, passed the House on Friday and moves to the desk of President Joe Biden, who plans to sign the measure into law.