Sodinokibi/REvil appears to be making millions since it seized the ransomware-as-a-service mantle from GandCrab earlier this year. Security firm McAfee says up to 40 percent of every victim's ransom payment - average: $4,000 - gets remitted to the Sodinokibi actor, with "affiliates" keeping the rest.
New legislation introduced by Sen. Ron Wyden, D-Ore., would "bring meaningful punishments for companies that violate people's data privacy, including larger fines and potential jail time for CEOs," he says. But can Congress agree on a privacy law?
While the Russian-linked hacking group known as The Dukes, Cozy Bear and APT29 in recent years appeared to have gone somewhat quiet, researchers from ESET report that the hackers have been targeting various European embassies and ministries as part of what the security firm dubs "Operation Ghost."
The prices for specific types of cybercriminal tools on darknet sites continue to rise, according to a recent analysis by security firm Flashpoint. Payment card and passport data remain the most sought-after commodities on these forums, research shows.
Scammers are using the notorious Phorpiex botnet as part of an ongoing "sextortion" scheme, according to Check Point researchers. At one point, the botnet was sending out over 30,000 spam emails an hour and the attackers made about $110,000 in five months, researchers say.
Eighteen technology companies have formed the Open Cybersecurity Alliance to foster the development of open source tools to improve interoperability and data sharing between cybersecurity applications. But some observers say getting all players to agree on a common platform will be challenging.
The M6 Group, France's largest media holding company, is continuing to recover from a ransomware attack that reportedly crippled some of its internal systems, although its radio and television stations continued to operate without interruption.
Ransomware is once again the most common illicit profit-making tool in online attackers' arsenal, police warn. Security firm Emsisoft says the most-seen strains in recent months include STOP, Dharma .cezar, Phobos, GlobeImposter 2.0 and Sodinokibi. Less widely seen Ryuk also continues to generate big profits.
Attackers are using Docker containers to spread a cryptojacking worm in a campaign dubbed "Graboid," according to researchers at Palo Alto Network's Unit 42 threat research unit. Although the researchers describe the campaign as "relatively inept," they says it has the potential to become much more dangerous.
"Silent Librarian," a hacking group with apparent ties to the Iranian government, is continuing to revamp and refine its phishing techniques as it targets research universities in the U.S. and Europe in an attempt to steal intellectual property, according to the security firm Proofpoint.
Security researchers have found that a hacking group, which may have North Korean ties, recently created a phony company offering a cryptocurrency exchange platform as a step toward planting malware on the macOS devices of employees of cryptocurrency exchanges.
The not-for-profit Libra Association, which would govern Facebook's new Libra cryptocurrency, launched Monday despite Visa, MasterCard and others dropping their participation. Meanwhile, Facebook CEO Mark Zuckerberg is scheduled to testify before Congress next week to address concerns about the project.
Despite a crackdown on some of its members in 2018, the FIN7 gang has returned with new malicious tools, including a revamped dropper and payload, according to analysts at FireEye. The hacking group is known for targeting point-of-sale machines and IT networks at a wide variety of businesses.
Pitney Bowes says it was infected by file-encrypting malware that has affected online accounts and mailing products but that client data doesn't appear to be at risk. The postage meter maker says "all options" are being considered for recovery, meaning that it could pay a ransom.