Drawing on his deep background in technology, government and law, cybersecurity adviser Tony Scott delves into many pressing issues in cybersecurity today - including zero trust. In this episode of "Cybersecurity Unplugged," he says organizations should get started on the journey now.
More than $12 billion has been lost in decentralized finance, or DeFi, applications in 2021 - $10.8 billion of which is attributed to fraud and theft, a 600% increase from 2020, according to a new report from blockchain analytics firm Elliptic.
Critical issues in India's digital lending ecosystem were identified by a RBI working group. These include the existence of fake and illegal apps and unscrupulous money recovery practices. Establishment of a self-regulatory body to oversee operations of lending platforms is recommended.
U.S. federal banking regulators have approved a new rule that will require banks to notify regulators no later than 36 hours after the organization determines it has suffered a qualifying "computer-security incident," the nation's top financial agencies announced this week.
North Korea-associated advanced persistent threat group TA406, aka Kimsuky or Thallium, has ramped up its cyberespionage operations in 2021, targeting diplomats and policy experts across Asia, the U.K. and the U.S., researchers say.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the status of the recommendations of the Cyberspace Solarium Commission today and what still needs to be enacted by the current Congress, addressing the increasing challenge of cyberattacks...
We know they are coming, and yet we are still ill-prepared. Cybereason surveyed 1,200 global cybersecurity professionals on ransomware. And while most are concerned about attacks, nearly one-quarter have no contingencies for weekends and holidays - the favored strike time. Sam Curry explains why.
The latest edition of the ISMG Security Report features an analysis of how cybercriminals are turning to cryptomixing services to conceal the proceeds of ransomware activities from law enforcement officials. Also featured: Criminals exploit a misconfigured FBI server and the future of zero trust.
This is the second episode of "The Ransomware Files," a podcast miniseries focused on stories of resilience in the fight against ransomware. An Australian company, Matthews, saw its backups corrupted and attackers release its data. The company recovered however, and has greatly improved its IT security defenses.
Law enforcement and intelligence agencies in the U.S, U.K. and Australia have issued a joint advisory on unidentified Iran government-backed advanced persistent threat actors exploiting Fortinet and Microsoft Exchange ProxyShell vulnerabilities to attack organizations in their respective countries.
A newly identified banking Trojan dubbed SharkBot is now targeting banking and cryptocurrency exchange customers across the U.K., Italy and the U.S. through a sideloading campaign and/or a social engineering campaign.
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.
Hacker group MosesStaff has targeted Israeli organizations with encryption attacks, according to Check Point researchers. Archived records show that at least 16 organizations - including the Israel Post, the Ministry of Defense and Israeli Intelligence Corps Unit 8200 - were targeted.
The network detection and response market is "relatively unchallenged at this point by other markets," and detection is the most important use case, says Nat Smith of Gartner, who shares key findings from the company's report titled Emerging Trends: Top Use Cases for Network Detection and Response.
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.