The U.S. Department of the Treasury has blacklisted Russia-based cryptocurrency exchange Suex for allegedly laundering tens of millions of dollars for ransomware operators, scammers and darknet markets. It is the first such designation for a virtual currency exchange.
Marketron Broadcast Solutions was hit over the weekend by a ransomware attack launched by the BlackMatter gang, and the attack has taken down a number of the marketing firm's products. Marketron is currently in talks with its attacker.
FBI Director Christopher Wray faced questions during a Senate hearing Tuesday concerning a published report that the bureau for almost three weeks withheld a decryption key that agents obtained from the ransomware gang that targeted software firm Kaseya.
According to a panel of experts, protecting the Active Directory, a rich target for increasing ransomware attacks, will require organizations to audit privileged accounts and endpoints with continuous monitoring and an identity governance approach.
NEW Cooperative, an Iowa-based farm services cooperative, has reportedly been targeted by the BlackMatter ransomware gang, demanding a $5.9 million payment from the organization, according to security researchers and published reports. The cooperative is working with law enforcement agencies.
The Mēris botnet, responsible for huge waves of DDoS attacks recorded by cybersecurity firms Qrator Labs and Cloudflare, is still active, using "abandoned" MikroTik routers. The attack signatures saw a spike of 21.8 million requests per second, exploiting a vulnerable version of MikroTik RouterOS.
The Biden administration may soon unveil plans to curtail the ransomware attacks that have crippled corporate networks this year. According to a report from The Wall Street Journal, the Treasury Department will announce sanctions and similar guidance designed to disrupt the ransomware model.
As DNS remains a favorite target for attack vectors, organizations need to build unified security by establishing harmonized DNS traffic and communication to prevent data exfiltration, say Alvin Rodrigues and Pankaj Chawla from Infoblox.
Score one for the good guys in the fight against ransomware: Anyone who fell victim to REvil, aka Sodinokibi, crypto-locking malware before July 13 can now decrypt their files for free, thanks to a decryptor released by security firm Bitdefender.
Regarding the recent tactical innovation by the Grief ransomware gang that is threatening to wipe a victim's data and decryption key if the victim engages a ransom negotiator, analysts are calling this a desperate ploy to scare a target into paying the ransom demand.
Senior U.S. officials say that there have been no signs that Moscow has begun to crack down on ransomware-wielding criminals operating from inside Russia's borders. President Biden has called on Russia to act responsibly, and U.S. intelligence has been sharing information on top suspects.
The top three tactics attackers have been using to break into corporate and government networks are brute-forcing passwords, exploiting unpatched vulnerabilities, and social engineering via malicious emails, says security firm Kaspersky in a roundup of its 2020 incident response investigations.
"There are so many basics we need to get right," says Daniel Dresner, professor of cyber security at Manchester University. In this interview, he discusses the cybersecurity practices that he recommends to make the task of securing small- to medium-sized enterprises less overwhelming.
Apple patched a software vulnerability on Monday that researchers say was used to deliver spyware via its iMessage platform to the mobile phones of activists. But a few changes to iMessage could make it safer overall for individuals at high risk of surveillance, says an Apple security expert.
Olympus, a Japanese company that manufactures optics and reprography products, reports that a portion of its IT system in the EMEA region was affected by a "potential cybersecurity incident." While Olympus has not identified an attacker, some reports suggest it is the BlackMatter ransomware gang.