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.
Security experts say the notorious REvil - aka Sodinokibi - ransomware-as-a-service operation, which went dark in July, appears to be back in business. The group's data leak site and payment portal are back online, and one expert says the group appears to have begun amassing new victims.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how ransomware affiliates change operators and why terrorists aren't launching massive cyberattacks.
The United Nations says its networks were accessed by attackers earlier this year, leading to follow-on intrusions. One cybercrime analyst reports that he'd alerted NATO after seeing access credentials for one of its enterprise resource planning software systems for sale via the cybercrime underground.
The latest edition of the ISMG Security Report features an analysis of the most sought-after type of victim for ransomware-wielding attackers. Also featured: fighting extortion schemes and stress management tips.
"Silence is gold." So says ransomware operator Ragnar Locker, as it attempts to compel victims to pay its ransom demand without ever telling anyone - especially not police. But some ransomware-battling experts have been advocating the opposite, including mandatory reporting of all ransom payments.
Apparent Babuk ransomware operation spinoff Groove, self-described as being an "aggressive financially motivated criminal organization," has launched as part of the new RAMP cybercrime forum, and is promising affiliates a bigger share of profits than traditional ransomware-as-a-service operations.
The White House is preparing executive branch agencies to adopt "zero trust" network architectures by 2024, with CISA and the OMB overseeing the creation of technology road maps that departments must follow. This is a major component of President Biden's cybersecurity executive order.
New Zealand's Computer Emergency Response Team says it is aware of ongoing distributed denial-of-service attacks that have disrupted services at several organizations in the country, including some financial institutions and the national postal service.
Google has identified three critical vulnerabilities affecting several Netgear smart switch products that, if exploited, give the attacker complete control over the compromised device. Netgear has issued a security advisory confirming that it has issued patches for 20 impacted products.
A Russian citizen, alleged to be working as a developer for the malware-spreading organization Trickbot, reportedly has been arrested at Seoul-Incheon International Airport. He was questioned by Korean authorities following an extradition request from the U.S.
The Ragnar Locker ransomware operation has been threatening to dump victims' stolen data if they contact police, private investigators or professional negotiators before paying a ransom. But as one expert notes: "Perhaps the criminals watched too many TV shows, because this isn’t how the real world works."
The most sought-after type of victim for ransomware-wielding attackers is a large, U.S.-based business with at least $100 million in revenue, not operating in the healthcare or education sector, with remote access available via remote desktop protocol or VPN credentials, threat intelligence firm Kela reports.
SEC Consult reportedly found multiple vulnerabilities in Moxa devices used in critical infrastructures including railways, manufacturing, cellular and heavy industries. Moxa has confirmed patching 60 vulnerabilities in its latest firmware update and issued mitigation advice for discontinued devices.
Security firm Cisco Talos reported this week that cybercriminals have found a new way to make money from their victims, by abusing internet-sharing "proxyware" platforms such as Honeygain and Nanowire to illegally share their victim’s internet connection.