As the risks to IT and OT converge, organizations must ramp up their threat intelligence information sharing mechanisms and build a more comprehensive cybersecurity policy, says Singapore-based John Lee, managing director of GRF Asia, a federation for building global resilience.
Five billion unique user credentials are circulating on darknet forums, with cybercriminals offering to sell access to bank accounts as well as domain administrator access to corporate networks, according to the security firm Digital Shadows.
A little-known advanced persistent threat group dubbed Evilnum has been targeting fintech firms in the U.K. and Europe over the past two years, using spear-phishing emails and social engineering to start their attacks, according to the security firm ESET.
The developers behind the Purple Fox fileless downloader malware recently upgraded their operation and are now targeting two new vulnerabilities to gain access to networks, according to a report by security firm Proofpoint.
Ransomware-wielding attackers continue to pummel organizations. But labeling these as being just ransomware attacks often misses how much these incidents involve serious network intrusions, exfiltration of extensive amounts of data, data leaks and, as a result, reportable data breaches.
A Nigerian national who has been extradited to the United States allegedly laundered millions of dollars stolen in business email compromise scams, according to the Justice Department. He flaunted his lavish lifestyle on social media, prosecutors say.
Fraudsters are using a revamped version of the Alina Trojan to target Windows-based POS devices to steal payment card data, according to Century Link's Black Lotus Labs. The malware operators are using unsecured DNS protocols to exfiltrate the data.
Tens of millions of Americans have lost jobs because of COVID-19. As a result, former 'most wanted" fraudster Brett Johnson predicts a surge in fraud, saying bluntly: "There are going to be a lot of victims."
Could your organization withstand an attack by the master hacking operation known as "Fxmsp"? Hollywood loves to portray hackers as having ninja-like skills. But Fxmsp often favored the simplest tools for the job, because they so often worked. Defenders: Take note.
The operators behind an updated version of the FakeSpy malware are targeting Android devices using SMS phishing messages to spread the info stealer, according to Cybereason. The messages are designed to appear to come from postal and delivery services.
Is the Fxmsp hacking operation still in business? Experts say Fxmsp earned $1.5 million in illicit profits, thanks to a botnet-based business model that enabled the group to sell remote access to hacked networks. But then it advertised source code allegedly stolen from three anti-virus vendors.
How long does it take to become a reliable, trusted seller in the cybercrime-as-a-service ecosystem? For the Fxmsp hacking collective, experts say the answer is about a year. The group built a botnet that facilitated network intrusions and data exfiltration, but it was driven off cybercrime forums.