The latest edition of the ISMG Security Report features an analysis of the Avaddon ransomware gang's retirement and the crackdown on the Clop ransomware gang in Ukraine. Also featured: Bitcoin as ally in the ransomware battle; strengthening U.S. cybersecurity defenses.
The global law enforcement "Anom" honeypot operation racked up impressive statistics for the number of criminal users tricked into using the encrypted communications service. Psychology was at play: Officials say users flocked to the service after they disrupted rivals EncroChat and Sky Global.
After U.S. President Joe Biden and Russian President Vladimir Putin discussed cybersecurity issues at their Wednesday summit meeting in Geneva, security experts and analysts began sizing up what the next steps might be following what some are calling a "transformational moment."
In a key move toward ensuring telecom companies only use technologies from trustworthy sources, the government of India has launched a Trusted Telecom Portal designed to evaluate and approve technologies and suppliers.
Bitcoin has enabled fast payments to cybercriminals pushing ransomware. How to deal with bitcoin is the subject of a spirited debate, with some arguing to restrict it. But bitcoin doesn't always favor cybercriminals, and it may actually be more of an ally than a foe by revealing webs of criminality.
U.S. President Joe Biden issued a clear warning to Russian President Vladimir Putin at their Geneva summit Wednesday, saying that should Russia continue to launch cyberattacks against U.S. critical infrastructure sectors, or hack software supply chains, then Moscow should expect to see retaliation.
Just before Wednesday's U.S.-Russia summit, at which cybercrime was high on the agenda, authorities in Ukraine announced they had busted six suspected members of the Clop ransomware operation. Security experts say these apparently were midlevel players, with Clop's main operators likely based in Russia.
The Microsoft 365 Defender research team says it has “disrupted a large-scale business email compromise infrastructure hosted in multiple web services.” It describes in a blog post how the BEC fraud scheme worked.
Jim Bray of Identité, an authentication solutions firm, and Steve Ledford of The Clearing House, a payments platform that all federally insured U.S. depository institutions are eligible to use for payments, discuss the role that biometrics can play in preventing P2P payment fraud while maintaining consumer...
With the RSA Conference virtual this year, ISMG replaced its two live on-site studios with a suite of home studios and produced a diverse group of interviews on timely topics with thought leaders who will be solving cybersecurity's most urgent problems.
The U.S. and its NATO allies endorsed a new cybersecurity defense policy during President Biden's visit this week with member states in Brussels. The policy agreement comes as Biden prepares to meet Russian President Vladimir Putin on Wednesday to discuss cybersecurity and other issues.
Volkswagen and its Audi subsidiary are notifying 3.3 million people in the U.S and Canada of a breach of personal information by a marketing services supplier. Volkswagen says 90,000 of those affected may have also had their driver's license number, loan data and other personal information exposed.
The China-backed advanced persistence threat group APT41 apparently was responsible for the breach of SITA, an international provider of IT services for the air transport industry worldwide, that led to customer data at Air India and other airlines being compromised, according to Group-IB. SITA disputes the findings.