Good news on the cybercrime front: "Cryptocurrency-related crime fell significantly in 2020," compared to 2019, reports blockchain analysis firm Chainalysis. Unfortunately, in the same timeframe, ransomware profits surged 311%, stoking calls for a crackdown on ransom payments.
A Russian national who served as the administrator for the now-defunct Deer.io online clearinghouse - which sold stolen credentials, hacked servers and criminal services, such as assistance performing hacking activities - has pleaded guilty to a federal charge.
When deploying automation in their security operations centers, organizations should start with "small and simple things," advises Nat Smith of Gartner, who also offers tips on retaining skilled SOC analysts.
Security vendor SonicWall is investigating what the company calls a "coordinated attack" against its internal network by threat actors using a zero-day exploit within the company's remote access products. SonicWall is urging customers to apply temporary fixes to secure VPNs and gateways.
Threat actors behind a distributed denial-of-service campaign targeted the same set of victims again after the organizations refused to pay the initial ransom demand, a new report by security firm Radware finds.
Fraudsters are using Google forms to target retail, telecom, healthcare, energy and manufacturing companies in an apparent reconnaissance campaign to identify targets for a possible follow-up business email compromise attack.
The new Biden administration has pledged to hold Russia accountable for its recent "reckless and adversarial" actions and has ordered a full-scale intelligence review of the SolarWinds hack. The moves signal the importance of cybersecurity to President Biden's national security agenda.
The threat posed by software supply chain attacks is growing, but organizations can take steps to minimize the risks. Trey Herr of the Atlantic Council outlines ways to gain more insight into supply chain problems.
Zscaler's ThreatLabz research team is tracking a new botnet dubbed DreamBus that's installing the XMRig cryptominer on powerful, enterprise-class Linux and Unix systems with the goal of using their computing power to mine monero.
The latest edition of the ISMG Security Report features an analysis of the cybersecurity challenges the Biden administration must address. Also featured: payments security advice from Verizon; the outlook for the lifting of restrictions tied to the COVID-19 pandemic.
Microsoft researchers are offering fresh details on the SolarWinds hackers' extensive efforts to remain hidden, which gave them more time to fully penetrate systems, move laterally through networks and exfiltrate data in follow-on attacks.