SonicWall was recently attacked via a zero-day flaw in one of its own products. Curiously, SonicWall hasn't said much about the extent and damage of the breach since its announcement. But there are strong indications it may have been targeted by an extortion attempt.
Bloomberg has stood firm on its controversial story from two years ago asserting that China implanted a tiny chip on motherboards made by Supermicro. But rather than proving its contention in a follow-up, it may have inflicted more reputational damage upon itself.
A recent phishing campaign tied to an Iranian hacking group known as "Charming Kitten" used SMS and email messages to spread malicious links in an attempt to steal email credentials in the U.S., Europe and the Persian Gulf region, security firm Certfa Lab reports.
Ransomware gangs entered 2020 with a full and dangerous set of weapons at their disposal and then rolled out additional tools such as extortion and new distribution methods, a trend that is expected to continue into 2021.
An ongoing spear-phishing campaign is spoofing the official Microsoft.com domain name and targeting users of the company's Office 365 suite, according to security firm Ironscales. Fraudsters are likely using these attacks to harvest credentials.
The hacker-for-hire group DeathStalker, known for conducting espionage campaigns against small and medium-sized businesses, has started using a new malware strain called PowerPepper, according to a report from the security firm Kaspersky.
India's urban cooperative banks need to take a holistic approach to build a security governance structure, opt for an ASP services model and map their business-critical risks to comply with the RBI's security posture guidelines, according to a panel of experts.
Interpol, Nigerian law enforcement agencies and security firm Group-IB have collectively uncovered a massive Nigerian business email compromise gang that was active across more than 150 countries. Three suspected members have been arrested in Nigeria.
Darkside is the latest ransomware operation to announce an affiliate program in which a ransomware operator maintains crypto-locking malware and a ransom payment infrastructure while crowdsourced and vetted affiliates find and infect targets. When a victim pays, the operator and affiliate share the loot.
COVID-19 accelerated everything else digital; why not fraud, too? In this latest CEO/CISO panel, cybersecurity leaders talk frankly about the pace and scale of new fraud schemes from business email compromise to card not present to insider risk.
Victims of crypto-locking malware who pay a ransom to their attackers are paying, on average, more than ever before. But investigators warn that when victims pay for a guarantee that all data stolen during an attack will get deleted, criminals often fail to honor their promises.
In an effort to ramp up the fight against fraud, the Reserve Bank of India next year will launch a "Positive Pay" system of verifying information about checks with a value at $700 or more. Bank CISOs face the big task of securing the huge new flow of data.
Cybercrime wouldn't exist as we know it today without there being a multitude of technologies and services that criminals have been able to turn to their advantage, and cryptocurrency is one of the prime examples, especially when it comes to ransomware, darknet markets and money laundering.
Russian criminals operating online who want to stay out of jail need only to follow a few simple rules, the primary one being: Never target Russians. So it's surprising that security researchers have uncovered a new ransomware-wielding gang of Russian speakers that includes Russian victims on its hit list.
CISOs are gaining additional discretionary powers to make risk-based decisions, especially as organizations implement the ISO 27035-3 incident response standard, says Khawaja Mohammad Ali, CISO of a large federal bank in Pakistan.
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