A new strain of ransomware called MegaCortex is beginning to fill part of the void left by GandCrab and other variants that have been discontinued, targeting large corporations with huge ransom demands, according to a new analysis released Monday by Accenture's iDefense.
Capital One's enormous data breach is a subject of intense scrutiny as well as fear. A definitive post mortem is likely months away. But security professionals have ideas as to how the breach was achieved and the weaknesses that led to it.
The latest edition of the ISMG Security Report analyzes the root causes of the Capital One data breach. Also featured: breach remediation advice and compliance with New York's new third-party risk management requirements.
A newly discovered mobile ransomware strain called Filecoder.C is targeting Android devices through malicious links in online forums and then spreading via contact lists through SMS messages that attempt to entice others to install an app, according to research by the security firm ESET.
In what's likely the first of many investigations, the New York attorney general's office announced late Tuesday that it's launching a Capital One probe following the disclosure that over 100 million U.S. residents had their personal data exposed in a breach. Meanwhile, class action lawsuits are looming.
The cause of Capital One's breach is known. But experts say the incident still raises questions over why Capital One held onto personal data so long and if the bank was adequately monitoring administrator accounts.
JPMorgan Chase researchers have published a new paper describing their efforts at developing a novel "early warning" system based on artificial intelligence algorithms that can detect malware, Trojans and other advanced persistent threats before the phishing campaign that targets the bank's employees even starts.
The Los Angeles Police Department is investigating a possible data breach that appears to have exposed the personal information of about 2,500 full-time officers, as well as records related to 17,500 potential police candidates, according to local news media reports.
A Seattle-area woman has been charged with accessing tens of millions of Capital One credit card applications after allegedly taking advantage of a misconfigured firewall. The incident is likely to increase calls for better corporate caretaking of sensitive consumer data.
Data breach costs continue well after the initial year, according to the latest IBM/Ponemon Institute,"Cost of a Data Breach" report. Limor Kessem of IBM Security shares details of the study.
Marcus Hutchins, who rose to fame by helping to stop the WannaCry ransomware attacks, was spared jail time on Friday after pleading guilty earlier this year to creating the Kronos banking malware.
Many organizations use Active Directory as their domain network management tool of choice. But security experts warn that without locking down and regularly auditing AD, the ease of use that it provides to network administrators can also be tapped by hackers. Start here for essential defenses.
Louisiana's governor issued an emergency declaration on Wednesday in response to a rash of malware infections, hitting some of the state's public schools. The move will allow the state to marshal more resources to deal with the incidents.
Warning: Attackers are abusing poorly secured and managed implementations of Microsoft Windows Active Directory to hack organizations and distribute ransomware. Fewer old operating systems and greater Active Directory security knowledge are helping mitigate the threat. But experts say more must be done.
FIN8, a hacker group that targeted POS devices in the hospitality and retail sectors, is back on the scene with new malware, including the Badhatch backdoor that's designed to steal payment card data, according to researchers with Gigamon's threat detection unit.
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