Mark Karpeles, the former head of hacked Tokyo-based bitcoin exchange Mt. Gox, has continued to maintain his innocence during the closing arguments in an embezzlement trial against him, Japanese local media report. Prosecutors are seeking a 10-year prison sentence for the French national.
Critical systems are under attack from external and insider threats. No access or transaction should go unchecked. That's why former federal CISO Gregory Touhill advocates the broad adoption of zero-trust security in the public and private sectors.
The U.S. Department of Justice on Thursday unsealed an indictment charging two Chinese nationals in connection with APT10 or Cloud Hopper, a cyber espionage campaign, alleging they acted in association with a government agency.
For the past three years, hackers have been intercepting sensitive diplomatic cables sent between EU member states after stealing passwords for accessing the EU network via a phishing attack against diplomats in Cyprus, The New York Times reports.
Twitter says that an unspecified number of its users may have been targeted by state-sponsored hackers seeking to unmask their identity. Separately, Trend Micro says Twitter has blocked an account that was posting image memes designed to remotely control malware-infected PCs.
Hackers have been plugging inexpensive hardware into banks' local area networks to help perpetrate heists that have stolen tens of millions of dollars, warns Kaspersky Lab. It says that since 2017, the "DarkVishnya" attack campaign has hit at least eight Eastern European banks.
Credential abuse attacks and identity theft incidents are rising, with attackers leveraging botnets to launch coordinated campaigns with high success rates, says Aseem Ahmed of Akamai Technologies, who shares best practices for mitigating the threats.
The easy availability of tools for designing face-swapping deep-fake videos drove Symantec security researchers Vijay Thaware and Niranjan Agnihotri to design a tool for spotting deep fakes, which they described in a briefing at the Black Hat Europe 2018 conference in London.
Australia's Parliament has passed new laws enabling it to compel technology companies to break their own encryption. Although the government argued the laws are needed to combat criminal activity and terrorism, opponents argued the powers could creep beyond their scope and weaken the security of all software.
An update on the hacking of email accounts of four senior aides within the National Republican Congressional Committee leads the latest edition of the ISMG Security Report. Also featured: An analysis of when the first major fines for violations of the EU's GDPR could be issued.
To combat cyberattacks, more nations must not only hold nation-state attackers accountable, but also better cooperate by backing each other's attribution, said Estonian politician Marina Kaljurand, who chairs the Global Commission on the Stability of Cyberspace, in her opening keynote speech at Black Hat Europe 2018.
A federal grand jury has indicted two Iranians for allegedly waging SamSam ransomware attacks on more than 200 entities, including Atlanta and other municipalities and six healthcare organizations. They collected $6 million in ransoms and caused more than $30 million in losses to victims, U.S. prosecutors allege.
The U.S. Department of Justice says eight individuals have been indicted - and three of them arrested abroad - as part of a multiyear FBI investigation into gangs that allegedly perpetrated digital advertising fraud via the Methbot and 3ve schemes.
Cryptocurrency offers both immediacy and anonymity - traits that are attractive to threat actors looking to exploit organizations via ransomware or cryptomining. Laurence Pitt of Juniper Networks discusses why healthcare entities are uniquely vulnerable.