Fresh strains of ransomware are being distributed by attackers who gain remote access to organizations' networks to infect them with Phobos, as well as via cracked-software sites that share adware installers inside which STOP ransomware has been hidden.
Banks in West Africa have been targeted by at least four hacking campaigns since mid-2017, with online attackers wielding commoditized attack tools and "living off the land" tactics to disguise their efforts, Symantec warns.
Cybercrime outfits appeared to take a vacation around the December holidays. But attacks involving Emotet, Hancitor and Trickbot have resurged following their December slowdown, as has the Fallout exploit kit, lately serving GandCrab ransomware.
Leading the latest edition of the ISMG Security Report is an in-depth look at why ransomware remains a pervasive threat and how it's evolving. Also featured: updates on venture capital investments in cybersecurity and a study of vulnerabilities in industrial remotes.
The U.S. Securities and Exchange Commission has charged seven individuals and two organizations with being part of an international scheme that hacked the SEC's EDGAR document system, stole nonpublic corporate information and used it to illegally earn $4.1 million via insider trading.
Ransomware attacks continue, with the city of Del Rio, Texas, saying its operations have been disrupted by crypto-locking malware. Meanwhile, CryptoMix ransomware urges victims to pay ransoms, claiming it will fund treatments for seriously ill children, while GandCrab gets distributed via malvertising attacks.
The organization that manages IT for Singapore's public healthcare sector says it has terminated, demoted or financially penalized several employees for their roles in the handling of a 2017 cyberattack on SingHealth, the nation's largest healthcare group. What do U.S. security experts think of these measures?
Numerous cybercrime gangs continue to use darknet forums to seek fresh recruits, sell stolen data or advertise hacking services. One recent job listing from the data-leaking blackmail gang called The Dark Overlord sought technically proficient individuals who were fluent in Arabic, Chinese or German.
A U.K. court has sentenced Daniel Kaye, 30, after he admitted launching DDoS attacks against Liberia's largest telecommunications company in 2015 and 2016. A rival internet services provider paid Kaye $100,000 to launch the attacks.
A hacktivist who launched distributed denial-of-service attacks on Boston Children's Hospital and another local facility in 2014 has received a lengthy prison sentence and must pay restitution. But will the outcome of the case deter other hackers?
In a case of business email compromise, Chinese hackers stole $18.6 million from the Indian arm of Tecnimont SpA, an Italian engineering company, through an elaborate cyber fraud scheme that included impersonating the firm's chief executive.
A Juniper Research analysis of why card-not-present fraud will continue to grow leads this week's edition of the ISMG Security Report. Also featured: Updates on a Neiman Marcus breach lawsuit settlement and a German hacking incident.
Forty-three states have reached a settlement with Neiman Marcus over its 2013 data breach, one of several breaches from that period blamed on in-memory malware. The retailer will pay $1.5 million and must use encryption and tokenization to protect card data.
Police in Germany say a 20-year-old student has confessed to stealing and leaking personal details from 1,000 German politicians, celebrities and journalists, allegedly after bragging about the crime. More advanced attackers rarely make so much noise.
German police arrested a 20-year-old student - living at home with his parents - who they say confessed to leaking contact details and sensitive information for an estimated 1,000 German celebrities, journalists and politicians, including Chancellor Angela Merkel.