Ransomware, wire transfer fraud, destructive attacks: In recent months, the financial sector has seen these and other online attacks surge by 238% as criminals continue to exploit the pandemic, warns Tom Kellermann of VMware Carbon Black, who shares findings from his firm's third "Modern Bank Heists" report.
Turla, a sophisticated hacking group with suspected ties to the Russian government, recently used a revamped version of its malware to target government entities in Eastern Europe, according to new research from the security firm ESET.
Britain is reconsidering whether Huawei's technology will be used its national 5G rollout as a result of increased White House sanctions against the Chinese telecommunications giant, which could result in Huawei having to source semiconductors from less reliable sources.
Besides hospitals and academic institutions, dozens of nonprofits, including nongovernmental organizations - or NGOs - around the world must protect their COVID-19 research and related activities from those seeking to steal data or disrupt their operations, says cyber risk management expert Stanley Mierzwa.
A sophisticated hacking group associated with the North Korean government that's been tied to a number of high-profile attacks, including WannaCry, is using three new malware variants, according to the U.S. Department of Homeland Security's Cybersecurity and Infrastructure Security Agency.
Hacking groups linked to China's government are targeting research and healthcare facilities that are working on developing vaccines, testing procedures and treatments for COVID-19, the FBI and the U.S. Cybersecurity and Infrastructure Security Agency warn in an alert.
Over the last five years, a hacking group that's apparently tied to China has been targeting government ministries in the Asia-Pacific region as part of a cyber-espionage campaign, according to Check Point Research.
German prosecutors believe that an alleged Russian hacker who apparently is a member of an elite military unit is responsible for the 2015 cyberattack against Germany's parliament, according to a news report. Earlier, the suspect was charged in connection with U.S. 2016 election interference.
Authorities in the U.S. and U.K. are warning medical institutions, pharmaceutical companies, universities and others about "password-spraying campaigns" by advanced persistent threat groups seeking to steal COVID-19 research data. Security experts outline defensive steps that organizations can take.
Over the past five years, a sophisticated spyware campaign has been targeting Android users through Trojan-laced apps in the Google Play store that are disguised as various plugins, browser cleaners and application updaters, according to Kaspersky researchers.
Hackers with suspected ties to Vietnam's government targeted several Chinese agencies in an attempt to gather intelligence about the country's response to the COVID-19 outbreak, according to security firm FireEye. Vietnam denies it engaged in cyber espionage.
Many governments are pursuing contact-tracing apps to combat COVID-19, but such projects risk subjecting populations to invasive, long-term surveillance - as well as insufficient adoption - unless they take an open, transparent and as decentralized approach, says cybersecurity expert Alan Woodward.
Since the COVID-19 pandemic began earlier the year, the FBI has seen an increase in nation-state hackers targeting U.S. medical research facilities and healthcare organizations conducting research into the virus.
As phishing campaigns and hacker attacks spread during the COVID-19 global pandemic, it's more important than ever for organizations to promptly report fraud to authorities to help them crack down on cybercrime, says Dr. Karnika Seth cyberlaw expert and advocate at Supreme Court of India.
The State Department is offering a $5 million reward for information about North Korean-sponsored hacking campaigns, according to an advisory released this week by several U.S. agencies about the ongoing threat these campaigns pose to financial institutions and others.