In a private industry alert, the FBI warns U.S. firms of possible malware hidden in tax software the Chinese government requires companies doing business in the nation to use. The warning follows reports by Trustwave about backdoors that can give hackers access to entire networks.
Lazarus Group, a sophisticated hacking group associated with the North Korean government, is using a new malware framework to spread ransomware and steal databases from victims, according to security firm Kaspersky.
The U.S. Department of Justice has charged two Chinese nationals with hacking into the systems of hundreds of organizations in the U.S. and abroad. The suspects' activities allegedly included probing for vulnerabilities in systems at companies developing COVID-19 vaccines, treatments and testing tech.
The British government was underprepared for Russia's alleged attempts to influence the outcomes of the Brexit referendum in 2016 and the 2017 general election and failed to conduct adequate investigations, according to a report by the U.K. Parliament's Intelligence and Security Committee.
An Iranian-backed hacking group appears to have accidentally left over 40 GB of training videos and other material exposed online, according to researchers at IBM, who found the unprotected server. The material includes videos describing attacks aimed at U.S. Navy and State Department personnel.
The latest edition of the ISMG Security Report analyzes the latest developments in banning Huawei technology from 5G networks. Also featured are discussions of how to respond better to cybercrime and whether we're on the cusp of a digital currency revolution.
Government officials in the U.S., U.K. and Canada issued a joint advisory Thursday warning that a Russian hacking group is targeting various research organizations in those countries involved in COVID-19 vaccine development.
Malware designed to provide backdoor access to corporate networks, gain administrative privileges and deliver additional payloads was hidden in tax software the Chinese government requires companies doing business in the nation to use, researchers at the security firm Trustwave report.
Britain's U-turn on Huawei, announcing that it will now ban the manufacturer's gear from its 5G networks, highlights this as yet unresolved problem: Years of underinvestment and policy failures have left Britain and its allies with no inexpensive, trusted alternative.
The British government has officially reversed course and will now ban Huawei's telecom gear from its 5G networks. The ban on use of the Chinese firm's equipment, based in part on U.S. sanctions against the manufacturer, goes into effect at year's end.
An Israeli court has dismissed a petition filed by Amnesty International that sought to revoke the security export license of NSO Group, a tech firm that's been accused of selling hacking tools to governments for targeting dissidents, journalists and lawyers.
Wells Fargo, the fourth largest bank in the U.S., has directed employees to remove the TikTok social media app from their company-issued devices, citing security concerns. The news comes after Amazon sent mixed signals to its employees about use of the social media app.
The U.S. Secret Service is combining its electronic and financial crime units into a single task force that will focus on investigating cyber-related financial crimes, such as BEC schemes and ransomware attacks. The move comes as lawmakers push for the Secret Service to take a more active role in fighting cybercrime.