Distributed denial-of-service attacks have not garnered much attention this year. But analysts say such attacks could surge, and they have the potential to be just as damaging as ransomware and other types of cyberthreats.
A recently uncovered point-of-sale malware called "ModPipe" is targeting Oracle software used by thousands of restaurants and other businesses in the hospitality industry, according to researchers at ESET. This backdoor can then steal sensitive data, such as cardholder names.
An IAM strategy for remote workforces should ensure that key stakeholders are aligned in listing key applications, infrastructure is mapped and risk- and role-based authentication for measuring user risk profiles are applied, says UAE-based Mustapha Huneyd, director of customer security at Ericsson.
Darkside is the latest ransomware operation to announce an affiliate program in which a ransomware operator maintains crypto-locking malware and a ransom payment infrastructure while crowdsourced and vetted affiliates find and infect targets. When a victim pays, the operator and affiliate share the loot.
Check Point Research has uncovered a large and likely profitable business model that involves hackers attacking and gaining control of certain VoIP services, which enables them to make phone calls through a company's compromised system.
The year 2021 will see an increase in third-party risks, the evolution of MSSPs, and maturity in identity governance as enterprises in the Middle East region take a fast track approach to the 'cloud-first' strategy, according to a panel of experts.
The operators behind a botnet dubbed "Gitpaste-12" are abusing legitimate services such as GitHub and Pastebin to help hide the malware's malicious infrastructure, according to Juniper Threat Labs. This botnet mainly targets Linux apps and IoT devices and can mine cryptocurrency.
Apple issued an update for iOS and iPadOS on Thursday that fixes three zero-day flaws found by Google's Project Zero bug-hunting team and a range of other security-related flaws. Google says the bugs are being exploited by attackers but haven't been used in election-related cyber activity.
Victims of crypto-locking malware who pay a ransom to their attackers are paying, on average, more than ever before. But investigators warn that when victims pay for a guarantee that all data stolen during an attack will get deleted, criminals often fail to honor their promises.
The U.K. NCSC responded to over 700 cyber incidents over a 12-month period, 200 of which were related to the COVID-19 pandemic, according to the cyber agency's annual report. NCSC also notes that's it's preparing to step-up its response to cyber incidents involving the NHS and vaccine development.
Aleksandr Brovko, a Russian national, has been sentenced to eight years in federal prison for stealing personally identifiable data and online banking credentials using a botnet, according to the U.S. Justice Department. Federal prosecutors estimate the losses at $100 million.
The Maze cybercrime gang, which revolutionized the ransomware business by adding an extortion element to each attack, has issued a statement saying it has hung up its spikes and will retire, at least temporarily. Security executives do confirm Maze's activity has dropped off in recent months.
After a federal judge blocked an order that would have banned ByteDance-owned TikTok from operating within the U.S., the Commerce Department vowed to continue to defend the Trump administration's executive order. Additional court hearings over the order are scheduled for later this year.
Validating identity across every digital channel is essential to track money movement information and help control P2P payment fraud, two fraud-fighting experts say.
The latest edition of the ISMG Security Report features a discussion with FBI Agent Elvis Chan on the cyber disruptions to expect immediately after the Nov. 3 U.S. election. Also featured: smart lock security flaws; cryptocurrency-funded crimes in 2021.
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