Coincheck, a Tokyo-based exchange, says it suffered a hack attack that led to the theft of $530 million worth of XEM cryptocurrency from its hot wallet. But the developers of XEM say they are tagging all accounts that receive the stolen funds to stop it from being converted to cash.
Many Malwarebytes users had a busy weekend after a software update led their Windows systems to experience "out of memory" errors, loss of internet access and, in some cases, crashing. The security firm has apologized and issued detailed instructions for reversing the problems and installing its fix.
U.S. Secret Service alert: For the first time, malware-using fraudsters have been draining U.S. ATMs of their cash via what's known as a jackpotting or cash-out attack. Two older models of ATMs made by Diebold Nixdorf appear to have been targeted.
How much does it cost to buy cybercrime-enabling products or services? Just $5 and up, security researchers say. Law enforcement agencies warn that small-time players as well as "serious and organized" crime rings are using cybercrime as a service to make illicit profits.
Leading the latest edition of the ISMG Security Report: Ransomware crypto-locks customer data stored by a cloud-based service provider. Also, there's a move afoot to use blockchain technology to better protect people's personally identifiable information.
After spiking in 2017, the volume of attacks involving ransomware has since declined, but the malware still remains a potent threat. For attackers, ransomware barriers to entry are lower than ever, thanks to highly automated ransomware-as-a-service offerings.
The web may be largely funded thanks to online advertising, but the threat posted by malicious advertisements continues to escalate. Indeed, the latest malvertising scheme, uncovered by security firm Confiant, served 1 billion malicious advertisements.
Organizations in the Middle East and Central Asia are beginning to respond to the nuances of the evolving threat landscape in the region, says Tata Communication' Avinash Prasad in this exclusive interview.
The operators of the Necurs botnet continue to target victims with phishing campaigns designed to infect them with banking malware, ransomware and cryptocurrency fever, as well as to generate profits via dating website referrals.
Data broker Equifax has released a revised count of U.K. victims of its massive 2017 data breach, now saying 860,000 residents had their personal details exposed. The data broker is offering its own fraud-monitoring services to breach victims, provided they share their personal details.
Leading the latest edition of the ISMG Security Report: Why some organizations with working backups still choose to pay a ransom after suffering a cryptolocking malware attack. Also featured: The U.S. government's push to bolster the private sector's "active defenses."
Virtual currency that's been surging in value, stored in internet-connected banks and virtual "hot wallets": What could go wrong? The answer includes well over $175 million worth of stolen cryptocurrency and attacks that have been tied to North Korea's Lazarus Group.
BlackBerry mobile devices have become a rare sight. But drivers of Audi, GM and Mercedes vehicles may be using the company's embedded operating system in their cars, and with a new tool called Jarvis, BlackBerry is also making a play to secure the code used to drive autonomous vehicles.
The CIA has attributed last year's outbreak of NotPetya wiper malware to Russia's GRU military intelligence unit, The Washington Post reports. Other intelligence agencies and information security experts have reached similar conclusions, warning that Russia's hybrid warfare campaigns are intensifying.
This edition of the ISMG Security Report takes a look at how ready healthcare organizations are for GDPR compliance. Also featured: comments from Alberto Yepez of Trident Capital on the 2018 outlook for information security companies and a summary of the latest financial fraud trends.