Cybercriminals are waging brute-force attacks that enable them to change DNS settings on home and small business routers to redirect victims to fake COVID-19-themed websites that push infostealer malware, according to the security firm Bitdefender.
Switzerland-based global insurance firm Chubb acknowledges that it's investigating a "security incident." Meanwhile, the Maze ransomware gang is claiming Chubb is its latest victim, according to researchers at the security firm Emsisoft.
The latest edition of the ISMG Security Report analyzes how and why Russia is spreading disinformation about the COVID-19 pandemic. Plus: the latest CCPA regulation updates; a CISO's tips on securely managing a remote workforce.
Russian authorities typically turn a blind eye to cybercrime committed by citizens, provided they target foreigners. But as the recent "BuyBest" arrests of 25 individuals demonstrate, authorities do not tolerate criminals that target Russians, and especially not anyone who targets Russian banks.
Despite the global COVID-19 pandemic, which started in China, Chinese cyber espionage campaigns are continuing, with a new campaign from one APT group targeting at least 75 enterprises in 20 countries, according to the security firm FireEye.
As more consumers shift to online shopping during the COVID-19 pandemic, retailers must ramp up their efforts to guard against ecommerce payment fraud, says Toby McFarlane, a cybersecurity expert at CMSPI, a payments consultancy.
More bad ransomware news: Following in the footsteps of Maze, now even more cybercrime gangs are threatening to not only crypto-lock systems but also leak stolen data. Such moves come following a banner year for ransomware operators, who are continuing to bring more advanced tactics to bear.
The FBI this week seized the domain of Deer.io, which federal authorities describe as a clearinghouse for stolen data and cybercriminal services operating from Russia. The alleged administrator of the now-shuttered site has been arrested and charged.
A hacking group targeted the World Health Organization earlier this month with an apparently unsuccessful spear-phishing campaign designed to harvest credentials as the United Nations organization was grappling with the global COVID-19 pandemic.
Can quantum cryptography help in containing malware-as-a-service? Kiran Sivakumar, superintendent of police, Central Bureau of Investigation, GoI, says that while there isn't any real case study yet, he is hopeful that the technology will play a future role in combating the menace of this type of cybercrime.
Security researchers are tracking a variant of the prolific Mirai botnet called Mukashi, that's taking advantage of vulnerabilities in network-area storage devices made by Zyxel and giving its operators the ability to launch DDoS attacks. Zyxel has issued a patch for the vulnerability.