In the past 12 months, there's been a blistering series of high-impact attacks that increasingly blur the lines "between statecraft and criminal organizations," says CrowdStrike's Zeki Turedi. How much of this blurring is intentional?
Email attacks continue to bite businesses, with organizations reporting not only a steady stream of ransomware, but also increasingly targeted social engineering attacks and account takeovers for cloud service users, says Barracuda's Hatem Naguib.
As the prevalence and scale of data breaches continues to increase - with attacks such as WannaCry and NotPetya having compromised entire business sectors - organizations must focus much more on preventing attacks, says Check Point's Gad Naveh.
Government regulation is key to minimizing the misuse of cryptocurrencies for cybercrime, says Brett Johnson, a former cybercriminal who now consults on crime prevention. But regulating cryptocurrencies is no easy task, he acknowledges. Johnson will keynote ISMG's Fraud and Breach Prevention Summit in Chicago.
The U.S. Department of Justice has charged a former CIA officer, 29-year-old Joshua A. Schulte, with providing 8,000 documents that describe the agency's offensive malware tools and practices to WikiLeaks, which published them in 2017 as the "Vault 7" archive.
Cyber extortion group Rex Mundi has been shut down following the arrest of seven suspects in France and a French national in Thailand, police say. Investigators began pursuing the group last year after it stole customer data from a British firm and demanded $770,000 to not publicly release it.
One of the key lessons offered at ISMG's Fraud & Breach Prevention Summit, held June 12-13 in Bengaluru, was the need for security practitioners to have a better perception of threats and risks so they can build successful detection and defense mechanisms.
The anti-Kaspersky Lab rhetoric continues to heat up, with the European Parliament passing a motion that brands the Moscow-based firm's software as being "confirmed as malicious." In response, Kaspersky Lab has halted all work with European institutions, including Europol, pending clarification.
Nearly three weeks after human resources software vendor PageUp discovered malware on its system, the tally of what data was exposed remains unclear, although successful job applicants appear to have been hardest hit.
Leading the latest edition of the ISMG Security Report: An analysis of how distraction tactics were used during a $10 million SWIFT-related hack at Banco de Chile. Also, a wrapup of Infosecurity Europe.
When June arrives in the United Kingdom, that means it's time for the annual Infosecurity Europe conference in London. Here are visual highlights from this year's event, which featured 240 sessions, 400 exhibitors and an estimated 19,500 attendees.
Banco de Chile has become the latest victim of a SWIFT-related malware incident. Attackers first corrupted thousands of PCs' master boot records as a distraction. Then they used fraudulent SWIFT messages to steal $10 million.
As bitcoin continues its massive price fluctuations, a new report says criminals have continued their push to get extortion and ransom payments in more stable cryptocurrencies. But bitcoins remain a top target for hackers, who most often choose to directly target cryptocurrency exchanges.