In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the role of cyber insurers in supporting ransomware victims' incident response, and how to build a successful bug bounty program.
The U.S. Department of the Treasury has blacklisted Russia-based cryptocurrency exchange Suex for allegedly laundering tens of millions of dollars for ransomware operators, scammers and darknet markets. It is the first such designation for a virtual currency exchange.
Marketron Broadcast Solutions was hit over the weekend by a ransomware attack launched by the BlackMatter gang, and the attack has taken down a number of the marketing firm's products. Marketron is currently in talks with its attacker.
FBI Director Christopher Wray faced questions during a Senate hearing Tuesday concerning a published report that the bureau for almost three weeks withheld a decryption key that agents obtained from the ransomware gang that targeted software firm Kaseya.
According to a panel of experts, protecting the Active Directory, a rich target for increasing ransomware attacks, will require organizations to audit privileged accounts and endpoints with continuous monitoring and an identity governance approach.
U.S.-based cryptocurrency exchange Coinbase has contracted with the U.S. Department of Homeland Security to provide its blockchain monitoring software, according to government tracking sites. The U.S.-based exchange also withdrew plans to launch a crypto lending program amid tensions with the SEC.
NEW Cooperative, an Iowa-based farm services cooperative, has reportedly been targeted by the BlackMatter ransomware gang, demanding a $5.9 million payment from the organization, according to security researchers and published reports. The cooperative is working with law enforcement agencies.
In the latest security incident involving a decentralized finance protocol, cross-chain project pNetwork announced Sunday it had been hacked for 277 pBTC, a form of wrapped bitcoin, with losses worth over $12 million at current value.
Earlier this month, McAfee Enterprise's Advanced Threat Research team, working with McAfee's Professional Services IR team, reported that an APT campaign dubbed Operation Harvest had been in operation for years. Their analysis provides insight into the group's tools, tactics and techniques.
Like his peer CISOs, Amit Basu of International Seaways is concerned about complexity and the shifting landscape. But not just the threat landscape - he also is challenged by the shifting dynamics of business priorities and processes, as well as what "protection" in this new environment now entails.
The Mēris botnet, responsible for huge waves of DDoS attacks recorded by cybersecurity firms Qrator Labs and Cloudflare, is still active, using "abandoned" MikroTik routers. The attack signatures saw a spike of 21.8 million requests per second, exploiting a vulnerable version of MikroTik RouterOS.
While there is no dearth of talent among Indian bug bounty hunters, hurdles such as lack of trust, payment disputes, cost, unethical practices and lack of regulatory laws deter the growth of the bug bounty programs in the country, according to some experts.
More than 15 million email addresses and individuals' personal details have been leaked by Anonymous in reprisal for Texas' new law restricting abortion. The leaked information allegedly comes from Epik, which has hosted far-right websites, including for the Republican Party of Texas.
The Biden administration may soon unveil plans to curtail the ransomware attacks that have crippled corporate networks this year. According to a report from The Wall Street Journal, the Treasury Department will announce sanctions and similar guidance designed to disrupt the ransomware model.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.asia, you agree to our use of cookies.