The Biden administration has unveiled its new national cybersecurity strategy, detailing top challenges facing the U.S. and plans for addressing them. Goals include minimum security requirements for critical infrastructure sector organizations and liability for poor software development practices.
Security researchers uncovered an investment scam network that draws on an online infrastructure of hundreds of hosts and thousands of domains to target primarily Indian victims by impersonating Fortune 100 companies. Most payment amounts defaulted to Indian rupees.
A campaign targeting government entities in the Asia-Pacific and North America regions with an info stealer hosted on a Discord server shares infrastructure with a campaign that used Microsoft OneNote to deliver malware. Menlo Security says the unknown threat actor doesn’t seem to be a major player.
The Asia-Pacific region had the dubious distinction of being the global region that faced the most cyberattacks during 2022, as observed by IBM's threat intelligence platform. IBM says the region accounted for 31% of all incidents monitored during 2022.
Tools such as image analysis are of little help to banks dealing with check fraud since, most of the time, checks that are deposited are legitimate, says Karen Boyer, senior vice president for financial crimes at M&T Bank. She says the best way to deal with this fraud is to closely monitor accounts.
Cybercrime experts have long urged victims to never pay a ransom in return for any promise an attacker makes to delete stolen data. That's because, as a recent case highlights, whatever extortionists might promise, stolen personal data is lucrative, and it often gets sold six ways from Sunday.
The “The future of cybercrime: Discussion on AI-enabled ransomware with cybersecurity experts” webinar is a must attend for senior-level corporate cybersecurity professionals.
The webinar, presented by Acronis experts Markus Bauer, Senior Technology Evangelist, EMEA, and Irina Artoli, Cyber Protection...
A Russian national accused by U.S. federal prosecutors of developing an application for decrypting login credentials pleaded not guilty during a first appearance in Tampa federal court. The man, Dariy Pankov, faces seven criminal counts, including conspiracy, access device fraud and computer fraud.
Embedding OpenAI technology in Microsoft Bing will help both hackers and cyber defenders. The AI tool could make it easier for hackers to drive traffic to malicious sites, avoid search engine blocking and distribute malware, but it could also help security teams with code analysis and threat intel.
In this week's roundup of cybersecurity incidents happening around the world, ISMG looks at incidents affecting the maker of the video game Call of Duty, Scandinavian Airlines, renowned fruit and vegetable giant Dole, Australian software maker Atlassian, and Russian broadcast company VGTRK.
Five proposed class action lawsuits have been filed so far in the wake of a California medical group's Feb. 1 report of a ransomware attack last December affecting more than 3.3 million individuals. The incident is the largest health data breach reported to federal regulators so far this year.
The newly relaunched HardBit 2.0 ransomware group is now demanding victims disclose details of their cyber insurance coverage before negotiating a ransom demand. The group, which has been active since 2022, has demanded that one victim pay $10 million in ransom, according to researchers at Varonis.
As the pandemic abruptly shifted the work landscape, cyber attackers quickly evolved their tactics, which include ransomware, business email compromise, and account takeover attacks. And phishing attacks are persistent. But guess what. So are we.
Proofpoint is a vendor with end-to-end solution. We're confident that...
Business email compromise (BEC), also known as email fraud, is one of cybersecurity’s costliest and least understood threats. As BEC schemes have evolved, industry nomenclature has outlived its usefulness. Without a framework to describe and break down BEC attacks—let alone conceptualize them—researching and...
Will large language models such as ChatGPT take cybercrime to new heights? Researchers say AI for malicious use so far remains a novelty rather than a useful and reliable cybercrime tool. But as AI capabilities and chatbots improve, the cybersecurity writing is on the wall.
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