Supply chain attacks and zero-day exploits surged in 2023, helping to set yet another record for data breaches tracked by the Identity Theft Resource Center. James E. Lee, COO of the group, explained why the number of compromises grew so dramatically - from 1,801 incidents in 2022 to 3,205 in 2023.
The director of the U.S. Cybersecurity and Infrastructure Security Agency confirmed she was the apparent target of a swatting attack in which police responded to false calls of a shooting at her Virginia residence on Dec. 30, 2023. In a statement, Easterly described the experience as "harrowing."
As if the cybercrime ecosystem wasn't already damaging enough, security researchers have discovered a malicious traffic broker named VexTrio, which affiliates hire to route victims to their malicious content that is often disguised via fake dating site profiles, tech support or browser updates.
Prosecutors trying the case of a Finnish national accused of attempting to extort tens of thousands of psychotherapy patients and of later posting therapy notes online said Monday that they have traced the cryptocurrency wallet used by the blackmailer to the accused man.
A dedicated cybercrime unit under the French National Police is set to scale up operations ahead of the upcoming Olympics as authorities warn that cyberattacks are among the greatest threats to the event. Authorities on Friday unveiled the unit's new headquarters in Parisian suburb Nanterre.
Non-bank mortgage lending giant LoanDepot says hackers stole "sensitive personal information" pertaining to 16.6 million customers when they breached its systems earlier this month as part of a ransomware attack. The company said it will directly notify all affected customers.
An Akira ransomware attack that hit a data center run by Finnish IT software and services firm Tietoevry has led to widespread outages across Sweden. Healthcare, local governments, retail outlets and the country's largest cinema chain are among the organizations experiencing ongoing disruptions.
A federal judge sentenced "Pompompurin," the administrator of a now-defunct data breach marketplace, to 20 years of supervised release - instead of the recommended 15-year prison sentence - for his role in BreachForums, once considered the largest English-language data breach forum of its kind.
A Finnish man accused of hacking and leaking mental health records downplayed his tech skills and said during cross-examination in court he had no part in the data breach. Kivimäki said he's been engaged with computers since aged three but described his programming skills as "pretty insignificant."
Consumer groups continue to fight for banks to reimburse victims of authorized push payment scams, but regulators in some countries including the United Kingdom and Australia are looking for ways to tighten controls, said Ken Palla, fraud expert and retired director at MUFG Union Bank.
Fraudsters have long relied on mule accounts to deposit proceeds from a variety of scams, but financial crimes investigators are seeing a shift to dropped accounts, which can be opened and quickly discarded to evade detection by law enforcement, said M&T Bank's Karen Boyer.
While cybercriminals and advanced persistent threat groups have long abused legitimate internet services both to scale and disguise various types of attacks, a new report warns of a growing challenge posed by the illegitimate use of GitHub and offers essential defenses for users.
Merck & Co.'s proposed settlement with insurers over a $1.4 billion claim related to the NotPetya attack will change the language the insurance industry uses to exclude acts of war in its policies, and organizations need to consider how those changes affect risk, said attorney Peter Halprin.
Cybercriminals are extorting some patients and threatening them with swatting in the wake of a recent cyberattack on a Seattle cancer center. The incident, stemming from a Citrix Bleed exploit, has triggered multiple lawsuits and affected the personal data of at least 1 million people.
Criminals have built highly successful business models by hacking into a wide range of organizations at will. University professor John Walker warned that the world is witnessing the unintended consequences of our collective inability to secure assets - kinetic threats to global stability.
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