The credit repair industry plays a pivotal role in propelling the latest synthetic ID tactics, which are being used to commit multiple types of account fraud. Two experts shared their insights on why fraudsters are more likely to abuse deposit bank accounts than credit cards these days.
Ransomware hackers are using a critical flaw in a DevOps tool days developer JetBrains issued a critical security update to patch its TeamCity build management and continuous integration server. Servers such as TeamCity are high-value targets since they manage source code, keys and secrets.
Ransomware-as-a-service gang Alphv/BlackCat claims to have stolen 6 terabytes of data on 2.5 million patients in a recent attack on Michigan-based McLaren Health Care, which operates 13 hospitals and a network of cancer centers. The incident is part of the group's rash of recent attacks.
Large enterprises, including government and educational organizations, are being warned to immediately update their WS_FTP Server, built by Progress Software, to fix serious flaws being actively exploited by attackers. Secure file transfer software remains a top target, especially for extortionists.
An August cyberattack on a national hospital chain may make medical care in underserved areas of Connecticut even harder to obtain now that a would-be buyer said it's having second thoughts about going through with the deal. The Rhysida group claimed responsibility for an attack on Prospect Medical.
Researchers discovered an undocumented backdoor being used by the North Korean Lazarus Group to target a Spanish aerospace company. The attacker masqueraded as a Meta recruiter and tricked the victim into downloading and executing malicious files on a company device.
Contrary to the popular notion that ransomware hackers are sophisticated launderers of their stolen money, research shows they use straightforward mechanisms to transfer their bitcoin - allowing researchers to follow their money trail. Only a sliver transacted with a crypto mixer.
Specialty infusion company Amerita is facing a proposed federal class action lawsuit in the wake of a March cyberattack on its parent company, PharMerica, which reported a breach affecting nearly 6 million individuals. Amerita recently reported its own breach that affected about 220,000 people.
This week: Johnson Controls suffers a ransomware attack, the Philippine state health insurance program struggles to recover from a ransomware and Air Canada reports a cyberattack. Also: an APT group uses the American Red Cross as bait and new malware targets would-be users of Bitwarden.
This week, Mixin Network investigated a $200 million hack; Web3 lost $889 million to hacks, phishing scams and rug pulls during the third quarter; hackers stole $8 million from HTX; Binance sought to dismiss the SEC wash trading case; and Nansen and OpenSea suffered third-party security incidents.
Welcome to "Cyber Fail" - ISMG's roundup of all that's broken in the world of cybersecurity, where our panel of experts uncovers the fails so we can strengthen our defenses. In this episode, ISMG host Anna Delaney takes on bumbling cybercrooks, avoidable breaches and the ethics of paying a ransom.
A medical center president and school district IT leader talked to lawmakers Wednesday about lessons learned from their experiences responding to harrowing ransomware attacks. 'The cyberattack was much harder than the pandemic by far,' said Vermont Medical Center President Stephen Leffler.
An apparently new hacking group has connections to a number of name-brand ransomware-as-a-service groups including Conti spinoffs and possibly Clop, making it a notably versatile addition to the criminal underground. Group-IB researchers dubbed the group ShadowSyndicate.
The FDA has issued final guidance on how medical device makers should approach cybersecurity in their products to meet new requirements for including cyber details in their premarket product submissions. Starting Oct. 1, the FDA will "refuse to accept" submissions lacking those details.
A Chinese hacking group linked to state authorities has upgraded its capabilities to target companies with headquarters in the United States and East Asia, warns an alert from Japanese and American cyber agencies. The group, BlackTech, has a customized firmware backdoor tailored for Cisco routers.
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