A new, free decryptor has been released for "aggressive" crypto-locking ransomware called GandCrab. Researchers say GandCrab has come to dominate the ransomware-as-a-service market, earning its development team an estimated $120,000 per month.
With at least 20 billion new consumer devices set to be internet-connected by 2020, initiatives in the U.K. and California are trying to ensure that as many IoT devices as possible will be out-of-the-box secure, for starters by not shipping with default passwords.
Memo to hackers: Boasting about your exploits on social media channels is a good way to get caught. Indeed, Italian police say they busted a suspected hacker after he bragged not only about defacing the NASA home page but also about being part of a group calling itself "Master Italian Hackers Team."
Warning: Attackers behind the recently revealed Facebook mega-breach may still be able to access victims' accounts at some third-party web services and mobile apps, and Facebook has offered no timeline for when a full lockdown might occur - although there are no signs of third-party account takeovers.
While Facebook has invalidated 90 million users' single sign-on access tokens following a mega-breach, researchers warn that most access token hijacking victims still lack any reliable "single sign-off" capabilities that will revoke attackers' access to hyper-connected web services and mobile apps.
Facebook says that whoever hacked 50 million user accounts, putting the privacy of those users' personal data at risk, did so by abusing its "View As" privacy feature. Facebook says the attack successfully targeted three separate bugs in its video-uploading functionality.
Massive, well-resourced companies are still using live customer data - including their plaintext passwords - in testing environments, violating not just good development practices but also privacy laws. That's yet another security failure takeaway from last year's massive Equifax breach.
The Forum of Incident Response and Security Teams recently announced the release of new training resources to help organizations build and improve product security incident response teams. Damir "Gaus" Rajnovic of FIRST discusses the global need for these resources.
What advice does the world's first CISO have for the current generation of CISOs? Stephen Katz emphasizes, first and foremost, that cybersecurity must be treated as a business risk management issue rather than a technology issue. He'll be a featured speaker at ISMG's Security Summit in New York Aug. 14-15.
This edition of the ISMG Security Report features Elvis Chan, a supervisory special agent at the FBI, discussing ongoing efforts to thwart Russian interference in the U.S. midterm election this fall, and Alberto Yepez of ForgePoint Capital addressing cryptocurrency security issues.
The difficulty in hiring new information security personnel and need to combat the ever-rising number of threats is driving many organizations to seek increased incident response automation, and in many cases to get it by working with managed security service providers, says AlienVault's Mike LaPeters.
Recent failures of IT systems at some major airports and banks are a reminder that as an organization launches a digital transformation project, or seeks to move more of its processes to the cloud, those efforts won't necessarily proceed smoothly or securely, says Skybox Security's Justin Coker.
The annual Infosecurity Europe conference returns to London this week, with a focus on the latest cybersecurity trends and essential practices for organizations. Hot topics range from artificial intelligence and breach response to GDPR and battling cybercriminals and nation-states.