lackBerry researchers are tracking a relatively new ransomware variant called "MountLocker" and the operators behind it, who are using affiliate cybercriminal gangs to help spread the malware, exfiltrate data and extort victims, sometimes for millions of dollars.
The latest edition of the ISMG Security Report features an analysis of why the FireEye breach is a wake-up call for the cybersecurity industry. Also featured: Monero cryptocurrency scams; key considerations for cloud security.
What critical factors should organizations consider before taking the step of paying extortionists a ransom in hopes of regaining access to systems or avoiding the release of data in the wake of a ransomware attack? Former FBI special agent Vincent D'Agostino provides guidance.
"Molerats," an Arabic-speaking advanced persistent threat group that has been targeting victims for several years, is now abusing Facebook accounts, as well as other cloud-based platforms, to deploy previously undocumented malware as part of an ongoing espionage campaign, according to Cybereason.
An ongoing spear-phishing campaign is spoofing the official Microsoft.com domain name and targeting users of the company's Office 365 suite, according to security firm Ironscales. Fraudsters are likely using these attacks to harvest credentials.
Alexander Vinnik, a Russian national who founded the now-defunct BTC-e cryptocurrency exchange, has been found guilty of money laundering in France and has been sentenced to five years in prison, according to media reports. He faces additional charges in the U.S. and Russia.
President Donald Trump on Friday signed into law the Internet of Things Cybersecurity Improvement Act of 2020, the first U.S. federal law addressing IoT security. The act requires federal agencies to only procure devices that meet minimum cybersecurity standards.
Are insurers getting cold feet over covering losses to ransomware? With claims due to ransomware skyrocketing, some insurers have reportedly been revising offerings to make it tougher for companies to claim for some types of cybercrime, including extortion.
Hackers with possible links to Iran appear to have breached an unprotected human-machine interface system at an Israeli water reservoir that connected directly to the internet. The system appeared to lack security protocols, according to researchers with Otorio.
The U.S. National Security Agency is warning that Russian state-sponsored threat actors are attempting to exploit a known vulnerability in several VMware products, according to an alert. Federal agencies are urged to apply fixes as soon as possible.
As the time for distribution of COVID-19 vaccines comes closer, law enforcement agencies across the world are warning of organized crime threats, including schemes to sell counterfeit vaccines on the dark web, as well as physical and virtual attacks targeting supply chain companies.
Ransomware innovation seems to know no bounds, as crime gangs seek new ways to make crypto-locking malware ever more profitable. Beyond data-leak sites and affiliate programs, gangs have also been using call centers to cold-call victims, tell them they've been hit by ransomware and request payment.
Dutch HR firm Randstad and the public transportation agency of Vancouver, Canada, are continuing to recover from ransomware attacks. Both incidents appear to have involved Egregor ransomware, with Randstad reporting that data was exfiltrated and is now being leaked by attackers to try and force payment.
A source code flaw in the Google Play store platform could enable attackers to perform remote code execution for credential theft on several prominent apps, a new report by security firm Check Point Research finds.