Despite the value of cryptocurrency plummeting since 2017, cybercriminals and rogue nations are still using it to launder funds. One recently discovered scheme designed to evade AML detection is "crypto dusting," according to CipherTrace's Dave Jevans.
Japan plans to identity vulnerable internet of things devices the same way hackers do: by trying to log into them. The country wants to gauge its cybersecurity readiness for next year when it hosts the summer Olympics. If vulnerable devices are found, the plan is to notify device owners.
Special Counsel Robert Mueller's investigation into Russian interference in the 2016 U.S. presidential elections has led to 199 criminal charges, 37 indictments or guilty pleas and four prison sentences so far. But some key questions remain unanswered.
Roger Stone Jr., a longtime political adviser to President Donald Trump, has been arrested as part of Robert Mueller's Russian interference probe. Stone has been accused of lying to Congress about his communications with WikiLeaks over stolen Democratic Party documents and emails it published.
FBI agents say the government shutdown is impeding their investigations, including cybersecurity probes, with the lack of funding compromising their ability to pay confidential informants and obtain warrants or subpoenas.
As the value of cryptocurrency has plummeted, so too have the number of cryptomining infections being seen in the wild, reports security firm Malwarebytes. Taking its place, however, are criminals wielding advanced malware such as Emotet and Trickbot.
The U.S. Department of Homeland Security says executive branch agencies are being targeted by attacks aimed at modifying Domain Name System records, which are critical for locating websites and services. The warning comes as security companies have noticed a rise in DNS attacks.
Fresh strains of ransomware are being distributed by attackers who gain remote access to organizations' networks to infect them with Phobos, as well as via cracked-software sites that share adware installers inside which STOP ransomware has been hidden.
Banks in West Africa have been targeted by at least four hacking campaigns since mid-2017, with online attackers wielding commoditized attack tools and "living off the land" tactics to disguise their efforts, Symantec warns.
Cybercrime outfits appeared to take a vacation around the December holidays. But attacks involving Emotet, Hancitor and Trickbot have resurged following their December slowdown, as has the Fallout exploit kit, lately serving GandCrab ransomware.
Leading the latest edition of the ISMG Security Report is an in-depth look at why ransomware remains a pervasive threat and how it's evolving. Also featured: updates on venture capital investments in cybersecurity and a study of vulnerabilities in industrial remotes.
The U.S. Securities and Exchange Commission has charged seven individuals and two organizations with being part of an international scheme that hacked the SEC's EDGAR document system, stole nonpublic corporate information and used it to illegally earn $4.1 million via insider trading.
Ransomware attacks continue, with the city of Del Rio, Texas, saying its operations have been disrupted by crypto-locking malware. Meanwhile, CryptoMix ransomware urges victims to pay ransoms, claiming it will fund treatments for seriously ill children, while GandCrab gets distributed via malvertising attacks.