An Estonian national accused of causing more than $53 million in ransomware losses has been sentenced to U.S. federal prison for furthering and facilitating computer intrusions, the movement of fraudulently obtained goods and funds, and the monetization of stolen financial account information.
The ban on cryptocurrency transactions in China has led many users in the country to look for alternatives. But researchers from cybersecurity firm ESET say that threat actors have leveraged this scenario and targeted Chinese users by delivering Trojanized cryptocurrency wallet apps.
As President Joe Biden visits Europe this week, the U.S. and the European Commission announced they have agreed in principle to a new Trans-Atlantic Data Privacy Framework. Officials say it will foster cross-border data flows and address concerns raised by the EU Court of Justice in 2020.
In the latest weekly update, editors at Information Security Media Group discuss important cybersecurity issues, including the White House warning about escalated cyberthreats from Russia, the impact of the Russia-Ukraine war on the healthcare sector and why combating SIM swap fraud remains challenging.
Online attackers are increasingly targeting the financial services sector. John Fokker, head of cyber investigations at Trellix, says his firm has charted a 22% quarterly increase in ransomware attacks on financial services, and APT detections have risen by 37%. Here's how the industry must respond.
Police in London say they've arrested seven people that the BBC reports are tied to the Lapsus$ hacking group, which has claimed responsibility for data breaches involving Okta, Microsoft, Nvidia, Ubisoft and more. The names of the suspects, who are mostly teenagers, have not been released.
The Health Information Sharing and Analysis Center is closely assessing the Russia-Ukraine war to assist its members, as well as other healthcare sector entities, to prepare for the potential known and yet-unknown cybersecurity threats that could affect them, says H-ISAC President Denise Anderson.
In this interview with Information Security Media Group, Tony Richards, Office of the CISO, Google Cloud, and Tim Erridge, Vice President of Services, Unit 42 Palo Alto Networks, discuss how security leaders can strengthen their threat intelligence programs to successfully preempt future attacks.
The U.S. Department of Justice has indicted a 23-year-old Russian national for operating a cybercriminal marketplace that sold thousands of stolen login credentials, PII and authentication tools, according to U.S. Attorney Brit Featherston of the Eastern District of Texas.
The number of major health data breaches posted to the federal tally so far in 2022 - and the total number of individuals affected by those breaches - has surged in recent weeks as reports of large hacking incidents continue to flow in to regulators.
IT officials from Ukraine continue to call out alleged Russian cyberattacks. This comes as hacktivists have taken matters into their own hands in the digital underground. Also: NATO pledges additional cyber support, while President Joe Biden urges U.S. governors to bolster defenses.
The latest edition of the ISMG Security Report reviews the latest cyber resilience "call to action" from the White House and also explores authentication provider Okta's failure to inform hundreds of customers in a timely manner that their data could have been stolen by the Lapsus$ group.
A public health department and a medical specialty practice are among the latest entities reporting major hacking incidents affecting tens of thousands of individuals' sensitive health information. Some experts say the breaches follow disturbing, evolving cyber trends.
Just days before U.S. President Joe Biden warned that intelligence is pointing toward potential Russian cyberattacks against the U.S., the FBI reportedly issued an urgent bulletin contending that Russian IP addresses have conducted network scanning activity on at least five U.S. energy firms.
HubSpot announced it had been the victim of a data breach resulting in the leak of client information for around 30 companies. Cryptocurrency organizations made up the bulk of the potential victims, and those companies are advising account holders to be on the lookout for phishing and other scams.
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