ISMG caught up with 11 security executives in Las Vegas on Tuesday to discuss everything from open-source intelligence and Web3 security to training new security analysts and responding to directory attacks. Here's a look at some of the most interesting things we heard from industry leaders.
North Korean state-sponsored theft of cryptocurrency could intensify once cryptocurrency becomes accepted as a means of payment settlement, said a panelist at a think tank event in Washington. The United States and South Korea in 2021 committed to enhanced collaboration over cybercrime.
Cybercriminals monitor leak sites for newly listed ransomware victims in a bid to try their own hand at dropping encryption malware, says Sophos. The cybersecurity firm says it's seen an uptick in incidents involving multiple criminal gangs demanding a ransom for unencrypted victims' files.
A high-ranking employee at Bitcoin Mercantile Exchange, or BitMEX, has pleaded guilty to violating the Bank Secrecy Act, which requires financial institutions to help prevent money laundering. The plea by Gregory Dwyer follows BitMEX's three founders all pleading guilty to the same charge.
The ongoing Russia-Ukraine war has featured cyber operations being used to target Ukraine as well as Russia. But CyberPeace Institute, which tracks cyberattacks tied to the conflict, has so far seen 27 different countries being affected by more than 300 attacks, and many have affected civilians.
A future without passwords is not far off. This is bad news for cybercriminals who aim to steal credentials and good news for your IT team – which spends way too much time handling password resets, account unlocks, and other password-related requests. Find out what alternative authentication methods are available...
Combining the back-end data analytics of Google Chronicle with Mandiant's ability to identify signals of abnormal behavior on the front-end is an unbeatable combination, John Watters says. Google agreed in March to purchase threat intelligence and incident response titan Mandiant for $5.4 billion.
President and CEO Hatem Naguib expects Barracuda Networks to pursue more midmarket growth opportunities in both North America and internationally under private equity firm KKR's tutelage. The company will move from Thoma Bravo to KKR's control for a reported $4 billion in a deal announced in April.
Sandy Carielli, principal analyst at Forrester, shares research on the latest bot management trends. Forrester found that while bots affect security, e-commerce, marketing, fraud and other teams, security professionals are still the most common bot management users.
James Foster has been swimming against the current for months, taking ZeroFox public by merging with a special-purpose acquisition company despite the worsening economic conditions. The Nasdaq Stock Exchange listing makes ZeroFox the first cybersecurity company to go public in all of 2022.
What makes authorized payment scams hard to detect? The speed and volume of transactions hinders banks in monitoring for fraud, but David Lott, payments risk expert with the Federal Reserve Bank of Atlanta, says educating customers and leveraging the right technology can help reduce scams.
Twilio, which runs a customer engagement platform used by thousands of businesses, says that its employees were tricked via SMS phishing messages into giving attackers their login credentials, resulting in the theft of information on customers, as well as their customers and end users.
In this episode of "Cybersecurity Unplugged," Yonatan Khanashvili describes in detail how Golden Security Assertion Markup Language attacks occur and how SOC platforms with much greater capacity to cross-correlate data than legacy SIEMs can help defenders detect and hunt for them.
Twitter confirms that a zero-day vulnerability allowed threat actors to gain access to the personal information of 5.4 million user account profiles. The company was notified about this specific vulnerability in Twitter's systems through its bug bounty program in January.
Accused cryptocurrency money launderer Alexander Vinnik made his first appearance in U.S. federal court today. The Russian national faces 55 years imprisonment for his alleged involvement in laundering hacking proceeds through Bitcoin on the BTC-e cryptocurrency exchange.
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