Danish shipping giant Maersk faces losses of $200 million to $300 million as a result of the NotPetya global malware outbreak. Others, including FedEx and household goods manufacturer Reckitt Benckiser, are also beginning to estimate NotPetya's financial impact on their business.
For just $80 per day, would-be cybercrime entrepreneurs can subscribe to Disdain, a new exploit kit that targets now-patched flaws in browsers and plug-ins, including Flash and WebEx. Disdain's debut shows that while exploit kits may have declined, they haven't died out.
The British security researcher credited with stopping the WannaCry ransomware outbreak pleaded not guilty Monday to charges that he developed and sold a type of malicious software that steals online banking credentials.
In this latest edition of the ISMG Security Report we learn more about certain Siemens medical devices containing vulnerabilities that could allow hackers to remotely execute arbitrary code. Also: a report on Kaspersky Lab dropping its complaint against Microsoft and part 2 of an election security interview.
Healthcare organizations can learn important lessons - including the need for granular data access control - from the costly proposed settlement of the breach lawsuit against health insurer Anthem, says Bill Fox, a former federal prosecutor.
Kaspersky Lab says it will withdraw antitrust complaints it filed against Microsoft over how Windows handles third-party security products, defusing a yearlong dispute. Microsoft says it will work closer with security companies to ensure compatibility with Windows.
Security vendors are known to sprinkle hyperbole among their claims. But the strategy has backfired for DirectDefense, which mistakenly cast endpoint protection vendor Carbon Black as a contributor to the "world's largest pay-for-play data exfiltration botnet."
The latest edition of the ISMG Security Report leads with a report on the charges brought against Marcus Hutchins, the "accidental hero" who stoped the WannaCry malware outbreak. Also featured: reports on advances in attribution and new legislation to secure vulnerable medical devices.
Cybersecurity researcher Marcus Hutchins will plead not guilty in federal court to charges relating to creating and selling banking malware called Kronos. Some in the security community think the FBI may have confused legitimate research activities with criminal behavior.
Maxim Senakh, who was extradited from Finland to the United States to face charges related to Ebury botnet attacks, has been sentenced to serve nearly four years in federal prison, after which he will be deported to his native Russia.
British national Marcus Hutchins, aka "MalwareTech," has been arrested by the FBI on charges relating to the distribution of the Kronos banking Trojan. Hutchins is the "accidental hero" who singlehandedly defused the WannaCry ransomware outbreak.
The front line to battle Russian hackers is shifting to American courts, according to the lead story in the latest edition of the ISMG Security Report. Also, malware targets Apple's operating system and a preview of the ISMG Fraud and Breach Prevention Summit in New York.
Spain has approved a U.S. extradition request for Russian national Stanislav Lisov, who's been charged with helping to organize and profit from a prolific banking Trojan called Neverquest. He's the latest in a long line of suspected Russian hackers to be detained while vacationing abroad.
Gartner's Avivah Litan, a featured speaker at ISMG's Fraud and Breach Prevention Summit in New York on Aug. 8, says hacker attribution is taking on new importance, as traditional methods of determining attack risk and detection linked to indicators of compromise are no longer effective.