As ransomware-as-a-service operations continue to compete for affiliates, the operators behind LockBit have unveiled a new version of their crypto-locking malware boasting fresh features, some borrowed from rivals. Separately, a relatively unsophisticated newcomer called Hive has debuted.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the evolution of fraud trends and the challenges in implementing the "zero trust" framework in the OT environment.
The latest edition of the ISMG Security Report features an analysis of the cybercrime-as-a-service model and how law enforcement could potentially disrupt it. Also featured: T-Mobile probes a massive data breach; tackling abuse in the workplace.
A hacker stole $97 million in cryptoassets from the Japan-based cryptocurrency exchange Liquid. The attack came just days after a hacker stole $612 million from the crypto platform Poly Network.
A Nigeria-based ransomware gang is conducting a campaign that dangles a $1 million bribe - or a portion of any ransom collected - to employees of targeted organizations if they will install DemonWare ransomware on their corporate network.
Researchers at the security firm Cisco Talos have spotted an ongoing campaign using an updated variant of the "Neurevt" Trojan to target customers of financial institutions in Mexico.
The Brazilian government has confirmed that its National Treasury fell victim to a ransomware attack on Aug. 13. The scope of the incident remains unclear, although officials say it did not damage structural systems.
Israel-based digital intelligence company Cellebrite is halting sales to Bangladesh, citing human rights concerns. The move comes after the U.N. on Friday called for a moratorium on the sale of "life-threatening" surveillance technology, singling out Israel's NSO Group for criticism.
T-Mobile USA has confirmed that its systems were breached and that details for 7.8 million current T-Mobile postpaid customers and 850,000 prepaid customers as well as records for 40 million individuals who applied for credit were stolen.
T-Mobile USA has confirmed that attackers accessed its computer systems, but the mobile communications provider is still investigating whether customers' personal data was exposed. Cybercrime experts say the attackers apparently involved have been tied to previous crimes targeting telecommunications since at least...
The ransomware attack that targeted Colonial Pipeline Co. in May compromised the personal information of more than 5,800 individuals, mainly current and former employees, according to a breach notification letter.
The U.K. National Cyber Security Center has introduced a button that can be added to Microsoft Office 365 business accounts so users can directly report phishing emails to the center's Suspicious Email Reporting Service via Outlook. It has also introduced a tool for reporting scam websites.
T-Mobile USA says it is investigating a claim that as many as 100 million accounts may have been compromised in a data breach. The person who claims responsibility for the alleged breach says T-Mobile misconfigured a Gateway GPRS Support Node.
The London High Court has ordered the cryptocurrency exchange Binance to attempt to identify and freeze accounts belonging to the attackers who allegedly stole about $2.6 million from U.K.-based Fetch.ai.
Initial access brokers continue to sell easy access to networks. Given the uptake of such access by ransomware operations over the past year, one surprise is that relatively few individuals appear to be serving as brokers, which, of course, makes them an obvious target for law enforcement authorities.
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