Business email compromise scams continue to proliferate around the globe, with the U.S. now second only to Nigeria as a home base for the cybercriminal organizations waging the campaigns, according to a study by the security firm Agari.
Norway this week accused Russia of hacking the email system of the country's parliament, known as the Storting, in September. Russia calls the accusation "unacceptable."
Despite the takedown of the Trickbot botnet by Microsoft and others Monday, the malware is still functioning, and its operators retain the tools needed to rebuild their malicious network, some cybsersecurity experts say. So the impact, while significant, could prove to be temporary.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
Those selling "network access" on underground forums are adjusting their business models to take advantage of the huge influx of ransomware gangs that are looking for easier and more efficient ways to gain access to their targets, Accenture reports.
Citing a new government report, some U.K. lawmakers are demanding that efforts to remove Huawei's equipment from the country's 5G networks should be sped up. But some security experts question whether those concerns are legitimate.
Stop me if you think that you've heard this one before: The U.S., U.K. and some allied governments are continuing to pretend that criminals will get a free pass - and police won't be able to crack cases - so long as individuals and businesses have access to products and services that use strong encryption.
Microsoft collaborated with cybersecurity companies and government agencies to take down the million-device Trickbot botnet in an effort to help protect the Nov. 3 U.S. election and stop the global spread of ransomware and other malware.
Artificial intelligence and machine learning offer the best hope for addressing the risks posed by synthetic identities, says Justin Davis, fraud manager at Digital Federal Credit Union.
Plaintiffs in the patent infringement case Centripetal Networks v. Cisco Networks won the day thanks to clear testimony and using Cisco's own technical documents in unaltered form. By contrast, the judge slammed Cisco for offering disagreeing witnesses and attempting to focus on old, irrelevant technology.
CISA is warning that sophisticated hacking groups are chaining together vulnerabilities, such as the recent Zerologon bug and other flaws, to target state and local government networks. In some cases, attackers gained access to election support systems.
While most payment card skimming attacks zero in on ecommerce sites for consumers, a newly discovered attack targeted PlayBack Now, an online video conferencing firm, Malwarebytes reports.
A hacking group is taking aim at industrial targets in an ongoing cyberespionage campaign, security firm Kaspersky reports. The group, dubbed "MontysThree," uses a variety of techniques, including steganography, to avoid detection.
The latest edition of the ISMG Security Report analyzes why clothing retailer H&M was hit with a hefty fine for violating the EU's General Data Protection Rule. Also featured: The coming of age of digital identities; deputy CSO at Mastercard on top priorities for 2021.
What are the top cyberthreats facing the financial services sector? Valerie Abend of Accenture describes the findings of a new report on the subject in an in-depth interview.
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