Last week, fraudsters targeted two cryptocurrency platforms by accessing domains managed by GoDaddy, according to notices published by the victimized firms. The domain register company has had previously issues with unauthorized access.
The operators behind the Qbot banking Trojan are now deploying a recently uncovered ransomware variant called Egregor to target organizations across the world, according to researchers at Group-IB.
In the wake of the pandemic and the accelerated opening of digital accounts, fraudsters have changed their game to take advantage of financial institutions. But Kimberly White of LexisNexis Risk Solutions has new strategies and tools to help give institutions a fraud-fighting edge.
A Florida man has been sentenced to 37 months in prison after pleading guilty to a federal laundering money charge stemming from a $9 million business account takeover scheme, according to the Justice Department.
Researchers have identified a fresh variant of the Grelos skimmer that has co-opted the infrastructure that MageCart uses for its own skimming attacks against e-commerce sites, according to RiskIQ. The malware has been found on several small and mid-size e-commerce sites worldwide.
A U.S. unit of Italian-based eyewear maker and eye care center conglomerate Luxottica has reported a breach affecting over 829,000 individuals - the fourth largest health data breach added to the U.S. federal tally so far this year. It's unclear if a recent ransomware attack is related.
Fraudsters are increasingly using free Google services to create more realistic phishing emails and malicious domains that circumvent security filters, the security firm Armorblox reports.
A recently uncovered vulnerability in a class of Amazon Web Service APIs can be exploited to leak AWS identity and access management user and arbitrary accounts, according to Palo Alto Networks' Unit 42.
Although the global financial industry has made strides in protecting its data from malware, including Trojans, cyberthreats such as network intrusion, ransomware and criminal gang cooperation are presenting fresh challenges, according to the Carnegie Endowment for International Peace.
U.K. Prime Minister Boris Johnson announced Thursday the creation of a National Cyber Force designed to strengthen Britain's cybersecurity posture and give the country new defensive and offensive capabilities. Some security experts, however, are raising concerns about recruiting enough qualified staff members.
Europol has arrested two Romanians for allegedly selling services - including malware encryption - that helped cybercriminals circumvent antivirus tools.
This edition of the ISMG Security Report features a discussion with Christopher Krebs, the recently fired director of the Cybersecurity Infrastructure Security Agency, on his accomplishments at the agency. Also featured are updates on ransomware gangs recruiting affiliates and healthcare supply chain risks.
"Has anyone witnessed any examples of criminals abusing artificial intelligence?" That's a question security firms have been raising. A new report has identified likely ways in which such attacks might occur and offers examples of threats already emerging
Some security experts say the United States' cybersecurity and overall defense posture are likely temporarily weaker because President Trump fired the leaders of the Cybersecurity and Infrastructure Security Agency and the Defense Department. But many remain confident defenses will be strong in the long run.
The Chinese hacking group "Cicada" is exploiting the critical Zerologon vulnerability in Windows Server as part of a cyberespionage campaign that's mainly targeting Japanese companies' locations around the world, according to the security firm Symantec.
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