The U.S. Department of the Treasury unveiled additional steps to curb the illicit use of cryptocurrencies on Friday, warning enterprises not to engage with sanctioned entities exploiting the financial system - particularly to launder ransomware proceeds.
Researchers at Morphisec Labs have published fresh details about a new MirrorBlast campaign that they say is run by a Russia-based threat group TA505, targeting financial services organizations. The campaign delivers MirrorBlast via a phishing email that contains malicious links.
On one hand, 60% of survey respondents rate their institutions as "above average" or "superior" when it comes to mitigating fraud. Yet, 55% say their customers and partners lack sufficient awareness to protect themselves from fraud. Appgate's Bryan Jardine analyzes the Faces of Fraud survey results.
U.S. federal agencies issued a joint advisory around potential cyber threats to the nation's water facilities. They cite "ongoing malicious cyber activity - by both known and unknown actors - targeting the IT and OT technology networks, systems and devices" of U.S. water and wastewater systems.
Government authorities in Israel are warning healthcare sector entities in the country of potential cyberattacks after a ransomware attack this week on Hillel Yaffe Medical Center in the city of Hadera. The hospital said it is "using alternative systems" to care for its patients.
In this update, four editors discuss key cybersecurity issues, including addressing the complexity of security, the rising number of victims targeted by double extortion ransomware and the Information Commissioner's Office's recent consultation on creating an international data transfer agreement.
A free decryptor for BlackByte ransomware has been released by security researchers at Trustwave who cracked the crypto-locking malware's encryption. But they say that unfortunately, the underlying encryption problem is likely in the process of already being fixed by the malware's developer.
The latest edition of the ISMG Security Report features an analysis of attempts made by European law enforcement to encourage young cybercriminals to channel their skills in more ethical ways. Also featured: Fraud detection and response; inspiring behavioral change.
Democratic lawmakers on the House Committee on Energy and Commerce announced legislation that would rein in tech algorithms on platforms exceeding 5 million monthly viewers. This follows a high-profile whistleblower case heard before Congress on Facebook's allegedly questionable data policies.
MITRE, the not-for-profit organization that works across governmental and federal agencies, as well as various industrial verticals and academia, has set up The Cyber Infrastructure Protection Innovation Center and The Clinical Insights Innovation Cell to protect healthcare.
The American Osteopathic Association has just begun notifying nearly 28,000 individuals about a June 2020 data exfiltration incident involving their personal information. The medical professional organization says workforce challenges during the pandemic led to the notification delay.
Australia plans to require businesses with more than $10 million in revenue to report ransomware attacks to the government, part of a comprehensive strategy to fight the attacks that also includes new criminal penalties and assistance to victims. The plan would need to be passed by Parliament.
The breach of text message routing giant Syniverse revealed yet another supply chain attack involving a key supplier, exacerbated by outdated communications protocols desperately in need of a security revamp and better incentives for improvement, says mobile telephony security expert Karsten Nohl.
The White House National Security Council this week kicked off its international counter-ransomware event with participation from more than 30 nations. This gathering aims to elevate both law enforcement collaboration and diplomatic efforts. Noticeably absent from the summit: Russia.
A flurry of hacking incidents and other recent breach developments highlight the cyberthreats and risks facing fertility healthcare and other related specialty providers that handle sensitive patient information.
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