The U.S. Federal Communications Commission has officially designated China's Huawei Technologies and ZTE Corp. as "national security threats," barring American telecommunications firms from using certain federal funds to buy their equipment, such as for building 5G networks.
Since the start of the COVID-19 pandemic, the number of brute-force attacks targeting RDP connections has steadily increased, spiking to 100,000 incidents per day in April and May, according to the security firm ESET. These attacks pave the way for launching ransomware attacks and planting cryptominers.
Is the Fxmsp hacking operation still in business? Experts say Fxmsp earned $1.5 million in illicit profits, thanks to a botnet-based business model that enabled the group to sell remote access to hacked networks. But then it advertised source code allegedly stolen from three anti-virus vendors.
How long does it take to become a reliable, trusted seller in the cybercrime-as-a-service ecosystem? For the Fxmsp hacking collective, experts say the answer is about a year. The group built a botnet that facilitated network intrusions and data exfiltration, but it was driven off cybercrime forums.
Eight U.S. cities recently had payment card data stolen via point-of-sale skimming malware on their Click2Gov online payment platforms, according to Trend Micro, which says five of those cities had already been victims of similar Magecart-style attacks in recent years.
The U.S. Department of Justice unsealed a superseding indictment against WikiLeaks founder Julian Assange that expands the scope of the government's case against him. Federal prosecutors now allege that Assange conspired with the Anonymous and LulzSec groups to obtain classified information to publish.
A massive DDoS attack generating 809 million packets per second was recently directed against a large European bank, according to the security firm Akamai, which describes in a new report the unusual approach the attackers took.
Police have confiscated $90 million from a company allegedly owned by Alexander Vinnik, who is accused of money laundering and defrauding individuals through BTC-e, a cryptocurrency exchange he controlled.
Enterprises need to move away from manual threat detection methods to leverage artificial intelligence, which can help boost defenses, says Dr. Jassim Haji, president of Artificial Intelligence Society, Bahrain Chapter.
Many ransomware gangs hell-bent on seeing a criminal payday have now added data exfiltration to their shakedown arsenal. Gangs' extortion play: Pay us, or we'll dump stolen data. One massive takeaway is that increasingly, ransomware outbreaks also are data breaches, thus triggering breach notification rules.
The recent leak of 269 GB of sensitive data from more than 200 police departments and the FBI could be a sign that law enforcement agencies are becoming a prime target for hackers, given recent civil unrest.