VMware's Tom Kellermann is out with Modern Bank Heists 5.0, his latest look at the attackers and attacks targeting financial services. Subtitled "The Escalation," this report looks at the increase in destructive attacks, ransomware and hits on cryptocurrency exchanges. Kellermann shares insights.
Hours after global cryptocurrency exchange Currency.com announced it was halting operations in Russia, it faced - and thwarted - a distributed denial-of-service attack. The company's founder, Viktor Prokopenya, says the firm's "servers, systems and client data remained intact and uncompromised."
Security orchestration, or SOAR - Security Orchestration, Automation and Response, as it is known to some - is still an area in development, so there are misconceptions about its scope of use and effectiveness for a SOC team. Claudio Benavente discusses the top five security orchestration myths.
Decentralized credit-based stablecoin protocol Beanstalk was the victim of "a theft of about $76 million in non-Beanstalk user assets." The Ethereum-based protocol did not specify what those assets included, but blockchain security firm PeckShield says the total losses are likely $182 million.
Obsidian Security has closed a Series C funding round to prevent session hijacking on more platforms and increase the number of SaaS applications being defended. Obsidian wants to go from protecting 25 major SaaS applications today to safeguarding hundreds of SaaS applications in a year or two.
Ronin Network, which powers the popular NFT game Axie Infinity, announced it had been the victim of a security breach that amounted to about $615 million in stolen funds. The company tweeted that the attacker's wallet had been connected to Binance and that an investigation is currently underway.
New Cobalt CEO Chris Manton-Jones plans to push upmarket and go after enterprise customers and leverage automation and self-service to accelerate product growth. He replaces founder Jacob Hansen, who had served as CEO since Cobalt's inception in 2013 and will remain with the firm as a board member.
A week after Microsoft announced the Windows Autopatch feature and declared that, come July, the tradition of Patch Tuesday will end, it's Patch Tuesday again, and the company has issued more than 100 security fixes for software that resolve critical issues, including two zero-day vulnerabilities.
Last week, the U.S. Department of Justice said that law enforcement authorities had made "one of the largest cryptocurrency forfeiture actions ever filed by the United States," confiscating about $34 million worth of cryptocurrency "tied to illegal dark web activity." Here's how they made it happen.
Targeted attacks on a Ukrainian energy facility have been confirmed by CERT-UA. In a joint operation carried out by the Ukrainian CERT with security companies Microsoft and Eset, it was found that an ICS-capable malware and several regular disk wipers were used in the attack.
Acting Comptroller of the Currency Michael J. Hsu says there are compelling arguments for a centralized U.S. stablecoin, but there are also high risks associated with it. Some security experts question whether the technology has advanced enough and consider stablecoin risks.
Starting in July, the second Tuesday of every month will "just be another Tuesday," Microsoft says. After releasing patches for vulnerabilities in its software every second Tuesday of every month since 2016, Microsoft says it is now set to roll out automatic updates. Some security experts weigh in.
As use of Apple devices has grown in the enterprise, the company has increasingly become a target for malware threats and other attacks. ISMG spoke with experts and CISOs about the seriousness of these threats and what organizations can do to mitigate the risks.
Ditch the old “castle-and-moat” methods. Instead, focus on critical access points and assets, making sure each individual point is protected from a potential breach.
A group of fraudsters made more than $1.6 million in a massive scam using fake cryptocurrency giveaway YouTube streams attracting more than 165,000 viewers. The campaign also exploited the names of Vitalik Buterin, Elon Musk, Michael Saylor and other crypto enthusiasts.
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