As senior correspondent for Information Security Media Group's global news desk, Ishita covers news worldwide. She previously worked at Thomson Reuters, where she specialized in reporting breaking news stories on a variety of topics.
Fraudsters are using a revamped version of the Alina Trojan to target Windows-based POS devices to steal payment card data, according to Century Link's Black Lotus Labs. The malware operators are using unsecured DNS protocols to exfiltrate the data.
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.
A Russian national charged in connection with co-creating the Infraud Organization's online cybercrime forum that sold stolen payment card data and was tied to $530 million in fraud losses has pleaded guilty.
A hacking group dubbed CryptoCore has stolen more than $200 million in virtual currency from several cryptocurrency exchanges over the past two years, the security firm ClearSky Cyber Security reports.
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.
The surge in phishing campaigns and other types of fraud using COVID-19 themes has diminished in recent weeks, according to the Microsoft Threat Protection Intelligence Team, which asserts in a new report that such campaigns were never a dominant threat.
The developers behind TrickBot have updated it to run from an infected device's memory to help better avoid detection, according to researchers at Palo Alto Network's Unit 42. The use of this malware has increased during the COVID-19 pandemic.
A recently revamped version of the Valak strain of malware is targeting Microsoft Exchange servers in the U.S. and Germany, according to recent research from Cybereason. The malware has been redesigned to act as an information stealer that can extract corporate data.
The FBI has arrested another alleged member of the FIN7 cybercrime gang, which has been stealing millions of payment cards and other financial data since at least September 2015. It's the fourth arrest of those tied to the group.
Two years after it was last seen in February 2018, ZLoader banking malware has resurfaced, with cybercriminals wielding a new version that gets distributed via email campaigns, security firm Proofpoint warns.
Some fraudsters waging phishing campaigns are using fake websites hosted on Google's Firebase Storage service in an attempt to harvest credentials, according to Trustwave, which notes the phishing emails contain links to the service to make them look more credible.