Hackers have exploited a critical zero-day vulnerability in Progress Software's managed file transfer offering in several customer environments. Progress warned of a critical SQL injection vulnerability in MOVEit Transfer that allows for "escalated privileges and potential unauthorized access."
In the days between May 26 and June 1, Tornado Cash validators regained control, Tron patched a bug that could be exploited for $500 million, Binance said it will delist privacy coins in four European countries, Coinbase settled insider trading charges and Hong Kong police joined the metaverse.
Former members of the defunct Conti ransomware group are continuing to ply their trade under a variety of other guises, including Royal and Black Basta. Thanks to their agile and innovative approaches, post-Conti operations are "stronger than ever," one ransomware expert reports.
Cisco plans to make its third tuck-in cybersecurity acquisition of 2023 to protect email, cloud office applications and enterprise communications through natural language understanding. Cisco will take advantage of Armorblox's predictive and generative AI to help customers bolster their security.
Cisco Security Executive Vice President and General Manager Jeetu Patel said the industry struggles to address multifaceted attacks that originate in email and include bad links, malware downloads to a device and more. Cyber defenders need correlated data from multiple sources of telemetry, he said.
A recently emerged threat actor dubbed Dark Pink is updating its custom tool set in a bid to evade detection while expanding its operations to new Southeast Asian targets. Threat intel firm Group-IB counts 13 total victims of Dark Pink, which first became active in mid-2021.
Barracuda Networks is warning that a zero-day vulnerability that it recently discovered and patched in its Email Security Gateway appliances appears to have been exploited since October 2022. Attackers used the flaw to gain persistent remote access to networks and exfiltrate data, it said.
Many hospitals are still more reactive than proactive in terms of embracing recommended best practices that can advance their cybersecurity maturity level, said Steve Low, president of KLAS Research, and Ed Gaudet, CEO of consulting firm Censinet, who discuss findings of a recent benchmarking study.
How many hackers can claim to have caused a national cheese shortage, not least in the Gouda-loving Netherlands? Enter Mikhail Matveev, a Russian national who's been indicted for wielding not one but three strains of ransomware, in what experts say is a needed focus on ransomware affiliates.
Losses to fraud reported by Britain's financial services sector exceeded $1.5 billion in 2022, declining by 8% from 2021, says trade association UK Finance. About 40% of losses tied to authorized push payment fraud, in which victims get tricked into transferring funds to attackers.
Online sports retailer Sports Warehouse has agreed overhaul its security program and pay a $300,000 fine to New York State after hackers stole 20 years' worth of payment card data and customer information the company was storing in plaintext on its e-commerce server.
Check fraud is back although, technically, it never went away. Today, cybercrime groups are openly hawking fraudulent check schemes on the Telegram messaging app. Check fraud is easier and more accessible, and it’s back in the headlines. Experts say banks need to adopt new solutions to curb losses.
An insurance provider that services many state Medicaid agencies and the Children's Health Insurance Program told regulators that hackers compromised the personal and protected health information of nearly 9 million patients in an incident discovered in March.
Australian consumer lender Latitude Financial Services anticipates its spring cybersecurity incident will cost it up to AU$105 million, which includes a five-week period during which debt collection systems were severely affected by the attack.
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