The U.S. Secret Service is combining its electronic and financial crime units into a single task force that will focus on investigating cyber-related financial crimes, such as BEC schemes and ransomware attacks. The move comes as lawmakers push for the Secret Service to take a more active role in fighting cybercrime.
The developers behind the Purple Fox fileless downloader malware recently upgraded their operation and are now targeting two new vulnerabilities to gain access to networks, according to a report by security firm Proofpoint.
Ransomware-wielding attackers continue to pummel organizations. But labeling these as being just ransomware attacks often misses how much these incidents involve serious network intrusions, exfiltration of extensive amounts of data, data leaks and, as a result, reportable data breaches.
Researchers with FortiGuard Labs have uncovered two samples of the Ekans ransomware strain that offer some additional insight into how the crypto-locking malware targets industrial control systems, according to a new report. Ekans, also known as Snake, was first spotted earlier this year.
The Sodinokibi ransomware gang is targeting point-of-sale payment device software after infecting networks with its crypto-locking malware, according to Symantec.
The Evil Corp cybercrime group, originally known for the Dridex banking Trojan, is now using new ransomware called WastedLocker, demanding ransom payments of $500,000 to $1 million, according to security researchers at NCC Group's Fox-IT.
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.
Hackers wielding Nefilim ransomware are targeting unpatched or poorly secured Citrix remote-access technology, then stealing data, unleashing crypto-locking malware and threatening to dump data to try to force payment, New Zealand's national computer emergency response team warns.
The latest edition of the ISMG Security Report discusses recent research on the cyberthreats in multicloud environments and how to mitigate them. Also featured: A ransomware risk management update; tips on disaster planning.
The Maze ransomware gang is continuing to exfiltrate data from victims before crypto-locking their systems, then leaking the data to try to force non-payers to accede to its ransom demands. Don't want to play ransomware gangs' latest games? The only way to opt out is by planning ahead.
Semiconductor manufacturer MaxLinear confirmed this week that it was hit by the Maze ransomware gang in April and some "proprietary information" was exfiltrated and personally identifiable information exposed.
If your organization gets hit by ransomware, what should happen next? Ideally, organizations will get help to identify the best response, says Kroll's Alan Brill. He notes that many organizations are now carrying cyber insurance coverage, in part, to gain rapid access to incident response tools and expertise.
Scammers are looking to capitalize on the extortion campaigns being conducted by the Maze ransomware gang and others by demanding thousands of dollars in ransom to not release data they claim to have exfiltrated when in fact no attack took place and no data was removed, according to security firm WebARX.
Southeast Asia has become a hotbed for cybercrime activities, says Anthony Bargar, former deputy CISO of the U.S. Department of Defense, who says enterprises in the region need to take a collaborative defense approach to respond to this new threat environment.
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