Bad news on the ransomware front: Victims that choose to pay attackers' ransom demands - in return for the promise of a decryption tool - last quarter paid an average of $84,116, according to Coveware. But gangs wielding Ryuk and Sodinokibi - aka REvil - often demanded much more.
U.K. officials reportedly are considering a proposal to allow China's Huawei to play a limited role in providing certain equipment for the country's 5G rollout, which would defy calls from the U.S. for a complete ban of telecom gear from the company.
The latest edition of the ISMG Security Report offers an analysis of fresh details on the hacking of Amazon CEO Jeff Bezos' iPhone. Also featured: an update on Microsoft's exposure of customer service records; a hacker's take on key areas of cyber hygiene.
It's a seductive story line: A chat app belonging to Saudi Arabia's crown prince is used to deliver malware to an American billionaire's phone. But a forensic investigation of Amazon CEO Jeff Bezos' phone raises more questions than it answers.
Emotet malware alert: The U.S. Cybersecurity and Infrastructure Security Agency says it's been "tracking a spike" in targeted Emotet malware attacks. It urges all organizations to immediately put in place defenses to not just avoid infection, but also detect lateral movement in their networks by hackers.
The mobile phone of Amazon CEO Jeff Bezos was hacked via a malicious file sent directly from the official WhatsApp account of Saudi Arabia's Crown Prince Mohammed Bin Salman, investigators have concluded. While the Saudis deny involvement, the United Nations has called for an immediate investigation.
Apple previously scuttled plans to add end-to-end encryption to iCloud backups, Reuters reports, noting that such a move would have complicated law enforcement investigations. But the apparent olive branch hasn't caused the U.S. government to stop vilifying strong encryption and the technology giants that provide it.
Britain's two largest telecommunications firms - BT and Vodafone - plan to lobby Prime Minister Boris Johnson to not fully ban Huawei hardware from the nation's 5G rollout, warning that doing so could delay their rollouts, the Guardian reports.
Mitsubishi Electric says hackers exploited a zero-day vulnerability in its anti-virus software, prior to the vendor patching the flaw, and potentially stole trade secrets and employee data. The Japanese multinational firm announced the breach more than six months after detecting it in June 2019.
Microsoft says it's prepping a patch to fix a memory corruption flaw in multiple versions of Internet Explorer that is being exploited by in-the-wild attackers, and it's issued mitigation guidance. Security firm Qihoo 360 says the zero-day flaw has been exploited by the DarkHotel APT gang.
The latest edition of the ISMG Security Report discusses why Britain is struggling to determine whether to use China's Huawei technology in developing its 5G networks. Plus: An update on a mobile app exposing infant photos and videos online and an analyst's take on the future of deception technology.
One gaping hole in the U.S. government's push to counter Chinese-built 5G telecommunications gear remains the lack of alternatives. But a bipartisan group of senators is seeking to create a $1 billion fund to create trusted, Western-built options.
A new Princeton University research paper finds that five major U.S. prepaid wireless carriers are leaving their customers open to SIM swapping attacks. The main culprit is weak account authentication procedures that attackers can easily exploit.
The British government continues to delay deciding whether it will ban Chinese networking gear from its national 5G rollout, as the Trump administration demands. But with future trade deals on the line as the U.K. navigates its "Brexit" from the EU, Britain cannot afford to anger either Beijing or Washington.
U.S. Attorney General William Barr is ratcheting up the pressure on Apple to unlock two iPhones belonging to a Saudi national who carried out a deadly shooting in December. The attorney general is labeling the shooting as an act of terrorism and says Apple is hampering a counterterrorism investigation.
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