A Ukrainian national who admitted to working as a system administrator and IT manager for the notorious FIN7 cybercriminal gang, which has been involved in the theft of millions of payment cards, has been sentenced to 10 years in federal prison.
Criminals continue to target ATMs with black boxes to run cash-out attacks and use explosives to get cash out of machines. But during the pandemic, most other types of attacks used to target ATMs, payment terminals and point-of-sale devices sharply declined, a new European study shows.
The Babuk ransomware gang launched a public relations campaign Saturday, posting a message on its website saying it had repaired a defect in the decryptor it provides to victims who pay the ransom demand.
The University of Hertfordshire has sustained a cyber incident that severely affected students' online classes and an assignment submission portal. The university, however, notes the incident did not lead to data theft.
While the Biden administration is betting that the latest round of sanctions aimed at Russia and its economy will help deter the country's cyber operations, several U.S. agencies used the sanctions announcement as an opportunity to pull back the curtain on the tactics of Russia's Foreign Intelligence Service.
The NBA's Houston Rockets reported on Wednesday that the organization was recently hit with a ransomware attack for which the Babuk cyber gang has taken responsibility. Babuk ransomware is known to be buggy and cannot always be decrypted - even with the proper key.
Four editors at Information Security Media Group discuss important cybersecurity issues, including Facebook’s latest data leak and how adversaries continue to innovate and evolve.
Codecov, a company that tests software code prior to release, has notified customers that attackers had access to its network for a month and placed malware in one of its systems, which may have led to the exfiltration of customers' information.
The latest edition of the ISMG Security Report features an analysis of whether the FBI removing malicious web shells from hundreds of compromised Microsoft Exchange Servers could set a precedent. Also featured is a description of an unusual fraud scam plus an update on security product development trends.
Ireland's privacy regulator has launched an investigation into Facebook after personal information for 533 million of the social network's users appeared for sale online. It will analyze whether Facebook violated the country's data protection law or the EU's General Data Protection Regulation.
The Biden administration has formally sanctioned Russia over the cyber operation that targeted SolarWinds and its customers as well as the disinformation campaign against the 2020 U.S. elections. The NSA and other agencies also attributed the SolarWinds attack to Russia's Foreign Intelligence Service, or SVR.
Hackers with apparent ties to North Korea who hit e-commerce shops via Magecart-style attacks to steal payment card data also tested malicious tools for stealing cryptocurrency, reports cybersecurity firm Group-IB. Such functionality could trick customers into paying with cryptocurrency.
To help mitigate the risks of state-sponsored cyberattacks against India's critical infrastructure - and improve detection and response - requires industry collaboration and information sharing, root cause analysis with specialized forensics, and better testing of code, a panel of experts says.
Cybercriminals, likely backed by nation-states, are expanding global spear-phishing campaigns targeting the COVID-19 vaccine "cold chain" in an attempt to steal credentials so they can gain "privileged insight" into sensitive information, the IBM Security X-Force says in an updated report.
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