Barracuda is out with its latest Spear Phishing Update,
and among the key findings: a rise in email account
takeover and lateral phishing. Why are enterprise
defenses failing to detect these strikes? What new
solutions will improve defenses?
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Highlights of the Q2...
British police have auctioned off bitcoins and other cryptocurrencies seized from a U.K. teenager who participated in the hack of the London-based telecommunications firm TalkTalk in 2015. The auction netted $294,000, which will be used by law enforcement to help fund crime-fighting efforts.
The U.S. imposed fresh sanctions on a close ally of Russian President Vladimir Putin and six employees of a notorious propaganda agency, who have all been accused of using social media to try and influence the 2018 midterm elections. The U.S. government hopes the sanctions will deter further attempts.
"Cyberattacks are one of the unfortunate realities of doing business today," reads gaming company Zynga's data breach notification, thus breaking the first rule of crisis management: Own your mistakes. Hacker Gnosticplayers claims the company was still storing passwords using outdated SHA1.
An unspecified malware attack against the IT systems of Rheinmetall's automotive division in Brazil, Mexico and the U.S. is costing the company an estimated $4 million a week, the company says. It's one of several attacks over the last two weeks affecting defense contractors.
Delayed enforcement of the "strong customer authentication" requirements for online transactions under the European Union's PSD2 regulation is hampering efforts to enhance security. That's why the European Banking Authority should act quickly to develop a new timeline.
The city of Baltimore's ransomware outbreak - $18 million in costs and counting - led to many crypto-locked files being lost forever, because no IT policy mandated centralized file backups. But effective IT solutions exist to help solve this challenge, provided they're deployed in advance of an attack.
More proof that when it comes to crime, there's nothing new under the sun: Federal prosecutors have charged two men with attempting to extort cryptocurrency worth more than $12 million from a startup firm planning to undertake an initial coin offering, in part via physical intimidation.
The U.S. electric grid is growing increasingly vulnerable to cyberattacks from countries such as Russia, and a well carried out attack on the grid could cause widespread power outages, according to a new GAO audit. Industrial control systems are particularly vulnerable.
Two Kazakhstan nationals have pleaded guilty to charges stemming from their role in helping to run a $29 million online advertising fraud scheme that the FBI worked with several security firms to shut down in 2018.
Food delivery startup DoorDash says 4.9 million customer, contractor and merchant records were breached after "unusual activity" by a third-party service provider. Even aside from the usual identification data, experts say certain data - such as food allergies - could pose risks in the wrong hands.
The latest edition of the ISMG Security Report features an analysis of Donald Trump's comments about "the server" in a discussion with the president of Ukraine. Also: insights on "privacy by design" and highlights of ISMG's Cybersecurity Summit in Toronto.
A threat group has been targeting U.S. veterans through a spoofed website promising help for those looking for jobs, according to research from Cisco Talos. Instead of providing job links, however, the phony website installs malware and spyware on a victim's device.
The Russia-based cyberespionage group Fancy Bear, which has led high-profile cyberattacks against governments and embassies over the last several years, has launched a phishing campaign that includes a redesigned backdoor, according to research from security firm ESET.