The FBI is warning the U.S. higher education sector about compromised sensitive credentials and network access information advertised for sale across various public and Dark Web forums. The agency states that this access to credentials could potentially lead to a cyberattack.
Many enterprises conduct fraud investigations on a regular basis but do not get value from them, says Richard Plansky, North America regional managing director for forensic investigations and intelligence practice at Kroll. He discusses the need for the right tools to investigate fraud.
The City of Quincy, Illinois' administrative systems were hit by a ransomware attack on May 7, confirmed Mayor Mike Troup in a press conference held on Tuesday. Consulting fees and a ransom were paid but critical services continued to operate throughout the incident.
Four editors at Information Security Media Group discuss highlights from ISMG's recent London Summit, including whether if collateral damage from the Russia-Ukraine war isn't necessarily all it was reputed to be, then what are the most concerning emerging threats; building a cyber risk playbook to help businesses...
Police in Nigeria this week arrested a 37-year-old man who's been charged with masterminding "a criminal syndicate tied to massive business email compromise and phishing campaigns," Interpol reports. But with known BEC losses last year exceeding $2.4 billion, will the arrest have a noticeable impact?
Fabio Fratucello, CTO for Asia-Pacific and Japan at CrowdStrike, says, "Defenders need to continue to advance their defensive capabilities. They need to be able to streamline operation and reduce time when performing detection and response functions." He discusses XDR, SIEM and automated workflows.
An increasing number of threat actors are deploying a free-to-use browser automation framework as part of their attack campaigns. Automation tools are expected to become a more common element of the threat actor’s toolkit.
The inclusion of a new secure product development framework for manufacturers is a most significant addition to recently updated federal draft guidance for the cybersecurity of premarket medical devices, says attorney Linda Malek of the law firm Moses & Singer LLP.
The latest edition of the ISMG Security Report discusses how the leader of a "transnational cybercrime syndicate" has been arrested in Nigeria, according to Interpol. It also shares updates on U.S. privacy laws and how we can improve collaboration as an industry.
A majority of financial institutions have reported a rise in account opening fraud and payment scams, which is expected to continue and cause losses for banks, says Trace Fooshee, strategic adviser at Aite-Novarica Group. He discusses new technologies to put in place to mitigate scam attacks.
A former IT consultant has been charged with allegedly hacking into a computer server of a healthcare company client that had months earlier denied him employment with the organization. Experts say the case spotlights insider threats that must not be underestimated.
A $150 million penalty has been slapped on Twitter for deceptively using account security data of millions of users for targeted advertising, the U.S. Justice Department and the Federal Trade Commission say. Twitter says it has paid the fine and ensured that personal user data is secure and private.
Ransomware gang Black Basta, which came to prominence in April, has claimed responsibility on its leak site for a ransomware attack on AGCO. An AGCO spokesperson confirmed to ISMG that employee data was exfiltrated during an attack but did not comment on Black Basta's claims of responsibility.
Broadcom has agreed to buy cloud and virtualization giant VMware for $61 billion, bringing together the $1.6 billion Symantec and $1 billion VMware security teams. Broadcom will incorporate its existing security offerings into the VMware portfolio and bring them to market under the VMware brand.
Cybersecurity startup Lacework has announced layoffs - affecting 20% of its employees, according to one report - to strengthen its balance sheet, just six months after raising $1.3 billion. The company says it restructured its business in response to a large shift in the public and private markets.
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