Identity verification and e-signature firm OneSpan is working with investment bank Evercore on a sale process that could attract interest from other businesses and private equity firms, Reuters reported. This follows five publicly traded cyber vendors agreeing to go private since the start of 2022.
Here's further proof many cybercriminals are rampant self-promoters: Credit card market BidenCash, which sells compromised payment card data, dumped 2 million payment cards for free. This shows that competition between carder markets - and increasingly, Telegram-based vendors - is fierce.
A lack of visibility makes it nearly impossible to protect an organization against attack. If you can't see what's lurking in the dark corners of your environment, all you can do is react instead of actively identifying and mitigating risks. But some technologies can help with threat visibility.
Cybercrime experts have long urged victims to never pay a ransom in return for any promise an attacker makes to delete stolen data. That's because, as a recent case highlights, whatever extortionists might promise, stolen personal data is lucrative, and it often gets sold six ways from Sunday.
In a new report, tech giant Microsoft says distributed denial-of-service attacks became shorter in duration but more potent in 2022. The United States, India and East Asia were the top regions affected by DDoS attacks, and IoT devices continued to be the preferred mode of attack.
Federal authorities are urging healthcare sector entities to take steps to protect their web applications, connected devices and other critical systems against distributed denial-of-service attacks. The warning comes weeks after a wave of DDoS attacks from Russian nuisance hacking group KillNet.
In the latest weekly update, ISMG editors discuss the lasting effects of the takedown of the Hive ransomware group, why the U.S. government is warning of a surge in Russian DDoS attacks on hospitals, and why the lack of transparency in U.S. breach notices is creating more risk for consumers.
What's not to love about an international law enforcement operation visiting disruption on Hive, the ransomware-wielding crime syndicate? But with no suspects in jail, it's unclear how long this takedown might stick before the bad guys reboot or rebrand.
Since Elon Musk became Twitter's CEO, cyber risks have affected the social media company in technological, financial, regulatory and reputational ways. Marco Túlio Moraes says the big issue is that the risks now affect a significant digital business world asset: trust.
Seattle police have charged an online retailer's "shopping experience" software programmer with engineering a fraud scheme based on the movie "Office Space," in which malicious software was used to transfer a fraction of every transaction into an outside account.
Acquiring Area 1 Security has allowed Cloudflare to extend its network protection capabilities from DDoS attacks to phishing emails, says co-founder and CEO Matthew Prince. Area 1's technology means customers will enjoy a better rate of detection with fewer false positives than legacy offerings.
Staying one step ahead of both threat actors and competitors is a tall task for Palo Alto Networks given the breadth of its cybersecurity portfolio. Palo Alto Networks has committed to having best of breed features and functionality in each of the technology categories where it chooses to play.
As the world looks into adapting 5G and studying 6G, satellite IoT is opening a new front for connectivity. There will be a demand for more LEO-based satellites for low-power communication, and these satellites will require completely new kinds of security, says Krishnamurthy Rajesh of GreyOrange.
Pro-Kremlin KillNet hackers took down the website of the European Parliament on Wednesday in a DDoS attack that came just hours after the legislative body declared Russia a terrorist state. The website was still down late in the day as part of a string of hacktivist attacks against allied nations.
The U.S. government seized seven fake cryptocurrency domains used in a confidence scam based on long-term emotional manipulation of victims that netted criminals more than $10 million. Perpetrators scammed five victims by spoofing the website of the Singapore International Monetary Exchange.