Victims of crypto-locking malware who pay a ransom to their attackers are paying, on average, more than ever before. But investigators warn that when victims pay for a guarantee that all data stolen during an attack will get deleted, criminals often fail to honor their promises.
The U.K. NCSC responded to over 700 cyber incidents over a 12-month period, 200 of which were related to the COVID-19 pandemic, according to the cyber agency's annual report. NCSC also notes that's it's preparing to step-up its response to cyber incidents involving the NHS and vaccine development.
Aleksandr Brovko, a Russian national, has been sentenced to eight years in federal prison for stealing personally identifiable data and online banking credentials using a botnet, according to the U.S. Justice Department. Federal prosecutors estimate the losses at $100 million.
The Maze cybercrime gang, which revolutionized the ransomware business by adding an extortion element to each attack, has issued a statement saying it has hung up its spikes and will retire, at least temporarily. Security executives do confirm Maze's activity has dropped off in recent months.
After a federal judge blocked an order that would have banned ByteDance-owned TikTok from operating within the U.S., the Commerce Department vowed to continue to defend the Trump administration's executive order. Additional court hearings over the order are scheduled for later this year.
Newly updated Food and Drug Administration guidelines will help experts to more accurately score and communicate the criticality of security vulnerabilities identified in medical devices, says Elad Luz, head of security research at CyberMDX.
Validating identity across every digital channel is essential to track money movement information and help control P2P payment fraud, two fraud-fighting experts say.
The latest edition of the ISMG Security Report features a discussion with FBI Agent Elvis Chan on the cyber disruptions to expect immediately after the Nov. 3 U.S. election. Also featured: smart lock security flaws; cryptocurrency-funded crimes in 2021.
Although IoT door locks are ultimately designed to keep people out, they may actually be the way in. Craig Young of Tripwire describes problems he found in U-tec's Ultraloq and other issues with IoT security.
So far, much of the discussion about 5G security has focused on avoiding the use of technology from Chinese manufacturers, including Huawei and ZTE. But security experts are increasingly concerned that 5G network and device providers rushing products to market aren't devoting enough attention to security.
Some 21 malicious Android apps containing intrusive adware were discovered on the Google Play Store, but most have now been removed, according to a new report from the security firm Avast.
A new online platform called VulnerableThings.com is aiming to become the go-to place for reporting and viewing reports on software flaws in IoT devices. The IoT Security Foundation and Oxford Information Labs say the platform could help vendors comply with new IoT regulations and standards.
A greatly enhanced variant of the powerful Mirai botnet is already infecting IoT devices even though it's operating in a test environment, according to researchers at cybersecurity firm Avira Protection Lab.
The FCC is asking the Justice Department and other executive branch agencies if China Unicom's operations within the U.S. pose a significant enough national security threat to merit revoking the company's business license.
Security experts are urging organizations to patch a newly revealed serious flaw in Microsoft SharePoint as quickly as possible because proof-of-concept exploit code is already available. The U.K.'s National Cyber Security Center warns that hackers frequently target fresh SharePoint flaws.
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