A Nigeria-based ransomware gang is conducting a campaign that dangles a $1 million bribe - or a portion of any ransom collected - to employees of targeted organizations if they will install DemonWare ransomware on their corporate network.
A 30-year-old Greek national has been indicted on charges of selling insider trading tips and other proprietary financial data on darknet sites. Apostolos "The Bull" Trovias faces securities fraud and money laundering charges.
To crack down on insider fraud, organizations should consider using artificial intelligence, machine learning, data analytics, data visualization software, predictive modelling and social network analysis, says Roger Darvall-Stevens, a fraud and forensic services expert at the consultancy RSM Australia.
The Justice Department has filed seven new criminal charges against Paige Thompson, who is suspected of hacking Capital One in 2019, compromising the data of 100 million Americans, including exposing hundreds of thousands of Social Security numbers. If convicted, She now faces a possible 20-year sentence.
A government watchdog is urging NASA to make multiple improvements to its cybersecurity and risk management policies to counter threats to the space agency's network, infrastructure and data. NASA, in turn, is working toward making some security improvements outlined by the GAO by the end of this year.
This edition of the ISMG Security Report features an analysis of CISA's finding that agencies could have prevented follow-on attacks after the SolarWinds supply chain attack by properly configuring firewalls. Also featured: Congressman discusses deterring nation-state attacks; insider threat mitigation tips.
Cybercriminals and nation-states are attempting to recruit insiders at companies around the world to help steal credentials and intellectual property, says Joseph Blankenship, vice president and research director at Forrester, who offers risk mitigation insights.
A small U.S. nuclear weapons contractor has confirmed that it suffered a ransomware attack, resulting in the theft of data. Credit for the attack has been taken by the ransomware-as-a-service operation known as REvil, aka Sodinokibi, which the FBI recently tied to the attack against meatpacking giant JBS.
Is it any wonder that criminals keep flocking to ransomware when their individual haul from a well-executed digital heist can be worth $11 million? That's the amount paid to the REvil ransomware gang by meatpacker JBS USA, after its systems were crypto-locked on May 30.
In a decision that will have major implications for the cybersecurity industry, the U.S. Supreme Court ruled Thursday to limit the scope of the Computer Fraud and Abuse Act. Security researchers and civil liberty groups argued that the 1986 law was too broadly written and outdated for today.
It's common to say, "The human element is our weakest cybersecurity link." But author and educator James Bone has a different perspective. He weighs in on the human factor and the criticality of modifying enterprise risk management strategies.
As a retired Air Force general and the former federal CISO of the United States, Gregory Touhill is well-versed in critical infrastructure protection and resiliency. Now, as the new director of CMU SEI's CERT division, he has the opportunity to help foster new levels of education and collaboration.
As CISO of Johnson & Johnson, Marene Allison was used to gauging her security posture by the top threat activity: nation-state, cybercrime, insider or hacktivist. But in 2020, they all struck at once. Here is one CISO's take on the state of the industry.