A former employee of a New York-based technology company, likely to be IoT technology company Ubiquiti, has been arrested for stealing confidential data and extorting his employer for nearly $2 million. If convicted, the suspect faces up to 37 years in prison.
Advanced voice impersonation and deepfake technologies are giving rise to cybercrime groups that offer Vishing-as-a-Service, security researchers say. Vishing is proving to be successful in tricking victims and bypassing voice authorization mechanisms.
Many ransomware-wielding attackers continue to rely on initial access brokers to easily gain deep access to victims' systems, allowing them to steal data and attempt to pressure victims into paying via data leak sites. Researchers say that the number of victims being listed on such sites has surged.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the FBI has seized bitcoins from an alleged REvil ransomware affiliate, how to mitigate risks from BIN attacks and the latest COVID-19 trends globally.
Multiple APT groups from Russia, China and India are adopting a new phishing attack technique using RTF template injection, which makes attacks harder to detect. The template is compatible with Microsoft Office, which makes it easier for an attacker to open or edit these documents.
The Southeast Asian region will see a spike in multifaceted extortion with more public breaches, along with an increase in ransomware-as-a-service operations in 2022, says Singapore-based Yihao Lim, principal intelligence adviser at Mandiant Threat Intelligence.
A risk-based approach to secure against digital fraud requires putting in the correct security controls in proportion to the organizational risk, which is determined by understanding the customer's subconscious habits, says Australia-based Tim Dalgleish, senior director, a global advisory, at BioCatch.
"Enterprises are reluctant to move to the cloud because they are concerned about the infrastructure and data security that cloud vendors are going to offer," says Deepak Prasad, customer engineer, security specialist at Google Cloud. He gives advice on making the digital transformation journey smoother
Planned Parenthood of Los Angeles is notifying about 400,000 individuals of a hacking incident in October involving the exfiltration of files containing sensitive health data, including patients' diagnoses and medical procedures. Could other similarly high-profile entities and their patients become the next targets?
Several cybersecurity officials charged with safeguarding U.S. critical infrastructure on Thursday outlined both current progress and the complexity of today's network defense. Oversight officials also testifying before the House discussed top-line items that remain outstanding among major agencies.
So what happens when you as a security leader get that call to protect the cybersecurity of executive leaders/board members outside the office? What are the right and wrong responses? Chris Pierson of BlackCloak shares new insight on executive protection best practices.
A new variant of the Aberebot banking Trojan has been discovered by Cyble's researchers. Christened Aberebot-2.0, the latest malware version not only uses more advanced spying capabilities, it also has increased its target list to 213 banking apps and nine crypto wallets in 22 countries.
A recently discovered botnet is infecting thousands of AT&T internet subscribers in the U.S., using a critical-severity blind command injection flaw first reported in 2017, according to new findings from China-based cybersecurity researchers.
In order to identify BIN attacks, it is important for payment card brands to leverage AI and automated systems for monitoring transaction data to look for unusual patterns, says Keri Crane, advisory technical product manager with Jack Henry & Associates. She also discusses mitigation tips.
Unidentified threat actors are using fake cryptocurrency-related websites to distribute the SpyAgent malware, which abuses legitimate remote access tools. They have targeted a legitimate Russian remote access tool called Safib Assistant, Trend Micro researchers note.
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