The Treasury Department has fined the owner of two bitcoin "mixing" sites $60 million for violating anti-money laundering laws. It's the first time the department's Financial Crimes Enforcement Network has issued a civil monetary penalty against the operator of a cryptocurrency site.
U.S. officials have accused the Russian government of behaving "maliciously or irresponsibly" by taking steps such as crashing Ukraine power grids in the dead of winter and causing more than $10 billion in damages via NotPetya malware. But why make the accusations now? And how might Moscow respond?
Has the nation-state threat become like the weather - something everyone talks about, but no one can do anything about? It's time for a strategic change. A panel of experts offers a frank discussion of nation-state actors, their ongoing intrusions and what "taking off the gloves" might look like.
The U.S. Justice Department unsealed indictments against six Russian military officers on Monday, alleging that they carried out a series of major hacking operations, including deploying destructive NotPetya malware - tied to more than $10 billion in damages - and attacking the 2018 Olympics.
The human factors of cybersecurity represent the actions or events where human error results in a successful hack or data breach. Other than hackers taking advantage of naturally existing weak entry points, your biggest threat and vulnerability could be coming from the inside. Whether it's a well-meaning employee who...
A newly identified financially motivated threat group, dubbed "FIN11," is deploying Clop ransomware and exfiltrating data from its targets for extortion efforts, according to researchers at FireEye Mandiant.
A hacking group with suspected ties to Iran's government is again targeting universities in the U.S. and around the world, according to researchers with security firm Malwarebytes. "Silent Librarian" typically attempts to steal intellectual property.
Banking institutions are seeing a significant spike in multi-channel financial crimes. But Duncan Ash and Julio Gomez of Splunk say data and analytics can be key differentiators in the effort to protect sensitive financial data.
Despite the takedown of the Trickbot botnet by Microsoft and others Monday, the malware is still functioning, and its operators retain the tools needed to rebuild their malicious network, some cybsersecurity experts say. So the impact, while significant, could prove to be temporary.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
Critical steps when implementing a privileged access management program include auditing of activities performed by administrators and continuous monitoring of user activity, says Sujit Christy, group CISO at John Keells Holdings, a conglomerate based in Sri Lanka.
Microsoft collaborated with cybersecurity companies and government agencies to take down the million-device Trickbot botnet in an effort to help protect the Nov. 3 U.S. election and stop the global spread of ransomware and other malware.