As senior correspondent for Information Security Media Group's global news desk, Ishita covers news worldwide. She previously worked at Thomson Reuters, where she specialized in reporting breaking news stories on a variety of topics.
The U.S. should restore the position of cybersecurity coordinator at the White House because the number of threats against the nation is increasing, several security experts testified this week at a House hearing. But some Republicans question whether the move would create unnecessary bureaucracy.
Wells Fargo, the fourth largest bank in the U.S., has directed employees to remove the TikTok social media app from their company-issued devices, citing security concerns. The news comes after Amazon sent mixed signals to its employees about use of the social media app.
Five billion unique user credentials are circulating on darknet forums, with cybercriminals offering to sell access to bank accounts as well as domain administrator access to corporate networks, according to the security firm Digital Shadows.
The U.S. Justice Department has charged Kazakhstan national Andrey Turchin with being the hacker known as "Fxmsp," as well as running a hacking collective known by the same name that's been tied to 300 attacks worldwide, including against anti-virus vendors.
The developers behind the Purple Fox fileless downloader malware recently upgraded their operation and are now targeting two new vulnerabilities to gain access to networks, according to a report by security firm Proofpoint.
Security researchers warn that the number of exploit attempts targeting a critical vulnerability in F5 Networks' BIG-IP networking products has steadily increased since the company first announced the flaw late last week. They urge users to immediately apply patches.
The operators behind the Valak malware strain have expanded their malicious campaigns to other parts of the world, targeting financial, manufacturing, healthcare and insurance firms, according to Cisco Talos. Attackers are now using existing email threads and ZIP files to spread the information stealer.
Fraudsters are using a revamped version of the Alina Trojan to target Windows-based POS devices to steal payment card data, according to Century Link's Black Lotus Labs. The malware operators are using unsecured DNS protocols to exfiltrate the data.
The U.S. Federal Communications Commission has officially designated China's Huawei Technologies and ZTE Corp. as "national security threats," barring American telecommunications firms from using certain federal funds to buy their equipment, such as for building 5G networks.
A bipartisan group of U.S. senators is calling for federal funding for cybersecurity coordinators in every state. Meanwhile, a measure introduced in the House would restore the position of cybersecurity director in the White House.
A Russian national charged in connection with co-creating the Infraud Organization's online cybercrime forum that sold stolen payment card data and was tied to $530 million in fraud losses has pleaded guilty.
A hacking group dubbed CryptoCore has stolen more than $200 million in virtual currency from several cryptocurrency exchanges over the past two years, the security firm ClearSky Cyber Security reports.
Police have confiscated $90 million from a company allegedly owned by Alexander Vinnik, who is accused of money laundering and defrauding individuals through BTC-e, a cryptocurrency exchange he controlled.