The NSA and CISA issued a joint warning that U.S. critical infrastructure is increasingly becoming a hacking target and organizations need to guard against attacks. The alert notes that remote access to OT systems by a decentralized workforce creates risk.
Money launderers are devising new tactics during the COVID-19 pandemic. For example, some are coming up with ways to use personal protective equipment, or PPE, as a form of currency, says Debra Geister, CEO of Section 2 Financial Intelligence Solutions.
The U.S. State Department is offering rewards of up to $1 million for information that could lead to the arrest and conviction of two Ukrainian nationals who allegedly hacked the Security and Exchange Commission's EDGAR system server in 2016.
From credit cards and deposit accounts to a wide range of lending products, cybercriminals spare no effort to turn a profit by exploiting weaknesses in the digital account opening process. In fact, 85 percent of banking executives in a recent ISMG study stated fraud remains an issue in the digital account opening...
The FBI is warning of an increase in distributed denial-of-service attacks using amplification techniques that are targeting U.S. organizations. The bureau notes that it's seen an uptick in attack attempts since February.
A fresh round of phishing attacks is relying on using trusted services and a well-designed social engineering scheme to trick users into enabling malware to bypass an end point's security protocols, says Aaron Higbee of the security firm Cofense.
The Emotet botnet, which recently surged back to life after a months-long hiatus, is now delivering the Qbot banking Trojan to victims' devices, security researchers say. So far, they've identified about 800,000 malicious emails attempting to spread the botnet.
Twitter says attackers who hijacked more than 130 high-profile Twitter accounts used social engineering to bypass its defenses, including two-factor authentication on accounts. Experts say companies must have defenses in place against such schemes, which have long been employed by fraudsters.
A group of spoofed cryptocurrency trading apps is targeting devices running macOS to install malware called Gmera, security firm ESET reports. The malware can steal users' data as well as their cryptocurrency wallets.
An Iranian-backed hacking group appears to have accidentally left over 40 GB of training videos and other material exposed online, according to researchers at IBM, who found the unprotected server. The material includes videos describing attacks aimed at U.S. Navy and State Department personnel.
Criminals are continuing to capitalize on the new opportunities being created by the ongoing COVID-19 pandemic to hone their phishing, scams, ransomware and other schemes, says Craig Jones, who leads the global cybercrime program for INTERPOL.
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.
The latest edition of the ISMG Security Report analyzes the latest developments in banning Huawei technology from 5G networks. Also featured are discussions of how to respond better to cybercrime and whether we're on the cusp of a digital currency revolution.