Cryptocurrency-using criminals continue to rely on services designed to launder their virtual currency to give them "clean coins" that are tougher for law enforcement to trace. Experts say such services are widely marketed on cybercrime forums, and sometimes provided directly to ransomware groups' affiliates.
The Emotet botnet, which was hampered by law enforcement actions earlier this year, is making a comeback. The resurgence appears to be due to help from old friends: cybercriminals running the Trickbot botnet. Unfortunatel,y the development may fuel more ransomware attacks.
Ari Redbord of TRM Labs, who has had an extensive career in law enforcement, points out that 2020 was a pivotal year for putting cybersecurity on the agenda throughout the government. He discusses securing cryptocurrecy, the blockchain and other elements of the "digital battlefield."
Why has the cybercriminal underground put so much effort toward the professionalization of ransomware? Simply put, they are making tons of money from it.
The U.S. and Israel will expand their diplomatic relationship around cybersecurity, announcing a bilateral task force this week that will support cybersecurity and fintech innovation. The news follows recent action by the U.S. Department of Commerce to blacklist Israeli spyware firm NSO Group.
Google’s Threat Analysis Group has released details of a watering hole campaign targeting a macOS zero-day exploit chain to install a never-before-seen malware on devices of users visiting Hong Kong websites of a media outlet and a prominent pro-democracy labor and political group.
Dutch police have detained Moscow businessman Denis Dubnikov after the U.S. accused him of receiving bitcoins worth $400,000 paid to Ryuk as ransoms by its victims. The U.S. is seeking to extradite the suspect, as the Biden administration's crackdown on ransomware continues.
This webinar helps to understand the evolution of DDoS extortion, its ramifications on 2021 security postures, and the latest best practices to fight back and reduce your risk.
NSO Group CEO-designate Itzik Benbenisti, currently NSO's co-president, has resigned from the Israel-based intelligence company, citing its blacklisting by the U.S. Department of Commerce last week. But the company has other troubles, too.
The top cybercrime threats facing organizations in Europe and beyond include ransomware affiliate programs, more sophisticated mobile malware and cryptocurrency-hawking investment fraud, among other types of crime, according to Europol's latest Internet Organized Crime Threat Assessment.
Four editors at ISMG discuss important cybersecurity issues, including law enforcement agencies' crackdown on ransomware operations, how banks are building their technology stacks to counter card fraud and whether the "work from anywhere" model is beneficial for employees in the long term.
A penetration testing company discovered a critical zero-day vulnerability in Palo Alto Networks' GlobalProtect VPN product but did not inform the company until about 11 months later. The situation stirred debate over whether that posed unnecessary risks.
The latest edition of the ISMG Security Report features an analysis of the progress made by law enforcement agencies in the effort to crack down on ransomware. Also featured: Evil Corp banking malware still active; XDR market trends.
Cyber attacks happen — that’s a static fact of today’s cyber-fueled world. What isn’t static is how and where these attacks happen. Opportunities for attackers abound as networks grow more complex and orgs migrate (or come to life) in the cloud. Today’s attackers can spend months hiding in an environment,...
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