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.
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 latest edition of the ISMG Security Report features an analysis of best practices for negotiating a ransom payment. Also featured: Busting Zero Trust myths and the dangers of mythologizing defenders.
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.
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.
The FBI has seized 39.9 bitcoins worth $2.3 million from an alleged affiliate of the notorious REvil - aka Sodinokibi - ransomware group. A forfeiture notice filed by the government accuses Russian national Aleksandr Sikerin of having amassed the cryptocurrency via victims' ransom payments.
The saying "Penny-wise, pound-foolish" is relevant when we talk to those friendly, knowledgeable finance people about ongoing employee screening due to the dreaded insider threat and the costs associated with it - which leads to us pulling out our hair in utter frustration. This rant is about that.
An Ohio-based DNA testing company reported to regulators that the information of more than 2.1 million individuals contained in a legacy database was accessed and acquired in a hacking incident detected in August. The archived database contained personal information collected more than a decade ago.
A Microsoft zero-day vulnerability has not been fixed by the technology giant despite having been reported months ago, according to a security researcher. To protect users, a micropatching service, 0patch, has issued unofficial, free patches.
With all of the high-profile ransomware strikes noted in 2021 - and some that eluded the headlines as well - lessons can be drawn about points of infection and how to improve ransomware detection and response, says Dave Russell of Veeam Software.
Following the holiday recess, U.S. lawmakers are picking up several legislative priorities starting Monday, including progress on the annual defense spending bill, which contains amendments that would require incident reporting for critical infrastructure providers, among other measures.
Researchers have identified a new remote access Trojan that uses a unique stealth technique to help it stay undetected on a victim's infrastructure and conceal Magecart malware. Dubbed CronRAT, it hides in the Linux calendar subsystem as a task that has a nonexistent date.
An Iranian attacker has been targeting users who have failed to patch a remote code execution vulnerability in a Microsoft browser engine to spy on Farsi-speaking victims, paralleling a similar campaign being run by North Korean attackers, researchers warn.