The hacker behind the $612 million breach of the blockchain-based Poly Network system has reportedly returned all stolen assets. Security experts have highlighted a critical vulnerability and a need for further DeFi security regulations.
Cybercriminals have developed a blockchain analytics tool on the darknet that could help a gang launder illegally obtained bitcoin, and they are actively marketing it, according to the cryptocurrency analytics firm Elliptic. The tool, however, is rated as not entirely effective.
The recent ransomware attack that disrupted Scripps Health's IT systems and patient care for nearly a month has so far cost the San Diego-based organization nearly $113 million, including $91.6 million in lost revenue, according to a financial report the nonprofit entity filed this week.
This edition of the ISMG Security Report offers an analysis of how tractors manufactured by John Deere are at risk of being hacked. Also featured: a description of the infrastructure bill passed by the Senate that would boost cybersecurity funding and an update on the reboot of the AlphaBay darknet market.
The notorious AlphaBay darknet marketplace appears to be getting rebooted by "DeSnake," who claims to have been the security administrator for the previous iteration, which law enforcement officials took down in 2017. Whether buyers and sellers will trust it, or the site will survive any takedown efforts, remains to...
The answer to the increasing volume of challenges is not to just add another tool into the mix, it's to add the tools the organization is already using into an integrated cohesive mix.
The network has become hybrid and multi-cloud, and security now needs to be harmonized across network, workload and application domains. The complexity of your disparate and dynamic environments is an enemy and you need to defend against it, as you would against any sophiscated adversary.
The consultancy Accenture, which offers cybersecurity services, confirmed Wednesday it had been hit by a cyber incident. The ransomware gang LockBit took credit for the attack.
The Office of Management and Budget is ordering federal agencies to begin identifying "critical software" that needs protection as part of the effort to fulfill President Biden's cybersecurity executive order. Executive branch agencies then will have a year to implement security measures.
There's another twist in the REvil ransomware saga: A decryption key released Friday on a Russian-language cybercrime forum unlocks files encrypted in the attack against Miami-based software developer Kaseya. Why it was released, however, is unknown, and its utility at this point is questionable.
Microsoft's Patch Tuesday rollout addressed two additional security issues within Windows Print Spooler, including one zero-day. Microsoft's August security update covers 44 vulnerabilities, with seven rated critical. Intel and Adobe also made security fixes.
Taiwan-based network-attached storage device manufacturer Synology says the StealthWorker botnet is targeting its products with brute force attacks that could lead to ransomware intrusions.
The rise of ransomware as a criminal moneymaking powerhouse parallels the services offered by initial access brokers, who continue to offer affordable access to victims' networks - often via brute-forced remote desktop protocol or VPN credentials - to help attackers hit more targets in search of larger profits.
An unidentified hacking group with suspected Chinese ties is targeting critical infrastructure in Southeast Asia as part of a cyberespionage campaign to exfiltrate information about the victims' SCADA systems, says a report by security firm Symantec.
Two bipartisan bills introduced in Congress this week seek to address cyberthreats. One calls for imposing sanctions against countries that allow ransomware gangs to operate within their borders. Another would require law enforcement agencies to better track cybercrime statistics to identify trends.
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