Darknet markets just had their best year ever, led by Hydra, which accounted for 75% of the $1.7 billion in 2020 revenue such markets generated, Chainalysis reports. One key to Hydra's success is the Russian-language marketplace's constant innovation.
The latest edition of the ISMG Security Report features an analysis of the persistent threat of ransomware. Also featured: Sorting out breaches tied to Accellion’s File Transfer Appliance; an update on fraud trends in 2021.
While many details about the SolarWinds Orion hack and full victim list remain unknown, experts have ascribed the apparent espionage campaign to Russia. Now, however, Reuters reports that a separate group of Chinese hackers was also exploiting SolarWinds vulnerabilities to hack targets.
Several data breaches stemming from unpatched vulnerabilities in Accellion's File Transfer Appliance have been revealed. What went wrong? Where does the fault lie? And what can organizations do about it?
The U.S. federal government is increasingly using IoT devices across its agencies, which has raised concerns about security. NIST has published draft guidance to help federal agencies navigate safe IoT deployment and use, says Kat Megas, program manager in NIST's Cybersecurity for IoT Program.
The operators behind the Agent Tesla remote access Trojan have updated the malware to enable it to disable endpoint protection software and have added features to hide communications, according to a report from the security firm Sophos.
To take down bigger targets more easily and quickly, ransomware gangs are increasingly tapping initial access brokers, who sell ready access to high-value networks. Economically speaking, it's a no-brainer move for cybercrime gangs.
Ransomware attacks continue to pummel organizations, but fewer victims have been paying a ransom, and when they do, on average they're paying less than before, says ransomware incident response firm Coveware, which traces the decline to attackers failing to honor their data deletion promises.
Kubernetes is rapidly becoming the leading container orchestration tool. Shreyans Mehta, CTO and co-founder of Cequence Security shares insights on what's different about Kubernetes and how organizations should be securing it.
With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels. They're also calling for a review of cyber insurance payouts being used to fund ransoms.
Matthew Burns of HCL Software discusses securing endpoints and ensuring compliance during exceptional times in an interview following a recent series of virtual roundtables on the subject.
North Korean hackers have been "targeting security researchers working on vulnerability research and development at different companies and organizations" to trick them into installing backdoored software that gives attackers remote access to their systems, warns Google's Threat Analysis Group.
View this webinar as McAfee Chief Technology Officer Steve Grobman, and McAfee Enterprise Architect and Principal Engineer, Mo Cashman share all they currently understand and advise on the evolving SolarWinds Supply Chain and SUNBURST Backdoor threat.
Good news on the cybercrime front: "Cryptocurrency-related crime fell significantly in 2020," compared to 2019, reports blockchain analysis firm Chainalysis. Unfortunately, in the same timeframe, ransomware profits surged 311%, stoking calls for a crackdown on ransom payments.
The CEO of security firm Malwarebytes says the hackers who attacked SolarWinds also targeted his company and gained access to a "limited subset of internal company emails."
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