In 2020, a cybercrime operation known as ShinyHunters breached nearly 50 organizations, security researchers say. And this year, it shows no signs of slowing down - it's already hacked e-commerce site Bonobo and dating site MeetMindful.
After being hit by SolarWinds hackers, the Administrative Office of the U.S. Courts instructed the nation's district courts to restrict the filing of sensitive information to hard copy or "secure electronic devices." But will this defense create an even bigger bureaucratic fallout than the attack itself?
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.
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?
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.
Police have arrested Riley June Williams of Pennsylvania, who a tipster alleges stole a laptop or hard drive belonging to House Speaker Nancy Pelosi. But is the tipsters claim that she had planned to pass the device to a friend in Russia credible?
The latest edition of the ISMG Security Report describes new details emerging from the SolarWinds supply chain hack investigation. Also featured: A discussion of why security education is so crucial in 2021 and tips on how to retain security and operations center analysts.
The shortage of trained cybersecurity workers has substantially declined this year as many more individuals entered the field, says Clar Rosso, CEO of (ISC)², the U.S.-based nonprofit association that offers training to cybersecurity professionals.
Blockchain technology has been floated as a solution to enable remote, electronic voting. But MIT researchers say today's paper-based systems, while imperfect, are still the most reliable way to prove to voters that their selections have been accurately cast and tallied.
Cybersecurity is poised to become a higher White House priority when President-elect Joe Biden takes office. And he's expected to renew key international relationships needed in the fight against cyberattacks.
Takeaway from the U.K.'s GDPR privacy fine against hotel giant Marriott: During M&A, review an organization's cybersecurity posture before finalizing any acquisition. Because once a deal closes, you're fully responsible for data security - IT network warts and all.
As ransomware continues to slam organizations, a lively debate has ensued about whether ransom payments should be banned in all cases. Attempting to ban ransom payments, however, likely would only make the problem worse.
Cybercrime wouldn't exist as we know it today without there being a multitude of technologies and services that criminals have been able to turn to their advantage, and cryptocurrency is one of the prime examples, especially when it comes to ransomware, darknet markets and money laundering.
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