With the GandCrab ransomware-as-service gang promising to retire - and free decryptors now aiding victims - rival Sodinokibi has already stepped into the void, security experts warn. Driven also by attackers wielding Ryuk, Dharma and Phobos, ransom payments by victims have been surging.
At a Senate committee hearing on Tuesday, lawmakers grilled a Facebook executive about the company's plans to launch a cryptocurrency. One Democratic senator said Facebook "does not respect the power of the technologies they are playing with - like a toddler who has gotten his hands on a book of matches."
The sentencing of a former worker at a substance abuse treatment provider in connection with a Medicaid fraud conspiracy "is an important reminder about the threats from insiders," one privacy attorney says.
A vulnerability in global airline check-in software used by 500 airlines could have been exploited to download other individuals' valid boarding passes, potentially giving them access to restricted airport spaces, warns security expert David Stubley. The flaw in Amadeus travel software has now been fixed.
Fraudsters continue to get new tricks up their sleeves. Criminals are increasingly using Apple Pay, setting up mobile call centers to socially engineer victims as well as tricking consumers via fake e-commerce sites that never fulfill orders, fraud-fighting experts warn.
In the run-up to Amazon Prime Day, some of the company's customers were being targeted by a phishing kit called 16Shop, according to McAfee researchers. The campaign is similar to an earlier attack that focused on Apple users.
A former software engineer for an Illinois-based locomotive manufacturer allegedly stole proprietary information and other intellectual property from the company before fleeing to China, according to an indictment the U.S. Justice Department unsealed Thursday.
A new ransomware strain called eCh0raix is targeting enterprise storage devices sold by QNAP Network by exploiting vulnerabilities in the gear and bypassing weak credentials using brute-force techniques, warns security firm Anomali.
Health insurer Premera Blue Cross has signed a $10 million HIPAA settlement with the attorneys general of 30 states in the wake of a 2014 data breach that exposed personal information on more than 10.4 million individuals nationwide.
As more organizations rely on third parties for various services, managing the security risks involved is becoming a bigger challenge. Three CISOs offer insights on their real-world strategies for success.