Collaborate Disseminate
In this article, you will find excerpts from reports we recently covered, which offer stats and insights into the challenges and cybersecurity issues arising from the expansion of AI. Security pros are cautiously optimistic about AI Cloud Security Alli… Continue reading 25 cybersecurity AI stats you should know
N-able announced the addition of Ann Johnson as a member of the board of directors, in addition to the establishment of a cybersecurity committee of the board. These key developments further accelerate N-able’s focus on empowering partner protection an… Continue reading Ann Johnson joins N-able Board of Directors
Neosec announced that it has emerged from stealth mode and completed its Series A fundraise with a total investment of $20.7 million from True Ventures, New Era Capital Partners, TLV and SixThirty in addition to security visionaries Mark Anderson, Gary… Continue reading Neosec raises $20.7M to protect APIs from business abuse and data theft
An information sharing group for the financial sector warned on Tuesday that banks will encounter growing danger this year from converging nation-state and criminal hackers, as well as supply chain risks and cross-border attacks. The report from the Financial Services Information Sharing and Analysis Center serves as a recap of threats the industry endured last year, as well as a forecast for 2021. Ransomware and other kinds of extortion attacks were among the biggest hazards for the financial services industry last year, FS-ISAC said. The organization said it expects further use of the increasingly common ransomware method of hackers leaking partial data to incentivize higher victim payments, and it said that more than 100 financial companies received distributed denial-of-service extortion threats last year. The organization also suggested that state-sponsored groups would leverage access or other techniques established by financially motivated scammers to boost their own operations. FS-ISAC did not point […]
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A set of cybercriminals behind a string of recent hacks involving Accellion-made software is now claiming responsibility for a breach of Qualys, a major cloud computing security vendor. As proof of the access to data, an extortion site maintained by hackers has leaked documents claiming to contain information on Qualys customers. Attackers affiliated with the extortion site have previously been linked to the Clop ransomware, a file-locking malware that emerged two years ago. This month, thieves claimed responsibility for a series of incidents that have relied on data leaks, rather than ransomware, as an extortion tactic, according to security firm FireEye. With some 19,000 clients, including major financial firms like Capital One and Experian, Qualys represents an attractive target for extortionists keen on making sensitive data public. It was not immediately clear Wednesday how, if at all, the reported breach affected Qualys’ customers, or if ransomware was deployed. The […]
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Payment card processing giant TSYS suffered a ransomware attack earlier this month. Since then reams of data stolen from the company have been posted online, with the attackers promising to publish more in the coming days. But the company says the malware did not jeopardize card data, and that the incident was limited to administrative areas of its business. Continue reading Payment Processing Giant TSYS: Ransomware Incident “Immaterial” to Company
Two weeks after someone (allegedly the US Cyber Command) temporarily interrupted the operation of the infamous Trickbot botnet, a coalition of tech companies headed by Microsoft has struck a serious blow against its operators. “We disrupted Trick… Continue reading Microsoft and partners cut off key Trickbot botnet infrastructure
TrickBot’s margin for success just got a lot smaller. The Pentagon’s offensive hacking arm, Cyber Command, has carried out an operation to hinder the ability of TrickBot, one of the world’s largest botnets, from attacking American targets, according to one U.S. government official who spoke to CyberScoop on the condition of anonymity because they were not authorized to discuss the matter. Microsoft also has sought to disrupt the TrickBot botnet, according to Tom Burt, the company’s corporate vice president of customer security and trust. The two operations represented distinct efforts to interrupt a pernicious threat that U.S. government officials say could be used to launch ransomware attacks against IT systems that support the voting process ahead of Election Day. Such an attack against voter registration systems, for instance, could result in confusion, delays or other uncertainties when Americans cast their ballots. As a result of the Microsoft operation, the people behind the TrickBot botnet — […]
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Over the last several weeks, a group of unidentified hackers have been methodically testing a new piece of code designed to steal credentials people use to log into banks and other financial institutions. Like many a product developer, the hackers have been fine-tuning the malicious software to make it more effective in siphoning off data from a mobile phone. Perhaps unbeknownst to the hackers, a team of researchers have been watching and taking notes. On Thursday, the researchers, from Boston-based security company Cybereason, published their findings in an effort to preempt attacks on banking customers. It’s one of a wave of recent malicious applications designed to steal users’ banking data. In the last month, security researchers have reported malware targeting banking customers in Brazil and Spain. As an even greater number of people around the world use mobile banking, the impetus for criminals to compromise those transactions has grown. The […]
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The FS-ISAC (Financial Services Information Sharing and Analysis Center) was launched in October 1999 by Treasury Secretary Lawrence Summers. It was the first such entity. Many subsequent ISACs have used the FS-ISAC as their model. The idea for ISACs w… Continue reading The FS-ISAC at Twenty