What’s not to love about an international law enforcement operation wreaking disruption on Hive, the ransomware-wielding crime syndicate? But with no suspects in jail, it’s unclear how long this takedown will stick before the bad guys get back their sting. There’s still plenty to celebrate since Hive, one of the world’s most active ransomware groups,…

The nearly $200 million it raised in December will allow Snyk to consolidate the developer security market through organic investment and acquisitions, says CEO Peter McKay. Snyk has focused on giving clients a 360-degree view of applications by integrating open-source security, container security, infrastructure-as-code security and cloud security together, he says. The company’s buy of…

Late last year, a group of threat actors managed to obtain “verified publisher” status through the Microsoft Cloud Partner Program (MCPP). This allowed them to surpass levels of brand impersonation ordinarily seen in phishing campaigns, as they distributed malicious applications bolstered by a verified blue badge only ever given to trusted vendors and service providers…

A recent spate of cyberattacks against small to midsize businesses (SMBs) across Northern Europe was initially believed to be the handiwork of LockBit, but following further investigation, it turns out that a copycat group is using leaked LockBit malware for campaigns of its own. According reports from Belgium’s Computerland publication, the “wannabes,” while not as…

We’ve recently seen substantial layoffs across the tech sector, to the tune of around 140,000 redundancies made by big names such as Amazon, Salesforce, Microsoft, and Tesla. As the recession bites, falling stock prices and further contraction in the market, together with merger and acquisition activity, are expected to force businesses to reduce head count…

QNAP released QTS and QuTS firmware updates to address a critical vulnerability, tracked as CVE-2022-27596 (CVSS v3 score: 9.8), that affects QNAP NAS devices. A remote attacker can exploit the vulnerability to inject malicious code on QNAP NAS devices. The flaw is easy to exploit without user interaction or privileges on the vulnerable device. The…

U.S. government and industry authorities are warning the healthcare sector of a surge in distributed-denial-of-service attacks in recent days against hospitals and other medical entities instigated by Russian nuisance hacking group KillNet. The American Hospital Association on Monday issued an alert for its members based on a warning also issued Monday by the Department of…

A wealthy Russian businessman and associates made tens of millions of dollars by cheating the stock market in an elaborate scheme that involved hacking into U.S. computer networks to steal insider information about companies such as Microsoft and Tesla, a prosecutor told jurors on Monday. Vladislav Klyushin, the owner a Moscow-based information technology company with…