In this video for Help Net Security, Maor Hizkiev, Senior Director Software Engineering at Datto, talks about a recently analyzed community phishing campaign revolving around Nvidia. This phishing campaign started back in 2020, when Nvidia released their 30 series of graphic cards, which are heavily used by cryptominers. Datto started monitoring this phishing campaign on…

This is a result of basic mechanics: “When one object exerts a force on a second object, the second one exerts a force on the first that is equal in magnitude and opposite in direction.” In cyber, it means that when defenses get stronger, attackers get more sophisticated; and when attackers get more sophisticated, defenses…

The number of cybersecurity-related mergers and acquisitions announced in the past months has remained constant, with 40 deals announced in November 2021. November 1-7 Appsian Security acquires Q Software ERP data security and compliance firm Appsian Security acquired Q Software, which specializes in security and compliance solutions for JD Edwards EnterpriseOne, JD Edwards World, and…

Poly Network fired off a tweet Wednesday saying hackers had returned $260 million worth of the digital assets taken in a heist a day earlier valued at $613 million. Polygon had urged the thieves to return the stolen fortune and provided online addresses for transfers. “Seven minutes prior to sending the first transaction returning some…

Law enforcement agencies across the world advise companies that are victims of ransomware attacks not to pay the ransom. Aside from the risk of criminals taking the money and running, paying encouraging further attacks and potentially could be illegal depending on where the money is being sent. The US Treasury Department’s Office of Foreign Assets…

Cryptojacking Fluctuates Along with Cryptocurrency Values

It’s hard to know who tracks the value of cryptocurrencies more closely. Is it the investors who own the virtual coins, or the criminals who hijack computing power to mine them? For their part, the criminals clearly do follow cryptocurrency values. Symantec, as detailed in its annual Internet Security Threat Report (ISTR), tracked a decline…

Move Over, Ransomware: Why Cybercriminals Are Shifting Their Focus to Cryptojacking

According to the 2018 IBM X-Force Threat Intelligence Index, the frequency and sophistication of malicious cryptocurrency mining, also called “cryptojacking,” has increased drastically in the past year. This mining is changing malicious actors’ priorities: While they had previously targeted companies’ data and financial assets, they are now seeking to extract value from organizations’ computing resources….