Your best defense against ransomware: Find the early warning signs
scariest things for security pros is how quickly it can paralyze an organization. Just look at Honda, which was forced to shut down all global operations in June, and Garmin, which had its services knocked offline for days in July. Ransomware isn’t hard to detect but identifying it when the encryption and exfiltration are rampant…
Cyber losses are increasing in frequency and severity
Cyber attacks have increased in number and severity since the onset of the pandemic. The changes organizations implemented to facilitate remote work have given cybercriminals new opportunities to launch campaigns exploiting mass uncertainty and fear. Ransomware attack severity increases In fact, since the beginning of COVID-19, Coalition observed a 47% increase in the severity of…
What happens to funds once they have been stolen in a cyberattack?
SWIFT and BAE Systems published a report that describes the complex web of money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after a cyber attack. The report highlights the ingenuity of money laundering tactics to obtain liquid financial assets and avoid any subsequent tracing of the funds….
Cyber Attack Halts New Zealand Stock Market for Third Straight Day
The New Zealand Exchange (NZX) said the bourse was placed into a trading halt at about 11.10am local time “as a result of network connectivity issues relating to DDoS cybersecurity attacks”. A distributed denial of service attack — commonly known as a “dee-dos” or DDoS — involves disrupting computer networks by flooding them with traffic….
FBI, NSA Share Details on New ‘Drovorub’ Linux Malware Used by Russia
Drovorub, a joint advisory from the NSA and the FBI reveals, is being employed by the Russian General Staff Main Intelligence Directorate (GRU) 85th Main Special Service Center (GTsSS) military unit 26165, which is better known as the cyber-espionage group APT 28 (Fancy Bear, Pawn Storm, Strontium, Sednit, Tsar Team). APT 28 is believed to…
Analysis of 92 billion rejected emails uncovers threat actors’ motivations
Mimecast released the Threat Intelligence Report: Black Hat U.S.A. Edition 2020, which presents insights gleaned from the analysis of 195 billion emails processed by Mimecast for its customers from January through June 2020. Of those, 92 billion (47%) were flagged as malicious or spam and rejected. Main trends Two main trends ran throughout the analysis:…
More Fake Cryptocurrency Apps Deliver GMERA Malware to Mac Users
Previous attacks involving this malware family were observed leveraging malicious versions of the trading app Stockfolio, and security researchers also associated the GMERA Trojan with the activities of North Korean hackers. Recently identified campaigns featuring the malware involved the use of several websites that distributed malicious applications claiming to provide cryptocurrency trading capabilities. The cybercriminals…
New wave of attacks aiming to rope home routers into IoT botnets
A Trend Micro research is warning consumers of a major new wave of attacks attempting to compromise their home routers for use in IoT botnets. The report urges users to take action to stop their devices from enabling this criminal activity. The importance of home routers for IoT botnets There has been a recent spike…
Seven Ransomware Families Target Industrial Software
Many ransomware families are designed to kill certain types of running processes. They might target security products to prevent them from blocking the attack and they can also terminate critical system processes so that they can encrypt files associated with these applications in an effort to cause disruption, which can increase the cybercriminals’ chances of…
Bitdefender Digital Identity Protection: Safeguarding a person’s online reputation
As the professional world moves increasingly online, Bitdefender announces the global launch of Bitdefender Digital Identity Protection, the service that lets freelancers, self-employed, consultants and even private individuals control their online reputation. Digital Identity Protection taps the award-winning security technology of Bitdefender, perfected over two decades of service in the fight against cybercrime, to let…