According to the agency, miscreants are taking advantage of the increased interest in cryptocurrency and the complex functionality and the open source nature of DeFi platforms to perform nefarious activities. Cybercriminals are exploiting security flaws in the smart contracts governing DeFi platforms to steal virtual currency and cause investors to lose money, the FBI says….

Would-be cryptocurrency investors are being targeted in a scam that has already stolen more than $42.7 million from 244 victims, according to the latest private industry notification from the Federal Bureau of Investigation. According to the FBI, scammers have used phishing attacks to convince victims to download fake mobile cryptocurrency investment apps impersonating legitimate investment…

A less known ransomware threat dubbed Maui has been and is likely to continue hitting healthcare organizations, a new CISA alert warns. Maui is unusual in many ways: it does not show a ransom note, it does not rely upon external infrastructure to receive encryption keys, and it does not encrypt files and/or systems indiscriminately….

Wray told a Boston College cybersecurity conference that his agents learned of the planned digital attack from an unspecified intelligence partner and got Boston Children’s Hospital the information it needed last summer to block what would have been “one of the most despicable cyberattacks I’ve seen.” “And quick actions by everyone involved, especially at the…

The FBI in March targeted and disabled the command and control communications of a botnet controlled by the infamous Russian General Staff Main Intelligence Directorate (GRU) hacking team Sandworm, the US Department of Justice (DoJ) announced today. The botnet used WatchGuard Technologies and ASUSTek Computer (ASUS) firewalls compromised with the so-called Cyclops Blink malware, which…

Ransomware actors are known for performing extensive research prior to launching an attack on victims, using publicly available information, along with material non-public data. Should the victim refrain from paying the ransom, the attackers threaten to disclose the gathered information publicly, thus attempting to extort the victim, the FBI warned. “Ransomware actors are targeting companies…

The company, Radixx, said it noticed “unusual activity” around its reservations program on Tuesday. It did not describe the malware or say how it got into the program. A spokeswoman for Radixx’s parent, Southlake, Texas-based Sabre Corp., said Friday that the company was beginning to restore service to airline customers. Kristin Hays said the company…