In the latest weekly update, Information Security Media Group Editors discuss current cybersecurity and privacy issues, including advice on strengthening off-hours defenses during the holiday season, emerging cybercrime trends in 2022, and Palo Alto's first big M&A since early 2021.
The latest edition of the ISMG Security Report discusses how the profits of ransomware group Zeppelin have been smashed by security researchers, FTX again highlighting the risks of trading cryptocurrencies, and vendor Extrahop's newly appointed, high-profile president.
Security firm Group-IB has identified 34 hacking groups that are now selling a stealer-as-a-service model to spread infostealer malware and steal credentials from online gaming and payment accounts. The company advises organizations to be on the lookout for Raccoon and Redline infostealers.
The nefarious LockBit 3.0 cybercriminal group is claiming responsibility for the ransomware attack that halted municipal services and shut down employee email accounts in Westmount, Quebec, giving the city a deadline of Dec. 4 to make an undisclosed ransom payment.
Budding cybercriminals can purchase a large number of specialized services from the ransomware criminal underground, reports cybersecurity firm Sophos. The services range from malware distribution to network scanning and even include OPSEC-as-a-service.
A Ukrainian man is fighting extradition to the United States, where he faces a four-count criminal indictment for his role in operating the Raccoon malware-as-a-service infostealer malware. Dutch authorities arrested Mark Sokolovsky, 26, in March, shows an unsealed indictment.
The LockBit group has paid the first payment of $50,000 as part of its bug bounty program for researchers willing to aid in cybercriminality. The group had announced that it will pay individuals who find exploitable vulnerabilities in the software it uses to maliciously encrypt files.
Password manager LastPass says the attackers behind the August security incident had access to its systems for four days. LastPass CEO Karim Toubba, sharing details about last month's breach, confirms that there is no evidence of any threat actor activity beyond the established timeline.
After an international law enforcement operation shuttered stolen data forum RaidForums in February, one of its power users launched a replacement called Breached. Within months, the English-language forum has amassed more stolen records and nearly as many users as its predecessor.
The Lazarus Group, a North Korean advanced persistent threat gang, recently targeted energy companies in Canada, the U.S. and Japan to establish long-term access into victim networks to conduct espionage operations by deploying custom-built malware implants VSingle, YamaBot and MagicRAT.
The operators behind banking Trojan SharkBot are distributing an updated version of the malware on now-deactivated malicious applications on Google Play. Called Mister Phone Cleaner and Kylhavy Mobile Security, the apps have been downloaded 10,000 and 50,000 times, respectively, says Fox-IT.
In the latest weekly update, four Information Security Media Group editors discuss key cybersecurity issues, including the high cost of BEC scams, a Cuba ransomware gang's attack on Montenegro, and why so many hacktivists couldn't overcome the technical ennui of the Russia-Ukraine cyberwar.
Chinese intelligence is conducting cyberespionage campaigns targeting corporations involved with energy extraction in the South China Sea, researchers say. Proofpoint and PwC conclude with moderate confidence the campaign is the work of the threat actor known as TA423 or Red Ladon.
As ransomware continues to pummel organizations left, right and center, two states have responded by banning certain types of ransom payments, and more look set to soon follow suit. But experts warn such bans could have "terrible consequences," leading to costlier and more complicated recovery.
Ransomware karma: The notorious LockBit 3.0 ransomware gang's site has been disrupted via a days-long distributed-denial-of-service attack, with administrator LockBitSupp reporting that it appears to be retribution for the gang leaking files stolen from a recent victim: security firm Entrust.
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