U.S. agencies have issued a warning about increases in bank heists worldwide spearheaded by a hacking group called "BeagleBoyz," a subset of the Lazarus Group, which has ties to the North Korean government.
The Lazarus Group, which has ties to the North Korean government, recently targeted an employee of a cryptocurrency exchange with a fake job offer in order to plant malware and steal virtual currency, according to F-Secure.
The latest edition of the ISMG Security Report analyzes why Barclays is being investigated for allegedly spying on its employees. Also featured: How the pandemic is affecting CISOs; an FBI assessment of nation-state threats to U.S. election.
The U.S. Justice Department has seized more than $2 million worth of cryptocurrency from terrorist groups who solicited donations via social media and waged fraud campaigns.
The day after President Trump issued executive orders to ban Chinese-owned social media apps TikTok and WeChat, Sanjay Virmani of the FBI's San Francisco office shared insights on the Chinese cyberthreat, election security and crime trends in the wake of COVID-19.
President Donald Trump, citing national security concerns, has signed two executive orders that will ban the Chinese-owned social media platforms TikTok and WeChat from the U.S. within 45 days. The orders appear designed to accelerate the sale of the two platforms to American firms.
In a private industry alert, the FBI warns U.S. firms of possible malware hidden in tax software the Chinese government requires companies doing business in the nation to use. The warning follows reports by Trustwave about backdoors that can give hackers access to entire networks.
The latest edition of the ISMG Security Report analyzes the latest developments in banning Huawei technology from 5G networks. Also featured are discussions of how to respond better to cybercrime and whether we're on the cusp of a digital currency revolution.
The U.S. Secret Service is combining its electronic and financial crime units into a single task force that will focus on investigating cyber-related financial crimes, such as BEC schemes and ransomware attacks. The move comes as lawmakers push for the Secret Service to take a more active role in fighting cybercrime.
Hackers with apparent ties to North Korea have extended their bag of online attack tricks beyond cryptocurrency mining, online bank heists and ransomware. Now, they're also hitting e-commerce merchants in the U.S. and Europe with Magecart attacks to steal payment card data, security firm Sansec reports.
U.S. financial institutions are vulnerable to a new array of attacks from cybercriminals and nation-state hackers as a result of the COVID-19 pandemic, experts told a Congressional panel at a virtual hearing.
Ransomware, wire transfer fraud, destructive attacks: In recent months, the financial sector has seen these and other online attacks surge by 238% as criminals continue to exploit the pandemic, warns Tom Kellermann of VMware Carbon Black, who shares findings from his firm's third "Modern Bank Heists" report.
Two Chinese nationals have been indicted by the U.S. Justice Department for allegedly laundering $100 million in cryptocurrency stolen by North Korean hackers in 2018.
Banking Trojans and cryptocurrency mining malware continue to be among the most-seen types of malicious code used for nontargeted attacks. But cybercrime attackers are increasingly running targeted campaigns, security researchers warn.
A confidential, leaked UN report warns that North Korea has funneled an estimated $2 billion - stolen via online bank and cryptocurrency exchange heists as well as generated via cryptocurrency mining - into its nuclear and missile-development programs.
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