The latest edition of the ISMG Security Report analyzes whether a leaked database compiled by a Chinese company should be a cause for serious concern. Also featured are discussions on vulnerability disclosure challenges and risks posed by using social media apps for payments.
Federal prosecutors have unsealed indictments charging five Chinese suspects - alleged members of the China-linked APT41 hacking group - with breaching more than 100 companies, government agencies and other organizations around the world.
So-called "cybersquatting" attacks are surging, with financial and e-commerce websites - including those of PayPal, Royal Bank of Canada, Bank of America and Amazon - among the most frequent targets, according to Palo Alto Networks' Unit 42.
Since 2018, an advanced persistent threat group dubbed RedCurl, which has served as a team of for-hire hackers specializing in corporate espionage, has hit at least 14 targets in Canada, Russia, the U.K. and beyond, says cybersecurity firm Group-IB.
The Domain Name System, which is at the heart of the internet, is a rich source of data that can help organizations defend themselves against cybercrime. DNS pioneer Paul Vixie says monitoring DNS traffic is crucial, and it's advisable to run your own recursive resolver.
Cybercriminals have shifted their focus from individuals and smaller businesses to target governments, critical health infrastructure and major corporations to maximize their profits and disruption during the COVID-19 pandemic, a new Interpol report warns.
The U.S. Treasury's Financial Crimes Enforcement Network is alerting financial institutions about surging COVID-19 themed scams and other "illicit activities," ranging from fraud involving the sale of fake cures, tests and vaccines to price gouging for supplies.
Cryptocurrency-mining hackers appear to be behind a recent spate of supercomputer and high-performance computing system intrusions. But it's unclear if attackers might also have had data-stealing or espionage intentions.
The FBI warns that the notorious FIN7 cybercrime gang has a new trick up its sleeve: Mailing victims a $50 gift card portrayed as good for redeeming items listed on an accompanying USB storage device, which in reality downloads Griffon backdoor software to give attackers remote access.
Cybercriminals targeted mobile banking users by sending malicious SMS messages to their smartphones as part of a phishing campaign to steal account holders' information, including usernames and passwords, according to the cybersecurity firm Lookout.
A cyberattack targeting one of the largest banks in the U.S. that stops the processing of payments likely would have a major ripple effect throughout the financial system, according to a new report from the Federal Reserve Bank of New York.
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.