An Estonian national accused of causing more than $53 million in ransomware losses has been sentenced to U.S. federal prison for furthering and facilitating computer intrusions, the movement of fraudulently obtained goods and funds, and the monetization of stolen financial account information.
As President Joe Biden visits Europe this week, the U.S. and the European Commission announced they have agreed in principle to a new Trans-Atlantic Data Privacy Framework. Officials say it will foster cross-border data flows and address concerns raised by the EU Court of Justice in 2020.
In the latest weekly update, editors at Information Security Media Group discuss important cybersecurity issues, including the White House warning about escalated cyberthreats from Russia, the impact of the Russia-Ukraine war on the healthcare sector and why combating SIM swap fraud remains challenging.
Online attackers are increasingly targeting the financial services sector. John Fokker, head of cyber investigations at Trellix, says his firm has charted a 22% quarterly increase in ransomware attacks on financial services, and APT detections have risen by 37%. Here's how the industry must respond.
Police in London say they've arrested seven people that the BBC reports are tied to the Lapsus$ hacking group, which has claimed responsibility for data breaches involving Okta, Microsoft, Nvidia, Ubisoft and more. The names of the suspects, who are mostly teenagers, have not been released.
The U.S. Department of Justice has indicted a 23-year-old Russian national for operating a cybercriminal marketplace that sold thousands of stolen login credentials, PII and authentication tools, according to U.S. Attorney Brit Featherston of the Eastern District of Texas.
The number of major health data breaches posted to the federal tally so far in 2022 - and the total number of individuals affected by those breaches - has surged in recent weeks as reports of large hacking incidents continue to flow in to regulators.
IT officials from Ukraine continue to call out alleged Russian cyberattacks. This comes as hacktivists have taken matters into their own hands in the digital underground. Also: NATO pledges additional cyber support, while President Joe Biden urges U.S. governors to bolster defenses.
The latest edition of the ISMG Security Report reviews the latest cyber resilience "call to action" from the White House and also explores authentication provider Okta's failure to inform hundreds of customers in a timely manner that their data could have been stolen by the Lapsus$ group.
A public health department and a medical specialty practice are among the latest entities reporting major hacking incidents affecting tens of thousands of individuals' sensitive health information. Some experts say the breaches follow disturbing, evolving cyber trends.
Greek postal service Hellenic Post says a ransomware incident has forced it to pull a majority of its operations offline. It is working with IT security experts to probe the attack and restore services. Its subsidiary ELTA Courier has taken over nearly all operations to maintain business continuity.
Yet another ransomware-wielding group of criminals has hit an organization in the health sector. This time, it's cybercrime group RansomEXX, which has been trumpeting an attack against the Scottish Association for Mental Health. The crime gang says it has stolen more than 12GB of data from SAMH.
Identity management company Okta and Microsoft have confirmed breaches by the Lapsus$ group, which has been on a high-profile hacking spree. Okta is facing increasing pressure to more fully describe the impact of its incident, as Okta's identity systems are widely used across enterprises.
The ransomware-as-a-service operation AvosLocker has been amassing "victims across multiple critical infrastructure sectors in the United States," the FBI warns in a new alert that includes known indicators of compromise and tactics employed the group and essential defenses for all organizations.
The MITRE ATT&CK framework has been around for years, but we are now seeing it being adopted by organizations more as they realize the need for a strong IT security team and more funding is becoming available to increase the maturity of information security programs.
This framework helps organizations manage cyber...
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