Latest

Cloud Security

Tenable's Amit Yoran Takes Medical Leave; Interim CEOs Named

Michael Novinson  •  December 5, 2024

Longtime Tenable CEO Amit Yoran is temporarily stepping aside for cancer treatment and recovery, with top deputies Stephen Vintz and Mark Thurmond stepping up to lead the organization. Yoran was diagnosed in March with a treatable form of cancer, but recently learned he needs additional treatment.

Fraud Management & Cybercrime

Russian Money Laundering Services Busted in UK-Led Operation

Akshaya Asokan  •  December 4, 2024

An international investigation led by the U.K. busted Russian money cash-for-crypto laundering networks in an operation that's led to the arrest of 84 individuals and U.S. sanctions against others. One of the network allegedly laundered extortion money paid to the Ryuk ransomware group.

Cybercrime

Police Shutter Largest German-Speaking Criminal Marketplace

Akshaya Asokan  •  December 4, 2024

German police arrested the suspected administrator of the largest German-speaking underground markets for illegal goods and services. Crimenetwork, online since 2012, was used to sell stolen data, drugs and forged documents. The platform had more than 100,000 users and 100 sellers.

Cybercrime

'Horns&Hooves' Malware Campaign Hits Over 1,000 Victims

Prajeet Nair  •  December 3, 2024

A malware campaign targeting Russian retailers and service businesses aims to deploy remote access tools and install infostealer malware. Kaspersky dubbed the campaign "Horns&Hooves," after a fake organization set up by fraudsters in the 1931 Soviet satirical novel "The Little Golden Calf."

Cybercrime

European Police Disrupt Matrix Encrypted Service

Akshaya Asokan  •  December 3, 2024

French and Dutch police led the takedown of an encrypted messaging platform used in international drug and arms trafficking. Dutch police discovered the app, named Matrix, on the phone of a criminal convicted in 2021 of murdering a journalist.

Artificial Intelligence & Machine Learning

The AI Wave Is Sweeping the Payments Industry

Yamini Kalra  •  December 3, 2024

The payments industry, which has operated on established frameworks for decades, is adapting - or forced to adapt - to a new kind of intelligence. For industry heavyweights Visa and Mastercard, AI is becoming a tool to drive fraud detection, customer experience and operational agility.

ISMG Editors: Major Crypto Mixer Decision Redefines Rules

Anna Delaney  •  November 29, 2024

In the latest weekly update, ISMG editors discussed Tornado Cash's landmark legal victory and what it means for crypto mixers, the impact of artificial intelligence on data privacy, and advancements in cybersecurity for which the industry can be thankful as it heads into 2025.

Blockchain & Cryptocurrency

Trump's Crypto Plans Raise Alarms Over Conflicts of Interest

Chris Riotta  •  November 28, 2024

President-elect Donald Trump's strong cryptocurrency support amid market volatility is raising concerns over potential conflicts of interest, with experts warning his agenda - including potential plans to appoint a White House crypto czar - could destabilize the economy and undermine public trust.

Breach Notification

Breach Roundup: Microsoft Tries Again With Windows Recall

Anviksha More  •  November 28, 2024

This week, Microsoft previews its latest attempt to introduce AI-enabled Windows Recall - now with added privacy features; over 1,000 cybercrime suspects busted in Africa; regulators report "smart" device update promises often missing; and Florida IT professional caught spying for China.

Blockchain & Cryptocurrency

US Appeals Court Reverses Tornado Cash Sanctions

Rashmi Ramesh  •  November 27, 2024

A U.S. federal appeals court ruled U.S. Department of Treasury exceeded its authority by sanctioning Tornado Cash, a cryptocurrency mixing service used by North Korean hackers to launder more than $455 million. Smart contracts "are not capable of being owned," the court ruled.

Cybercrime

Feds Indict 5 Suspects Tied to Scattered Spider Cybercrime

Prajeet Nair , Mathew J. Schwartz  •  November 21, 2024

The U.S. government on Wednesday unsealed criminal charges against five suspected members of the "loosely organized, financially motivated cybercriminal group" Scattered Spider. The suspects have been tied to 45 attacks, disrupting businesses and stealing cryptocurrency worth millions of dollars.

Open XDR

N-able Strengthens Cybersecurity via $266M Adlumin Purchase

Michael Novinson  •  November 20, 2024

With Adlumin’s cloud-native XDR and MDR services, N-able consolidates its position as a leader in IT management. Buying the Washington D.C.-based security operations vendor for up to $266 million drives value through AI-powered threat detection and compliance solutions tailored for MSPs.