Nair is principal correspondent for Information Security Media Group's global news desk. He has previously worked at TechCircle, IDG, Times Group and other publications where he reported on developments in enterprise technology, digital transformation and other issues.
The U.S. Government Accountability Office is urging policymakers to adopt coordinated cybersecurity monitoring of 5G networks, to ensure a safe rollout of the new technology.
French IT services firm Sopra Steria, which was hit with Ryuk ransomware in October, now estimates that the attack could cost the company up to $60 million in recovery costs. Experts say that after going quiet in March, Ryuk reappeared in September, and has targeted numerous hospitals.
Last week, fraudsters targeted two cryptocurrency platforms by accessing domains managed by GoDaddy, according to notices published by the victimized firms. The domain register company previously has had issues with unauthorized access.
Fraudsters are increasingly using free Google services to create more realistic phishing emails and malicious domains that circumvent security filters, the security firm Armorblox reports.
Although the global financial industry has made strides in protecting its data from malware, including Trojans, cyberthreats such as network intrusion, ransomware and criminal gang cooperation are presenting fresh challenges, according to the Carnegie Endowment for International Peace.
Researchers at the security firm Cybereason have uncovered a multistage malware variant that evades antivirus tools and is targeting users of a major Brazilian e-commerce site.
An accused ringleader of the notorious FIN7 hacking group, which prosecutors say stole 15 million payment cards over several years, has pleaded guilty to federal charges. Andrii Kolpakov faces up to 25 years in prison.
Researchers at Area 1 Security say a recently uncovered phishing campaign using a message saying that the recipient has been fired from their job is attempting to plant two malware strains - Bazar and Buer - using the Trickbot botnet.
A recently uncovered banking Trojan targeting Android devices can spy on over 150 apps, including those of banks, cryptocurrency exchanges and fintech firms, as a way to gather credentials and other data, according to an analysis by security firm Kaspersky.
Researchers at Kaspersky have uncovered a Linux version of the RansomEXX ransomware that, until now, had targeted only Windows devices. The ransomware has been tied to several high-profile attacks over the last several months.
The operators behind a botnet dubbed "Gitpaste-12" are abusing legitimate services such as GitHub and Pastebin to help hide the malware's malicious infrastructure, according to Juniper Threat Labs. This botnet mainly targets Linux apps and IoT devices and can mine cryptocurrency.
Researchers are tracking the movements of nearly $1 billion in cryptocurrency that recently moved from a mysterious digital wallet, which may have ties to the notorious darknet marketplace Silk Road, which law enforcement shuttered in 2013.
The FBI has issued a flash alert warning that unidentified threat actors are actively targeting vulnerable SonarQube instances to access source code repositories of U.S. government agencies and private businesses.
The U.K. NCSC responded to over 700 cyber incidents over a 12-month period, 200 of which were related to the COVID-19 pandemic, according to the cyber agency's annual report. NCSC also notes that's it's preparing to step-up its response to cyber incidents involving the NHS and vaccine development.
In a notification letter filed to the Montana Department of Justice, precious metal trader JM Bullion has revealed that an unknown amount of customer information has been compromised in a data breach. The security incident took place over a five-month period earlier this year.
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