Twitter has said it is firing Peiter "Mudge" Zatko, the network security expert it hired in November 2020 as head of security. The security team changes - the CISO is also set to depart - follow "an assessment of how the organization was being led," according to a corporate memo shared with The New York Times.
The Federal Reserve has published its long-awaited discussion paper on a central bank digital currency. In it, the Fed points to the innovative qualities of digital currencies, but stresses potential risks to the nation's financial system, including heightened cyberthreats and privacy concerns.
Although flaws in Apache Log4j software that need remediating remain widespread in organizations, "some of them are aware of the issue, some of them aren't aware of the issue, and likely this issue is going to be persisting with us for many, many years," says Jeff Macko, an offensive security expert at Kroll.
Singaporean cryptocurrency exchange Crypto.com confirms that its platform fell victim to a multimillion-dollar cyberattack. In a postmortem entry on its site, Crypto.com says unauthorized withdrawals targeted Ethereum and Bitcoin of 483 users. Associated losses were near $34 million.
The latest edition of the ISMG Security Report features an analysis of whether the cyberattacks that hit Ukraine's government agencies last week are attributable to any group or nation-state along with updates to the cybersecurity executive order and illicit cryptocurrency trends.
Michael Lines is working with ISMG to promote awareness of the need for cyber risk management. As a part of that initiative, CyberEdBoard posts draft chapters from his upcoming book, "Heuristic Risk Management: Be Aware, Get Prepared, Defend Yourself." This chapter is "Recognize the Threats."
More information continues to emerge about the destructive malware attack that targeted Ukrainian government systems last week. As a probe continues, numerous questions about the incident remain unanswered. But the three-stage wiper attack, disguised as ransomware, apparently hit few systems.
In a span of just days, two prominent congressmen who have long advanced cybersecurity at the federal level announced that they will not be seeking reelection in 2022. Reps. Jim Langevin, D-R.I., and John Katko, R-N.Y., will, however, pursue a cyber agenda throughout the remainder of their terms.
Attackers have been actively targeting Log4j vulnerabilities, or Log4Shell, vulnerabilities in the servers of virtualization solution VMware Horizon to establish persistent access via web shells, according to an alert by the U.K. National Health Service.
VPN Lab, known for its alleged wide use by ransomware threat actors, has been shut down. Fifteen servers associated with VPNLab.net were seized or disrupted based on multiple international investigations tying the VPN service provider to cybercrime operations, according to Europol.
In 2022, there will be a push for identity management capabilities that are behind the scenes and built into processes, says Peter Tapling, a board member on the U.S. Faster Payments Council.
People are leaving their jobs in droves during "The Great Resignation," and the cybersecurity industry is not immune to the trend. Mike Hamilton, the former CISO for the city of Seattle, warns organizations about the opportunities this presents for cybercriminals and outlines how employers can work to retain talent....
GAO auditors say in a new report that the federal government's response to both the SolarWinds software supply chain attack and the exploitation of Microsoft Exchange Servers in 2021 sharpened its coordination efforts, but also exposed information-sharing gaps.
The defacement of Ukrainian government websites may have been intended as a smokescreen for a destructive malware attack that failed to execute or has yet to be unleashed, some security experts warn. Ukraine continues to investigate the attack, which it suggests may trace to Russia, Belarus or both.
With 16% of U.S. citizens using a cryptocurrency trading platform, OCC acting Chief Michael Hsu urges collaborative efforts to pass cryptocurrency regulations, which he says could lead to greater innovation in the space.
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