President Joe Biden is asking Congress to boost CISA's budget by $110 million in 2021 to allow the agency to address a range of cybersecurity issues following several high-profile incidents that have happened in the past six months.
Email security provider Cofense and data security firm StrikeForce Technologies both have announced strategic acquisitions this pas week. Meanwhile, data protection firm OneTrust received additional funding.
Visa's Payment Fraud Disruption team reports that cybercriminals are increasingly using web shells to establish command and control over a retailers' servers during payment card skimming attacks.
Citing national security concerns, the U.S. Commerce Department has placed seven Chinese supercomputer organizations on the Entity List, which effectively bars them from receiving supplies or components from U.S. companies.
How can automation help to reduce money laundering fraud? Larry Gordon and Kathleen Gowin of the consultancy Endurance Advisory Partners describe how predictive KYC can help mitigate risks.
The increasing reliance on collaboration tools such as Slack and Discord to support those working remotely during the COVID-19 pandemic has opened up new ways for fraudsters and cybercriminals to bypass security tools and deliver malware, Cisco Talos reports.
For the second time in two years, the contents of the darknet payment card marketplace Swarmshop have been removed and posted to a competing underground forum, Group-IB reports. The content includes data on more than 600,000 payment cards as well as administrator, seller and buyer information.
Researchers at the security firm Intel 471 report cybercriminal gangs are using a newly uncovered malicious document builder called "EtterSilent" to create differentiated, hard-to-discover, malicious documents that can be deployed in phishing attacks.
The now-defunct Ziggy ransomware gang is reportedly offering to return the ransoms it collected, but some security experts question whether the offer is legitimate or a publicity stunt.
Attackers are targeting unpatched SAP applications, and the exploits could lead to the hijacking of the vulnerable systems, data theft and ransomware attacks, SAP and Onapsis Research Labs report. They note that patches for most of the flaws have been available for several years.
Today's cryptocurrencies are based on cryptographic standards that eventually could be broken via quantum computing, says Gideon Samid of BitMint, which has developed a virtual currency based instead on the concept of "quantum randomness."
A Russian-speaking cybercriminal recently sold on a darknet forum thousands of stolen payment and gift cards that researchers at Gemini Advisory believe were taken from the now-defunct online gift card exchange Cardpool.com.
How much does it cost to recover from a ransomware attack? For the Scottish Environment Protection Agency, which was hit by the Conti ransomware-wielding gang on Christmas Eve, reported cleanup costs have reached $1.1 million. SEPA is still restoring systems and has refused to pay any ransom.
Months after the December cyberattack on Accellion's File Transfer Appliance, the identities of more healthcare sector entities that were affected continue to come to light. The latest victims to be revealed include four health plans.
Crypto banks need to develop new ways to track suspicious activities, such as money laundering, says James Wester, research director, worldwide blockchain strategies, at IDC, a technology research and analysis provider.
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