Ransomware dominated the online-enabled crime landscape in 2020, some security experts say, thanks to the massive profits it's been generating and the relative ease of use for attackers - including support from a burgeoning cybercrime-as-a-service market.
This edition of the ISMG Security Report features an analysis of key takeaways from the breaches tied to flaws in the Accellion File Transfer appliance. Also featured: Equifax CISO Jamil Farshchi on transforming supply chain security, plus an analysis of how "work from anywhere" is affecting cybersecurity.
Researchers with Microsoft and FireEye are disclosing additional malware used by the hacking group that targeted SolarWinds last December. These second-stage malware variants appear to have been deployed after organizations downloaded the "Sunburst" backdoor hidden in a software update.
The Russian carding and fraud discussion forum Maza has been breached, and hackers have leaked what appear to be legitimate members' details, including email addresses and forum credentials, threat-intelligence firms report. The breach and data leak follows a recent wave of attacks against cybercrime forums.
Qualys has confirmed that its Accellion File Transfer Appliance software was breached by zero-day-wielding attackers after stolen customer data appeared on the Clop ransomware gang's data leaks site. The security firm's public breach notification comes more than two months after the firm first learned it had been...
One day after Microsoft disclosed four serious flaws in Microsoft Exchange email servers, attackers are going on a wide hunt for vulnerable machines, some security experts say. The flaws could be exploited for creating backdoors for email accounts or installing ransomware and cryptominers.
Microsoft issued emergency software patches on Tuesday for four zero-day vulnerabilities in its Exchange email server. The alarming vulnerabilities could allow a remote attacker into Exchange and possibly enable further lateral movement.
Using a nearly 20-year-old file transfer product - what could go wrong? Among the many lessons to be learned from the Accellion File Transfer Appliance mess is this: Attackers will devote substantial resources to reverse-engineer hardware, software or a service if there's a financial upside.
In an eye-opening look at the cost burden of a ransomware attack, Universal Health Services reports that an incident last September had a $67 million economic impact - citing, for example, the need to divert patients to competing facilities for urgent care. But insurance may cover much of the cost.
State-sponsored groups in China appear to be targeting India’s power supply by dropping malware into systems, according to online digital threat analysis company Recorded Future. The Indian government says it has taken steps to mitigate the risks.
The mobile channel saw great user adoption in 2020 – and it saw a corresponding increase in fraud incidents. Tim Dalgleish of BioCatch discusses mobile fraud trends and the role of behavioral biometrics in enhancing user authentication.
In this interview with ISMG, Dalgleish discusses:
Mobile adoption and fraud...
Account takeover occurs when criminals use stolen login credentials to gain access to another person’s account. Once inside, they make unauthorized transactions, siphon funds, and steal corporate data or personally identifiable information (PII) to use for other purposes, or simply to sell to other attackers on the...