Pity the overworked ransomware gang - say, LockBit - that just "discovered" one of its affiliates hit Britain's postal service. But until Western governments find a way to truly disrupt the ransomware business model, operators remain free to keep spouting half-truths and lies at victims' expense.
Meta says it is taking legal action against scraping-for-hire service provider Voyager Labs for allegedly using fake accounts to copy accessible data about users when logged into Facebook, Instagram and other websites. The social media firms says it closed 60,000 fake accounts.
Sift has landed top Ping Identity lieutenant Kris Nagel as its new CEO and tasked him with driving more account takeover and bot detection engagements. The San Francisco-based digital trust and safety vendor has directed Nagel to build out more technology partnerships in the fraud community.
In 2023, we'll see ransomware groups exploring new methods to get money from the same victims and entering the "the fifth generation of ransomware." Cybereason field CISO Greg Day shares his predictions for cybersecurity trends this year, from cloud security to deepfake scams.
Vista Equity Partners' specialization in enterprise software and bench of subject-matter experts should help KnowBe4 reach $1 billion in ARR, says CEO Stu Sjouwerman. The processes and tech stack that got KnowBe4 to $300 million in ARR today aren't necessarily what'll get the firm to $1 billion.
In the latest weekly update, ISMG editors discuss how online markets selling illegal substances are moving to Android apps to evade authorities, how check fraud, first-party and AI-related fraud will increase in 2023, and how Chinese state-sponsored actors may benefit from Russia's war in Ukraine.
The prolific ransomware group LockBit has been tied to the recent disruption of Britain's national postal system, as Royal Mail reports it remains unable to send international letters or parcels. While LockBit has enjoyed unusual longevity, could this attack be its undoing?
Since Elon Musk became Twitter's CEO, cyber risks have affected the social media company in technological, financial, regulatory and reputational ways. Marco Túlio Moraes says the big issue is that the risks now affect a significant digital business world asset: trust.
The cyber incident at the Royal Mail that is impeding exports from the United Kingdom is reportedly a ransomware attack by the LockBit ransomware-as-a-service group. Britain's national postal service told customers Thursday not to post export items.
As regulators push healthcare entities and vendors to make it easier for patients to access their electronic health information, organizations must balance compliance with the prevention of potential security breaches, says attorney David Holtzman of HITprivacy LLC.
Trend Micro spotted operators of the Gootkit malware loader targeting the Australian healthcare sector. Trend Micro doesn't assert the Gootkit campaign is behind a ransomware attack against the country's largest private health insurer but says the "recent campaign might remind us of this incident."
Senior U.S. and Japanese officials pledged deepened cooperation in cyberspace while signaling readiness to rebuff China through deployment of an upgraded Marine Corps unit to Okinawa. U.S. President Joe Biden is set to meet Friday with Japanese Prime Minister Fumio Kishida at the White House.
The Vice Society ransomware group today claimed responsibility for a December 2022 attack on an Australian state fire department that led to a widespread IT outage. Fire Rescue Victoria warned current and former employees and job applicants of data leak.
The Guardian newspaper told staffers Wednesday that a December 2022 cyber incident was a ransomware attack and that hackers have accessed staff information. The breach is limited to U.K. staff and no personal data of readers or staff in its U.S. or Australian offices has been affected.
Hackers are going downstream in their attacks on healthcare sector entities and their third-party business associates because in many cases, these cybercriminals have already hit up the larger players, says Michael Hamilton, CISO of security firm Critical Insight.
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