Ransomware attacks pose the biggest cybersecurity threat to U.K. organizations, particularly hospitals and schools, the country’s National Cyber Security Centre warns. So far in 2022, 18 ransomware attacks have required nation-level coordinated efforts to mitigate the threats, it adds.
With fraudsters evolving their tactics and tricking a growing number of people with authorized payment scams, it's time for banks and security solution providers to explore new ways to protect consumers who are left holding the bag, says Ian Mitchell, managing partner at Omega FinCrime.
Should Australia's Medibank health insurer pay extortionists to prevent the release of sensitive medical documents related to millions of Australians? There's no easy answer to remedying what is the most severe cybercriminal incident in Australian history.
North Korean state hacking group Kimsuky is developing Android malware targeted at South Korean users by disguising the apps as legitimate apps including a Google security plug-in and a document viewer. Seoul-based cybersecurity company S2W dubs the apps FastFire, FastSpy and FastViewer.
Many ransomware-wielding attackers - including big-name groups - have been collectively shooting themselves in the foot by resorting to "amateur" tactics, including decryptors that fail to decrypt as well as gangs re-extorting the same victims. Cue fewer victims opting to pay a ransom.
Customer engagement platform Twilio says the number of customers affected by a phishing campaign that coaxed employees of the San Francisco company into permitting attackers to bypass multifactor authentication protections will stand at a final tally of 209.
Fallout from the hack of Australian health insurer Medibank continues to worsen as the company twice this week acknowledged a wider set of affected individuals. Hackers had access to the personal data of 4 million individuals and significant amounts of health claims data.
Nearly one month after a ransomware attack on the nation's fourth-largest hospital network, CommonSpirit Health is still struggling to bring online the various IT systems - including electronic medical records, prescriptions and patient appointment scheduling - affected at many of its facilities.
Parliament IT systems in two East European capitals were disrupted Thursday. The Poland Senate said a distributed denial-of-service attack partially originated from inside Russia. In Slovakia, a Parliament speaker postponed voting after telling lawmakers that vote-counting systems were not working.
Elon Musk lugged a sink into Twitter headquarters to announce his takeover of the social network. But it will take more than a porcelain prop for the richest person in the world to successfully surmount the cybersecurity, legal, disinformation, regulatory and other challenges facing Twitter.
One of Australia's largest private testing laboratories announced a data breach affecting 223,000 Australians. Ransomware-as-a-service group Quantum took credit for the incident, posting an 86-gigabyte file in June. "There is no evidence of misuse of any of the information," says Medlab Pathology.
Synthetic identity fraud is the fastest-growing financial crime in the country. By combining real and fabricated personal information, a synthetic identity is specifically designed to look and act like a valid identity - until it doesn’t, leaving financial losses and criminal activity in its wake.
A Chinese disinformation campaign seeks to dissuade U.S. voters from participating in the November midterm elections, finds research from Mandiant. The campaign, nicknamed Dragonbridge, also likely impersonated researches unmasking Chinese threat actors.
Since Zelle fraud has increased 109% in the United States, the banking industry is struggling to reduce authorized push payment scams. Ken Palla, former director at Union Bank, shares tips for combating fraudsters, including delays on large transactions, education and behavioral analytics.
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