Cybereason has abandoned its IPO plans altogether and hired JPMorgan Chase to find a buyer, The Information reported Friday. Why is Cybereason no longer poised to make it to the IPO Promised Land? An unfavorable competitive environment and a muddled go-to-market strategy provide some clues.
Is Australia's data breach wave a coincidence, bad luck or intentional targeting? Maybe all three. But the security weaknesses that have led to the incidents are not exotic. And the people behind these attacks are most likely workaday cybercriminals, not top-level nation-state attackers.
Emennet Pasargad, the Iranian cyber threat actors behind an attempt to disrupt the U.S. presidential election in 2020, remains active, warns the FBI. The group conducts hack-and-leak operations and targeted a U.S. organization with a destructive attack within the last year.
In the latest weekly update, ISMG editors discuss the implications of the former Uber CSO's guilty verdict for the rest of the industry, the growing problem of keyless car theft, and the latest progress toward a passwordless future revealed at the annual FIDO Alliance conference.
Many entities fight an uphill battle against increasingly clever phishing and related scams that lead to serious data compromises, say former CIA analyst Eric Cole and former Department of Justice Assistant Attorney General David Kris, who are both advisers at security firm Theon Technology.
If remote access to corporate networks is only as secure as the weakest link, only some dreadfully weak passwords now stand between hackers and many organizations' most sensitive data, according to new research from Rapid7 into the two most widely used remote access protocols - SSH and RDP.
The Federal Police of Brazil arrested a lead suspect behind a December 2021 incident that temporarily disrupted access to novel coronavirus vaccination data. The suspect, arrested in the city of Feira de Santana, is an alleged member of the multinational and teenager-dominated Lapsus$ hacking group.
Organizations can improve security with modern authentication protocols, but the big message to the marketplace is that FIDO Passkeys give customers more convenience and deliver a consistent user experience, according to panelists on the final day of FIDO Alliance's Authenticate 2022 Conference.
Australia's largest private health insurer has transformed over a week from being confident that it repelled a cyber incident to being apologetic after disclosing that hackers got away with up to 200 gigabytes of customer data. Australian Federal Police are investigating the incident at Medibank.
Researchers from cybersecurity firm Eset found a variant of Android stalkerware dubbed FurBall slightly modified in a semi-successful bid to evade detection. The malware, dubbed FurBall, is a tool used by a hacking group linked to the Iranian government.
Fraudsters are using tried-and-true tactics such as check washing as well as Zelle scams and a host of insider threats to scam banks and their customers. Frank McKenna, chief fraud strategist at Point Predictive and author, explains why fraud is on the rise and the steps banks can take to stop it.
The latest edition of the ISMG Security Report discusses how Russian-speaking ransomware gangs have their eyes on a new target, offers the latest on Australia's data security reckoning and the government’s response, and outlines emerging trends in customer identity and access management.
More Russian-speaking, ransomware-wielding attackers are gunning for Russian businesses and government agencies, researchers report. The unwritten rule of Russian cybercrime has historically been to never attack inside Russia or neighboring allies.
Security researchers spotted a previously undetected PowerShell backdoor disguising itself as part of the Windows update process that appears to have infected at least 69 victims. When SafeBreach Labs ran obfuscated scripts downloaded by the backdoor through VirusTotal, they came back as clean.
Hacking capabilities once reserved for nation-states are filtering down to the level of crimeware, warns Kaspersky researcher Sergey Lozhkin. Darknet forums are filled with self-taught hackers selling advanced capabilities for a good price, he says.
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