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MORE BEC CRIMINAL GANGS ARE BASED IN US More BEC Criminal Gangs Are Based in US. Business email compromise scams continue to proliferate around the globe, with the U.S. nowsecond only
DHS SECRETARY: SMALL BUSINESSES HARD-HIT BY RANSOMWARE DHS Secretary: Small Businesses Hard-Hit by Ransomware. About 50% to 70% of all ransomware attacks in the U.S. are targeting small andmedium
SODINOKIBI RANSOMWARE GANG TARGETS POS SOFTWARE The Sodinokibi ransomware gang is targeting point-of-sale payment device software after infecting networks with its crypto-locking malware, according to Symantec. VERIZON BREACH: 6 MILLION CUSTOMER ACCOUNTS EXPOSED As many as 14 million customer records were exposed, according to UpGuard. Verizon, however, disputes that figure, saying Wednesday theexposure
6 SIGNS OF BUSINESS LOAN FRAUD Business loan fraud is still hitting financial institutions despite tightened reins on lending, says one fraud expert. One example is the recent case of an Australian man arrested in Las Vegas DOPPELPAYMER RANSOMWARE GANG THREATENS TO DUMP VICTIMS' DATA After appearing in June 2019, it's been used to shake down victims for ransoms of $25,000 to $1.2 million, according to cybersecurity firm CrowdStrike. The rise of this strain of ransomware has PAGE 604 - LATEST BREAKING NEWS ARTICLES ON BANK Page 604 - Articles covering top risk management issues, from compliance to latest technology, including authentication, mobile and cloud on bank information security BANGLADESH BANK HEIST: LESSONS LEARNED Bangladesh Bank Heist: Lessons Learned. A report that the $81 million Bangladesh Bank heist was linked to a customized malware attack that compromised SWIFT software used to transfer funds has NEW JPMORGAN CHASE BREACH DETAILS EMERGE New JPMorgan Chase Breach Details Emerge. Details continue to emerge about the probe into a suspected breach at JPMorgan Chase, as well as the implications of the investigation for the U.S COVID-19: HOW TO ADJUST BUSINESS CONTINUITY PLANS The COVID-19 pandemic present new challenges to healthcare IT and security teams, including the need to reassess and adjust businesscontinuity
MORE BEC CRIMINAL GANGS ARE BASED IN US More BEC Criminal Gangs Are Based in US. Business email compromise scams continue to proliferate around the globe, with the U.S. nowsecond only
DHS SECRETARY: SMALL BUSINESSES HARD-HIT BY RANSOMWARE DHS Secretary: Small Businesses Hard-Hit by Ransomware. About 50% to 70% of all ransomware attacks in the U.S. are targeting small andmedium
SODINOKIBI RANSOMWARE GANG TARGETS POS SOFTWARE The Sodinokibi ransomware gang is targeting point-of-sale payment device software after infecting networks with its crypto-locking malware, according to Symantec. VERIZON BREACH: 6 MILLION CUSTOMER ACCOUNTS EXPOSED As many as 14 million customer records were exposed, according to UpGuard. Verizon, however, disputes that figure, saying Wednesday theexposure
6 SIGNS OF BUSINESS LOAN FRAUD Business loan fraud is still hitting financial institutions despite tightened reins on lending, says one fraud expert. One example is the recent case of an Australian man arrested in Las Vegas DOPPELPAYMER RANSOMWARE GANG THREATENS TO DUMP VICTIMS' DATA After appearing in June 2019, it's been used to shake down victims for ransoms of $25,000 to $1.2 million, according to cybersecurity firm CrowdStrike. The rise of this strain of ransomware has PAGE 604 - LATEST BREAKING NEWS ARTICLES ON BANK Page 604 - Articles covering top risk management issues, from compliance to latest technology, including authentication, mobile and cloud on bank information security BANGLADESH BANK HEIST: LESSONS LEARNED Bangladesh Bank Heist: Lessons Learned. A report that the $81 million Bangladesh Bank heist was linked to a customized malware attack that compromised SWIFT software used to transfer funds has NEW JPMORGAN CHASE BREACH DETAILS EMERGE New JPMorgan Chase Breach Details Emerge. Details continue to emerge about the probe into a suspected breach at JPMorgan Chase, as well as the implications of the investigation for the U.S MOBILE SECURITY INDEX 2021 4 hours ago · Discover the latest trends to see where risks are growing and how you can defend against them. Results from the Verizon Mobile Security Index (MSI) $2.3 MILLION OF COLONIAL PIPELINE RANSOM PAYMENT RECOVERED 1 day ago · The U.S. Justice Department reported it recouped $2.3 million of the $4.4 million ransom Colonial Pipeline Co. paid following a May 7 ransomware attack. The DOJ'sIT RISK MANAGEMENT
Andrew Hunter , Andrew Milne • May 24, 2021. The cyber risks to small and medium businesses and the MSPs that support them have changed substantially in the last 12 months. Even the smallest SILOSCAPE MALWARE REPORTEDLY TARGETING WINDOWS CONTAINERS 1 day ago · Siloscape's execution flow (Source: Palo Alto Networks). Researchers believe that a malware variant that specifically targets poorly protected or misconfigured Windows containers has been COLONIAL CEO AT SENATE HEARING DETAILS RANSOMWARE ATTACK 3 hours ago · Colonial CEO at Senate Hearing Details Ransomware Attack Company's IT Team Was Unaware the VPN Exploited to Gain Entry Existed Doug Olenick (DougOlenick) • June 8, 2021 IDENTITY THEFT: IMPACT ON VICTIMS IS GETTING WORSE 1 day ago · The Identity Theft Resource Center, a nationally recognized nonprofit organization established to support victims of identity crime, has published new research that VERIZON BREACH REPORT: RANSOMWARE, PHISHING AND TOP TRENDS 12 hours ago · Goswami has more than 10 years of experience in the field of journalism. She has covered a variety of beats including global macro economy, fintech, startups and other business trends. COLONIAL ATTACKERS USED COMPROMISED VPN CREDENTIALS 21 hours ago · Investigators have uncovered that ransomware operators gained access to Colonial Pipeline Co. via a VPN account that was no longer regularly used CISA EXPANDING MANDATORY VULNERABILITY DISCLOSURE PROGRAM 6 hours ago · CISA is preparing to expand its vulnerability research and disclosure program, which is now mandatory for nearly all executive branch agencies, by creating a FBI ATTRIBUTES JBS ATTACK TO REVIL RANSOMWARE OPERATION The identity of the ransomware operation that hit meat processing giant JBS has been revealed: It was the REvil gang, aka Sodinokibi,that did it.
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Ransomware: Average Ransom Payout Increases to $41,000 Mathew J. Schwartz •November 1, 2019
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Ransom payments (mean in red): From July to September 2019, victims paid an average of $41,198 for the promise of a decryption key.(Source: Coveware)
RANSOMWARE: AVERAGE RANSOM PAYOUT INCREASES TO $41,000Mathew J. Schwartz
• November 1, 2019 Ransomware continues to be a highly profitable cybercrime. Ransomware incident response firm Coveware reports that for the third quarter of this year, the average ransom amount paid was $41,198, a six-fold increase from the same period last year, driven by strains such as Ryuk and Sodinokibi. Business Continuity Management / Disaster Recovery RANSOMWARE SCHOOL: THE RISE OF GANDCRAB DISCIPLES►
Cybercrime
COMBATING CYBERCRIME: KEY CHALLENGES FOR 2020S AND BEYOND ------------------------- Cyberwarfare / Nation-State Attacks TURLA TEARDOWN: WHY ATTRIBUTE NATION-STATE ATTACKS? -------------------------ATM Fraud
JOKER'S STASH LISTS 1.3 MILLION STOLEN INDIAN PAYMENT CARDS -------------------------Cybercrime
FAST-FOOD CHAIN KRYSTAL INVESTIGATES CARD 'SECURITY INCIDENT' -------------------------Cybercrime
TWO DATA LEAKS EXPOSE MILLIONS OF RECORDS -------------------------Cybercrime
SENATORS PUSH FOR FTC PROBE INTO AMAZON OVER CAPITAL ONE -------------------------Latest
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TRIO OF WEB REGISTRARS DISCLOSE 22 MILLION ACCOUNTS BREACHEDJeremy Kirk
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November 1, 2019
A trio of domain name registrars are mandating a password reset after a breach affecting about 22 million accounts occurred in late August. Web.com and two of its brands, Network Solutions and Register.com are contacting victims via email. Cyberwarfare / Nation-State Attacks CALL FOR ACTION: ELECTION SECURITY A 'NATIONAL EMERGENCY'Akshaya Asokan
• November 1, 2019 Calling election security a "national emergency," nearly 100 past and current Democratic and Republican lawmakers and other government officials have sent a letter to the Senate calling for passage of stalled legislation.►
Artificial Intelligence & Machine Learning AUTONOMOUS RESPONSE: A GAME CHANGER?Tom Field
• November 1, 2019 In the new world of ubiquitous connected devices and myriad cybersecurity alerts, artificial intelligence and machine learning can enable autonomous response - a boon to overworked security teams, says Darktrace's Mariana Pereira.►
Cybercrime
THE RISE OF BULLETPROOF PROXIESTom Field
• November 1, 2019 Bulletproof proxies have taken the concepts of anonymity and availability and embedded them in automated bot attacks. How can organizations identify and stop these attacks? Ameya Talwalkar of Cequence Security shares insights. Fraud Management & Cybercrime ANALYSIS: PREVENTING DATA EXPOSURE IN THE CLOUDNick Holland
•
November 1, 2019
The latest edition of the ISMG Security Report offers an in-depth analysis of how to prevent data exposure in the cloud. Plus: why PCI's new contactless payment standard lacks PINs, and how to go beyond the hype to accurately define "zero trust."Cybercrime
MCAFEE: MALICIOUS VOICEMAILS TARGET OFFICE365 USERSJeffrey Burt
•
October 31, 2019
Cybercriminals are targeting users of Microsoft's Office365 subscription services with phishing campaigns that uses fake voicemail messages in an attempt to steal victims' credentials and other information, according to researchers at the security firm McAfee.Breach Notification
TWO UBER HACKERS PLEAD GUILTYAkshaya Asokan
• October 31, 2019 Two hackers have pleaded guilty in connection with an extortion campaign tied to the theft of data on about 57 million Uber customers and drivers. The incident led to a massive fine against the ride-sharing company for its tardy breach notification and weaksecurity.
►
Fraud Management & Cybercrime CYBER INSURANCE: THE MYTHS AND REALITIESTom Field
• October 31, 2019 It's one thing to plan for a cybersecurity incident, but quite another to have proper insurance coverage to prepare for such an event. Mark Singer of Beazley shares an overview of the cyber insurance myths andrealities.
Governance
PWN2OWN CONTEST TO FOCUS ON INDUSTRIAL CONTROL SYSTEMSAkshaya Asokan
• October 30, 2019 The 2020 Pwn2Own contest will focus on hacking industrial control systems and protocols. White Hat hackers will compete for $250,000 in prizes for finding zero-day flaws in these systems. Cyberwarfare / Nation-State Attacks FCC CHAIR'S PROPOSAL TARGETS CHINESE TECHNOLOGY FIRMSApurva Venkat
• October 30, 2019 FCC Chairman Ajit Pai is pushing a proposal that would ban U.S. telecommunications firms from using commission funds to buy equipment from companies deemed national security threats. The new rule would first target Chinese telecom companies Huawei and ZTE. Cyberwarfare / Nation-State Attacks FACEBOOK SUES SPYWARE MAKER OVER WHATSAPP EXPLOITJeremy Kirk
•
October 30, 2019
Facebook is suing NSO Group, a spyware company, alleging it developed a potent exploit to spy on WhatsApp messages sent by diplomats, journalists, human rights activists and political dissidents. Facebook is seeking damages and an injunction forbidding NSO Group from accessing its infrastructure. 3rd Party Risk Management SENATOR DEMANDS REVIEW OF HOW DHS SHARES PII WITH CONTRACTORSAkshaya Asokan
• October 28, 2019 Sen. Maggie Hassan, D-N.H., is demanding that the U.S. Government Accountability Office review how the Department of Homeland Security shares personal data with contractors following several recent security incidents in which such information was exposed. More News __ More News__
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