Police in the United Kingdom have arrested six suspects as part of a money laundering investigation tied to the February 2019 theft of $14 million from one of Malta's largest banks. Officials say malware-wielding attackers moved money to accounts in the U.S., U.K., Czech Republic and Hong Kong.
A federal judge has ruled that an insurer providing a "business owner's insurance policy" to a company that sustained a ransomware attack and was forced to replace most of its IT infrastructure must pay for the damages the security incident caused.
The latest edition of the ISMG Security Report discusses the ramifications of the U.K's decision to allow limited use of Huawei's equipment in 5G networks. Plus: Updates on Wawa's stolen card data offered for sale and nascent security threats from social networks and drones.
The United Nations did not reveal hacks last year that compromised dozens of servers and domains and may have exposed sensitive data, including information related to human rights abuses, according to The New Humanitarian news agency.
A long-running marketplace for selling stolen payment card data claims it has 30 million stolen payment cards that experts believe are linked to the breach at Wawa convenience stores late last year. The breach is one of the largest ever involving card-related data.
Trend Micro researchers created a phony "smart factory" that lured attackers, demonstrating how they are increasingly focusing on industrial control systems and have become adept at planting malware within vulnerable infrastructure.
Bad news on the ransomware front: Victims that choose to pay attackers' ransom demands - in return for the promise of a decryption tool - last quarter paid an average of $84,116, according to Coveware. But gangs wielding Ryuk and Sodinokibi - aka REvil - often demanded much more.
A California healthcare provider took nearly seven months to report to regulators a phishing incident that exposed information on 200,000 patients. Security experts are analyzing whether the delay could be justifiable.
A spear-phishing campaign targeted a U.S. government agency for several months last year using emails with content about North Korea geopolitics as a lure, according to an analysis from Palo Alto Networks' Unit 42.
Dave DeWalt, former CEO of FireEye and McAfee, has been appointed vice chair of the board of Onapsis, a vendor focused on securing business-critical applications. In this exclusive interview, DeWalt opens up on application vulnerabilities, the evolution of the nation-state threat and technologies to watch in 2020.
Aleksey Burkov, who was extradited from Israel to the U.S. in November, plead guilty this week to several federal charges related to his site "Cardplanet," which trafficked in stolen payment card data.
Hackers who may have ties to Iran have recently turned their attention to the European energy sector, using open source tools to target one firm's network as part of an cyberespionage operation, according to the security firm Recorded Future.