Distinguishing nation-state attacks from organized crime continues to grow more difficult because some attackers wear both hats, a Europol official reports. Further complicating the picture: Young attackers enjoy access to ever-more sophisticated and inexpensive tools and services.
The information security world has been beset by the emergence of multiple side-channel attacks, including Meltdown, Spectre and most recently Spoiler, that have proven difficult to fully fix, says Bill Conner, president and CEO of SonicWall.
Life after WannaCry and NotPetya: Europol, the EU's law enforcement intelligence agency, wants member states to be able to rapidly respond to the next big cyberattack against Europe. But with warnings of ongoing Russian election interference campaigns, the next big attack may already be underway.
The latest edition of the ISMG Security Report discusses the recent ransomware attack on aluminum giant, Norsk Hydro. Plus, confessions of a former LulzSec and Anonymous hacktivist, and the growing problem of cyber extortion.
Aluminum giant Norsk Hydro has been hit by LockerGoga ransomware, which was apparently distributed to endpoints by hackers using the company's own Active Directory services against it. To help safeguard others, security experts have called on Hydro to release precise details of how it was hit.
As a former elected official, Kristin Judge saw first-hand the lack of resources for victims of cybercrime. And so she launched the Cybercrime Support Network, which serves small businesses and consumers.
Web hosting firm XBT/Webzilla's infrastructure was used to attack the U.S. Democratic Party and for 2016 election interference, a former National Security Council official said in a court report filed as part of a since-dismissed defamation lawsuit over the Steele dossier's release.
North Korea's cybercrime capabilities have given the country the ability to flaunt international sanctions by allowing the regime to steal millions in currency not only from banks but also from cryptocurrency exchanges, according to a report from the United Nation's Security Council.
A variant of the long-running Ursnif banking Trojan is able to better evade security protection and has the ability to steal not only financial information but also email user accounts, the content of inboxes and digital wallets, researchers report.
Officials in Jackson County, Georgia, along with the FBI are investigating a ransomware attack that crippled IT systems over a two-week period and reportedly led local officials to pay a bitcoin ransom worth $400,000 to restore systems and infrastructure.
Four business sectors - hospitals, banks, securities firms and market infrastructure providers - potentially face the most significant financial impact from cyberattacks that could lead to a weakened credit profile, according to a new report from Moody's Investors Service.