In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the BlackMatter ransomware group has rebranded itself yet again, how the DOJ confiscated stolen Bitcoin worth more than $4 billion and takeaways from a U.S. Senate hearing on open-source...
Ransomware attacks in 2021 amassed a record number of victims in critical infrastructure sectors across Australia, the U.K. and U.S., those countries' lead cybersecurity agencies warn. They share intelligence on attackers' latest tactics to better equip domestic organizations to defend themselves.
Jeff Williams, co-founder and CTO of Contrast Security, says people have a right to know if the products they use are secure. It's difficult to tell if software is secure, he says, so companies need incentives to build good security programs, improve their software and disclose any flaws they find.
This edition of the ISMG Security Report analyzes what prosecutors say is the biggest cryptocurrency seizure in U.S. history as well as the biggest financial seizure. It also details how a school district CISO resigned over the district's handling of a severe data breach and busts Zero Trust myths.
Are ransomware-wielding criminals running scared? That's one likely explanation for the sudden release this week of free, master decryption keys for three different strains of formerly prevalent ransomware: Maze, Sekhmet and Egregor.
The arrest of a married New Yorker couple, charged with laundering bitcoins worth $3.6 billion that were stolen from a currency exchange in 2016, highlights the risk facing anyone who wants to launder large amounts of cryptocurrency and stay free long enough to enjoy their alleged rap career.
The House of Representatives on Friday passed a bill that Democratic lawmakers say will help the U.S. compete with China economically when it comes to manufacturing semiconductor chips and bolstering both supply chains and the technology workforce.
U.S. lawmakers have introduced a bill that would bring "new transparency and oversight of software, algorithms and other automated systems" making "critical decisions" for American life. The bill - an updated version of a 2019 proposal - would also combat bias in the use of such technologies, its sponsors say.
Some of the biggest cybercrime-focused darknet markets selling stolen payment card data, passwords, malware and more have retired in the past year, with administrators oftentimes boasting it's because they've gotten rich. As they exit, other players remain ready to grab their market share, experts say.
Pharmaceutical giant Pfizer alleges in a federal lawsuit that two former executives stole documents containing trade secrets about diabetes, obesity and cancer treatments under development by the drugmaker to benefit two new biotech startups they had launched.
U.S. DHS Secretary Alejandro Mayorkas confirmed on Thursday that the department is establishing a Cyber Safety Review Board, as directed by President Joe Biden's sweeping cybersecurity executive order signed in May 2021. The board aims to mirror the work of the National Transportation Safety Board.
Two major EU pieces of legislation - the Digital Markets Act and the Digital Services Act - are about to change the digital landscape.
Academic Victoria Baines discusses how the proposed legislation might be problematic for information security.
In the first of a planned series of articles looking at strategies that have helped her and her teams over the years to not just survive a stressful environment, but thrive in it, cybersecurity executive and CyberEdBoard executive member Kerissa Varma offers this: Be a human, not a terminator.
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