- Ransom Disclosure Act would give victims 48 hours to report payments
October 5, 2021
Victims of ransomware attacks in the United States may soon have to report any payments to hackers within 48 hours, according to a new legislation proposal titled the ‘Ransom Disclosure Act’. The bill was drafted by U.S. Senator Elizabeth Warren and Representative Deborah Ross, and its goal is to strengthen DHS’s (Department of Homeland Security) understanding ...
- Hong Kong firm becomes latest marketing company hit with REvil ransomware
October 5, 2021
Hong Kong marketing firm Fimmick has been hit with a ransomware attack, according to a British cybersecurity firm monitoring the situation. Fimmick has offices in Hong Kong and across China, serving several high-profile clients like McDonalds, Coca-Cola, Shell, Asus and others. Their website is currently down and there was no response to ZDNet requests for comment. Matt ...
- Ransomware Gang Arrested In Ukraine With Europol’s Support
October 4, 2021
On 28 September, a coordinated strike between the French National Gendarmerie (Gendarmerie Nationale), the Ukrainian National Police (Національна поліція України) and the United States Federal Bureau of Investigation (FBI), with the coordination of Europol and INTERPOL, has led to the arrest in Ukraine of two prolific ransomware operators known for their extortionate ransom demands (between ...
- Transnational fraud ring stole millions from US Army members, veterans
October 3, 2021
Fredrick Brown, a former U.S. Army contractor, was sentenced today to 151 months in prison after admitting to his role in a conspiracy that targeted thousands of U.S. service members and veterans and caused millions of dollars in losses. Brown was one of five fraudsters charged with carrying out an identify-theft and fraud scheme that targeted ...
- Coinbase hackers exploit multi-factor flaw to steal from 6,000 customers
October 2, 2021
Bad actors were able to infiltrate the accounts of and steal cryptocurrency from around 6,000 Coinbase customers by exploiting a multi-factor authentication flaw, according to Bleeping Computer. The cryptocurrency exchange told the publication that its security team observed a large-scale phishing campaign targeting its users between April and early May 2021. Some users may have ...
- 3.1M Neiman Marcus Customer Card Details Breached
October 1, 2021
Dallas-based Neiman Marcus Group is known worldwide as the go-to luxury retailer for the well-heeled. But their reputation for impeccable quality just took a big hit with revelations that the company was breached by an attacker back in May 2020. It took 17 months for the retailer to notice. Just this week, Neiman Marcus acknowledged the compromise, ...
- Hydra malware targets customers of Germany’s second largest bank
October 1, 2021
The Hydra banking trojan is back to targeting European e-banking platform users, and more specifically, customers of Commerzbank, Germany’s second-largest financial institution. MalwareHunterTeam has spotted the two-year-old malware in a new distribution campaign that targets German users with a malicious APK named ‘Commerzbank Security’ and using the same icon as the official app. Read more… Source: Bleeping Computer
- Ransomware gangs are complaining that other crooks are stealing their ransoms
September 30, 2021
Cyber criminals using a ransomware-as-a-service scheme have been spotted complaining that the group they rent the malware from could be using a hidden backdoor to grab ransom payments for themselves. REvil is one of the most notorious and most common forms of ransomware around and has been responsible for several major incidents. The group behind REvil ...
- Credential Harvesting at Scale Without Malware
September 30, 2021
While ransomware and ransomware-as-a-service (RaaS) attacks have dominated much of the cybersecurity community’s discussions over the past several months, criminals and hackers continue to compromise corporate, business and personal emails for financial gain. These scams, business email compromise (BEC) and personal email account compromise (EAC), continue to be the most pervasive and costly reported cyberthreats ...
- Fake Installers Drop Malware and Open Doors for Opportunistic Attackers
September 27, 2021
It is widely known that with regard to cybersecurity, a user is often identified as the weakest link. This means that they become typical entry vectors for attacks and common social-engineering targets for hackers. Enterprises can also suffer from these individual weak links. Employees are sometimes unaware of online threats, or are unfamiliar with cybersecurity ...