Cyber Espionage Group Targets Asian Countries With Bitcoin Mining Malware

Security researchers have discovered a custom-built piece of malware that’s wreaking havoc in Asia for past several months and is capable of performing nasty tasks, like password stealing, bitcoin mining, and providing hackers complete remote access to compromised systems. Dubbed Operation Read More …

Tillerson proposes Cyberspace and Digital Economy Bureau to address security, policy creation

US Secretary of State Rex Tillerson wants to develop a Bureau of Cyberspace and the Digital Economy, according to a letter from him to Edward Royce, the chair of the committee of foreign affairs. The bureau, as described in the letter, would Read More …

DDoS mystery: Who’s behind this massive wave of attacks targeting Dutch banks?

There is as yet no indication of who is behind the massive distributed denial of service (DDoS) attacks on Netherlands banks and government websites that ran from last weekend to Tuesday. Initial reports suggesting a Russian connection appear baseless. The Read More …

Meltdown-Spectre: Malware is already being tested by attackers

German antivirus testing firm AV-Test has identified 139 samples of malware that seem to be early attempts at exploiting the Meltdown and Spectre CPU bugs. “So far, the AV-Test Institute discovered 139 samples that appear to be related to recently reported Read More …

Cryptocurrency Mining Malware Infected Over Half-Million PCs Using NSA Exploit

2017 was the year of high profile data breaches and ransomware attacks, but from the beginning of this year, we are noticing a faster-paced shift in the cyber threat landscape, as cryptocurrency-related malware is becoming a popular and profitable choice Read More …

Utilities ill-equipped to face increasingly disparate cybersecurity threat

All utilities organizations surveyed in the latest EY Power and Utilities Global Information Security Survey 2017-18 (GISS): Why wait for a cyber catastrophe to prepare for a cyber attack?, say that their cybersecurity function does not meet their needs. The survey Read More …

Israel accounts for 16 percent of global cybersecurity investment, second only to U.S.

Israel’s cybersecurity industry raised $814.5 million in venture capital and private equity investment in 2017, a 28 percent rise over 2016 that brings the country to second only to the United States, according to research by Start-Up Nation Central. Israeli cybersecurity companies, centered Read More …