This edition of the ISMG Security Report features an analysis initiatives unveiled by the Biden administration to enhance supply chain and critical infrastructure security and address the cybersecurity skills gap. Also featured: LockBit 2.0 ransomware rep 'tells all'; misconfigured Microsoft Power Apps.
The Biden administration unveiled a package of supply chain and critical infrastructure security initiatives following a meeting at the White House with tech executives and others. Companies such as Google and Microsoft also promised billions in spending on cybersecurity over the next several years.
The Biden administration is hosting a White House meeting Wednesday with technology, banking, insurance and education executives to focus on cybersecurity and national security issues, such as protecting critical infrastructure from attacks and how to hire more security professionals to meet demand.
Security researchers at AT&T Alien Labs say they've discovered a cluster of Linux ELF executables, identified as modifications of the open-source PRISM backdoor, that attackers have been using in several campaigns for more than three years.
Mastercard says that starting in 2024, banks and other institutions that issue its credit and debit cards will no longer need to include a magnetic stripe on the back, and that by 2033, m
agnetic stripes will be extinct. Given magnetic stripes' many security downsides, what's taken so long?
Security firm Cloudflare says it detected and mitigated a 17.2 million request-per-second distributed denial-of-service attack, almost three times larger than any previously reported HTTP DDoS attack.
As ransomware-as-a-service operations continue to compete for affiliates, the operators behind LockBit have unveiled a new version of their crypto-locking malware boasting fresh features, some borrowed from rivals. Separately, a relatively unsophisticated newcomer called Hive has debuted.
The latest edition of the ISMG Security Report features an analysis of the cybercrime-as-a-service model and how law enforcement could potentially disrupt it. Also featured: T-Mobile probes a massive data breach; tackling abuse in the workplace.
T-Mobile USA says its massive data breach is worse than it first reported: The count of prepaid and postpaid customers whose information was stolen has risen to 14 million. Also revised upward: its count of 40 million exposed credit applications from former customers and prospects.
T-Mobile USA has confirmed that its systems were breached and that details for 7.8 million current T-Mobile postpaid customers and 850,000 prepaid customers as well as records for 40 million individuals who applied for credit were stolen.
A Massachusetts man who used SIM swapping and other account takeover techniques to target business executives and steal more than $530,000 worth of cryptocurrency has pleaded guilty to several federal charges.
T-Mobile USA has confirmed that attackers accessed its computer systems, but the mobile communications provider is still investigating whether customers' personal data was exposed. Cybercrime experts say the attackers apparently involved have been tied to previous crimes targeting telecommunications since at least...
T-Mobile USA says it is investigating a claim that as many as 100 million accounts may have been compromised in a data breach. The person who claims responsibility for the alleged breach says T-Mobile misconfigured a Gateway GPRS Support Node.
Ukrainian police have shuttered several allegedly illegal cryptocurrency exchanges throughout the country that were processing about $1.1 million in virtual currencies each month. Officials say the exchange allegedly appeared to facilitate money laundering and had connections to Russia.
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