Security experts explain how the Rust programming language helps the BlackCat ransomware group execute targeted attacks on critical infrastructure. Compared to traditional languages like C or C++, Rust brings speed, security, stability and unparalleled detection evasion capabilities to the table.
Russian authorities have continued to arrest alleged administrators of multiple Russian-language cybercrime markets and communities, including Ferum Shop, Sky-Fraud and Trump's Dumps. It follows last month's arrest of suspected REvil/Sodinokibi ransomware affiliates based in the country.
In case anyone doubts that Russia is the epicenter of ransomware operations, follow the money, as Chainalysis finds that "roughly 74% of ransomware revenue in 2021 - over $400 million worth of cryptocurrency - went to strains we can say are highly likely to be affiliated with Russia in some way."
Spain's National Police Department says it has arrested eight members of an undisclosed cybercriminal gang over SIM swapping fraud. The suspects posed as trustworthy representatives of banks and other organizations and used phishing and smishing techniques to obtain PII and bank details of victims.
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...
Nellie Liang, under secretary for domestic finance at the U.S. Department of the Treasury, was the only witness at a virtual hearing on the President's Working Group report on stablecoins - virtual currencies pegged to fiat currency. Lawmakers weighed in on the benefits and dangers of stablecoins.
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.
Schools in the United States have been under siege from ransomware and other kinds of cyber incidents. But the K12 Security Information Exchange, an organization launched in 2020, is helping schools improve their defenses.
The Sri Lankan government plans to implement the Unitary Digital Identity Framework, or UDIF, a national biometrics-based digital identity project. But cybersecurity experts familiar with India's Aadhaar program, whose framework Sri Lanka is set to use, have voiced concerns over data protection.
Cybercriminals are taking advantage of the final phase of the Windows 11 upgrade announced on Jan. 26 by installing RedLine Stealer malware to those downloading a fake installer, according to the HP threat research team.
Researchers have detected a massive breach of more than 500 stores. All of the targeted sites were still using the 12-year-old Magento 1 e-commerce platform, which Adobe stopped supporting on June 30, 2020.
The SEC voted 3-1 to advance new, mandatory cybersecurity rules for registered investment advisers, companies and funds. The proposal - open for a 30-day public comment period - would require entities to adopt and implement written cybersecurity policies and a 48-hour incident reporting mandate.
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