The decline in the total number of U.S. data breaches in 2020 isn't all good news; it reflects that hackers are changing their tactics, says James Lee of the Identity Theft Resource Center, who offers an analysis of the center's new data breach report.
Darknet markets just had their best year ever, led by Hydra, which accounted for 75% of the $1.7 billion in 2020 revenue such markets generated, Chainalysis reports. One key to Hydra's success is the Russian-language marketplace's constant innovation.
The latest edition of the ISMG Security Report features an analysis of the persistent threat of ransomware. Also featured: Sorting out breaches tied to Accellion’s File Transfer Appliance; an update on fraud trends in 2021.
Alejandro Mayorkas, the newly confirmed secretary of the Department of Homeland Security, says his initial priorities include reviewing all available intelligence on the SolarWinds supply chain hack and scrutinizing the government's cybersecurity programs.
Embedded software vendor Wind River Systems is investigating a security incident within its internal network, according to a notification filed with California authorities. The data that may have been exposed includes Social Security numbers and passport details.
While many details about the SolarWinds Orion hack and full victim list remain unknown, experts have ascribed the apparent espionage campaign to Russia. Now, however, Reuters reports that a separate group of Chinese hackers was also exploiting SolarWinds vulnerabilities to hack targets.
Several data breaches stemming from unpatched vulnerabilities in Accellion's File Transfer Appliance have been revealed. What went wrong? Where does the fault lie? And what can organizations do about it?
A data breach of a Washington state auditor's system exposed 1.4 million unemployment claimants’ records. The breach stemmed from an exploit of an unpatched system from Accellion, and the state says it was never notified of the flaw. But Accellion says it notified customers and offered a patch in December.
To take down bigger targets more easily and quickly, ransomware gangs are increasingly tapping initial access brokers, who sell ready access to high-value networks. Economically speaking, it's a no-brainer move for cybercrime gangs.
An organization that administers a children’s dental and health insurance program in Florida took down its online application platform after it discovered the company that hosted its website apparently failed to address vulnerabilities over a seven-year period, resulting in the exposure of personal data.
Ransomware attacks continue to pummel organizations, but fewer victims have been paying a ransom, and when they do, on average they're paying less than before, says ransomware incident response firm Coveware, which traces the decline to attackers failing to honor their data deletion promises.
The number of data breaches being reported in the U.S. and elsewhere each year continues to decline. But security experts say this unfortunately can be explained by criminals increasingly focusing on lucrative ransomware and business email compromise scams, which require scant data to be successful.
Wireless carrier UScellular is investigating an incident involving hackers tricking employees into downloading malicious software that compromised a customer relationship management platform, exposing personal data.
New Zealand’s financial regulator has issued a searing report about IT security failures at NZX, the country’s stock exchange, that contributed to a disruptive DDoS attack. The regulator says NZX had inadequate IT security and failed to prepare for DDoS attacks.
The operators of the Nefilim ransomware used the credentials of a deceased system administrator to plant their crypto-locking malware in about 100 vulnerable systems during one attack, according to Sophos. These types of "ghost" accounts are an increasing issue for security teams.
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