A small, rural county-owned Georgia community hospital has agreed to settle consolidated class action litigation involving a 2024 hacking incident in which ransomware gang Embargo claimed to have stolen 1.15 terabytes of the organization's data and leaked it on the darkweb.
A Russian darknet marketplace is exploiting a major blind spot for U.S. financial institutions by trafficking in the identities of former legal immigrants. Telegram-based group Karma Fullz has built a profitable criminal enterprise with highly convincing synthetic identities.
This week, Ledger flagged physical attack risks to Android hot wallets, a 700M euro fraud network was dismantled, a suspect in the $243M Genesis theft was reportedly detained and a member of a $263M crypto scam pleaded guilty. Two men arrested in a Vienna crypto-linked killing.
An attacker has been exploiting a zero-day vulnerability in Gogs, an open-source and popular Git service that allows for self-hosting, warned researchers. At least 700 internet-exposed servers running Gogs shows signs of being infected with command-and-control malware; no patch is yet available.
Bad news for any organization that's ever paid a ransom in a bid to avoid their breach coming to light, or for a promise from attackers to delete stolen data, with a study of seized LockBit data finding that victims who paid a ransom were more likely to see the attack get detailed in the media.
AI-based attacks will come faster and the sequence of activities will be less predictable. Cyber defenders are skilled in network analysis, incident response and cloud or identity management, but in the face of AI-based attacks, they need new skills, tools and defensive tactics.
Cybercriminals are using AI to craft tailored email-based attacks that bypass traditional defenses. This shift to targeted email compromise and rising volumes of sophisticated tactics have placed new pressure on organizations, says Neal Bradbury, chief product officer at Barracuda.
Fraudsters are exploiting weak state controls to create synthetic businesses for less than $150, with potential payouts of more than $100,000 for each fake identity. Synthetic entity fraud has rapidly shifted from a niche threat to a mainstream risk, said Dun & Bradstreet's Andrew La Marca.
Checkmarx acquired AI security startup Tromzo to jumpstart its roadmap for agentic application security. The deal gives Checkmarx a ready-built platform and team focused on enterprise-grade triage and remediation agents designed to streamline vulnerability management.
Financial institutions now face $6 in total costs for every $1 of fraud loss, according to new research from Q2. Persistent levels of financial risk can slowly erode customer trust over time. As threat actors and fraudsters alike grow in sophistication, Jeff Scott, vice president of fraudtech solutions at Q2, says...
The cybercrime-as-a-service model has a new product line, with malicious large language models built without ethical guardrails selling on Telegram for $50 monthly or distributed free on GitHub. Others groups are taking the open-source route.
A National Health Service hospital is seeking assistance from the U.K. High Court to stymie a potential data leak tied to a ransomware hack. The hospital, NHS Barts, said ransomware group Clop targeted its network in August.
Hacker interest is high in a days-old vulnerability in widely used web application framework React, with dozens of organizations already falling victim to it, cybersecurity experts warn. React is used by an estimated two-fifths of the world's top 10,000 websites.
In this week's panel, four ISMG editors discussed the latest shifts in ransomware tactics, a major development in the Texas challenge to the HIPAA Privacy Rule related to reproductive rights, and how SMBs navigating AI are facing very different challenges than large enterprises.
U.S. and Canadian cyber authorities say Chinese state-backed actors used a backdoor dubbed BRICKSTORM to maintain long-term access into critical infrastructure, exploiting VMware environments to exfiltrate credentials and evade detection through encrypted covert channels.
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