Security News

Happy #PiDay – even if you aren’t in North America!
2022-03-14 23:59

If you're interested, the quickest way to "Know" Pi to seven significant digits is in the form 355/113, which comes out at 3.14159290, a mere 0.0000085% higher than the more precise 3.14159265. Why does Pi come out at close to 3.14, instead of, say, 3, or 4 or something easier to remember and more natural, in the mathematical sense of a whole number?

Bridgestone Americas confirms ransomware attack, LockBit leaks data
2022-03-11 21:28

A cyberattack on Bridgestone Americas, one of the largest manufacturers of tires in the world, has been claimed by the LockBit ransomware gang. No details about the incident emerged until today when the LockBit ransomware gang claimed the attack by adding Bridgestone Americas to the list of their victims.

LockBit ransomware gang claims attack on Bridgestone Americas
2022-03-11 21:28

A cyberattack on Bridgestone Americas, one of the largest manufacturers of tires in the world, has been claimed by the LockBit ransomware gang. No details about the incident emerged until today when the LockBit ransomware gang claimed the attack by adding Bridgestone Americas to the list of their victims.

Implications of strengthening the cybersecurity of small business in America
2021-11-30 06:30

On November 2, 2021, the House of Representatives passed two bills with the goal of strengthening the cybersecurity of small businesses in America. The first bill, the Small Business Administration Cyber Awareness Act, was unanimously approved to expand cybersecurity operations at the SBA. The bill requires the Small Business Administration to issue a report assessing the agency's ability to combat cyber threats within six months of passage.

America, when you're done hitting us with the ban hammer, see these on-prem Zoom vulns, says Positive
2021-11-15 20:27

US-sanctioned Positive Technologies has pointed out three vulnerabilities in Zoom that can be exploited to crash or hijack on-prem instances of the videoconferencing system. One of the trio of bugs is an input validation flaw, which can be abused by a malicious Zoom portal administrator to inject and execute arbitrary commands on the machine hosting the software.

US bans China Telecom Americas over national security risks
2021-10-27 15:15

China Telecom Americas is the largest foreign subsidiary of China Telecom Corporation, China's state-owned telecom company. "Indeed, the FCC's own review found that China Telecom Americas poses significant national security concerns due to its control and ownership by the Chinese government, including its susceptibility to complying with communist China's intelligence and cybersecurity laws that are contrary to the interests of the United States."

Bank of America insider charged with money laundering for BEC scams
2021-10-09 16:08

BEC scams use various tactics to compromise or impersonate business email accounts with the end goal of redirecting pending or future payments to bank accounts under a threat actor's control. One of the case examples in the indictment document seen by Bleeping Computer, mentions a single transaction of $356,954, sent by a victim in Boston to what they thought was the bank account of their business partner.

A New Wave of Malware Attack Targeting Organizations in South America
2021-09-20 04:00

A spam campaign delivering spear-phishing emails aimed at South American organizations has retooled its techniques to include a wide range of commodity remote access trojans and geolocation filtering to avoid detection, according to new research. Cybersecurity firm Trend Micro attributed the attacks to an advanced persistent threat tracked as APT-C-36, a suspected South America espionage group that has been active since at least 2018 and previously known for setting its sights on Colombian government institutions and corporations spanning financial, petroleum, and manufacturing sectors.

Paysafe acquires SafetyPay to strengthen its strategic foothold in Latin America
2021-08-16 23:00

SafetyPay is a payments platform that enables eCommerce transactions via an unrivalled choice of open banking and eCash solutions, operating primarily in Latin America. Together the two acquisitions set Paysafe up to be the leading open banking and eCash solutions provider in Latin America, one of the world's fastest-growing online markets.

America enlists Big Tech to help it develop and execute cyber security plans
2021-08-06 03:15

The United States' Cybersecurity and Infrastructure Security Agency has announced the "Standup" of a body called the "Joint Cyber Defense Collaborative" that it hopes will spark ideas for new and improved national responses against electronic threats. The aim of the effort is to get the private sector working alongside government agencies, so they can develop and implement better cyber security plans than are currently in operation.