Security News

Email fatigue among users opens doors for cybercriminals
2021-07-07 13:05

That fatigue makes it more likely users will click on a malicious email without knowing it - which explains why 94% of malware is now delivered via email. The fake unsubscribe spam email is a tactic used by criminals to refine their mailing lists and verify email addresses.

Authorities Take Down DoubleVPN Service for Aiding Cybercriminals
2021-07-01 03:50

Law enforcement agencies in Europe, the US, and Canada on Tuesday announced the takedown of DoubleVPN, a virtual private network service that allegedly helped cybercriminals conduct nefarious activities. As part of the takedown operation, servers across the world were seized to ensure the disruption of the DoubleVPN service.

International law enforcement op nukes Russian-language DoubleVPN service allegedly favoured by cybercriminals
2021-06-30 19:01

Europol, the US Department of Justice, and Britain's National Crime Agency have taken down a VPN service they claimed was mainly used by criminals - boasting that they hoovered up "Personal information, logs and statistics" from the site. The DoubleVPN site went dark yesterday after law enforcement agencies swooped on its servers, with a joint public statement this afternoon confirming that the takedown was genuine.

Authorities Seize DoubleVPN Service Used by Cybercriminals
2021-06-30 08:48

A coordinated international law enforcement operation resulted in the takedown of a VPN service called DoubleVPN for providing a safe haven for cybercriminals to cover their tracks. "Law enforcement gained access to the servers of DoubleVPN and seized personal information, logs and statistics kept by DoubleVPN about all of its customers. DoubleVPN's owners failed to provide the services they promised."

Ransomware decreases as cybercriminals hit more lucrative targets
2021-06-23 03:00

The quarter saw cyber adversaries shift from low-return, mass-spread ransomware campaigns toward fewer, customized Ransomware-as-a-Service campaigns targeting larger, more lucrative organizations. A proliferation in 64-bit CoinMiner applications drove the growth of cryptocurrency-generating coin mining malware by 117%. Additionally, a surge in the growth of new Mirai-based malware variants drove increases in malware targeting Internet of Things and Linux systems.

Cybercriminals Hold $115,000-Prize Contest to Find New Cryptocurrency Hacks
2021-06-02 10:21

A top Russian-language underground forum has been running a "Contest" for the past month, calling on its community to submit "Unorthodox" ways to conduct cryptocurrency attacks. The forum's administrator, in an announcement made on April 20, 2021, invited members to submit papers that assess the possibility of targeting cryptocurrency-related technology, including the theft of private keys and wallets, in addition to covering unusual cryptocurrency mining software, smart contracts, and non-fungible tokens.

The power of positive reinforcement in combating cybercriminals
2021-06-02 05:00

One of the most powerful leadership tools is positive reinforcement - a proven and effective method for shaping and changing behavior. While dog owners might use treats or toys to reward desired behaviors, CISOs can leverage technology to reinforce certain behaviors conducted by employees - guiding them in their role in protecting the broader organization.

Cybercriminals Target Companies With New 'Epsilon Red' Ransomware
2021-05-31 12:35

A new piece of ransomware named Epsilon Red has been used to target at least one organization in the United States, and its operators have apparently already made a significant profit. Cybersecurity firm Sophos reported last week that Epsilon Red operators have been spotted targeting a US-based company in the hospitality sector.

Cloud collaboration software are the new tools of choice for cybercriminals
2021-05-19 14:13

The latest escalation of the cybersecurity arms race finds threat actors following their targets into the cloud as they start to launch difficult-to-detect attacks by leveraging trusted domains owned by companies like Google and Microsoft. According to a blog post from cybersecurity software company Proofpoint, cloud collaboration tools like Microsoft 365, Azure, OneDrive, SharePoint, G-Suite and Firebase are being used to launch an increasing number of cyberattacks, and their cloud-hosted nature makes them difficult to detect.

Colonial Pipeline Paid Nearly $5 Million in Ransom to Cybercriminals
2021-05-15 01:12

Colonial Pipeline on Thursday restored operations to its entire pipeline system nearly a week following a ransomware infection targeting its IT systems, forcing it to reportedly shell out nearly $5 million to restore control of its computer networks. "Some markets served by Colonial Pipeline may experience, or continue to experience, intermittent service interruptions during this start-up period. Colonial will move as much gasoline, diesel, and jet fuel as is safely possible and will continue to do so until markets return to normal."