Security News
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"Leading experts forecast that cyber security risks associated with quantum will materialize in the coming decade," reasoned [PDF] the MAS. Cryptographically relevant quantum computers "Would break commonly used asymmetric cryptography, while symmetric cryptography could require larger key sizes to remain secure," it added. The monetary authority warned that the security of financial transactions and sensitive data financial institutions process could be at risk, thanks to quantum computers that can "Break some of the commonly used encryption and digital signature algorithms."
The U.K. National Crime Agency (NCA) on Tuesday confirmed that it obtained LockBit's source code as well as intelligence pertaining to its activities and their affiliates as part of a dedicated...
In the wake of yesterday's surprise law enforcement takeover of LockBit's leak site, the UK National Crime Agency and Europol have shared more information about the extent of the takedown. "Today, after infiltrating the group's network, the NCA has taken control of the infrastructure that allows the Lockbit service to operate, compromising their entire criminal enterprise and damaging their credibility," the Agency said.
Cybersecurity researchers have uncovered an "implementation vulnerability" that has made it possible to reconstruct encryption keys and decrypt data locked by Rhysida ransomware. The findings were...
The U.S. Justice Department (DoJ) has officially announced the disruption of the BlackCat ransomware operation and released a decryption tool that victims can use to regain access to files locked...
The Department of Justice announced today that the FBI successfully breached the ALPHV ransomware operation's servers to monitor their activities and obtain decryption keys. With this access, the FBI silently monitored the ransomware operation for months, siphoning decryption keys and sharing them with over 500 victims so that they did not have to pay a ransom for a decryptor.
Using standard hardware, the researchers demonstrated that executing the Marvin Attack within just a couple of hours is possible, proving its practicality. The Marvin Attack does not have a corresponding CVE despite highlighting a fundamental flaw in RSA decryption, mainly how padding errors are managed, due to the variety and complexity of individual implementations.
Europol supported the German, Dutch and US authorities in taking down the infrastructure of the prolific HIVE ransomware.In the last year, HIVE ransomware has been identified as a major threat as it has been used to compromise and encrypt the data and computer systems of large IT and oil multinationals in the EU and the USA. Since June 2021, over 1 500 companies from over 80 countries worldwide have fallen victim to HIVE associates and lost almost EUR 100 million in ransom payments.
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