With businesses ramping up their migration to cloud services for improved cost management, scalability, and expedited service delivery, cybercriminals are keenly aware of these shifts. Cloud technology has emerged as an essential element of contemporary business strategies, providing unmatched adaptability and innovation. However, this invaluable resource also carries significant risks.…
In September 2023, KrebsOnSecurity revealed that security analysts had linked a series of six-figure cyberheists affecting numerous victims to the compromise of master passwords from the password management service LastPass, which suffered a breach in 2022. This conclusion has now been reiterated by U.S. federal agents investigating a significant $150…
Texas Man Convicted for Sabotaging Employer’s Computer Systems In a significant cybersecurity case, a Texas man has been found guilty of sabotaging the computer systems of his employer and intentionally deleting crucial data. This alarming incident underscores the vulnerabilities that businesses face from insider threats, even as they strive to…
Major Cyber Campaign Targets Nearly 1 Million Devices: A Review of the Multi-Stage Attack A comprehensive cyber campaign has recently come to light, targeting almost one million devices across a broad spectrum of individuals and organizations. This indiscriminate approach highlights a significant opportunistic strategy employed by the attackers, who aimed…
The Evolving Cyber Threat Landscape for Utilities in the Quantum Computing Era Utilities, including power, water, gas, and tribal services, represent the foundational pillars of contemporary society, delivering vital services that support day-to-day living. However, these essential infrastructures are increasingly confronted with a surging wave of cyber threats that can…
Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime, Government Also covered: The Recent Ransomware Surge, Controversies Surrounding the Crypto Reserve Anna Delaney (annamadeline) • March 7, 2025 Clockwise from top left: Anna Delaney, Tony Morbin, Chris Riotta, and Mathew Schwartz This week, ISMG editors convened to address the escalating threat…
A significant development in the cyber threat landscape has emerged with the rise of the ‘Spearwing’ Ransomware-as-a-Service (RaaS) group, which has been linked to a variety of cyber incidents targeting organizations worldwide. As this group gains notoriety, businesses are being urged to stay vigilant as the sophistication and prevalence of…
A recently uncovered botnet, dubbed Eleven11bot, has reportedly harnessed an estimated 30,000 compromised webcams and video recorders, achieving what could be the most significant denial-of-service (DoS) attack to date, as shared by a security researcher affiliated with Nokia. This botnet primarily targets entities across multiple sectors, with its largest concentration…
The realm of cybersecurity has become an indispensable aspect of organizational resilience. Across all sectors, businesses now navigate more perilous landscapes, confronting severe threats such as ransomware that compromise millions of operations annually. While the reality of these threats looms large, companies need not succumb to a climate of fear.…
