In recent developments within the cybersecurity landscape, there has been a noticeable shift in the tactics employed by ransomware attackers. Initially, these malicious actors concentrated on encrypting entire databases and demanding ransoms for decryption keys. However, a growing trend indicates a shift towards data theft, with cybercriminals now prioritizing the…
Title: Russia’s Crackdown on Cybercrime: A Shift in Strategy Amid Ukraine Peace Talks Recent developments in Russia indicate a significant shift in its approach to cybersecurity, particularly concerning ransomware and cybercriminals. The unexpected arrest of Mikhail Pavlovich Matveev, also known as "Wazawaka," marks a notable departure from the historically lenient…
Data Leaks from Banking Sector Raise Alarm Over Cybersecurity Risks Recent investigations by central intelligence and cyber agencies in India have unveiled a troubling trend of extensive data breaches within the banking sector, primarily attributed to bank employees and third-party vendors. These leaks of confidential banking information are contributing to…
Cybercrime, Fraud Management & Cybercrime, Incident & Breach Response Also: Lee Enterprises Recovering From Ransomware Attack, Ivanti POC Released Anviksha More (@AnvikshaMore) • February 20, 2025 Image: Shutterstock / ISMG This week, ISMG provides a summary of notable cybersecurity incidents globally, highlighting an FBI warning regarding Ghost ransomware, Google addressing…
In recent years, cybercrime has transformed into a sophisticated and structured enterprise. A particularly concerning trend is the rise of “Fraud-As-A-Service” (FaaS), a term used by criminal syndicates to describe their illicit offerings. This model allows cybercriminals to provide a service-based framework, equipping other malefactors with tools and resources necessary…
Anti-Phishing, DMARC, Cybercrime, Fraud Management & Cybercrime Astaroth Kit Available for $2,000 on Telegram, Capable of Real-Time Authentication Interception Prajeet Nair (@prajeetspeaks) • February 13, 2025 Researchers have identified a phishing kit named Astaroth that employs session hijacking to circumvent two-factor authentication. (Image: Shutterstock) A recently emerged phishing kit, Astaroth,…
Zero-Day Vulnerability Discovered in 7-Zip Amid Ongoing Conflict in Ukraine In recent developments, security researchers have identified a zero-day vulnerability in the widely used 7-Zip archiving application, which has reportedly been exploited in connection with Russia’s military operations in Ukraine. The vulnerability poses a significant security risk, as it allows…
This report covers topics such as Data Breach Notification, Data Security, and Fraud Management & Cybercrime. LockBit and BlackCat/ALPHV Decline Linked with Diminishing Big-Game Hunting Mathew J. Schwartz (euroinfosec) • February 6, 2025 While ransomware remains a lucrative avenue for operators, 2024 has seen a significant downturn in the financial…
Fraud Management & Cybercrime, Healthcare, Incident & Breach Response Attack Costs UnitedHealth Group a Staggering $3.1 Billion Mathew J. Schwartz (euroinfosec) • January 27, 2025 Change Healthcare has reported a drastic increase in the number of breach victims, now estimated at 190 million, marking one of the most significant data…
