Fraud Management & Cybercrime, Geo Focus: The United Kingdom, Geo-Specific Experts Advocate for Resilience Rather Than Ransom Payment Bans Akshaya Asokan (asokan_akshaya) • March 3, 2025 Image: Shutterstock In a recent testimony before a parliamentary committee, security experts recommended that the UK government prioritize operational resilience over implementing bans on…
Black Basta Cyberattack on Ascension Health Raises Concerns Over Healthcare Security In a significant cyber incident, the Black Basta ransomware group targeted Ascension Health, one of the largest Catholic healthcare providers in the United States, leading to widespread disruption in operations. The attack, which occurred in May 2024, resulted in…
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…
