Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Researchers Trace 61% of Known Losses This Year to State-Sponsored Cybercriminals in North Korea Mathew J. Schwartz (euroinfosec) • December 23, 2024 North Korea currently lacks a memorial for its stolen cryptocurrency. (Image: Shutterstock) In a disconcerting trend, hackers purportedly associated…
Cyberwarfare / Nation-State Attacks, Endpoint Security, Fraud Management & Cybercrime Increased Scrutiny on Major Chinese Router Manufacturer Following Espionage Allegations Chris Riotta (@chrisriotta) • December 23, 2024 TP-Link routers are under investigation for potential security risks linked to Chinese hacking targeting U.S. critical infrastructure. (Image: Shutterstock) U.S. government officials are…
Overconfidence in Cybersecurity Tools: The Risks of Complacency In a recent report by 451 Research, made available through S&P Global Market Intelligence, findings suggest that many organizations remain overly confident in their cybersecurity defenses, particularly against ransomware. Despite a growing awareness of cyber threats, the study reveals a stark disconnect…
German IoT Devices Compromised Through Backdoored Android Applications The German Federal Office for Information Security (BSI) has reported a significant disruption of a botnet that has compromised approximately 30,000 Internet of Things (IoT) devices. This incident involves backdoored digital picture frames and media players operating under modified Android systems, many…
Cybercrime, Fraud Management & Cybercrime, Ransomware Credit Rating Agency Predicts Rise in Big Game Hunting by Ransomware Gangs in 2025 David Perera (@daveperera) • December 9, 2024 Image: Shutterstock Moody’s Ratings has issued a warning that enhanced cybersecurity measures have led ransomware attackers to shift their focus toward larger organizations,…
Email Security & Protection, Fraud Management & Cybercrime, Governance & Risk Management Incidents at Pain Management Firm and Pediatric Hospital Impact 50,000 Individuals Marianne Kolbasuk McGee (HealthInfoSec) • December 6, 2024 The U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) imposed fines on both the…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Individual Charged with Stealing $3.5 Million in Cloud Resources to Mine Cryptocurrency Pleads Guilty Prajeet Nair (@prajeetspeaks) • December 5, 2024 Image: Shutterstock In a weekly update covering significant cybersecurity events in digital assets, ISMG reported notable incidents this week. Attackers…
Cyberwarfare / Nation-State Attacks , Fraud Management & Cybercrime , Social Engineering Tehran Lures Aerospace Sector with Malicious Job Offers Prajeet Nair (@prajeetspeaks) • November 14, 2024 Image: Shutterstock In a disturbing development, Iranian state-sponsored hackers are reportedly adopting tactics used by their North Korean counterparts to infiltrate…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime Recent Developments: Arrests in $232M Scam, Guilty Plea in $73M Pig-Butchering Case Rashmi Ramesh ( rashmiramesh_) • November 14, 2024 Image: Shutterstock In a weekly roundup of cybersecurity incidents involving digital assets, significant developments this week include FTX initiating legal actions…
