Transak, a provider of crypto on-ramp services, has recently disclosed a data breach affecting over 92,000 users, attributed to a phishing attack. This incident underscores the persistent cybersecurity vulnerabilities that plague the cryptocurrency industry. On October 21, 2024, Transak reported that the breach involved the exposure of Know Your Customer…
Russian, Chinese, and Iranian state-sponsored hackers have been active throughout the 2024 U.S. election campaign, targeting digital accounts linked to various political campaigns, disseminating disinformation, and probing election systems. A recent report released by the Election Infrastructure Information Sharing and Analysis Center (ISAC) cautioned that the threat posed by cybercriminals,…
HIPAA/HITECH, Standards, Regulations & Compliance How Might Election Outcome Affect HHS’s Cybersecurity Work in Healthcare? Marianne Kolbasuk McGee (HealthInfoSec) • October 25, 2024 Melanie Fontes Rainer, HHS OCR director, speaking at a HIPAA summit this week (Image: Marianne Kolbasuk McGee) As the Biden administration approaches its conclusion, officials at the…
In the evolving landscape of cybersecurity threats, the protection of both personal and corporate identities has become increasingly crucial. When cybercriminals gain access to compromised credentials, organizations face the risk of unauthorized entry into sensitive systems, leading to severe financial repercussions from ransomware and other malware assaults. To combat these…
Law enforcement authorities in the United Kingdom have apprehended a 17-year-old individual from Walsall, identified as a suspected member of the infamous Scattered Spider cybercrime group. This operation signifies a strategic push against a global network allegedly responsible for targeting major corporations with ransomware attacks and breaching their computer networks.…
Recent developments in the landscape of ransomware threats indicate a troubling pivot, as criminals who traditionally targeted Windows and Linux operating systems are now making inroads into Apple’s macOS environment. A survey conducted by SentinelOne highlights this alarming trend, unveiling the emergence of sophisticated ransomware that not only encrypts files…
Understanding Trends in the Cybercriminal Underground: Insights from Cybersixgill The realm of cybercrime has become increasingly complex and sophisticated, as evidenced by the findings of Cybersixgill’s recent report, "State of the Underground 2024." This annual analysis details the evolving landscape of illicit activities within the deep and dark web throughout…
A historic cyberattack has recently come to light, surpassing all previous breaches in the healthcare sector. In February 2024, UnitedHealth Group, the world’s largest healthcare company by revenue, was targeted in a sophisticated ransomware attack that compromised the personal information of over 100 million individuals nationwide. This unprecedented event primarily…
Fraud Management & Cybercrime, Ransomware Emerging Ransomware Group Utilizes Rust-Based Tools in New Attack Strategies Prajeet Nair (@prajeetspeaks) • October 23, 2024 Image: Shutterstock A newly formed ransomware group has emerged with advanced capabilities, reportedly developing tools designed to bypass traditional security measures. This burgeoning threat is distinguished by its…
