In the latest update, four editors at Information Security Media Group discuss the intriguing insights exposed by the leak of ransomware gang Conti's internal communications, the U.S. Treasury's first-ever sanctions on a cryptocurrency mixer and the latest cyber activity in Russia's hybrid war.
In the latest "Proof of Concept," Ari Redbord, head of legal and government affairs at TRM Labs, and former CISO David Pollino of PNC Bank join editors at ISMG to discuss the U.S Treasury's decision to sanction cryptocurrency mixer Blender.io. They also assess software supply chain security.
The United Kingdom has announced two proposed pieces of legislation - the Financial Services and Markets Bill and the Economic Crime and Corporate Transparency Bill - to regulate the digital assets industry and curb the use of virtual currency in illicit activity.
In this edition, four ISMG editors discuss important cybersecurity issues, including how virtual currency Monero is becoming the main alternative to Bitcoin as the crypto choice for criminals, the challenges involved in an identity-centric Zero Trust approach and how to influence change in culture.
Don't stockpile cryptocurrency in case your organization falls victim to ransomware-wielding attackers and opts to pay a ransom. This might seem obvious to anyone aware of the volatility in Bitcoin's value, but some organizations reportedly used to employ this incident response strategy.
Almost all ransomware-wielding attackers accept Bitcoin for ransom payments, but many prefer Monero, thanks to the privacy-preserving coin being tougher for law enforcement officials to track. But advanced intelligence efforts to try and unmask criminal users of both Bitcoin and Monero are ongoing.
Skyrocketing attack rates, double and triple extortion, increasing ransom demands… cybercriminals are inflicting pain in every way imaginable when it comes to today’s ransomware attacks. And you need to be prepared to protect your network, NOW.
Find out the steps you need to take to minimize damage to your...
The latest edition of the ISMG Security Report analyzes how the U.S. government is offering a reward of up to $5 million for information to help it disrupt the illicit flow of funds to North Korea. The report also examines approaches to enhance banks' cyber defenses and U.S. regulatory trends.
VMware's Tom Kellermann is out with Modern Bank Heists 5.0, his latest look at the attackers and attacks targeting financial services. Subtitled "The Escalation," this report looks at the increase in destructive attacks, ransomware and hits on cryptocurrency exchanges. Kellermann shares insights.
As organizations are adapting to rapid increases in digital transformation and the use of cryptocurrency, which has revolutionized how payments, investments, and banking are done, this means fraudsters are even more hard at work to exploit weaknesses.
The cryptocurrency landscape operates under increased risk of...
Many organizations face an upward battle when detecting and preventing fraud.
Download the whitepaper to find out the top 10 trends to watch in the year ahead.
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How the effects of the pandemic propagate new fraudulent scenarios
What attributed to the staggering $5.4 trillion global cost of...
The U.S. Treasury Department has sanctioned Russian darknet marketplace Hydra and cryptocurrency exchange Garantex. The German Bundeskriminalamt shut down Hydra on Tuesday, and Garantex allegedly was involved in ransomware and cybercriminal activities targeting U.S. citizens and other entities.
Expel is out with its new forward-looking report, “Great eXpeltations,” and
among the topics covered are supply chain targeting, ransomware & cryptojacking, along with business email compromise.
So what are the top trends and predictions for the 2022 cyber threat landscape and how do you better protect your...
A data breach involving email marketing firm Mailchimp has affected customers of cryptocurrency hardware wallet provider Trezor, which launched an investigation after its customers received phishing emails containing their Trezor email addresses. Mailchimp says it learned of the breach on March 26.
In the latest weekly update, four editors at ISMG discuss important cybersecurity issues, including the lessons we can learn from Okta's breach fallout and subsequent response, how the first NFT rug pull of 2022 has amounted to over $1 million, and the much-anticipated return to in-person events.