A U.S. couple is set to file a plea deal for their role in laundering $4.5 billion in cryptocurrency from the Bitfinex virtual currency exchange in 2016. Federal prosecutors say they moved crypto to hide their tracks, withdrew it from ATMs and used gift cards to spend the money.
Suspected North Korean hackers who targeted enterprise software firm JumpCloud are likely behind a social engineering campaign targeting the personal GitHub accounts of employees from major technology firms - including those in the cybersecurity sector.
In the latest weekly update, ISMG editors discuss key takeaways from ISMG's recent Healthcare Summit, how the healthcare sector is embracing generative AI tools, and why Microsoft just decided to give all customers access to expanded logging capabilities.
A Florida hospital is notifying 1.2 million patients that their information was stolen by hackers in a cybersecurity incident that spanned for nearly three weeks in May as attackers tried to encrypt the entity's systems with ransomware. The hospital repelled the attack but couldn't stop the breach.
The count of organizations affected by the Clop ransomware group's attack on MOVEit file-transfer software users continues to grow, now numbering over 400 organizations that were directly or indirectly impacted. More than 20 million individuals' personal details were stolen in the attacks.
FedNow, the Federal Reserve's first instant payment service, officially launched on Thursday. FedNow so far has 35 banks and credit unions and 16 service providers certified to use the service, including community banks and large lenders such as JPMorgan Chase and Bank of New York Mellon.
This week, the U.S. ambassador to China was the latest Chinese hack victim, Linux malware infected 70,000 routers, Norway banned Meta ads, the MOVEit breach affected 1.2 million more customers, a Russian medical lab suffered a ransomware attack, and Estée Lauder shut down systems after a breach.
Security researchers say the Chinese state-sponsored espionage group APT41 is using WyrmSpy and DragonEgg surveillance malware to target Android mobile devices. APT41 recently switched tactics to develop malware specific to the Android operating system.
Days after attributing the recent breach in its customer environment, enterprise software company JumpCloud on Thursday confirmed the involvement of a North Korean nation-state actor who appears to be financially motivated to steal cryptocurrency.
Cybercriminals are leveraging Google's paid advertisement service to push malicious sites on top search results in order to trick victims into downloading info stealers and backdoors. Researchers suspect it could be a workaround for the changes Microsoft made to protect against malicious macros.
Adobe released a fresh out-of-band security update to patch an improperly fixed ColdFusion zero-day vulnerability being actively exploited in the wild that allows attackers to bypass security controls. The update includes fixes for two other critical vulnerabilities.
The U.S. Federal Trade Commission and the Department of Health and Human Services are jointly warning dozens of hospitals and telehealth providers of potential patient data privacy and cybersecurity violations involving the use of online tracking technologies.
Between July 14 and 20, senators introduced a bill to address DeFi risk, Nasdaq held back crypto custody plans, DeFi hackers laundered lesser amounts of stolen funds in the first half of this year than in H1 2022, and an Australian bank blocked payments to high-risk crypto exchanges.
Kevin Mitnick, the self-described "world's most famous hacker" - thanks in no small part to his being featured on the FBI's Most Wanted list during a two-year manhunt - has died at the age of 59. After serving time in prison, Mitnick went legit, warning others about the dangers of social engineering.
Brazil's instant payment system, PIX, is second only to India's UPI in number of transactions. As the United States prepares for the launch of FedNow, GFT's Carlos Kazuo Missao shares his experience with PIX and some important lessons U.S. banks can learn from Brazil.
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