Search results for "cyber attacks"

Report says Russian hackers haven't eased spying efforts

The elite Russian state hackers behind last year’s massive SolarWinds cyberespionage campaign hardly eased up this year, managing plenty of infiltrations of U.S. and allied government agencies and foreign policy think tanks with consummate craft and stealth, a leading cybersecurity firm reported. Also Monday, Microsoft announced that it had disrupted the cyber-spying of a state-backed […]

Cisco VP highlights need for inclusivity when entering the 4IR

As the global health crisis slowly subsides, one cannot ignore the fact that the pandemic forced a brave new world onto all of us. Pandemic-infused conundrums have evolved from mere debates between both people and companies, are now being actionably championed by those looking to thrive within the fourth industrial revolution. The future of work, […]

US charges 2 suspected major ransomware operators

A suspected Ukrainian hacker has been arrested and charged in the United States in connection with a string of costly ransomware attacks, including one that snarled businesses around the globe on the Fourth of July weekend, U.S. officials said Monday. Yaroslav Vasinskyi was arrested last month after traveling to Poland, according to the Justice Department, […]

Microsoft: Russian-backed hackers targeting cloud services

Microsoft said Monday the same Russia-backed hackers responsible for the 2020 SolarWinds breach continue to attack the global technology supply chain and have been relentlessly targeting cloud service companies and others since summer. The group, which Microsoft calls Nobelium, has employed a new strategy to piggyback on the direct access that cloud service resellers have […]

Microsoft: Russia behind 58% of detected state-backed hacks

Russia accounted for most state-sponsored hacking detected by Microsoft over the past year, with a 58% share, mostly targeting government agencies and think tanks in the United States, followed by Ukraine, Britain and European NATO members, the company said. The devastating effectiveness of the long-undetected SolarWinds hack — it mainly breached information technology businesses including […]

Coinbase' flawed MFA led to threat actor breach

Famous cryptocurrency exchange platform Coinbase underwent a cyber threat, breaching 6,000 accounts by detouring around the platform’s security feature. Coinbase informed thousands of its users that the company detected a “third-party campaign to gain unauthorized access to the accounts of Coinbase customers and move customer funds off the Coinbase platform.” On Friday, Bleeping Computer sparked attention that […]

White House blacklists Russian ransomware payment 'enabler'

The Biden administration sought Tuesday to choke the finances of criminal ransomware gangs, announcing sanctions against a Russia-based virtual currency brokerage that officials say helped at least eight ransomware gangs launder virtual currency. The Treasury Department sanctions are aimed at kneecapping the economic infrastructure of a ransomware threat that has surged over the last year, […]

Indonesia says no evidence of alleged Chinese intel hack

Indonesian authorities have found no evidence that the country’s main intelligence service’s computers were compromised, after a U.S.-based private cybersecurity company alerted them of a suspected breach of its internal networks by a Chinese hacking group, an official said. The Insikt Group, the threat research division of Massachusetts-based Recorded Future, said it discovered the hack […]

Microsoft’s passwordless option tightens security

Microsoft announced on Wednesday its latest step in securing its Microsoft Outlook and Microsoft OneDrive accounts by welcoming its “passwordless account” option for consumers’ in the upcoming weeks for Windows 10 and Windows 11 PCs. In March, the Big Tech giant already made this option available for all its corporate accounts as a necessary solution […]

Biden’s Zero Trust order unites Big Tech under national security

Microsoft’s accommodations to President Joe Biden’s executive order to hinder cyberattacks on the U.S. will support public and private sectors in establishing the right infrastructure for a bolstered up Zero Trust network security model. After a full year of ransomware and supply chain attacks, Microsoft is one of 18 cybersecurity firms selected to work in […]