Wiper Used in Attack on Iran National Media Network
An analysis of a January attack targeting Iran’s national media corporation has found the use of multiple malware families, including a data-wiper and custom backdoors.
Coinbase Pays $250K for ‘Market-Nuking’ Security Flaw
Cryptocurrency exchange Coinbase has shelled out its largest ever bug bounty payment — a quarter of a million dollars — for what was described as a “market-nuking” security flaw that could have allowed users to sell bitcoins they didn’t own.
Researchers Devise Method to Decrypt Hive Ransomware-Encrypted Data
A group of academic researchers has found a way to exploit a security flaw in the encryption algorithm used by the Hive ransomware to recover hijacked and encrypted data.
Conti Ransomware ‘Acquires’ TrickBot as It Thrives Amid Crackdowns
Experts at threat intelligence and ransomware disruption company AdvIntel believe the notorious TrickBot malware has reached its limits, but its development team appears to have been “acquired” by the Conti ransomware gang, which has been thriving amid recent crackdowns.
Fast-Growing Golang-Based ‘Kraken’ Botnet Emerges
Over the past several months, a new Golang-based botnet targeting Windows has been ensnaring hundreds of new systems with every newly deployed command and control (C&C) server, cybersecurity firm ZeroFox reports.
Are You Prepared for 2022’s More Destructive Ransomware?
We’re barely into 2022, and already we’re seeing ransomware proliferate. What we saw last year is that while most attacks continue to exploit known vulnerabilities, cybercriminals have also redoubled efforts to target new ones – such as what we saw with Hafnium and new Microsoft Exchange vulnerabilities.
Bot Detection Firm Netacea Closes $12 Million Funding Round
Early-stage bot detection and mitigation company Netacea has closed a $12 million (£9 million) Series A investment to build out its anti-fraud technology platform.
The investment was led by Mercia Asset Management, with participation from a wide range of private investors with experience in the cybersecurity industry.
Backup Plays Key Role in Ransomware Response, But Not a Complete Solution
Ransomware attacks have increased in volume, sophistication and ransom demanded consistently over the last few years. According to published records, the education and retail industries are the most targeted.
Swissport Investigating Ransomware Group’s Data Leak Claims
A ransomware group has taken credit for the recent attack targeting aviation services company Swissport, and the cybercriminals claim to have stolen more than one terabyte of data.
