A British teenager has avoided jail time after pleading guilty to thousands of DDoS disruptions against Amazon, Netflix, NatWest Bank and others. Separately, a U.S. man has pleaded guilty to launching DDoS attacks on behalf of Lizard Squad and PoodleCorp, among other offenses.
Bitcoin: Is it the future of cash, a legitimate speculative instrument or a Ponzi scheme in easy-to-consume digital form? Despite the outstanding questions, investors and cybercriminals alike continue to amass cryptocurrencies. Both groups face perils.
A new strain of the Petya ransomware called "Bad Rabbit" is impacting business and sweeping across Russia and Ukraine, among other Eastern European countries. Like many of the other ransomware outbreaks, understanding fact from fiction is the first step in staying safe.
Many enterprises use remote desktop protocol to remotely administer their PCs and mobile devices. But security experts warn that weak RDP credentials are in wide circulation on darknet marketplaces and increasingly used by ransomware attackers.
A 21-year-old man appeared in British court this week to face 11 charges, including using DDoS attacks to disrupt sites run by Google, Pokemon and Skype, as well as money laundering and selling malware and "crypting services."
The FBI is asking all U.S. victims of DDoS attacks to please come forward. The bureau's plea for more information from cyberattack victims parallels similar requests made this week by British authorities speaking at ISMG's Fraud and Breach Prevention Summit in London.
The clock is ticking on the General Data Protection Regulation (GDPR) coming into effect and while there isn't wide scale panic yet, lots of organizations are either in denial or just coming to grips with its implications. The difficulty with GDPR is that the regulation states the "WHAT" but pretty much is silent on...
"Big four" accounting firm Deloitte suffered a breach last year that may have exposed 5 million internal emails as well as usernames and passwords, client information and health details, the Guardian reports.
Given the current threat environment, it's urgent that organizations add technical experts to their boards of directors to help ensure the development of effective cybersecurity strategies, says Art Coviello, retired chairman of RSA.
The U.S. Treasury Department has announced sanctions against 11 individuals and organizations linked to Iran, some of whom have been accused of helping to launch distributed denial-of-service attacks against dozens of U.S. banks from 2011 to 2013.
Admitted Mirai malware attacker Daniel Kaye has been extradited from Germany to the United Kingdom, where he faces charges that he launched DDoS attacks and extortion attempts against the U.K.'s Lloyds Banking Group and Barclays banks.
A list of weak credentials for vulnerable Internet of Things devices has prompted a new effort to notify their owners. The fear is of another mass, IoT-fueled DDoS attack along the lines of last year's Mirai attacks.
At ISMG's recent New York Fraud & Breach Prevention Summit, attendees interacted with technology solution providers and other thought leaders, gaining practical insights on solving real-world problems.