A wave of financially-motivated cybercrime has hit European and former Soviet banks to reveal profound security weaknesses in the technology infrastructure that handles transactions and funds worth billions of dollars. But how do we stop the next generation of tech-savvy criminals? What security measures must institutions enact to prevent further hemorrhaging of funds in the... Read More.
On June 27, 2017, opportunistic cybercriminals took advantage of exploits leaked by Shadow Brokers, a group that had previously released cyberweapons used by the National Security Agency. The latest exploit was a variant of Ransom: Win32/Petya that was initially seeded through the update mechanism of an accounting software program used in Ukraine. Since then, the... Read More.
The pacemaker itself is not a new piece of technology. Interfacing it with a network – including the publicly accessible Internet – is a relatively new concept and opens the door to potentially life-threatening security vulnerabilities. Recently, the newly developed Pacemaker Ecosystem, the technology framework for connecting next-gen Pacemakers to the Internet of Things (IoT)... Read More.
United Airlines seems to be lurching from one bad PR story to the another. This time, a United Airlines flight attendant accidentally posted the keypad access codes for airplane cockpit doors on a public website. The Wall Street Journal revealed the story, but did not identify the website or online forum where the codes were... Read More.
The biggest global ransomware cyberattack on record has impacted over 130,000 individual computers across over 100 countries in just 48 hours. That figure is an estimate as of Saturday midnight May 13, and will certainly increase over the next few days as more victims are identified. So What Exactly Happened? Victims see a ransom demand... Read More.
The 32-year-old son of a Russian parliamentarian and an ally to Vladimir Putin has been sentenced to 27 years in prison by the U.S. government for causing damages worth $169 million. Roman Selenev, known as “Track2” in the cybercrime underworld was described as a “pioneer” of credit card data theft. His modus operandi was hacking... Read More.