Coincheck, a Tokyo-based exchange, says it suffered a hack attack that led to the theft of $530 million worth of XEM cryptocurrency from its hot wallet. But the developers of XEM say they are tagging all accounts that receive the stolen funds to stop it from being converted to cash.
How much does it cost to buy cybercrime-enabling products or services? Just $5 and up, security researchers say. Law enforcement agencies warn that small-time players as well as "serious and organized" crime rings are using cybercrime as a service to make illicit profits.
Leading the latest edition of the ISMG Security Report: Ransomware crypto-locks customer data stored by a cloud-based service provider. Also, there's a move afoot to use blockchain technology to better protect people's personally identifiable information.
Organizations in the Middle East and Central Asia are beginning to respond to the nuances of the evolving threat landscape in the region, says Tata Communication' Avinash Prasad in this exclusive interview.
Data broker Equifax has released a revised count of U.K. victims of its massive 2017 data breach, now saying 860,000 residents had their personal details exposed. The data broker is offering its own fraud-monitoring services to breach victims, provided they share their personal details.
Leading the latest edition of the ISMG Security Report: Why some organizations with working backups still choose to pay a ransom after suffering a cryptolocking malware attack. Also featured: The U.S. government's push to bolster the private sector's "active defenses."
Intel says firmware updates it developed to help protect users against the Meltdown and Spectre vulnerabilities have been causing not just older CPUs but also its newest processors - in both client devices and data center servers - to reboot much more frequently than they should.
Virtual currency that's been surging in value, stored in internet-connected banks and virtual "hot wallets": What could go wrong? The answer includes well over $175 million worth of stolen cryptocurrency and attacks that have been tied to North Korea's Lazarus Group.
BlackBerry mobile devices have become a rare sight. But drivers of Audi, GM and Mercedes vehicles may be using the company's embedded operating system in their cars, and with a new tool called Jarvis, BlackBerry is also making a play to secure the code used to drive autonomous vehicles.
Canadian police have charged a 27-year-old man with running LeakedSource, which sold access to 3.1 billion stolen login credentials. Jordan Evan Bloom is accused of making $247,000 by administering the site, which offered a subscription service.
This edition of the ISMG Security Report takes a look at how ready healthcare organizations are for GDPR compliance. Also featured: comments from Alberto Yepez of Trident Capital on the 2018 outlook for information security companies and a summary of the latest financial fraud trends.
The cyber espionage group that executed a campaign against the Democratic Party has been gearing up to attack the U.S. Senate, cybersecurity firm Trend Micro warns. Separately, a Senate report demands that the White House do more to prevent the 2018 and 2020 U.S. elections from being disrupted.
There are roughly 3,000 cybersecurity vendors in the market today, and former FireEye CEO Dave DeWalt says conditions are right for even greater market growth. How does he see the marketplace evolving in 2018?
An analysis of FBI Director Christopher Wray's comments about how encryption poses complications for law enforcement officials leads the latest edition of the ISMG Security Report. Also featured: The former CISO of the state of Michigan sizes up cybersecurity forecasts.
Mobile phone retailer Carphone Warehouse has been hit with one of the largest fines ever imposed by Britain's data privacy watchdog after an attacker breached its outdated WordPress installation, exposing 3 million customers' and 1,000 employees' personal details.