Category Security

Blackbaud Settles $3m Charge Over Ransomware Attack

Cloud software provider Blackbaud agreed to pay $3 million to settle claims for regulatory filings in the wake of a major ransomware attack in 2020. The South Carolina-based company, which sells software to nonprofits, schools, and other “social good” organizations,…

Final Three Sentenced in £70m Money Laundering Case

British law enforcement said Friday it had dismantled a major money-laundering gang after the final three members were convicted after a five-year investigation. Aurimas Bielskis, 41, Vitalijs Slapkins-Slapkovs, 34, and Nedas Kiviliauskas, 34, were sentenced at Kingston Crown Court in…

Investment Fraud is Now Biggest Cybercrime Earner

Investment fraud surpassed business email compromise (BEC) to become the most profitable category of cybercrime last year, costing victims more than $3.3 billion in damages in 2022, according to the FBI. of Internet Crime Report 2022 The agency’s Internet Crime…

IceFire Ransomware Targets Linux Enterprise Networks

A new Linux version of the IceFire ransomware was deployed in February and attacked the enterprise networks of several media and entertainment sector organizations around the world. According to security researchers at SentinelOne, the campaign exploited CVE-2022-47986, a deserialization vulnerability…

The MFA Blind Spots No One Talks About

March 10, 2023hacker newsmulti-factor authentication Multi-factor authentication (MFA) long ago became a standard security practice. With widespread consensus on its ability to defend against over 99% of account takeover attacks, it’s no wonder security architects consider it a must-have in…