Kevin Beaumont writes: Recently, I’ve been tracking LockBit ransomware group as they’ve been breaching large enterprises: I thought it would be good to break down what is happening and how they’re doing it, since LockBit are breaching some of the world’s largest organisations — many of whom have incredibly large security budgets. Read more at…
Author: Dissent
Toronto, Canada: Moneris Hit by Cyber Attack, Medusa Team Demands $6M Ransom
Marco A. De Felice reports: In the past hours, another prominent name in global finance has fallen victim to a cyber attack on its IT infrastructure. This time, the Canadian company Moneris, a technology and financial firm specializing in digital payment processing and serving as a partner for leading card brands in Canada such as…
FBI knows identities of some U.S. members of “Scattered Spider,” but no arrests so far?
Zeba Siddiqui, Christopher Bing, and Raphael Satter report: The U.S. Federal Bureau of Investigation (FBI) has struggled to stop a hyper-aggressive cybercrime gang that’s been tormenting corporate America over the last two years, according to nine cybersecurity responders, digital crime experts and victims. For more than six months, the FBI has known the identities of…
Gang says ICBC paid ransom over hack that disrupted US Treasury market, ‘deal closed’
James Pearson reports: China’s biggest lender, the Industrial and Commercial Bank of China, paid a ransom after it was hacked last week, a Lockbit ransomware gang representative said on Monday in a statement which Reuters was unable to independently verify. ICBC, whose U.S. arm was hit by a ransomware attack that disrupted trades in the…
The Mirai Confessions: Three Young Hackers Who Built a Web-Killing Monster Finally Tell Their Story
A snippet from another great read by WIRED: After a typical sleepless night at his keyboard, 19-year-old Josiah White sat staring at the three flatscreen monitors he’d set up on a workbench in a messy basement storage area connected to the bedroom he shared with his brother in their parents’ house. He was surrounded by…
Minnesota schools turn to voters, plead for lawmaker help in fending off cyberattacks
Dana Ferguson reports: Faced with a growing threat of cybersecurity breaches, school districts around the country and in Minnesota are turning to local taxpayers and state officials for help in building up their defenses. Voters in at least 17 communities last week weighed ballot questions letting local districts raise tax levies for cybersecurity improvements; more…