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Category: Commentaries and Analyses

Citrix denies dark web claim of network compromise and ransomware attack

Posted on July 15, 2020 by Dissent

Simon Sharwood reports: Citrix has taken the unusual step of rebutting dark web discourse that alleges its networks have been compromised. A Wednesday post penned by CISO Fermin J. Serna says the company is aware of “threat intelligence report circulated concerning claims made on the dark web by a threat actor alleging compromise of the Citrix network,…

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SEC’s OCIE Issues Ransomware Risk Alert

Posted on July 15, 2020 by Dissent

Kate Hanniford of Alston & Bird writes: On July 10, the SEC’s Office of Compliance Inspections and Examinations (OCIE) issued a Risk Alert noting the increasing sophistication of ransomware attacks on SEC registrants and service providers to SEC registrants.  The Risk Alert is notable for its encouragement of financial services market participants more broadly and not just…

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Beyond Data Breach: Evaluating Coverage for Misuse of Information Claims

Posted on July 15, 2020 by Dissent

Kyle Medley and Judith Selby of Hinshaw write: Cyber insurance policies typically include coverage for claims arising out of violations of cyber and privacy laws and regulations, but the coverage provided can vary greatly from policy to policy. When considering whether any given claim falls within a policy’s coverage, the following issues should be considered:…

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Whose data are these — and are they real? NightLion v. Troia, Round 2

Posted on July 14, 2020 by Dissent

July 28 — Please see the correction notice and update at the bottom of this post. On Sunday, a person or persons calling themself “NightLion” revealed that they had hacked DataViper.io. Data Viper is a service its founder, Vinny Troia, describes as “A Threat Intelligence Platform Designed To Provide Organizations, Investigators, And Law Enforcement With…

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Revenge is mine, saith a hacker. No big deal, saith a researcher.

Posted on July 12, 2020 by Dissent

Vinny Troia, a self-described security researcher and and the owner of cybersecurity firms Night Lion Security and DataViper.io, will be the opening keynote speaker at SecureWorld’s virtual conference this coming Wednesday. He has promoted himself and his talk by claiming that he will reveal all of the identities of key members of thedarkoverlord, GnosticPlayers, and…

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How REvil Used the Underground Ecosystem to Form an Extortion Cartel

Posted on July 11, 2020 by Dissent

A new paper on Sodinokibi (REvil) ransomware operators by Advanced Intelligence begins: Just about one year ago, the makers of the infamous GandCrab ransomware announced their retirement, having reportedly earned an astonishing $2 billion since their entry into the ransomware market in January 2018. The vacuum was quickly filled, however. Forensic and malware evidence was…

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