Olympus investigating reported ransomware attack with BlackMatter hallmarks

The Japanse company said it held up data transfers in some business areas as security personnel look into the matter.

financial news

Groove ransomware gang is a motley crew of disgruntled hackers, researchers say

by Tim Starks • 1 week ago

The group emerges as cracks form in the ransomware-as-a-service model.

National cyber director declares 'too soon to say we're out of the woods,' as US enjoys dip in ransomware

by Tim Starks • 1 week ago

The U.S. still isn't well-equipped to answer the challenge ransomware poses, Chris Inglis said.

IRS used vape store receipts to gather evidence against alleged Ukrainian scammer

by Jeff Stone • 1 week ago

A number of innocuous messages proved valuable for U.S. investigators trying to slow an accused identity thief.

Russian cybercrime continues as government-backed attacks on companies dwindle, CrowdStrike says

by Tim Starks • 1 week ago

Russian government-backed groups have turned their attention elsewhere, while the local ransomware scene thrives.

Hacker, money launderer sentenced to prison for scamming tax preparers and COVID-19 relief programs

by Tim Starks • 2 weeks ago

The scheme, which included a money laundering operation, netted $280,000 from COVID-19 relief in one state alone.

Breach notification window, accountability are focus of coming fight on cyber legislation in Congress

by Tim Starks • 2 weeks ago

Industry groups favor a House bill over a stricter Senate proposal.

SEC fines brokerage firms over email hacks, customer data exposure

by Tim Starks • 2 weeks ago

Collectively, the companies will pay $750,000.

FBI warns that Hive ransomware hackers are calling victims by phone

by Jeff Stone • 3 weeks ago

Some apparent victims have a reported revenue of over a million dollars.

White House cyber summit with private sector nets impressive gains, but points to considerable work needed ahead

by Tim Starks • 3 weeks ago

"A couple folks have struggled with the idea that we're going to pat companies on the back for doing things they should already be doing," said one observer.

Poly Network fully recovers assets stolen in unusual $600M cryptocurrency hack

by Tonya Riley • 3 weeks ago

The company will now begin to restore all its services.

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