13 Dec 2019

VISA Warns of Ongoing Cyber Attacks on Gas Pump PoS Systems

VISA recently published a security alert addressing the ongoing threat of attacks on North American fuel dispenser merchants by coordinated cybercrime groups. According to the Visa Payment Fraud Disruption, three attacks on fuel dispenser merchants were observed over the summer of 2019, each with the end goal of scraping credit

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13 Dec 2019

Targeted Attacks Deliver New “Anchor” Malware to High-Profile Companies

A campaign that started in October is being used to deliver financial malware against entities in the manufacturing and retail sectors. Researchers at the Cybereason Nocturnus group have been following the new campaign closely, determining that it commences with a phishing attack to deliver TrickBot and ultimately delivers a relatively

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12 Dec 2019

Analysts find connection between North Korean military and crimeware organization TrickBot

Analysts at SentinelLabs claim to have found some of the first evidence that links the crimeware organization TrickBot and Lazarus group. Lazarus group is the cyberwarfare division of the North Korean military’s Reconnaissance General Bureau. TrickBot debuted as a banking malware in the fall of 2016 and has since evolved

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12 Dec 2019

Hackers allegedly emptied brokerage accounts with a simple email scam — here’s how to protect yourself

In November, prosecutors in New York stated that a Lithuanian man named Vytautas Parfionovas and an unknown co-conspirator emptied the brokerage accounts of several victims, ultimately stealing hundreds of thousands of dollars. The cybercrimes occurred over eight years, starting in 2011, and consisted of the two perpetrators tricking day traders

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12 Dec 2019

How Commercial Bug Hunting Changed the Boutique Security Consultancy Landscape

It’s been almost 10 years since the first commercial for-profit bug bounty program was launched. Bug bounty programs have transformed the information security sector, and its negative impacts have been advertised as driving down companies’ consulting rates and raising ethics questions within the cybersecurity community. However, boutique security consultancies, particularly

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12 Dec 2019

How Congress wants to help sync military cyber

New cyber positions within the US military could be created in 2020 as a result of the government’s annual defense policy bill, depending on the approval of President Donald Trump. The positions include a senior military advisory for cyber policy, which requires candidates to be at least a two-star general.

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12 Dec 2019

The Great $50M African IP Address Heist

A three-year investigation conducted by a US-based researcher named Ron Guilmette found that a top executive at the nonprofit entity responsible for administering Internet addresses to businesses in Africa secretly operated several underground companies that sold tens of millions of dollars worth of the resources to online marketers. News of

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11 Dec 2019

Snatch Team Steals Data and Hammers Orgs with Ransomware

Snatch, a ransomware variant, has been discovered in campaigns that force Windows machines to reboot into Safe Mode before beginning the encryption process. Snatch is one of multiple components of a malware constellation that is emerging in carefully orchestrated and sophisticated attacks that can feature rampant and high-risk data collection.

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11 Dec 2019

Amazon Leases New Manhattan Office Space, Less Than a Year After HQ2 Pullout

Amazon and Facebook are planning to expand into new office spaces in New York City, with the goal of fueling an expansion of tech companies in Manhattan just a year after Amazon denounced its plans to build its second headquarters in the city. Amazon has signed a new lease for

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11 Dec 2019

Server market revenue declines 6.7% year over year

Research has concluded that vendor revenue in the worldwide server market has declined 6.7% in Q3 of 2019 when compared to Q3 of 2018. Worldwide server shipments declined as well, to just under 3.1 million units in Q3 of 2019. However, Q3 represented the second-biggest quarter for global server unit

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