Microsoft Could Reap Over $150 Million in New US Cybersecurity Spending Despite Recent Hacks

Microsoft Could Reap Over $150 Million in New US Cybersecurity Spending Despite Recent Hacks

Microsoft stands to receive nearly a quarter of Covid relief funds destined for US cybersecurity defenders, sources told Reuters, angering some lawmakers who don’t want to increase funding for a company whose software was recently at the heart of two big hacks. Congress allocated the funds at issue in the COVID relief bill signed on…

ZHtrap botnet deploys honeypots to trap&steal bots from rivals

ZHtrap botnet deploys honeypots to trap&steal bots from rivals

Security researchers discovered last week a new IoT botnet that deploys honeypots to capture attacks from rival botnets and then uses that information to hijack its rivals’ infrastructure. Named ZHtrap, this new botnet was built on an improved version of the infamous Mirai IoT malware. Discovered by the Netlab network security division at Qihoo 360, the…

Rising Demand for DDoS Protection Software Market By 2020-2028

Rising Demand for DDoS Protection Software Market By 2020-2028

Rising Demand for DDoS Protection Software Market By 2020-2028 | IT Security News 15. March 2021 Distributed Denial of Service (DDoS) attack is a malicious form of attack that disrupts the regular network traffic by overwhelming the website with more traffic than the server can handle. The main aim of this kind of cyberattack is…

Molson Coors Production Stopped Following a Cyberattack

Molson Coors Production Stopped Following a Cyberattack

A cyber attack took place at Molson Coors breweries based in Milwaukee. It looks like the hack was crippling, leaving the brewery unable to produce beer at this time. Molson Coors has a huge portfolio of beer brands, including the well-known Coors and Miller brands, but also Molson Canadian, Blue Moon, Peroni, Grolsch, Killian’s, and…

Britain must boost cyber-attack capacity, PM Johnson says – EURACTIV.com

Britain must boost cyber-attack capacity, PM Johnson says – EURACTIV.com

Britain needs to boost its capacity to conduct cyber attacks on foreign enemies, Prime Minister Boris Johnson said before the publication of a national security review this coming week. “Cyber power is revolutionising the way we live our lives and fight our wars, just as air power did 100 years ago,” Johnson said in a…

DearCry Ransomware is Targeting Microsoft Exchange Servers

DearCry Ransomware is Targeting Microsoft Exchange Servers

After Microsoft warned its customers against a Chinese nation-state cyberattack that is targeting the tech giant’s “Exchange Server” software, ransomware gangs have started to target vulnerable instances. Microsoft has confirmed that a new strain of ransomware is targeting vulnerable on-premise Microsoft Exchange Servers through ProxyLogon vulnerabilities as cybercriminal groups focus on those who haven’t (or…

Ransomware now attacks Microsoft Exchange servers with ProxyLogon exploits

Ransomware now attacks Microsoft Exchange servers with ProxyLogon exploits

Threat actors are now installing a new ransomware called ‘DEARCRY’ after hacking into Microsoft Exchange servers using the recently disclosed ProxyLogon vulnerabilities. Since Microsoft revealed earlier this month that threat actors were compromising Microsoft Exchange servers using new zero-day ProxyLogon vulnerabilities, a significant concern has been when threat actors would use it to deploy ransomware….