US moves closer to retaliation over hacking as cyber woes grow

US moves closer to retaliation over hacking as cyber woes grow

Credit: CC0 Public Domain A senior US official said Friday the Biden administration is close to a decision on retaliation for state-sponsored hacking as fears grew over the fallout from the latest of two major cyberattacks. The official said the White House was working closely with the private sector to ramp up cyber defenses following…

Ransom-seeking hackers exploit Microsoft security loophole

Ransom-seeking hackers exploit Microsoft security loophole

WASHINGTON: Ransom-seeking hackers have begun taking advantage of a recently disclosed flaw in Microsoft’s widely used mail server software, a researcher said late Wednesday — a serious escalation that could portend widespread digital disruption. The disclosure, made on Twitter by Microsoft Corp security program manager Phillip Misner, is the realisation of worries that have been…

Microsoft and Google openly feuding amid hacks, competition inquiries, IT News, ET CIO

Microsoft and Google openly feuding amid hacks, competition inquiries, IT News, ET CIO

WASHINGTON: Google and Microsoft are at knives drawn. Driven in part by pressure from lawmakers and regulators over the extraordinary power the two technology companies wield over American life, the California-based search engine giant and Washington-based software firm are wrestling to throw each other under the bus. Tensions between Microsoft Corp and Alphabet-owned Google have…

Beer Brewer Molson Coors Reports Ongoing Cyber Incident

Beer Brewer Molson Coors Reports Ongoing Cyber Incident

Breach Notification , Cybercrime , Fraud Management & Cybercrime Multiple Systems Impacted, Including Production and Shipping Capabilities Doug Olenick (DougOlenick) • March 11, 2021     The Molson Coors Beverage Co. reported Thursday it’s in the process of responding to an ongoing cybersecurity incident that has caused system outages throughout the brewer’s manufacturing process. See…

New Attack Uses Fake Icon To Deliver Trojan

New Attack Uses Fake Icon To Deliver Trojan

Cybercrime , Fraud Management & Cybercrime , Malware as-a-Service Attackers Deploy NanoCore Malware as Part of the Campaign Akshaya Asokan (asokan_akshaya) • March 13, 2021     Email sample containing a .zipx attachment. Source: Trustwave A new malspam campaign is delivering the NanoCore remote access Trojan as a malicious Adobe icon to infect its victims,…

Datto acquires BitDam for SMB MSP cyber threat protection – Security

Datto acquires BitDam for SMB MSP cyber threat protection – Security

MSP-focused technology developer Datto Wednesday said it has acquired BitDam, an Israeli developer of cyber threat detection. Tel Aviv, Israel-based BitDam is the developer of the Advanced Threat Protection, or ATP, technology the company claims offers comprehensive defense against malware, … Hi! You’ve reached one of our premium articles available exclusively to subscribers. It’s our…

Verkada’s Camera Debacle Traces to Publicly Exposed Server

Verkada’s Camera Debacle Traces to Publicly Exposed Server

Endpoint Security , Governance & Risk Management , Internet of Things Security ‘Arson Cat’ Hacker Tillie Kottmann Says She’s Not Worried About Law Enforcement Jeremy Kirk (jeremy_kirk) • March 12, 2021     Photo: Verkada Tales of unsecure IoT cameras come along with regularity. But it’s going to be tough to top the system-wide failure…

Norwalk’s Datto acquires Israeli cybersecurity firm

Norwalk’s Datto acquires Israeli cybersecurity firm

Datto Holding Corp. has acquired BitDam Ltd., an Israeli cyberthreat detection company. The financial terms of the acquisition were not disclosed. Weller BitDam’s cyberdefense platform secures collaboration tools, including M365 and Google Workspace, from ransomware, malware and phishing, by proactively defending against cybersecurity breaches within a user’s inbox, chat or cloud drive. “This acquisition marks…

Cowbell Cyber raises $20mn in Series A funding round

Cowbell Cyber raises $20mn in Series A funding round

AI-powered cyber insurer Cowbell has closed a $20 Million Series A funding round as it looks to scale its offering for continuous underwriting and closed-loop risk management. Cowbell Cyber’s closed-loop approach to cyber risk bundles cybersecurity awareness training, continuous risk assessment, and pre and post-breach risk improvement services. Brewer Lane Ventures led the investment with…

GAO: CISA Has Many Unfinished Tasks

GAO: CISA Has Many Unfinished Tasks

Critical Infrastructure Security , Governance & Risk Management , Government Audit Stresses Need for Better Communication With Companies Scott Ferguson (Ferguson_Writes) • March 12, 2021     Although the Cybersecurity and Infrastructure Security Agency has made significant strides since it was established in 2018, it still has important work to do to fulfill its cybersecurity…