LockFile Ransomware Using New Techniques to Evade Detection

LockFile Ransomware Using New Techniques to Evade Detection

Fraud Management & Cybercrime , Next-Generation Technologies & Secure Development , Ransomware Sophos: Methods Include ‘Intermittent Encryption’ Rashmi Ramesh • September 2, 2021     Visual comparison of the same text document encrypted by DarkSide and LockFile (Source: Sophos) The operators of LockFile ransomware have adopted new techniques, including “intermittent encryption,” to help evade detection,…

125,000 Coinbase Users Get False Security Alerts

125,000 Coinbase Users Get False Security Alerts

Cryptocurrency Fraud , Fraud Management & Cybercrime , Multi-factor & Risk-based Authentication Cryptocurrency Exchange Offering Some Affected Users $100 Worth of Bitcoin Dan Gunderman (dangun127) • September 2, 2021     (Photo: Hubert Lamela via Flickr) Cryptocurrency exchange Coinbase faces potential user trust challenges after a system error led it to send out false automated…

FTC bans spyware app SpyFone, orders it to delete illegally harvested data

FTC bans spyware app SpyFone, orders it to delete illegally harvested data

On Wednesday, the Federal Trade Commission announced it had banned spyware maker SpyFone and its CEO Scott Zuckerman from the surveillance business. The commission called SpyFone a “stalkerware app company” that allegedly harvested and shared data about people’s movements, phone use, and online activity via a hidden device hack. “The company’s apps sold real-time access…

Sacked Employee Deletes 21GB of Credit Union Files

Sacked Employee Deletes 21GB of Credit Union Files

A former credit union employee is facing a decade behind bars after pleading guilty to destroying large amounts of corporate data in revenge for being fired. Juliana Barile, 35, of Brooklyn, submitted the plea at a federal court in Brooklyn on Tuesday, admitting to one count of computer intrusion arising from her “unauthorized intrusion into,…

Singapore Government Launches New Bug Bounty Program

Singapore Government Launches New Bug Bounty Program

The Singapore Government Technology Agency (GovTech) on Tuesday introduced a new Vulnerability Rewards Programme (VRP) on HackerOne that offers bug bounty rewards of up to $150,000. GovTech already runs a Government Bug Bounty Programme (GBBP) and a Vulnerability Disclosure Programme (VDP), but aims to further expand its cybersecurity capabilities to better protect the Government’s Infocomm…

Federal Departments Ordered to Improve Logging Capabilities

Federal Departments Ordered to Improve Logging Capabilities

Governance & Risk Management , Government , Incident & Breach Response OMB Memo Describes Steps Agencies Must Take to Report Cyber Incidents Scott Ferguson (Ferguson_Writes) • August 31, 2021     Acting OMB Director Shalanda Young (Photo: U.S. Senate Banking Committee) The White House is ordering U.S. agencies to improve their logging capabilities to better…