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"As Online Fraud Rises, 72% of Retail Brands Expect to Grow Fraud Teams"Researchers during a new study discovered that retailers around the world are increasing their fraud teams and budgets because of a significant rise in all types of online fraud during the pandemic. Most (72%) of retail brands worldwide expect to…
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"A New Stanford Initiative Aims to Ensure 5G Networks Are Reliable and Secure"A team of researchers at the Stanford University School of Engineering will demonstrate how an arrangement of computer-controlled drones can be managed with precision even if the 5G network that controls it is being hit with a cyberattack. The success or…
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"CMMC Under Internal Review at DoD for 'Potential Improvements'"The Pentagon is conducting an internal review of the Cybersecurity Maturity Model Certification (CMMC) program to explore potential improvements for the program's implementation. The goal of the Department of Defense's (DoD) CMMC program is to ensure…
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"Financial Sector Remains Most Targeted by Threat Actors: IBM"IBM Security researchers in a new study discovered that organizations in the financial and insurance sectors were the most targeted by threat actors in 2020. Manufacturing and energy became the second and third most targeted industries last year…
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"How Does Science Work?"Professor Dashun Wang, an award-winning scientist at the Kellogg School of Management, has published a new book on the "science of science," an interdisciplinary field in which big data and innovative research methods are used to gain insight into the…
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Large Florida School District Hit by Ransomware AttackA criminal gang hacked Broward County Public Schools' computer system, which is one of the nation's largest school districts, and encrypted district data. The cyber gang behind the attack is called Conti, and they demanded $40 million in ransom, or they…
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"Smart Factory Cyber Attacks Knock Out Production for Days"Trend Micro commissioned independent research specialist Vanson Bourne to survey 500 IT and OT professionals in the United States, Germany, and Japan. The survey revealed that over 60 percent of manufacturers have faced a cybersecurity incident in their…
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"Gaming Mods, Cheat Engines Are Spreading Trojan Malware and Planting Backdoors"New research from the security firm Cisco Talos sheds light on a malware campaign targeting the systems of gamers and modders. The campaign involves malvertising and game modding-focused YouTube videos that lead users to malicious websites or…
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"Ragnarok Ransomware Hits Boggi Milano Menswear"Luxury Italian men’s clothing line Boggi Milano has confirmed what they have suffered a ransomware attack. Boggi Milano is based in Italy and has 190 stores in 38-plus countries. Ragnarok was the ransomware gang behind the attack and was able…
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"Cybercriminals Make Twitter a Playing Field to Target Indonesian Banks"The global threat hunting company Group-IB recently released a cyber intelligence report that shares findings regarding an ongoing Twitter-based fraud campaign targeting Indonesia's largest banks. The cybercriminals behind this campaign are masquerading…
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"Malicious Docker Cryptomining Images Rack Up 20M Downloads"Researchers at Palo Alto Networks' Unit 43 have discovered at least 30 malicious images in Docker Hub, with a collective 20 million downloads. The images have been used to spread cryptomining malware. According to the researchers, the…
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"Tax Refund Phishing Scam Targets University Students and Staffers"The Internal Revenue Service (IRS) has issued an alert about an ongoing IRS-impersonation phishing scam that primarily targets university students and employees. The IRS has received complaints about the scam over the past few weeks from people with…
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