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The Week in Ransomware – October 1st 2021 – “This was preventable”

This week comes with reports of a hospital ransomware attack that led to the death of a baby and new efforts by governments worldwide to combat ransomware. […]

01 Oct

US unites 30 countries to disrupt global ransomware attacks

U.S. President Joe Biden said today announced today that the U.S. has brought together 30 countries to jointly crackdown on ransomware gangs behind a barrage of attacks impacting organizations worldwide. […]

01 Oct

FCC orders phone carriers to enforce unlawful robocall blocking

The Federal Communications Commission (FCC) announced earlier this week that phone companies are now required to filter calls from providers who haven’t complied with a deadline to block illegal robocalls that expired on September 28th. […]

01 Oct

Crypto platform mistakenly gives $90M to users, asks for refund

In a major blunder, cryptocurrency platform Compound accidentally paid out $90 million among its users. Shortly after the mistake, the platform’s founder began asking users to return the money—or else they would be reported to IRS, and possibly doxxed, threatened the founder. […]

01 Oct

MoneyLion locks customer accounts after credential stuffing attacks

The banking and investing platform MoneyLion had to lock customer accounts that were breached in credential stuffing attacks over the summer, in June and July. […]

01 Oct

Neiman Marcus sends notices of breach to 4.3 million customers

Neiman Marcus, the Texas-based luxury department stores chain, is sending notices of a data breach to roughly 4.3 million customers. […]

01 Oct

The FCC proposes rules to fight SIM swap and port-out fraud

The Federal Communications Commission in the U.S. this week announced that it started to work on rules that would pull the brake on SIM swapping attacks. […]

01 Oct

Hackers rob thousands of Coinbase customers using MFA flaw

Crypto exchange Coinbase disclosed that a threat actor stole cryptocurrency from 6,000 customers after using a vulnerability to bypass the company’s SMS multi-factor authentication security feature. […]

01 Oct

Flubot Android malware now spreads via fake security updates

The Flubot malware has switched to a new and likely more effective lure to compromise Android devices, now trying to trick its victims into infecting themselves with the help of fake security updates warning them of Flubot infections. […]

01 Oct

Hydra malware targets customers of Germany’s second largest bank

The Hydra banking trojan is back to targeting European e-banking platform users, and more specifically, customers of Commerzbank, Germany’s second-largest financial institution. […]

Tag: security

The Week in Ransomware – October 1st 2021 – “This was preventable”

US unites 30 countries to disrupt global ransomware attacks

FCC orders phone carriers to enforce unlawful robocall blocking

Crypto platform mistakenly gives $90M to users, asks for refund

MoneyLion locks customer accounts after credential stuffing attacks

Neiman Marcus sends notices of breach to 4.3 million customers

The FCC proposes rules to fight SIM swap and port-out fraud

Hackers rob thousands of Coinbase customers using MFA flaw

Flubot Android malware now spreads via fake security updates

Hydra malware targets customers of Germany’s second largest bank