A large scale ransomware attack today is spreading rapidly worldwide, shutting down computers at corporates, power supplies, and banks across Russia, Ukraine, Spain, France, UK, India, and Europe and demanding $300 in bitcoins.
Various sources including South Korea's news agency Yonhap are reporting that a hacker group has threatened to launch a DDoS attack against seven South Korean banks unless they pay about 360 million won (US$315,000) in bitcoin.
According to a report from The Washington Post, the NSA has linked the North Korean government to the creation of the WannaCry ransomeware that resulted in affecting over 300,000 people in almost 150 countries last month.
The Canadian Internet Registration Authority (CIRA) has announced the launch of a security service called D-Zone DNS Firewall -- a cloud-based cybersecurity solution -- to protect Canadian organizations from rasomware and malware.
Bell Canada, nation’s largest telecommunications company, disclosed late on Monday the illegal access of Bell customer information by an anonymous hacker.
Security researchers are reporting a massive attack today, dubbed "WannaCry", which has reached 45,000 attacks in 74 countries around the world so far, mostly in Russia.
Leading French presidential candidate Emmanuel Macron's campaign confirmed on Friday a "massive" computer hack that dumped its campaign emails online less than two days before the election.
Pawn Storm, also known as Sednit, Fancy Bear, APT28, Sofacy, and STRONTIUM, is a cyber espionage organization operating for over a decade which has been particularly aggressive in the past few years.
A 32-year-old Russia man was sentenced on Friday to 27 years in prison for computer hacking crimes that is reported to have caused over $169 million in damages to small businesses and financial institutions.
The UK government has released the results of national cybersecurity survey revealing nearly seven in ten large companies in the country have identified a breach or attack in the past 12 months.
A study conducted by PhD candidates at the Stony Brook University resulted in identifying malvertising as a major culprit for exposing users to technical support scams which allowed them to build an automated system capable of discovering, on a weekly basis, hundreds of phone numbers and domains operated by scammers.
U.S. Internal Revenue Service Commissioner (IRS) testified before the Senate Finance Committee stating the agency has discovered fraudsters could use someone's personal data to fill out a financial aid application, and the "Data Retrieval Tool" would populate the application with tax information.
Under a draft legislation approved by the Internal Market and Consumer Protection Committee on Tuesday, national enforcement authorities would be required to have a set of powers to detect and halt online breaches of consumers' rights across the European Union.
In early February, free hosting provider Freedom Hosting II, known as one of the largest hosting providers for anonymous websites, was compromised along with all the websites it hosted. The takedown was estimated to have impacted 15-20% of all websites on the Dark Web, however, the actual impact is now reported to have been much larger.
Major financial firms operating in New York will face stiff cybersecurity obligations starting Wednesday under a new regulation introduced in the city.