News

Buy the hype, sell the, wait, what do we do now?!

The SEC today said its Twitter account was hijacked to wrongly claim it had approved hotly anticipated Bitcoin ETFs, causing the cryptocurrency to spike and then slip in price.…

Petty officer Wenheng Zhao admitted to taking as many as 14 payoffs in return for non-public military information

A US Naval sailor will face more than two years behind bars after pleading guilty to taking bribes from Chinese spies in exchange for sensitive military information.…

Experts' job made 'straightforward' by crooks failing to update encryption schema after three years

Security researchers have put out an updated decryptor for the Babuk ransomware family, providing a free solution for victims of the Tortilla variant.…

Issue has been patched so be sure to check your implementations

SonicWall says it has observed thousands of daily attempts to exploit an Apache OFBiz zero-day for nearly a fortnight.…

Authors continue to lose out on owed payments as rebuild of digital services drags on

The British Library is denying reports suggesting the recovery costs for its 2023 ransomware attack may reach highs of nearly $9 million as work to restore services remains ongoing.…

Also: Twitter hijackings, BEC arrest, and critical vulnerabilities

Infosec in brief  We gather everyone's still easing themselves into the New Year. Deleting screens of unread emails, putting on a brave face in meetings, and slowly getting up to speed. While you're recovering from the Christmas break, Meta has been busy introducing fresh ways to monetize your web surfing habits while dressing it up as a user experience improvement.…

Won't stop the chaos, may lead to attacks with more dire consequences

Opinion  A general ban on ransomware payments, as was floated by some this week, sounds like a good idea. Eliminate extortion as a source of criminal income, and the attacks are undoubtedly going to drop. …

Remember the good old days when ransomware crooks vowed not to infect medical centers?

Extortionists are now threatening to swat hospital patients — calling in bomb threats or other bogus reports to the police so heavily armed cops show up at victims' homes — if the medical centers don't pay the crooks' ransom demands.…