Aug 1 (Reuters) – An obscure cloud service company has been providing state-sponsored hackers with internet services to spy on and extort their victims, a cybersecurity firm said in a report to be published on Tuesday. Researchers at Texas-based Halcyon said a company called Cloudzy had been leasing server space and reselling it to no […]

Much of the malicious cyber activity we hear and read about in the news these days tends to be from actors who are focused on some form of personal gain. Whether it is ransomware gangs seeking profit or nation-state actors conducting espionage on government networks, we’ve grown accustomed to viewing malicious hackers in terms of […]

Australia’s newly minted cybersecurity coordinator is pleading with companies not to pay ransoms, saying doing so risks making the nation a rich target for cybercrime. As the federal government develops a new 2023-30 Cyber Security Strategy, Air Marshal Darren Goldie warns that rapidly evolving technology, including artificial intelligence, will create new challenges. In his first […]

WASHINGTON (AP) — The Biden administration and major consumer technology players on Tuesday launched an effort to put a nationwide cybersecurity certification and labeling program in place to help consumers choose smart devices that are less vulnerable to hacking. Officials likened the new U.S. Cyber Trust Mark initiative — to be overseen by the Federal […]

Hackers linked to China have accessed email accounts of Western government agencies and organisations in a cyberespionage campaign, Microsoft has said. White House National Security Advisor Jake Sullivan appeared to confirm the allegations on Wednesday, saying that the United States had detected a breach of federal government accounts “fairly rapidly” and is investigating the matter. […]

In 2021, venture funding in the red-hot cybersecurity market topped $23 billion. Two years later, it seems like a security startup will be lucky to raise just one-third of that. Venture funding for cybersecurity dropped to just slightly more than $1.6 billion in the just completed second quarter — a 63% drop from the same […]

A Chinese nation-state group has been observed targeting Foreign Affairs ministries and embassies in Europe using HTML smuggling techniques to deliver the PlugX remote access trojan on compromised systems. Cybersecurity firm Check Point said the activity, dubbed SmugX, has been ongoing since at least December 2022, adding it’s part of a broader trend of Chinese […]

The federal government agency charged with protecting critical infrastructure and guarding against cybersecurity threats is accused of “exceeding its statutory authority” in its post-2016-election efforts to monitor domestic social media for evidence of misinformation, disinformation and malinformation, according to a House Republican-led committee’s interim report. The House Judiciary Committee and Subcommittee on Weaponization of the […]

Europol on Tuesday announced that the takedown of EncroChat in July 2020 led to 6,558 arrests worldwide and the seizure of €900 million in illicit criminal proceeds. The law enforcement agency said that a subsequent joint investigation initiated by French and Dutch authorities intercepted and analyzed over 115 million conversations that took place over the encrypted messaging platform between […]