$5.2 billion worth of Bitcoin transactions possibly tied to ransomware

Threat actors are increasingly using advanced tactics to obfuscate and launder their illicit gains, a report by the US Government finds. As much as US$5.2 billion worth of outgoing Bitcoin transactions may be tied to ransomware payouts involving the top 10 most common ransomware variants alone, according to a report by the Financial Crimes Enforcement Network (FinCEN) … More $5.2 billion worth of Bitcoin transactions possibly tied to ransomware

Virus Bulletin: Old malware never dies – it just gets more targeted

Putting a precision payload on top of more generic malware makes perfect sense for malware operators. Virus Bulletin this year brought a fresh batch of amped-up, refreshed malware with lots more horsepower and devilish amounts of custom-tailored targeting. From singled-out political activist individual targets to regionalized targets, malware’s aim is getting better. Putting a precision … More Virus Bulletin: Old malware never dies – it just gets more targeted

Employee offboarding: Why companies must close a crucial gap in their security strategy

There are various ways a departing employee could put your organization at risk of a data breach. How do you offboard employees the right way and ensure your data remains safe? The COVID-19 pandemic has created the perfect conditions for insider risk. Financial crises have in the past led to a spike in fraud and nefarious activity, and … More Employee offboarding: Why companies must close a crucial gap in their security strategy

Microsoft thwarts record‑breaking DDoS attack

The attack, which clocked in at 2.4 Tbps, targeted one of Azure customers based in Europe. Microsoft has revealed that it thwarted a Distributed Denial-of-Service (DDoS) attack that clocked in at a whopping 2.4 terabytes per second (Tbps). The onslaught, which targeted an Azure customer in Europe, surpasses the previous record holder – a 2.3 Tbps … More Microsoft thwarts record‑breaking DDoS attack