Earlier this month, the US Treasury Department’s Office of Foreign Assets Control (OFAC) warned organizations making ransomware payments that they risk violating economic sanctions imposed by the government against cybercriminal groups or state-sponsored hackers. The advisory has the potential to disrupt the ransomware monetization model, but also puts victims, their insurers and incident response providers […]
Posts Tagged ‘cybercriminal’
An insurance company recently reported a successful scam against one of its clients that was a new and improved version of CEO fraud. A British CEO was tricked into transferring $240,000 to a fraudster. The trick used the technique known as a deepfake to make the CEO believe he was dealing with a legitimate person. […]
Category Cyber-crimeIdentity theft
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“As organizations encrypt more traffic and machine identity usage skyrockets, so do the number of opportunities for cybercriminals,” said Nick Hunter, senior technical manager for Venafi. “Any type of encrypted tunnel can be exploited in a cyber attack, and most organizations manage hundreds of thousands of keys and certificates each day. This use will only […]
Category HackerVulnerabilities
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