Category: cybercrime

US blames China for Exchange server hacks and ransomware attacks

The Biden administration and its allies has formally accused China of the mass-hacking of Microsoft Exchange servers earlier this year, which prompted the FBI to intervene as concerns rose that the hacks could lead to widespread destruction. The mass-hacking campaign targeted Microsoft Exchange email servers with four previously undiscovered vulnerabilities…

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This crowdsourced payments tracker wants to solve the ransomware visibility problem

Ransomware attacks, fueled by COVID-19 pandemic turbulence, have become a major money earner for cybercriminals, with the number of attacks rising in 2020. These file-encrypting attacks have continued largely unabated this year, too. In the last few months alone we’ve witnessed the attack on Colonial Pipeline that forced the company…

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Kaseya hack floods hundreds of companies with ransomware

On Friday, a flood of ransomware hit hundreds of companies around the world. A grocery store chain, a public broadcaster, schools, and a national railway system were all hit by the file-encrypting malware, causing disruption and forcing hundreds of businesses to close. The victims had something in common: a key…

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Cyber security training platform Immersive Labs closes $75M Series C led by Insight Partners

Immersive Labs, a platform which teaches cyber security skills corporate employees by using real, up-to-date threat intelligence in a “gamified” way, has closed a $75 million Series C funding round led by new investors Insight Partners alongside Menlo Ventures, Citi Ventures and existing investor Goldman Sachs Asset Management. The investment…

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For startups, trustworthy security means going above and beyond compliance standards

Oren Yunger Contributor Oren Yunger is an investor at GGV Capital, where he leads the cybersecurity vertical and drives investments in enterprise IT, data infrastructure, and developer tools. He was previously chief information security officer at a SaaS company and a public financial institution. More posts by this contributor Winning…

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Malware caught using a macOS zero-day to secretly take screenshots

Almost exactly a month ago, researchers revealed a notorious malware family was exploiting a never-before-seen vulnerability that let it bypass macOS security defenses and run unimpeded. Now, some of the same researchers say another malware can sneak onto macOS systems, thanks to another vulnerability. Jamf says it found evidence that the…

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