Ahead Of U.S. Election, Email Attack Mimics Democratic Pitches For Volunteers – Expert Reaction

Cybercriminals sent tens of thousands of malicious email attacks yesterday asking recipients to volunteer for the Democratic Party ahead of the November U.S. election, according to cybersecurity researchers at Proofpoint. The emails borrow language from the website of the Democratic National Committee and seek to leverage interest in the U.S. presidential election following the first televised […]

Comment: US Dept Of Treasury Warns Ransomware Victims Who Pay Could Be Fined

It has been reported that the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing this advisory to highlight the sanctions risks associated with ransomware payments related to malicious cyber-enabled activities. Demand for ransomware payments has increased during the COVID-19 pandemic as cyber actors target online systems that U.S. persons rely on to […]

Comment: 73% Of Security Professionals And Developers Sacrifice Security For Speed

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A couple of days ago, WhiteSource released its DevSecOps Insights Report, which was aimed at better understanding the level of DevSecOps maturity inside organisations. 20% of respondents described their organisations’ DevSecOps practices as “mature”, while 62% said they are improving practices and 18% as “immature”. Additional key insights from the report included: In order to meet short deployment cycles, 73% […]

Expert On News: Treasury Warns Against Keeping Ransomware Payments Quiet

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Victims of ransomware schemes and financial institutions could violate sanctions or anti-money-laundering rules—and face stiff penalties—if they facilitate or make payments to attackers, the U.S. Treasury Department said in a pair of advisories Thursday. The notices, issued by units of Treasury’s Office of Terrorism and Financial Intelligence, warned victims and businesses that assist them to […]

U.S. Treasury Warns Cyber Insurers Payments To Hackers May Violate Sanctions

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As reported by Reuters, cyber insurers and other financial institutions that facilitate payments to hackers to end cyberattacks risk running afoul of sanctions rules, the U.S. Treasury Department warned on Thursday. The warnings, which referenced malicious programs known as ransomware, came in advisories from Treasury’s Office of Foreign Assets Control (OFAC)and Financial Crimes Enforcement Network (FinCEN).