Expert Insight On StrRAT Malware Disguised As Ransomware
A massive phishing campaign is distributing what looks like ransomware but is in fact trojan malware that creates a backdoor into Windows systems to steal usernames, passwords and other information from victims. Detailed by cybersecurity researchers at Microsoft, the latest version of the Java-based STRRAT malware is being sent out via a large email campaign, which uses compromised email accounts to […]
The Central Bank Digital Currency Is Now A Reality: Payment Card Security Needs To Catch Up
The idea of a Central Bank Digital Currency (CBDC) – a blockchain-based digital currency issued by a central bank – is now a reality, with the launch of the Sand Dollar in the Bahamas, the first fully-deployed digital version of a country’s fiat currency. Taking this to an entirely new scale, the launch of a […]
Expert Advice on New FCA Rule to Implement Strong Customer Authentication
The FCA has extended the deadline for the implementation of strong customer authentication (SCA) for online purchases by a further six months. “Previously merchants had until 14 September 2021 to ensure that all ecommerce transactions in the UK were compliant with the SCA customer identity verification regulation, but this deadline has now been put back until 14 March […]
VMware Discloses Severe Vulnerabilities That Need ‘Immediate Attention’
In a rare move, VMware published a blog post calling out ransomware groups as being adept at leveraging flaws like this post-compromise after having gained access to a network via other means such as spearphishing.
Russian Hydra DarkNet Market Made Over $1.3 Billion in 2020
Russian-language dark web marketplace Hydra has pulled in a huge $1.37 billion worth of cryptocurrencies in 2020, up from $9.4 million in 2016. The growth in annual transaction volumes marks a staggering 624% year-over-year jump over a three-year period from 2018 to 2020.
Experts Reaction On News: GCHQ Breached Citizen Privacy
BACKGROUND: It has been reported that the UK Government Communications Headquarters (GCHQ) used bulk interception to unlawfully breach citizens’ privacy and free expression rights, Europe’s highest human rights court has ruled. The ruling is the culmination of three lawsuits that had accused the GCHQ’s bulk interception regime of being incompatible with the right for people […]
