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The Good | Co-Founder of Criminal Crypto Exchange Pleads Guilty to Money-Laundering Schemes Anatoly Legkodymov (aka “Gandalf” or “Tolik”), co-founder of the Bitzlato cryptocurrency exchange, has pleaded guilty to his role in aiding ransomware gangs and other cybercriminals in laundering over $700 million. Legkodymov has agreed to disband Bitzlato and forfeit his claim to approximately …

The Good, the Bad and the Ugly in Cybersecurity – Week 49 Read More »

Ransomware’s transformation from a targeted cybercrime to a significant threat to national security has increasingly drawn attention at international forums like the Counter Ransomware Initiative (CRI) Summit. The 2023 Summit, which brought together representatives from 50 countries, signifies a growing, yet cautious, acknowledgment of the need for collaborative strategies in tackling this complex issue. In …

The 2023 Counter Ransomware Initiative Summit | Stepping Up Global Collaboration in Cybersecurity Read More »

Last week’s AWS re:Invent 2023, held in Las Vegas, was a milestone event showcasing the latest innovations in cloud security. This year, the focus was on the transformative role of Generative AI in cloud computing, a theme that resonated throughout the conference’s keynotes, breakout sessions, and hands-on labs. In this post, we unpack the essential …

AWS re:Invent 2023 Highlights | Showcasing the Latest Advances in Cloud Security and Innovation Read More »

The Good | Ukrainian Ransomware Gang Busted By Cyber Cops A ransomware gang operating out of Kyiv, Ukraine has been taken down by European police, it was announced this week. It is estimated the gang had attacked more than 250 servers across 71 countries during its active lifetime and caused losses of several hundred million …

The Good, the Bad and the Ugly in Cybersecurity – Week 48 Read More »

Earlier this week, CISA released an advisory warning of active exploitation of Programmable Logic Controllers (PLCs) used in Water and Wastewater treatment plants following intrusions into two U.S. critical infrastructure installations. The advisory and attacks come in the wake of increased public threats made by the Iran-backed Cyber Av3ngers “hacktivist” group to target industries using …

Iran-Backed Cyber Av3ngers Escalates Campaigns Against U.S. Critical Infrastructure Read More »

A little over a year ago, we described how ransomware operators had evolved their tactics from simple file locking to more sophisticated forms of extortion in Ransoms Without Ransomware, Data Corruption and Other New Tactics in Cyber Extortion. Since then, cybercrime actors have not stood still, and we are currently seeing the emergence of a …

Leveraging the Law, Exposing Incriminating Data and Other New Tactics in Cyber Extortion Read More »

How cloud networking powers the IoT revolution in manufacturing Read the full post.

North Korean-aligned threat actors targeting macOS have had a busy 2023, with two major campaigns noted so far: RustBucket and KandyKorn. The initial RustBucket campaign used a second-stage malware, dubbed ‘SwiftLoader’, which functioned externally as a PDF Viewer for a lure document sent to targets. While victims viewed the lure, SwiftLoader retrieved and executed a …

DPRK Crypto Theft | macOS RustBucket Droppers Pivot to Deliver KandyKorn Payloads Read More »

The Good | FTC Launches Series of Proactive Steps to Bolster U.S. Cybersecurity Efforts Responding to an ever-evolving cyber threat landscape, the Federal Trade Commission (FTC) has unveiled two security initiatives, consolidating efforts to strengthen cyber defense measures and protect U.S. consumers. Most recently, the FTC’s proactive stance extended into the realm of artificial intelligence …

The Good, the Bad and the Ugly in Cybersecurity – Week 47 Read More »

Cloud networking solutions to scale, secure, and simplify your retail operations Read the full post.