Security news

• Sophisticated Russian BEC Group Targets Multinationals

  07-07-2020 21:40
  Sophisticated Russian BEC Group Targets MultinationalsSecurity company Agari has unearthed a massive Russian business email compromise (BEC) operation that it says has been operating under the radar for at least a year. The group, nicknamed Cosmic Lynx, targets large multinational companies, the security researchers said.Detailing the group's activities in a report this week, Agari said that it had been involved in over 200 BEC campaigns since July 2019. It believes that Cosmic Lynx has tar
  
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• Microsoft Research Develops Invisible Cloud Malware Scanner

  07-07-2020 20:39
  Microsoft Research Develops Invisible Cloud Malware ScannerIt's all very well having thousands of virtual machines running in the cloud, but how do you scan them for malware? Microsoft Research has developed a system called Project Freta to do just that. It has launched the project as a prototype for public use.Virtual machines (VMs) are software versions of computers that run in a cloud environment. They replicate an entire PC running an operating system like Linux or Windows, and many of them
  
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• Researchers Use AI to Spot Drone Pilots

  07-07-2020 19:30
  Researchers Use AI to Spot Drone PilotsLaw enforcement and military personnel might finally have a way to track malicious drones and prevent millions of dollars in damage thanks to new artificial intelligence research. Academics at Israel's Ben-Gurion University of the Negev have developed a way to locate the operator of a drone by looking at how the airborne vehicle moves.Locating the pilots of malicious drones is a pressing issue. In December 2018, Gatwick Airport had to close its runways to a
  
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• Manufacturing Sector Paid Out 62% of Total Ransomware Payments in 2019

  07-07-2020 16:10
  Manufacturing Sector Paid Out 62% of Total Ransomware Payments in 2019The manufacturing industry spent more than any other sector last year on ransomware payments, paying out $6.9m, according to a new study by Kivu Consulting. This represents 62% of the total $11m+ of ransoms transferred to cyber-criminals throughout 2019, despite manufacturing only making up 18% of all paid ransom cases.Over two-thirds (67%) of paid ransomware attacks against organizations from this industry were conducted via
  
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• France to Buy E-2D Advanced Hawkeye Aircraft, Spares and Support Equipment

  07-07-2020 14:30 via defencetalk.com
  
  DefenceTalkDefenceTalkThe State Department has made a determination approving a possible Foreign Military Sale to the Government of France of three (3) E-2D Advanced Hawkeye Aircraft and related...
  
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• US ‘looking at’ banning TikTok and other Chinese apps: Pompeo

  07-07-2020 14:24 via defencetalk.com
  
  DefenceTalkDefenceTalkSecretary of State Mike Pompeo has said the US is “looking at” banning Chinese social media apps, including TikTok, over allegations Beijing is using them to spy on...
  
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• China signs UN arms trade treaty

  07-07-2020 14:14 via defencetalk.com
  
  DefenceTalkDefenceTalkChina signed a global pact Monday to regulate arms sales that has been rejected by the United States, the Asian power’s UN ambassador said. The Communist Party leadership’s top...
  
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• US killing of Iran’s top general ‘unlawful’: UN expert

  07-07-2020 14:11 via defencetalk.com
  DefenceTalkDefenceTalkGeneva: The US drone strike that killed Iran’s top general Qasem Soleimani was “unlawful”, the United Nations expert on extrajudicial killings concluded in a...
  
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• Tech Giants Suspend Hong Kong Co-Operation Following Security Law

  07-07-2020 13:30
  Tech Giants Suspend Hong Kong Co-Operation Following Security Law A slew of technology providers have temporarily suspended any co-operation with Hong Kong police following the introduction of a regressive national security law.  WhatsApp, Telegram, Facebook, Twitter, LinkedIn and Zoom have all announced a pause on the processing of data requests from the Special Administrative Region (SAR) of China until an international consensus is formed on how to react.“We understand the importan
  
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• Mysterious damage to Iran nuclear site: what we know

  07-07-2020 13:17 via defencetalk.com
  
  DefenceTalkDefenceTalkAccident or Israeli sabotage? A mysterious incident in the early hours of Thursday, July 2, badly damaged a building at Iran’s Natanz nuclear complex and sparked...
  
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• Bankrupt Bitcoin Biz Founder Leaves $13m Hole

  07-07-2020 12:30
  Bankrupt Bitcoin Biz Founder Leaves $13m HoleAn infamous South African Bitcoin entrepreneur has been declared bankrupt, leaving investors facing total losses of over $13m, according to local reports.Willie Breedt was the founder and CEO of VaultAge Solutions, a cryptocurrency trading platform that was launched in 2018.Back in May, investors in the platform started to complain of fraud and investigators from the country’s Directorate for Priority Crime Investigation (DPCI) were sent in to f
  
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• Instagram Star “Hushpuppi” Faces BEC Charges

  07-07-2020 11:30
  Instagram Star “Hushpuppi” Faces BEC ChargesA social media star known for his ostentatious displays of wealth is set to be charged in the US with conspiracy to launder hundreds of millions of dollars from BEC and other fraud schemes.Nigerian national Ramon Olorunwa Abbas, 37, (aka “Ray Hushpuppi” and “Hush”) was expelled from his home in the United Arab Emirates last week after being arrested there by police in June.FBI special agents obtained custody of him a
  
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• LORCA Announces Fifth Cyber-Accelerator Cohort

  07-07-2020 11:00
  LORCA Announces Fifth Cyber-Accelerator CohortThe London Office for Rapid Cybersecurity Advancement (LORCA) has announced the 17 scaleups selected to join its fifth cohort of cyber-innovators.Launched in 2018, LORCA is a government-backed innovation program delivered by Plexal at the London-based technology hub Here East and is supported by Deloitte and the Centre for Secure Information Technologies (CSIT) at Queen’s University Belfast. LORCA’s commercial partners are Lloyds Banking
  
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• Infosecurity Magazine Autumn/Fall Online Summit Agenda – Live Now!

  07-07-2020 10:20
  Infosecurity Magazine Autumn/Fall Online Summit Agenda – Live Now!Infosecurity Magazine is delighted to announce the launch of the content agenda for its upcoming Autumn/Fall Online Summit, taking place September 22 and 23.Registration is now open for the virtual event which will showcase 14 live sessions, moderated by the Infosecurity editorial team, featuring an array of experts and thought leaders discussing various topics and issues currently impacting the information security industry
  
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