The Inferno Drainer malware that plagued the crypto world throughout 2023 ultimately compromised about 130,000 victims and stole about $87 million in total, according to a new report from Group-IB. It was part of a broader movement of "crypto drainer" services that some security experts believe is poised to become the next big thing in cybercrime in 2024.
Cyber Security
Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.
So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.
It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.
The increasing prevalence of AI is creating a more dangerous phishing environment for companies of all sizes. A single hacker can now generate as much as 100 times more malicious content than they could previously.
The fifth-largest retail mortgage lender loanDepot disclosed it suffered a ransomware attack that disrupted operations, including loan repayments.
As we edge into 2024, understanding the dynamic landscape of ransomware is crucial for developing effective defense strategies. This article aims to provide an outlook on the current trends and forthcoming ransomware predictions, offering valuable insights for those looking to fortify their cybersecurity posture in the face of these persistent threats.
NIST has released a guideline paper meant to give AI developers a bird's-eye view of potential cyber threats that may present during the development and early deployment of their models.
Implementing a solution to identify and manage automated traffic can help organizations more effectively address the problem of web scraping and the countless other challenges associated with bad bots.
The crypto world has been anticipating the approval of Bitcoin ETFs by the SEC. A group of hackers touched off premature celebration on Tuesday when they gained control of the SEC's X account, using the unauthorized access to post a fake approval message.
In order to respond to cyber attacks, enterprises must invest their time and resources into efficiently training their teams and improving their organizational cyber resilience with the help of effective cyber exercises.
Russian hackers had access to Ukraine's biggest telecoms provider for most of 2023, and likely had "full access" for at least the months of November and December.
Healthcare tech solutions provider HealthEC LLC has experienced a data breach impacting nearly 4.5 million individuals across various states.










