TSMC Chip Maker Blames WannaCry Malware for Production Halt

Taiwan Semiconductor Manufacturing Company TSMC—the world's largest makers of semiconductors and processors—was forced to shut down several of its chip-fabrication factories over the weekend after being hit by a computer virus. Now, it turns out that the computer virus outbreak at Taiwan chipmake...

Ramnit Changes Shape with Widespread Black Botnet

The recently uncovered “Black” botnet campaign using the Ramnit malware racked up 100,000 infections in the two months through July– but the offensive could just be a precursor to a much larger attack coming down the pike, according to researchers, thanks to a second-stage malware called Ngioweb...

Top iPhone Supplier Battles WannaCry Infection

A top iPhone supplier, Taiwan Semiconductor Manufacturing Co. TSMC, has recovered from a WannaCry ransomware infection that impacted the majority of its fabrication tools. The incident could delay mobile phone shipments during the pre-holiday Fall rush, and reduce revenue for Taiwan’s largest...

IT threat evolution Q2 2018. Statistics

Q2 figures According to KSN: Kaspersky Lab solutions blocked 962,947,023 attacks launched from online resources located in 187 countries across the globe. 351,913,075 unique URLs were recognized as malicious by Web Anti-Virus components. Attempted infections by malware designed to steal money via...

The Official Talos Guide to Security Summer Camp 2018

It is once again time for the week in the summer when many of us descend on Las Vegas for Black Hat, DEF CON, and B-Sides LasVegas. This is your official guide to what the Cisco Talos Threat Intelligence team is doing at these shows and what some of our colleagues around Cisco Security are doing,...

Massive ransomware attack forces authorities to use typewriters

By Waqas The ransomware attack also forced employees to use hand receipts. Two municipalities in Alaska one town and one borough to be precise have become victims of sophisticated encryption-based malware ransomware attack. Reportedly, the Matanuska-Susitna Mat Su and the City of Valdez have both...

ThreatList: SMB Security Challenges Grow with the Cloud

Firewall and network security is the No. 1 concern when it comes to small- and medium-sized business SMB security, according to research, particularly as they begin to move more and more of their mission-critical infrastructure to the cloud. However, preparing for increasing security threats...

COSCO incident. Phishing frenzy and exploding goods?

If you haven’t seen the coverage, COSCO the world’s 4th largest shipping line has had a ransomware outbreak. Sounds terribly familiar, doesn’t it. One wonders why on earth they didn’t carry out a thorough review after the Maersk incident, so as to be rather better prepared. Phishing time Breaches...

Podcast: Breaking Down the COSCO Ransomware Attack

Last week, shipping giant COSCO China Ocean Shipping Company announced it was hit with a ransomware attack that crippled its U.S. operations. The company’s phone and email for its U.S. branch were down for five days, and have now been restored. Threatpost talks to Matt Tyrer with Commvault about...

August 1, 2018 – Morning Cyber Coffee Headlines – “Care Bears” Edition

Good morning! Sit with Carbon Black this morning over a cup of coffee or tea and browse a few industry headlines to get the day started. We’ve got just enough information below to get you through that first cup…enjoy! August 1, 2018 - Headlines Carbon Black in the News: Robbing Banks Isn’t The Sa...

SamSam Ransomware Attacks Extorted Nearly $6 Million

Ransomware has become a multimillion-dollar black market business for cybercriminals, and SamSam being a great example. New research revealed that the SamSam ransomware had extorted nearly $6 million from its victims since December 2015, when the cyber gang behind the ransomware started...

SamSam Ransomware Attacks Extorted Nearly $6 Million

Ransomware has become a multimillion-dollar black market business for cybercriminals, and SamSam being a great example. New research revealed that the SamSam ransomware had extorted nearly $6 million from its victims since December 2015, when the cyber gang behind the ransomware started...

Gandcrab Ransomware Puts Pinch On Victims

ARCHIVED STORY GandCrab Ransomware Puts the Pinch on Victims By Alexandre Mundo · July 31, 2018 Update: On August 9 we added our analysis of Versions 4.2.1 and 4.3. The GandCrab ransomware first appeared in January and has been updated rapidly during its short life. It is the leading ransomware...

Gandcrab Ransomware Puts Pinch On Victims

ARCHIVED STORY GandCrab Ransomware Puts the Pinch on Victims By Alexandre Mundo · July 31, 2018 Update: On August 9 we added our analysis of Versions 4.2.1 and 4.3. The GandCrab ransomware first appeared in January and has been updated rapidly during its short life. It is the leading ransomware...

Security News: Bluetooth Bug Triggers Patch Frenzy, as Ransomware Attack Hits Global Shipper

A scary Bluetooth bug. A crippling ransomware attack. A cyber threat to the U.S. electrical grid. A data leak of trade secrets from major car makers such as Tesla and GM. These were some of the security industry news that caught our eye last week. Bluetooth vulnerability rattles vendors, end user...

Updated AZORult Spyware Comes with Sophisticated New Techniques

An updated version of the AZORult spyware has been sighted as the payload in a large spam campaign – just one day after debuting on the Dark Web. AZORult steals information and can download additional malware; it’s been around since at least 2016, when Proofpoint researchers identified it as part...

A week in security (July 23 – July 29)

Last week on Labs, we looked at an adware called MobiDash getting stealthy, a new strain of Mac malware called Proton that was found after two years, and the ‘Hidden Bee’ miner that was delivered via an improved drive-by download toolkit. We also delved into the security improvements expected in...

Which specific malware trends should American businesses be prepared for?

In 2017, more than 700 million malware specimens were discovered. In this type of environment, it can be a considerable challenge for enterprises to keep up with the ever-changing threat landscape and ensure their internal protections are sufficient for safeguarding their most critical IT assets...

Threatpost News Wrap Podcast For July 27

Threatpost’s Tom Spring and Lindsey O’Donnell sit down to discuss the top breaking news from the week. Stories of importance include shipping giant COSCO being hit with a ransomware attack, a Senator requesting a government mandate to stop using Adobe Flash by August 2019, and Facebook’s outgoing...

CoinVault Ransomware Authors Sentenced to 240 Hours of Community Service

Almost three years after the arrest of two young Dutch brothers, who pleaded guilty to their involvement in creating and distributing CoinVault ransomware malware, a district court in Rotterdam today sentenced them to 240 hours of community service. In 2015, the two suspects — Melvin 25-year-old...