Mortgage and loan giant Mr. Cooper says a “cybersecurity incident” earlier this week was the cause of an ongoing outage, adding that the company is “working to resolve the issue.” The Texas-based company said in a statement on its website that…
Tag: Security News | TechCrunch
Do government sanctions against ransomware groups work?
Earlier this year, the U.S. government imposed sanctions against Russian national Mikhail Matveev, an FBI most-wanted cybercriminal, who authorities accuse of being a “prolific ransomware affiliate” involved in cyberattacks in the United States and overseas. Authorities say Matveev played a…
Boeing confirms ‘cyber incident’ after ransomware gang claims data theft
Aerospace giant Boeing has confirmed that it is dealing with a “cyber incident,” days after the company was listed on the leak site of the LockBit ransomware gang. In a statement given to TechCrunch, Boeing spokesperson Jim Prolux confirmed that…
When generative AI cyberthreats arrive, Wraithwatch will be ready and waiting
Generative AI is pervading just about every industry already, whether we like it or not, and cybersecurity is no exception. The possibility of AI-accelerated malware development and autonomous attacks should alarm any sysadmin even at this early stage. Wraithwatch is…
Xage Security raises $20M more to expand its security platform
While the number of cybersecurity funding deals reached a high point in 2022, that doesn’t mean that the sector’s tapped out — far from it. According to Statista, there were 148 deals in Q2 2023 worth a combined $1.6 billion.…
Lawmakers say Costco’s decision to continue selling banned China surveillance tech is ‘puzzling’
Two U.S. lawmakers have asked retail giant Costco why it continues to sell surveillance equipment made by Lorex, despite warnings of cybersecurity risks and links to human rights abuses. The bipartisan letter dated October 31, sent by Rep. Christopher Smith…
Atlassian urges customers to take ‘immediate action’ to protect against data-loss security bug
Australian software giant Atlassian has warned of a critical security flaw that could lead to “significant data loss” for customers, just weeks after state-backed hackers targeted its products. In an advisory this week, the company urged customers to patch against…
With its exit from Russia complete, Group-IB plans its US expansion
In just a few weeks, Group-IB will be celebrating its twentieth birthday. It’s a momentous occasion for the controversy-marred threat intelligence company, which helps organizations and governments investigate cyberattacks and online fraud. And Group-IB is planning to celebrate in style.…
Security researchers observed ‘deliberate’ takedown of notorious Mozi botnet
Security researchers say they have observed what they believe is a takedown of the notorious Mozi botnet that infiltrated more than a million Internet of Things devices worldwide. In research shared with TechCrunch ahead of publication on Tuesday, researchers at…
Log analysis and security firm Graylog raises $9M in equity, $30M in debt
The decline in VC funding for cybersecurity startups might finally be reversing course after months of discouraging trend lines. Recently, Crunchbase reported that cybersecurity startups raised nearly $1.9 billion through 153 deals in Q3 — a 12% increase from the…
Why ransomware victims can’t stop paying off hackers
In September, MGM Resorts was hit by a devastating ransomware attack, downing operations at some of its most iconic casino hotels in Las Vegas, including the Bellagio, Mandalay Bay and the Cosmopolitan. Guests were forced to wait hours to check…
US-led cybersecurity coalition vows to not pay hackers’ ransom demands
The U.S. government and dozens of foreign allies have pledged never to pay ransom demands in a bid to discourage financially motivated hackers and ransomware gangs profiteering from cyberattacks. The joint pledge was announced during the third annual meeting of…
SEC accuses SolarWinds CISO of misleading investors before Russian cyberattack
The U.S. Securities and Exchange Commission has charged SolarWinds and its top cybersecurity executive Timothy Brown with fraud and internal control failures for allegedly misleading investors about the company’s cybersecurity practices prior to a cyberattack launched by Russian hackers in…
Confirmed: Palo Alto Networks buys Dig Security, sources say for $400M
We reported in September that Palo Alto was getting ready to make yet more security acquisitions out of Israel, specifically of Dig Security and Talon. Today, some confirmation of one of those has arrived: the U.S. security giant said it…
Apple warns Indian opposition leaders of state-sponsored iPhone attacks
Apple has warned over a half dozen Indian politicians, other members of political parties and journalists of their iPhones being targets of state-sponsored attacks, these people said Tuesday, in a remarkable turn of events and charges just months before the…
Indian opposition leaders say Apple has warned them of state-sponsored iPhone attacks
Apple has warned at least six Indian politicians and other members of political parties and one journalist of their iPhones being targets of state-sponsored attacks, these people said Tuesday. Shashi Tharoor of the opposition Congress party, Mahua Moitra, a national…
Internet access in Gaza partially restored after blackout
After a weekend of almost complete internet blackout, connectivity in Gaza has been partially restored. On Friday, internet monitoring firms and experts reported that access to the internet had significantly degraded in the Palestinian enclave. The local internet service NetStream…
CCleaner says hackers stole users’ personal data during MOVEit mass-hack
The maker of the popular optimization app CCleaner has confirmed hackers stole a trove of personal information about its paid customers following a data breach in May. In an email sent to customers, Gen Digital, the multinational software company that…
Apple fixes bug that undermined iOS privacy feature for years
Apple has fixed a years-old vulnerability in its iPhone and iPad software that undermined a privacy feature since it first debuted. Back in 2020, Apple announced a new feature in iOS 14 that would prevent nearby wireless routers and access…
Internet access in Gaza is collapsing as ISPs fall offline
As the conflict between Israel and Hamas reaches its third week, internet connectivity in Gaza is getting worse. On Thursday, internet monitoring firm NetBlocks wrote on X, formerly Twitter, that the Palestinian internet service provider NetStream “has collapsed days after…