US cryptocurrency exchange Coinbase is facing a backlash from its users after notifying them that at least 6,000 customers had their funds stolen by hackers. The “third-party campaign” took place between March and May 20, 2021. “In order to access your Coinbase account, these third parties first needed prior knowledge of the email address, password, and phone number associated with your Coinbase account, as well as access to your personal email inbox,” the firm explained in a breach…

The government has released more details about a planned National Cyber Force (NCF), confirming that it will be located in the northwest village of Samlesbury. First mooted in 2018, the new facility will form the hub of the UK’s offensive cyber capabilities, drawing personnel from GCHQ, the Ministry of Defence, MI6 and the Defence Science and Technology Laboratory (DSTL). “The National Cyber Force will help confront aggressive behavior from malign actors, and demonstrate that Britain is…

Written by John Checco Oct 4, 2021 | FEDSCOOP John Checco is an information security professional providing security expertise across various industries. He currently resides as leader for the CISO Advisory Board on Financial Services for Proofpoint and President Emeritus of the New York Metro InfraGard Members Alliance (an FBI public/private partnership program). Since the outset of the COVID-19 pandemic, financial institutions have launched a wave of cloud-based initiatives to support employees with remote access….

Ransomware – malware that aims to prevent victims from accessing their data unless they pay their attackers – seems to be in the news more than ever before. Sophos’s most recent annual ransomware survey, The State of Ransomware 2021, found that 37% of organisations surveyed in 2021 had been affected by ransomware in the previous year. Although this is a year-on-year reduction (51% of surveyed organisations were affected in 2020), the threat remains significant. The…

The increasing prevalence of ransomware tops the findings of the McAfee Enterprise Advanced Threat Research Report: October 2021 released today. While ransomware continues to hold cybersecurity headlines hostage, so much has changed since our last threat report. After shutting down the Colonial Pipeline, DarkSide created the appearance of walking away after attracting government scrutiny, thinking we would miss the (alleged) connection to BlackMatter. Our Advanced Threat Research team also made a move to McAfee Enterprise,…