Threats

Report: Organizations say IoT devices pose ‘catastrophic risk’, then shrug

The majority of corporations fear that a “catastrophic” security incident stemming from the Internet of Things (IoT) is an imminent risk. However, those same organizations still lack simple knowledge of how many IoT devices they have in their organization and how they are being used, let alone have oversight for how to protect them, according to new findings.

Podcast Episode 88: Inside Russia’s DragonFly Group and How Cyber Crooks Launder Money

In this week’s Security Ledger Podcast (#88) we do a deep dive with researcher Vikram Thakur of the firm Symantec on “Dragonfly,” the Russian hacking group whose actions prompted the U.S. Department of Homeland Security and the FBI to issue a joint statement last week warning of intrusions into critical infrastructure in the US. Also: how do cyber criminals cash out all the loot they make from online scams? In our second segment we’ll talk to researcher Mike McGuire of the University of Surrey, who has been studying that question.

Cyber Criminals Launder Billions with Bitcoin, In-game Loot

Cyber criminals are laundering billions of ill-gotten gain using crypto currencies like Bitcoin and Monero and in-game currencies for popular online games like World of Warcraft, FIFA Soccer and Grand Theft Auto. 

FBI, DHS warn Russian Dragonfly Group Still Targeting US Critical Infrastructure

The Department of Homeland Security and the FBI on Thursday warned that the so-called “Dragonfly” hackers linked to the government of Russia are engaged in a “multi-stage intrusion campaign” against U.S. critical infrastructure, including the energy, nuclear, aviation and manufacturing sectors. 

UPDATED: Damning Report Has AMD Investigating Critical Vulnerabilities in Ryzen, EPYC Chips

Chip maker AMD acknowledges it is looking into critical vulnerabilities and an exploitable backdoor in its latest line of processors after an Israel-based security firm ambushed the company with a report this week detailing more than a dozen serious security holes in its products.