Security

Yahoo cybersecurity team sees layoffs, outsourcing of ‘red team,’ under new CTO

Yahoo laid off around 25% of its cybersecurity team — known as The Paranoids — over the last year, TechCrunch has learned. Overall, the company has laid off or lost through attrition 40 to 50 people from a total of 200 employees in the cybersecurity team since the start of 2024, according to multiple current […]

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Bitcoin ATM giant Byte Federal says 58,000 users’ personal data compromised in breach

Byte Federal, one of the largest Bitcoin ATM operators in the U.S., said the personal data of thousands of customers may have been compromised during a recent breach. In a filing with Maine’s attorney general, Florida-based Byte Federal said hackers tried to access the data of 58,000 customers, including names, addresses, phone numbers, government-issued IDs,

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Russian government spies targeted Ukraine using tools developed by cybercriminals

A Russian-government backed hacking group targeted Ukraine’s military using tools and infrastructure developed by cybercriminals, according to new research. On Wednesday, Microsoft published a report detailing a hacking campaign carried out by a group it calls Secret Blizzard, which the U.S. Cybersecurity and Infrastructure Security Agency (CISA) previously said “is almost certainly subordinate to the

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Krispy Kreme discloses cyberattack that is disrupting online orders

International doughnut chain Krispy Kreme disclosed a security incident on Wednesday, which the company said has caused  “certain operational disruptions, including with online ordering in parts of the United States.” Krispy Kreme disclosed the cyberattack in an 8-K filing with the SEC. The company said it was “notified regarding unauthorized activity on a portion of

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Researchers uncover Chinese spyware used to target Android devices

Security researchers have uncovered a new surveillance tool that they say has been used by Chinese law enforcement to collect sensitive information from Android devices in China. The tool, named “EagleMsgSpy,” was discovered by researchers at U.S. cybersecurity firm Lookout. The company said at the Black Hat Europe conference on Wednesday that it had acquired

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US sanctions Chinese cybersecurity firm for firewall hacks targeting critical infrastructure

The U.S. sanctioned a Chinese cybersecurity company and one of its employees for exploiting a zero-day vulnerability in Sophos firewalls to target U.S. organizations. On Tuesday, the U.S. Treasury Department said Guan Tianfeng, an employee of Sichuan Silence, used the vulnerability to compromise approximately 81,000 firewalls in April 2020. The hacking campaign, detailed by Sophos

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US Senator announces new bill to secure telecom companies in wake of Chinese hacks

U.S. Democratic Senator Ron Wyden announced a new draft bill with the goal of securing American telephone networks and Americans’ communications in response to the massive hack of telecom providers allegedly done by Chinese government hackers.  In a press release on Tuesday, Wyden announced the Secure American Communications Act. The bill would order the Federal

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Cohesity completes its merger with Veritas; here’s how they’ll integrate

Data protection startup Cohesity completed its merger with Veritas’ enterprise data protection business, creating one entity with 12,000 customers that is valued at $7 billion. The deal was originally announced in February 2024. Cohesity valued Carlyle-owned Veritas’ data protection business at $3 billion at the time, according to CRN reporting. Cohesity declined to comment on

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Hackers are exploiting a flaw in popular file-transfer tools to launch mass hacks, again

Security researchers are warning that hackers are actively exploiting another high-risk vulnerability in a popular file transfer technology to launch mass hacks.  The vulnerability, tracked as CVE-2024-50623, affects software developed by Illinois-based enterprise software company Cleo, according to researchers at cybersecurity company Huntress.  The flaw was first disclosed by Cleo in a security advisory on

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Ukraine says Russian hackers are targeting country’s defense contractors

Ukraine’s Computer Emergency Response Team (CERT-UA) said in a report published over the weekend that a hacking group has been targeting the country’s defense and military companies with phishing attacks.  The CERT identified the hacking group as UAC-0185 — also known as UNC4221 — without saying who was behind the group. Earlier this year, however,

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