security

Columbus says ransomware gang stole personal data of 500,000 Ohio residents

Security /

The City of Columbus, Ohio’s state capital, has confirmed that hackers stole the personal data of 500,000 residents during a July ransomware attack.  In a filing with Maine’s attorney general, Columbus confirmed that a “foreign cyber threat actor” compromised its network to access information including residents’ names, dates of birth, addresses, identification documents, Social Security […]

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2024 looks set to be another record-breaking year for ransomware — and it’s likely going to get worse

Security /

The ransomware industry is thriving, not losing.  Despite various law enforcement wins against ransomware actors, like the sweeping takedown of LockBit and the seizure of Radar, hackers continue to reap the rewards of these data-theft attacks — and 2024 looks set to be their most profitable year to date. That’s according to Allan Liska, a

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How a series of opsec failures led US authorities to the alleged developer of the Redline password-stealing malware

Security /

U.S. prosecutors have charged Russian national Maxim Rudometov over his alleged involvement in developing and distributing the notorious Redline password-stealing malware. The charges were announced as part of “Operation Magnus,” first unveiled by the Dutch National Police on Monday. This years-in-the-making operation saw international law enforcement agencies dismantle the infrastructure of Redline and Meta, two

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Police operation claims takedown of prolific Redline and Meta password stealers

Security /

A coalition of international law enforcement agencies say they have disrupted the operations of two prolific infostealers that stole the sensitive data of millions of people.  The Dutch National Police, who led the so-called “Operation Magnus” takedown, reports it gained “full access” to the servers used by the Redline and Meta infostealers.  Infostealers are a

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Socket lands a fresh $40M to scan software for security flaws

Enterprise /

The software supply chain, which comprises the components and processes used to develop software, has become precarious. According to one recent survey, 88% of companies believe poor software supply chain security presents an “enterprise-wide risk” to their organizations. Open source supply chain components are especially fraught, thanks to the logistical hurdles in keeping each component well-maintained.

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Casio says ‘no prospect of recovery yet’ after ransomware attack 

Security /

Japanese electronics giant Casio has confirmed that many of its systems remain unusable almost two weeks after it was hit by a ransomware attack.  Casio spokesperson Ayuko Hara told TechCrunch on Thursday that the company sees “no prospect of recovery yet” as it struggles to bounce back from the cyberattack.  “Since October 5, our servers

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Relyance lands $32M to help companies comply with data regulations

Fundraising /

As the demand for AI surges, AI vendors are devoting greater bandwidth to data security issues. Not only are they being compelled to comply with emerging data privacy regulations (e.g. the EU Data Act), but they’re finding themselves under the microscope of clients skeptical about how their data is being used and processed. The trouble

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Kasperksy says it’s closing down its UK office and laying off dozens

Security /

Russian cybersecurity giant Kaspersky is shutting down its office in the United Kingdom and laying off its staff, just three months after the company started closing down its U.S. operations and laying off dozens of workers, TechCrunch has learned.  Kaspersky spokesperson Francesco Tius said in an email to TechCrunch that the company “will commence a

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