Though it’s normal for victims to remain unaware of how their stolen data is being put to use by cybercriminals, there’s are gangs in ransomware cartels who have made millions of dollars exploiting stolen data.

On August 2016, the Asian Bitfinex suffered a security breach that resulted in the theft of 120,000 Bitcoin, the incident had serious repercussions on the Bitcoin value that significantly dropped after the security breach (-20% decrease).

Despite the coronavirus pandemic, 2020 was a record year in terms of venture capital funding for cybersecurity companies, with more than $7.8 billion invested, according to a new report from business information platform Crunchbase.

Sophos researchers discovered that the threat actors are using Exchange servers compromised using the highly publicized exploit chain—which suffered a barrage of attacks from advanced persistent threat (APT) groups to infect systems.

Six days after installing the webshell, the actor used the installed webshell to run PowerShell commands to gather information from the local server and the Active Directory and stole credentials from the compromised Exchange server.

The NSA, the CISA, and the FBI jointly released a Cybersecurity Advisory, “Russian SVR Targets U.S. and Allied Networks,” today to expose ongoing Russian Foreign Intelligence Service (SVR) exploitation of five publicly known vulnerabilities.

Hackers with apparent ties to North Korea that hit e-commerce shops in 2019 and 2020 to steal payment card data also tested functionality for stealing cryptocurrency, according to the cybersecurity firm Group-IB.

That was the lesson learned a few years ago from the operators of a North American casino. According to a 2018 Business Insider report, cybersecurity executive Nicole Eagan of security firm Darktrace told the story while addressing a conference.

The two cybersecurity firms have joined together to form a single cloud identity security vendor, pooling their respective expertise and tools in the area of privileged access management (PAM).

Shawn Henry, former Executive Assistant Director of the FBI and current CrowdStrike president of services and CSO, shares the top three cybersecurity priorities that the Biden administration needs to address.