Phil Muncaster
Infosecurity
United Kingdom
Contact Phil
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Past articles by Phil:
LA Housing Authority Suffers Year-Long Breach
LockBit ransomware group stole data and encrypted files → Read More
UK Crypto Firm Loses $200m in Cyber-Attack
UK crypto startup Euler Labs has suffered a devastating cyber-attack, in which threat actors managed to steal close to $200m from its DeFi lending protocol. The firm provides a DeFi protocol on Ethereum that it claims allows users to lend and borrow almost any crypto asset. However, yesterday hackers managed to exploit a vulnerability in its code which enabled them to steal around $199m in… → Read More
MI5 Launches New Agency to Tackle State-Backed Attacks
National Protective Security Authority begins its work → Read More
Final Three Sentenced in £70m Money Laundering Case
London-based group also illegally obtained COVID relief funds → Read More
Investment Fraud is Now Biggest Cybercrime Earner
Investment fraud leapfrogged business email compromise (BEC) last year to become the top-earning cybercrime category, costing victims over $3.3bn in 2022, according to the FBI. The Internet Crime Report 2022 is compiled by the bureau’s Internet Crime Complaint Center (IC3) from reports filed with it by global consumers and businesses over the year. Total cybercrime losses for 2022 were estimated… → Read More
Blackbaud Settles $3m Charge Over Ransomware Attack
Cloud software provider Blackbaud has agreed to pay $3m to settle charges over regulatory filings it made following a major 2020 ransomware attack. The South Carolina-based firm, which sells software to non-profits, schools and other “social good” organizations, said at the time that it discovered and contained the May 2020 attack, but threat actors managed to steal sensitive data belonging to… → Read More
FBI Warns of Crypto-Stealing Play-to-Earn Games
Fake apps are latest scam designed to trick consumers → Read More
Tehran Targets Female Activists in Espionage Campaign
Covert crackdown on Mahsa Amini protests continues → Read More
House Members at Risk After Insurer Data Breach
Threat actor claims to have info on 170,000 victims → Read More
Fifth of Government Workers Don't Care if Employer is Hacked
A culture of unaccountability, poor cyber-hygiene and limited staff training are creating a perfect storm of cyber-risk for governments worldwide, with many workers unbothered about the prospect of a serious data breach, Ivanti has warned. The security vendor polled 800 public sector workers worldwide to compile its new Government Cybersecurity Status Report. It found a “not my job” attitude is… → Read More
Officials Targeted with Romance Scams and Android Trojans
Security researchers have uncovered a cyber-espionage campaign targeting mainly Indian and Pakistani victims with Android messaging apps containing backdoor malware. ESET said weak OpSec allowed it to locate over 150 victims, some of whom also resided in Russia, Oman and Egypt. It attributed the campaign to the Pakistan state-linked actor Transparent Tribe (APT36) due to the use of the CapraRAT… → Read More
Government Claims New UK GDPR Will Save Firms Billions
Data Protection and Digital Information Bill designed to reduce paperwork → Read More
Cyber-Threat Detections Surge 55% in 2022
Trend Micro stops a record 146 billion discrete threats → Read More
Just 10% of Firms Can Resolve Cloud Threats in an Hour
Tool bloat is making it harder to detect and contain attacks → Read More
Brazilian Conglomerate Suffers 3TB Data Breach: Report
Hackers have stolen several terabytes of corporate and employee information from controversial Brazilian multi-national Andrade Gutierrez, in a raid the firm reportedly still hasn’t acknowledged. The Belo Horizonte-headquartered giant is one of the largest engineering firms in Latin America, responsible for major projects in infrastructure, energy, oil and gas, and transport across the region.… → Read More
Two-Thirds of European Firms Have Started Zero Trust
Over two-thirds of European organizations have begun developing a zero trust strategy, up from around a quarter in 2020, according to Forrester. The analyst house, which first coined the term over a decade ago, said a further 15% were planning to adopt zero trust tech. Its new report, Zero Trust Comes Into The Mainstream In Europe, Forrester also claimed that public sector organizations are… → Read More
City of Oakland Faces Major Data Leak
Information was stolen during recent ransomware attack → Read More
UK Government Plans Skills Boost for Public Sector Fraud Fight
Focus will be on enhancing prevention and identification skills → Read More
FTC Proposes $7.8m Fine for BetterHelp
The FTC has proposed a multimillion-dollar fine for an online counseling firm which broke its promise to customers by sharing their sensitive health information for advertising. As well as the $7.8m fine, BetterHelp will be banned from sharing any more consumer health data, including information on mental health issues, for the purposes of advertising, according to the terms of the order. The… → Read More
At Least 30% of "Cyber-Criminals" Are Women: Report
New study uses AI to analyze text of dark web forum users → Read More