Feds Unmask LockBit Ransomware Leader as Dmitry Yuryevich Khoroshev

/in

By Waqas

In a major blow to ransomware, international law enforcement has unmasked Dmitry Yuryevich Khoroshev, the leader of LockBit ransomware. Learn about the takedown, sanctions imposed, and the future of LockBit in a post-Khoroshev era.

This is a post from HackRead.com Read the original post: Feds Unmask LockBit Ransomware Leader as Dmitry Yuryevich Khoroshev

Hackread – Latest Cybersecurity, Tech, Crypto & Hacking News – ​Read More

Germany Recalls Ambassador to Russia Over Cyberattacks

/in

Germany has recalled its ambassador to Russia in response to alleged Moscow-backed cyberattacks targeting various sectors in Germany, including defense, aerospace, and IT companies, as well as the German Social Democratic Party.

Cyware News – Latest Cyber News – ​Read More

TXOne Networks Scores $51M Series B Extension

/in

ICS and OT security startup TXOne Networks secures $51 million in a Series B extension and adds new investors from Taiwan.

The post TXOne Networks Scores $51M Series B Extension appeared first on SecurityWeek.

SecurityWeek – ​Read More

Report: Only 45% of Organizations Use MFA to Protect Against Fraud

/in

A report by Ping Identity highlighted the pressing need for enhanced identity protection strategies, as 97% of organizations struggle with identity verification, and 48% lack confidence in defending against AI-related attacks.

Cyware News – Latest Cyber News – ​Read More

Wiz Raises $1 Billion at $12 Billion Valuation

/in

Cloud security giant Wiz has raised $1 billion, which brings the total funding to $1.9 billion, at a valuation of $12 billion.

The post Wiz Raises $1 Billion at $12 Billion Valuation appeared first on SecurityWeek.

SecurityWeek – ​Read More

DBIR: Supply Chain Breaches up 68% Year Over Year

/in

According to Verizon’s latest Data Breach Investigations Report (DBIR), supply chain breaches increased by 68% year-over-year, primarily due to software vulnerabilities exploited in ransomware and extortion attacks.

Cyware News – Latest Cyber News – ​Read More

The Alleged LockBit Ransomware Mastermind Has Been Identified

/in

Law enforcement officials say they’ve identified, sanctioned, and indicted the person behind LockBitSupp, the administrator at the heart of LockBit’s $500 million hacking rampage.

Security Latest – ​Read More

White House in Talks With Industry to Build Legal Framework for Software Liability

/in

The White House is engaging with the tech industry to establish a legal framework for software liability as part of a broader cybersecurity strategy, aiming to incentivize software developers to create products without exploitable security flaws.

Cyware News – Latest Cyber News – ​Read More

City of Wichita Public Services Disrupted After Ransomware Attack

/in

The city was forced to shut down its IT networks and continues to investigate a major cyber incident that happened over the weekend.

darkreading – ​Read More

Niobium Raises $5.5M for Zero Trust Computing Hardware Acceleration

/in

Niobium has raised $5.5 million in seed funding for a fully homomorphic encryption (FHE) hardware accelerator designed for zero trust computing.

The post Niobium Raises $5.5M for Zero Trust Computing Hardware Acceleration appeared first on SecurityWeek.

SecurityWeek – ​Read More