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Mathew Schwartz

Mathew Schwartz

Executive Editor, DataBreachToday & Europe at BankInfoSecurity.com

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Location
United States
Languages
  • English
Covering topics
  • Computers & Technology

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Recent Articles

bankinfosecurity.com

Warning: Cybercrime Services Underpin National Security Risk

The cybercrime-as-a-service economy continues to power ransomware and other criminal enterprises, as well as serve as "an accelerant for state-sponsored
bankinfosecurity.com

Thai Police Bust 4 Suspected 8Base Ransomware Group Members

Thai police have arrested four suspected members of the 8Base ransomware-wielding gang, which authorities say has extorted $16 million in ransom payments through
bankinfosecurity.com

Still-Lucrative Ransomware's Profits Plunged 35% Last Year

Ransomware may still be raking in massive cryptocurrency profits for practitioners, but 2024 turned out to be less of a banner year than predicted, with blockchain
bankinfosecurity.com

Ransomware: Victims Who Pay a Ransom Drops to All-Time Low

The slice of organizations opting to pay extortion after being hit by ransomware dropped to an all-time low of 25%. Underpinning the drip is a combination of better defenses, improved business resilience as well as organizations simply deciding to not pay criminals.
bankinfosecurity.com

Total Fines Imposed by EU Privacy Regulators Dropped in 2024

The total amount of annual fines imposed by European privacy regulators fell in 2024 for the first time since the EU's pioneering data protection law came into
bankinfosecurity.com

Information Security Career Advice: 'Pick Your Battles'

With the pace of global change so often creating a sense of accelerating chaos, it's easy to view cyber defenders as firefighters constantly on call. But Black Hat
bankinfosecurity.com

Fraud Watch: E-Skimmers and Scam E-Commerce Sites Still Bite

It's an old story: Criminals rake in profits by using digital "e-skimming" software, running scam e-commerce sites and selling stolen payment card data.
bankinfosecurity.com

PowerSchool Faces 23 Lawsuits Over Schools' Mega Data Breach

Educational software-maker PowerSchool faces over 20 lawsuits seeking class-action status, filed in the wake of a massive data breach involving current and former
bankinfosecurity.com

Ransomware Leak Sites Suggest Attacks Reached Record High

While ransomware groups' data-leak sites regularly lie, if taken at face value, in December 2024 they collectively listed the largest number of victims ever seen in
bankinfosecurity.com

Under Discussion: UK Mandatory Ransomware Incident Reporting

Banning ransom payments by public sector and critical infrastructure entities, notifying the government of any intent to pay a ransom, and reporting incidents to authorities comprise three counter-ransomware initiatives proposed by the British government. Which ones will pass muster?
bankinfosecurity.com

Under Discussion: UK Mandatory Ransomware Incident Reporting

Banning ransom payments by public sector and critical infrastructure entities, notifying the government of any intent to pay a ransom, and reporting incidents to authorities comprise three counter-ransomware initiatives proposed by the British government. Which ones will pass muster?
bankinfosecurity.com

Microsoft Sues Harmful Fake AI Image Crime Ring

Microsoft filed a lawsuit targeting a cybercrime service used to generate "thousands of harmful images" by subverting the guardrails built into its Azure
bankinfosecurity.com

Abandoned Backdoors: How Malicious Infrastructure Lives On

How many servers are infected by web shells designed to give attackers remote access to systems, but now "phone home" to malicious infrastructure that's now abandoned or expired? Security researchers who posed that question have counted 4,000 such systems, including in government and education.
bankinfosecurity.com

China's Hacking of US Telecoms: Officials Name More Victims

The nine known victims of a "broad and significant cyberespionage campaign" the White House has tied to China reportedly include Charter Communications,
bankinfosecurity.com

36 Chrome Extensions Compromised in Supply Chain Attack

A supply chain attack that subverted legitimate Google Chrome browser extensions to inject data-stealing malware is more widespread than security researchers first
bankinfosecurity.com

Recapping 2024's Top Attacks: Cybercrime, Espionage and More

What a year 2024 has been on the cybersecurity front, showing that data breaches aren't in decline, and how attackers will exploit built-in backdoors, when they
bankinfosecurity.com

Ransomware Group Hits Substance Abuse Treatment Service

Substance abuse treatment company American Addiction Centers is warning nearly half a million patients that ransomware-wielding attackers stole their personal
bankinfosecurity.com

Hackers Launch Supply Chain Attack Against Chrome Extensions

Multiple Chrome browser extensions have been hacked, allowing attackers to steal the data they handle, security experts have warned. Subverted extensions include a
bankinfosecurity.com

North Korean Hackers Tied to $1.3B in Stolen Crypto in 2024

Hackers tied to North Korea's cash-strapped totalitarian dictatorship this year stole a record amount of cryptocurrency, totaling $1.34 billion across 47 incidents,
bankinfosecurity.com

Turmoil Besets Phishing-as-a-Service Toolkit Rockstar 2FA

As the end of the year approaches, it's out with the old and in with the new as researchers report that Rockstar 2FA, which once facilitated prolific
bankinfosecurity.com

Attack Exposure: Unpatched Cleo Managed File-Transfer Software

More than 1,000 Cleo managed file-transfer hosts remain internet-exposed and unpatched, despite warnings of a mass attack targeting critical vulnerabilities in the