Cybersecurity Dive

Report: Ransomware Payments Fell 35% in 2024

Ransomware payments fell by 35% in 2024, from $1.25 billion in 2023 to about $814 million, according to a Chainalysis report. This decline in payments occurred even though there was a rise in ransomware attacks during the second half of the year.

State-Linked Hackers Deploy New FlexibleFerret macOS Malware in Fake Job Interview Campaign

Apple addressed several variants of the macOS malware family in a signature update for XProtect last week. However, the North Korean threat actors adapted to the update by deploying FlexibleFerret, which is not detected by XProtect.

FDA, CISA Warn About Vulnerabilities in Patient Health Monitors

Unauthorized users could control the monitors, interrupt their functions, or corrupt patient data. A backdoor in the software allows bypassing cybersecurity controls, exposing patient data.

FCC Enacts Rule Requiring Telecom Operators To Secure Networks

The declaratory ruling, which took effect immediately, clarifies that telecom operators are legally obligated to secure networks under Section 105 of the Communications Assistance for Law Enforcement Act.

Flagstar Fined $3.5M for ‘Misleading’ After 2021 Cyberattack

After a hacker gained access to Flagstar’s Citrix environment in late 2021 and stole PII of 1.5 million customers, Flagstar “negligently made” materially misleading statements on its website and in financial filings, according to the SEC.

CISA’s Pre-Ransomware Alerts Nearly Doubled in 2024

As of November, the CISA had issued 2,131 pre-ransomware notifications this year, nearly double the amount it issued in 2023. The agency also released almost 1,300 cyber defense alerts and advisories through the JCDC during fiscal year 2024.

FBI, CISA warn of heightened risk of BEC attacks during holiday season

The FBI and Cybersecurity and Infrastructure Security Agency on Tuesday warned businesses to protect themselves against cybercriminals trying to fraudulently divert payments during the holiday season.

Microchip Technology Reports $21.4M Expense From August Cyberattack

Microchip Technology revealed a $21.4 million cost incurred from a cyberattack in August 2024 in its quarterly report. SVP and CFO Eric Bjornholt stated that most of the expenses were due to the underutilization of factories caused by the incident.

Updates: Halliburton Incurs About $35M in Expenses Related to August 2024 Cyberattack

Halliburton incurred $35 million in expenses due to a cyberattack in August 2024. The attack affected the company's ability to invoice customers and collect receivables, resulting in system outages.

Google Cloud to Mandate MFA for all Users in 2025

Google Cloud announced that it will require multifactor authentication (MFA) for all users by the end of 2025. The company will roll out MFA in phases and start encouraging users to enroll this month.

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