Is Cryptocurrency's Crash Causing Headaches for Ransomware Gangs?

Bitcoin is down more than 70% from its highs late last year, causing disruptions for cybercriminals and the underground exchanges that fuel the dark markets. [TechWeb]( Follow Dark Reading: [RSS]( July 15, 2022 LATEST SECURITY NEWS & COMMENTARY [Is Cryptocurrency's Crash Causing Headaches for Ransomware Gangs?]( Bitcoin is down more than 70% from its highs late last year, causing disruptions for cybercriminals and the underground exchanges that fuel the dark markets. [DHS Review Board Deems Log4j an 'Endemic' Cyber Threat]( Vulnerability will remain a "significant" threat for years to come and highlighted the need for more public and private sector support for open source software ecosystem, Cyber Safety Review Board says. [Data Breaches Linked to Ransomware Declined in Q2 2022]( Phishing retained its place as the top root cause of data compromises, according to new data from the Identity Theft Resource Center (ITRC). [Virtual CISOs Are the Best Defense Against Accelerating Cyber-Risks]( A poor, permanent hire can be a very expensive error, whereas a mis-hire on a virtual CISO can be rapidly corrected. [Data of Nearly 2M Patients Exposed in Ransomware Attack on Healthcare Debt Collection Firm]( Professional Finance Company (PFC) was hit in February 2022 by a ransomware attack. [New Phishing Kit Hijacks WordPress Sites for PayPal Scam]( Attackers use scam security checks to steal victims' government documents, photos, banking information, and email passwords, researchers warn. [MORE NEWS /]( [MORE COMMENTARY]( HOT TOPICS [Fake Google Software Updates Spread New Ransomware]( "HavanaCrypt" is also using a command-and-control server that is hosted on a Microsoft Hosting Service IP address, researchers say. [Microsoft Issues Fixes for 84 Vulnerabilities: Here's What to Patch Now]( July's security update included fixes for one actively exploited flaw, more than 30 bugs in Azure Site Recovery, and four privilege escalation bugs in Windows Print Spooler. [How Confidential Computing Locks Down Data, Regardless of Its State]( Whether data's in motion, at rest, or in use, confidential computing makes moving workloads to the public cloud safer, and can enhance data security in other deployments. [MORE]( EDITORS' CHOICE [Researchers Devise New Speculative Execution Attacks Against Some Intel, AMD CPUs]( "Retbleed" bypasses a commonly used mechanism for protecting against a certain kind of side-channel attack. LATEST FROM THE EDGE [Name That Edge Toon: On Guard]( Come up with a clever caption, and our panel of experts will reward the winner with a $25 Amazon gift card. LATEST FROM DR TECHNOLOGY [The Next Generation of Threat Detection Will Require Both Human and Machine Expertise]( To be truly effective, threat detection and response need to combine the strengths of people and technology. WEBINARS - [Secure the Keys to Your Kingdom: Unveiling New Data on Global Attack Surface Threats]( The Cortex Xpanse research team has uncovered new data in our study of the global attack surface. From December 2021 to June 2022, we monitored scans of 50 million IP addresses associated with 100+ global enterprises, and we discovered new information on industries with ... - [How Ransomware Works - And What You Can Do to Stop It]( From Darkside, to Lockbit, to Conti, ransomware gangs pulled off many headline-making attacks in the last year and they have evolved their techniques to become more stealthy and sophisticated when targeting organizations. In this webinar, experts walk you through the ... [View More Dark Reading Webinars >>]( WHITE PAPERS - [Breaches Prompt Changes to Enterprise IR Plans and Processes]( - [6 Elements of a Solid IoT Security Strategy]( - [Incorporating a Prevention Mindset into Threat Detection and Response]( - [The Many Risks of Modern Application Development]( - [Endpoint Detection Net Suite Use Cases]( - [Optimizing Endpoint Protection]( - [Ambush Attackers at the Endpoint with the Endpoint Detection Net (EDN) Suite]( [View More White Papers >>]( FEATURED REPORTS - [Breaches Prompt Changes to Enterprise IR Plans and Processes]( - [Practical Network Security Approaches for a Multicloud, Hybrid IT World]( The report covers areas enterprises should focus on for their multicloud/hybrid cloud security strategy: -increase visibility over the environment -learning cloud-specific skills -relying on established security frameworks -re-architecting the network - [Understanding DNS Threats and How to Use DNS to Expand Your Cybersecurity Arsenal]( With attacks and breaches on the rise, enterprise security teams need full visibility over what they have in their network. DNS is a key tool for visibility and asset discovery. Proactive DNS-layer security - such as using DNS data to ... [View More Dark Reading Reports >>]( PRODUCTS & RELEASES [US Government and QuSecure Orchestrate First-Ever Post-Quantum Encryption Communication over a Government Network]( [Nearly Half of Enterprise Endpoints Present Significant Security Risks]( [Mozilla: EU's eIDAS Proposal Attracts Growing Criticism]( [Survey: Small Cybersecurity Teams Face Greater Risk from Attacks than Larger Enterprises]( [MORE PRODUCTS & RELEASES]( CURRENT ISSUE [Implementing Zero Trust In Your Enterprise: How to Get Started]( [DOWNLOAD THIS ISSUE]( [VIEW BACK ISSUES]( Dark Reading Daily -- Published By [Dark Reading]( Informa Tech Holdings LLC | Registered in the United States with number 7418737 | 605 Third Ave., 22nd Floor, New York, New York 10158, USA To opt-out of any future Dark Reading Daily Newsletter emails, please respond [here.]( Thoughts about this newsletter? 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