Infosecurity Magazine

Infosecurity Magazine has more than a decade of expertise in delivering valuable information about the information security sector. With its award-winning articles, the magazine offers engaging features both in digital and print formats. It covers trending topics, provides detailed news analysis, and includes opinion pieces from leading professionals in the industry.

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#Infosec2025: Ransomware Drill to Spotlight Water Utility Cyber Risks

5 days ago | infosecurity-magazine.com | Kevin Poireault

In the face of growing geopolitical instability, critical infrastructure organizations face an unprecedented level of cyber threats, putting their operations, data and very existence at risk. Water utilities are prime targets, as our daily lives and activities are heavily reliant on water supplies and wastewater processes. The consequences of a breach could be catastrophic, disrupting essential services and potentially impacting public health.
Acreed Emerges as Dominant Infostealer Threat Following Lumma Takedown

5 days ago | infosecurity-magazine.com | Kevin Poireault

An infostealer strain known as ‘Acreed’ could become the new market leader in credential theft malware, according to ReliaQuest. The cybersecurity company’s threat research team investigated Russian Market, one of the most popular platforms for selling and buying stolen credentials on the dark web. Its report, published on June 2, showed that Lumma Stealer, also known as LummaC2, accounted for nearly 92% of Russian Market credential log alerts in the last quarter of 2024.
Mandatory Ransomware Payment Disclosure Begins in Australia

1 week ago | infosecurity-magazine.com | James Coker

New ransomware payment reporting rules have come into effect in Australia from today (May 30), applying to all organizations with an annual turnover of AUS $3m ($1.93M). The provisions, outlined in Australia’s Cyber Security Act 2024, also apply to private companies that operate critical infrastructure assets in the country.
US Banks Urge SEC to Repeal Cyber Disclosure Rule

1 week ago | infosecurity-magazine.com | Kevin Poireault

The US banking industry is lobbying to rescind one of the US Securities and Exchange Commission’s (SEC) latest rules on cyber incident reporting. The group includes the American Bankers Association (ABA), the Bank Policy Institute (BPI), the Securities Industry and Financial Markets Association (SIFMA), the Independent Community Bankers of America (ICBA) and the Institute of International Bankers (IIB).
FBI Flags Philippines Tech Company Behind Crypto Scam Infrastructure

1 week ago | infosecurity-magazine.com | James Coker

The FBI has issued a warning about the illicit activities of a Philippines-based company, which provides technology infrastructure behind the majority of cryptocurrency investment fraud (CIF) scams in US. Funnull Technology Inc. (Funnull) provides hosting services and other internet infrastructure to a range of groups performing such scams. It does so by acquiring IP addresses and other facilities from legitimate providers in the US and selling them to cybercriminals.
UK MoD Launches New Cyber Warfare Command

1 week ago | infosecurity-magazine.com | James Coker

The UK Ministry of Defence (MoD) has announced a new Cyber and Electromagnetic Command and £1bn worth investment to boost the armed forces’ digital warfare capabilities. The new command will be in charge of defending UK military networks from rising cyber-attacks, and coordinate offensive cyber operations with the previously established National Cyber Force (NCF). It will be headed up by General Sir James Hockenhull.
CISA Urged to Enrich KEV Catalog with More Contextual Data

1 week ago | infosecurity-magazine.com | Kevin Poireault

In a new report, application security provider OX urged the US Cybersecurity and Infrastructure Security Agency (CISA) to add more context to its Known Exploited Vulnerabilities (KEV) catalog. After analyzing 10 common vulnerabilities (CVEs) in CISA’s KEV list across over 200 cloud environments, the OX researchers found that none posed any actual risks to cloud containerized environments.
ConnectWise Confirms Hack, “Very Small Number” of Customers Affected

1 week ago | infosecurity-magazine.com | Kevin Poireault

ConnectWise, the developer of remote access and support software ScreenConnect, has confirmed it was targeted by a cyber-attack from a nation-state threat actor. In a message sent to Infosecurity, a ConnectWise spokesperson said, “We recently learned of suspicious activity within our environment that we believe was tied to a sophisticated nation-state actor, which affected a very small number of ScreenConnect customers.”The firm did not provide any details on the intrusion.
Thousands of ASUS Routers Hijacked in Stealthy Backdoor Campaign

1 week ago | infosecurity-magazine.com | Kevin Poireault

Hackers have gained unauthorized, persistent access to about 9000 ASUS routers in an ongoing exploitation campaign, according to cyber intelligence firm GreyNoise. Unlike typical malware attacks, the attackers maintain long-term access without dropping malware or leaving traces. Instead, the operation uses the routers’ own legitimate features to create persistent backdoors that survive firmware updates and reboots.
Cybersecurity Teams Generate Average of $36M in Business Growth

1 week ago | infosecurity-magazine.com | James Coker

Cybersecurity teams have become a significant contributor to business growth, contributing a median value of $36m per enterprise initiative they are involved in. Despite this, the Ernst & Young (EY) survey of global security leaders found that cybersecurity budgets have declined by around half as a percentage of annual revenue in the past two years, from 1.1% to 0.6%. This suggests that many organizations do not yet recognize investing in cybersecurity as a value-creating opportunity.