Beyond the kill chain: What cybercriminals do with their money (Part 3)
In the third of our five-part series, Sophos X-Ops explores the more legally and ethically dubious business interests of financially motivated threat actors
Bill Toulas reports: The decentralized exchange Cetus Protocol announced that hackers have stolen $223 million in cryptocurrency and is offering a deal to stop all legal action if the funds are returned. The project also announced a $5 million bounty to anyone providing relevant information leading to the identification and arrest of the attacker. Cetus…
The fallout from the massive Blackbaud breach is not over, it seems. Lydia Mills of Wiley Rein writes: Reversing the decision below, the Delaware Supreme Court held that a group of cyber liability insurers sufficiently pled a complaint for subrogation based on breach of contract. Travelers Cas. & Sur. Co. of Am. v. Blackbaud, Inc., 2026……
Gavin Reinke, Ashley Miller and Amanda Wellen of Alston & Bird write: On June 27, 2025, the District Court for the Middle District of Florida, on remand from the Eleventh Circuit, reversed course when it denied class certification to a group of plaintiffs who were purportedly impacted by a spring 2018 cyberattack on Brinker International,…
Cybersecurity researchers have discovered risky default identity and access management (IAM) roles impacting Amazon Web Services that could open the door for attackers to escalate privileges, manipulate other AWS services, and, in some cases, even fully compromise AWS accounts. “These roles, often created automatically or recommended during setup, grant overly broad permissions, such as full…
Yaminin Kahlia reports: Britain’s finance regulator confirmed new incident and third-party reporting rules on Wednesday, giving firms 12 months to prepare for clearer requirements aimed at strengthening resilience against cyber attacks and third-party disruptions. The new rules, which take effect on March 18, 2027, come after over 40% of cyber incidents reported to the Financial……
cPanel has patched a flaw that let an authenticated hosting customer execute SQL in the database’s root context, crossing the privilege boundary between a cPanel account and the server’s administrative database identity. It shipped in a targeted security release that closes two other routes past account boundaries. The database bug is tracked as CVE-2026-58048 (CVSS…