The cybercrime sector involves a rapidly growing services economy that provides everything from bulletproof hosting and stresser/booter DDoS on demand, to ransomware-as-a-service and sites that offer to launder bitcoins via a process known as tumbling.
Chipmaker Intel will spin out its Intel Security unit - once again named McAfee - with a value that's markedly lower than what it paid. Meanwhile, long-gone founder John McAfee is suing for the right to launch a new security company bearing his name.
A report on the implications of failing to notify manufacturers of security flaws in their medical devices and a conversation with internet co-founder Vint Cerf highlight the latest edition of the ISMG Security Report.
In their quest for easy ways to extort victims into giving them bitcoins, cybercriminals continue to double down on crypto-ransomware attacks and increasingly target enterprises, seeking proportionally higher paydays.
A report on an FBI warning to state election officials that their IT systems could be hacked leads the latest edition of the ISMG Security Report. Also, Australian officials mull bitcoin technology to secure elections.
To keep up with emerging threats, banks and other organizations in Saudi Arabia and throughout the region must develop much more mature incident response functions, says Mohammed Almozaiyn, who heads incident response for a leading Saudi bank.
A report exploring how some organizations have been stockpiling bitcoins to use to pay off attackers if, or when, they become victimized by ransomware attacks leads the latest edition of the ISMG Security Report.
Ransomware gangs increasingly target organizations - including hospitals and banks - that might be able to recover from such attacks, but not in a timely manner, says Verizon's Mark Rasch. Learn how well-honed incident response plans can help.
Too often when organizations get shaken down by online criminals, they panic, and in the process make the predicament they're facing even worse, warns digital forensic investigator Ondrej Krehel in this video interview.
The surge in data breaches and the pervasiveness of malware, especially ransomware, has led to a surge in security technology startup firms, which makes it much tougher for CISOs to choose the right business partners in the overcrowded marketplace, argues Raimund Genes, CTO at Trend Micro.
Hear ISMG editors untangle the various elements in the Shadow Brokers-Equation Group saga, evaluate a new anti-ransomware tool and reflect on the 10th anniversary of the PCI Security Standards Council in this edition of the ISMG Security Report.