The government of Puerto Rico announced an investment of $7.6 million toward strengthening cybersecurity on the island. The island has undergone a string a embarrassing cybersecurity incidents, including a phishing incident that stole $2.6 million of taxpayer dollars.
Ransomware attackers executing double-extortion schemes very carefully choose which data to steal and leak based on victims' economic sector, says Erick Galinkin, artificial intelligence researcher at security firm Rapid7. He discusses the latest ransomware data theft trends.
Please don't pay ransoms, authorities continue to urge. Britain's lead cyber agency and privacy watchdog are now making that appeal directly to legal advisers, warning them that paying a ransom offers no data protection upsides and won't lessen any fine they might face.
Monsoon season in India can result in extreme rainfall but a ransomware attack in the southwestern state of Goa is preventing state authorities from obtaining data from flood monitors located on major rivers. The attack appears to have been made with a variant of Phobos ransomware.
Federal authorities are alerting healthcare and public health sector entities of threats involving North Korean state-sponsored "Maui" ransomware. Attackers use the malware to maliciously encrypt diagnostics procedures, medical imaging, and medical center intranet services.
As this technology is automated, it can also scan more accesses because a new rule doesn’t need to be created for each access. You can jump from a 1% audit rate to a 99% audit rate.
Four ISMG editors discuss important issues, including how Russia's cyber and kinetic wars in Ukraine have changed the cybersecurity landscape, what recent layoffs at cybersecurity firms mean for the industry and how cybercriminals are taking a page out of the white hat hacker playbook
The latest edition of the ISMG Security Report describes why firewalls and VPNs don't belong in Zero Trust design. It also discusses cybercriminals' evolving ransomware tactics and the devastating price of responding to a ransomware attack, as experienced by Travelex in 2019.
Ransomware-wielding criminals constantly refine their behavior and tactics to maximize the chance of a payday, and recently they have been implementing fresh strategies for monetizing stolen data, says Steve Rivers at threat intelligence firm Kela.
Chris Borales, senior product marketing manager for ThreatINSIGHT and security solutions at Gigamon, and Tony Morbin of Information Security Media Group discuss the findings of a recent survey of cybersecurity professionals about emerging security trends in 2022, conducted for Gigamon by ISMG.
Ransomware-as-a-service gang LockBit has set up a bug bounty program for its malware and for exploitable vulnerabilities it could use to further criminal activities. Whether the program will go as planned is an open question. The gang is offering $1,000 to $1 million in remuneration.
Unlocking the data generated by ransomware attacks is helping organizations better understand the risks, adopt defensive technologies and prepare for future attacks, says Wade Baker, partner at Cyentia Institute. He discusses new data on how quickly organizations are remediating vulnerabilities.
Ransomware group AvosLocker made use of unpatched VMWare Horizon applications to hack into an unidentified organization’s systems, says analysis from Cisco Talos. The race between systems administrators working to patch the Log4j vulnerability and hackers trying to exploit it is ongoing.
The Conti ransomware group officially pulled the plug on its operation in May. But experts say the group's activities have continued in the form of numerous already-launched subsidiaries or spinoffs, which appear to include Alphv/BlackCat, AvosLocker, Black Basta and HelloKitty, among others.
Ransomware has changed the risk landscape for suppliers and is forcing companies to reconsider their risk relationships, says Kelly White, co-founder and CEO of RiskRecon. He discusses the correlation between cyber hygiene, ransomware and data loss.
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