To help mitigate the risks of state-sponsored cyberattacks against India's critical infrastructure - and improve detection and response - requires industry collaboration and information sharing, root cause analysis with specialized forensics, and better testing of code, a panel of experts says.
Brokerage account takeover, supply chain attacks, destructive attacks and those that seek to manipulate time or time stamps are among the latest threats uncovered in the new Modern Bank Heists report authored by Tom Kellermann at VMware Carbon Black.
The gang behind ransomware dubbed "Cring," which has waged a series of attacks this year, is exploiting a Fortinet VPN server vulnerability that the company patched in 2019, according to a report from the security firm Kaspersky that analyzes one attack in Europe.
Crisis communications: If your organization suffers a ransomware outbreak - despite its best cybersecurity efforts - is it ready to respond quickly and transparently? Experts have lauded the Scottish Environment Protection Agency for its response, saying it's a model for other victims to emulate.
How much does it cost to recover from a ransomware attack? For the Scottish Environment Protection Agency, which was hit by the Conti ransomware-wielding gang on Christmas Eve, reported cleanup costs have reached $1.1 million. SEPA is still restoring systems and has refused to pay any ransom.
The zero-day attacks against Accellion's File Transfer Appliance show that a number of big-name firms continued to use the legacy technology - even though more secure, cloud-based options were available. Evidently, many CISOs didn't see a compelling reason to move on. Of course, now they do.
Due to their unique ownership structure, for-profit law firms must balance targeted threats to their organization with a goal to minimize non-billable activity such as lengthy security procedures. This means cyber security can slip down the priority list until a breach occurs, exposing client data and sensitive market...
Left unsaid in Fat Face's "strictly private and confidential" data breach notification to affected customers this week was any indication that the fashion clothing retailer had paid a reported $2 million ransom to the Conti gang to unlock its systems. Fat Face has now confirmed the ransomware hit.
The FBI and the U.S. Department of Homeland Security have issued a warning about Mamba ransomware that uses a weaponized version of the legitimate, open-source encryption software DiskCryptor to lock victims out of their systems.
The latest edition of the ISMG Security Report features an analysis of recent “tell-all” interviews with members of ransomware gangs. Also featured: insights on securing IoT devices and mitigating insider threat risks.