Cyber insurance provider Coalition Inc. says its clients' average claims for losses when they were hit by a ransomware attack totaled $184,000 in the first half of this year, down 45% compared to the second half of 2020. Negotiating lower ransoms and more efficient recovery were key factors.
The Israeli government paid a visit on Wednesday to NSO Group, the company whose spyware is alleged to have been covertly installed on the mobile devices of journalists and activists. The visit comes as Israel faces growing pressure to see if NSO Group's spyware, called Pegasus, has been misused.
Collaboration and information sharing among stakeholders - and influencing them to take a proactive approach to cybersecurity - are critical steps in fighting against cyberthreats, says Narendra Mainali, CISO of NIC Asia Bank of Nepal.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the use of commercially available spyware and security risk management in the telecom sector.
A short-lived outage at the content delivery network supplier Akamai on Thursday which briefly knocked offline many corporate websites, is another indicator that companies need resiliency built into their systems. That means they should avoid relying on just one CDN provider, security experts say.
A patch is forthcoming for a privilege escalation vulnerability in the Windows operating system that can allow hackers to gain a foothold. Meanwhile, Linux OS users also need to adopt system upgrades to fix a flaw, and Oracle and Juniper have announced product patches.
Global research uncovers IT security leaders’ key strategies for cloud complexity, remote work and supply chain attacks.
Security organizations have always been hard-pressed to keep up with the rising tide of data, the ever-expanding perimeter, and the increasing frequency and sophistication of attacks. Our...
As both internal and external business pressures continue to heighten the focus on the Risk Management function, the interest in improving the executive level understanding of risk reporting is also rapidly growing. Typically, the gap that exists stems from the lack of a common language for risks and mitigating or...
Many security experts and analysts are applauding the U.S. for calling out China's cyber behavior, especially after the White House had focused so much attention on Russia's cyber activities. But some are calling for bolder action.
The leaking of an alleged target list of 50,000 individuals, tied to users of NSO Group's Pegasus spyware, has prompted questions over the scale of such surveillance operations, if the use of commercial spyware gets sufficiently policed and whether the sale of spyware to certain countries should be blocked.
The blockchain analysis firm Elliptic offers a step-by-step case study, based on its research, of how one victim of the REvil ransomware gang negotiated a lower ransom payment. The study offers insights into how REvil operated before its online infrastructure disappeared last week.
The U.S. has indicted four Chinese nationals working with the nation's Ministry of State Security in connection with an alleged hacking campaign conducted from 2011 to 2018 that targeted universities and government entities to obtain trade secrets, medical research and other intellectual property.
Three federal agencies released a 31-page Joint Cybersecurity Advisory Monday that describes 50 tactics, techniques and procedures that Chinese state-sponsored cyberattackers are using to target organizations in the U.S. and allied nations.
The U.S and its allies formally accusing China of cyberattacks on Microsoft Exchange servers comes as no surprise because it's "indicative of the behavior of the administration in China for many years now," says Cybereason CSO Sam Curry.
Google will soon release a security update to address eight vulnerabilities in its Chrome browser, including a high-severity zero-day flaw that's being exploited in the wild. It also plans to upgrade all Chrome page loads to HTTPS.
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