A ransomware attack has held London-based foreign currency exchange firm Travelex hostage since New Year's Day, the company confirmed Tuesday. It appears that the Sodinokibi group is behind the attack and is asking for millions from the company.
In the wake of the killing of an Iranian general in a U.S. drone attack last week, organizations - especially healthcare entities and units of government that have been vulnerable to ransomware attacks - need to be on guard against destructive "wiper" attacks, says Caleb Barlow of CynergisTek.
New Orleans is setting an aggressive pace to restore services after a ransomware attack crippled the city's IT systems: fixing more than 450 servers and 3,500 endpoints in just 48 hours. It's work that would normally take weeks to months, but the city plans to do it must faster.
A Canadian medical testing lab acknowledges that it paid a ransom to "retrieve" data stolen by hackers in an incident that apparently did not involve ransomware. Find out about the unusual details of this incident.
In this in-depth blog, a long-time cybersecurity specialist who recently joined the staff of Information Security Media Group sizes up evolving ransomware risks and offers a list of 11 critical mitigation steps.
A large Atlanta-area manufacturer of wire and cable says it has brought some systems back online after what appears to be a ransomware infection. Southwire Co., based in Carrollton, Georgia, tweeted on Thursday that "we are doing all we can to minimize and resolve this disruption."
The city of Pensacola, Florida, on Tuesday was still recovering from a Saturday ransomware attack that occurred just one day after a shooting incident at Naval Air Station Pensacola. But the FBI reports that it has not identified a connection between the incidents.
Uncover six security issues that can ruin any CISO's day, and learn how to prevent them.
CISO Alex is having a very bad day. His company's new app has critical vulnerabilities - a lot of them - and Alex has to get them all fixed before the app debuts at the launch party tonight. Can he beat the clock - and the...
Ransomware attacks have taken an unwelcome turn: The Maze gang reportedly has begun leaking a victim's files to create pressure to pay a ransom. Security experts say they're not surprised by this development, but note that given the different skills required, such tactics may not become widespread.
Dopplepaymer ransomware, despite ongoing rumors, is not being spread via the Teams collaboration platform or BlueKeep remote desktop protocol flaws, Microsoft says. But it warns that the damaging crypto-locking code is being spread via stolen Active Directory administrator credentials.
Pemex, Mexico's state-run oil company, is refusing to pay attackers a $5 million ransom after a ransomware attack against the firm's administrative offices, according to news reports. The company is still attempting to recover.
Nearly four months after Capital One revealed a massive data breach, Michael Johnson, the bank's CISO, is being moved into an outside advisory role, and the company is scouting for a new security leader, according to the Wall Street Journal.
Ransomware continues to be a highly profitable cybercrime. Ransomware incident response firm Coveware reports that for the third quarter of this year, the average ransom amount paid was $41,198, a six-fold increase from the same period last year, driven by strains such as Ryuk and Sodinokibi.
For Russian-speaking hackers, ransomware used to be taboo. But GandCrab killed all such ethical qualms, democratizing ransomware-as-a-service, paving the way for new profit-sharing schemes such as Sodinokibi and driving a new generation of attackers to master advanced hacking skills, a new report finds.