Good news on the ransomware front: The average ransom paid by a victim dropped by 38% from Q1 to Q2, reaching $136,576, reports ransomware incident response firm Coveware. In addition, fewer victims are paying a ransom simply for a promise from attackers to delete stolen data.
Hack-for-hire group StrongPity deployed Android malware to target Syria's e-government site visitors as part of its latest cyberespionage campaign, a new report by security firm Trend Micro details.
With corporate America beginning to ask employees to come back to their offices in the fall, cybersecurity teams have a huge task before them to ensure their work environment is safe. This is particularly true of IoT devices, as many have been left unprotected for months.
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 massive cyberattack has disrupted container operations at a port in Cape Town, South Africa, and a port in Durban also was affected, Reuters reports.
This edition of the ISMG Security Report features an analysis of ongoing investigations into the use of NSO Group's Pegasus spyware to spy on dissidents, journalists, political rivals, business leaders and even heads of state - and discussion of whether the commercial spyware business model should be banned.
As ransomware continues to pummel organizations, if they do get hit, then from an incident response standpoint, what are the essential steps they should take to smooth their recovery? Veteran ransomware-battler Fabian Wosar, CTO of Emsisoft, shares essential steps and guidance for recovery.
Remote management software vendor Kaseya has obtained a decryption tool for all organizations affected by the massive ransomware attack launched via its software. The tool should especially help the many small businesses still struggling to recover. Kaseya declined to comment on how it obtained the decryptor.
Saudi Aramco, one of the world's largest oil and natural gas firms, has confirmed that company data was leaked after one of its suppliers was breached. Extortionists are reportedly demanding a $50 million ransom - payable in monero cryptocurrency - for a promise to delete the stolen data.
APT 31, a China-linked hacking group, is targeting French organizations by exploiting home and office routers in an espionage campaign, warns CERT-FR, the French government's computer emergency readiness team that's part of the National Cybersecurity Agency of France, or ANSSI.
Dutch police made two arrests this week in an effort to break up the alleged fraud-as-a-service syndicate known as "Fraud Family," which they say developed, sold and rented phishing frameworks to fraudsters who stole financial information.
What's up with REvil? Questions have been mounting since the notorious ransomware operation went quiet on July 13, not long after unleashing a mega-attack via remote management software vendor Kaseya's software. The Biden administration has welcomed REvil's online shutdown but says it doesn't know the cause.
Following revelations that commercial spyware vendor NSO Group was able to exploit the latest model of the Apple iPhone to install surveillance software, experts describe how Apple could be doing more to lock down its iOS mobile operating system as well as curtail attacks by making them much costlier to run.
Microsoft has announced the takedown of 17 domains that an unnamed threat group operating out of West Africa used to host fake Microsoft websites when conducting business email compromise attacks.
Can NSO Group and other commercial spyware vendors survive the latest revelations into how their tools get used? The Israeli firm is again being accused of selling spyware to repressive regimes, facilitating the surveillance of journalists, political opponents, business executives and even world leaders.
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