Four editors at ISMG discuss the percentage of banks hit by ransomware - and paying the ransom, the HHS warning to healthcare entities as they continue to be targeted by the Hive ransomware group and reports that the U.K. government has been infected with NSO Group spyware.
Skyrocketing attack rates, double and triple extortion, increasing ransom demands… cybercriminals are inflicting pain in every way imaginable when it comes to today’s ransomware attacks. And you need to be prepared to protect your network, NOW.
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Russian government hackers and cybercrime groups are teaming up to launch cyberattacks against the West in retaliation for its support of Ukraine. Some cybercrime groups have pledged to support the Russian government and threatened to go after countries providing material support to Ukraine.
Despite the recent leak of internal communications and code from the Conti ransomware group, the criminal enterprise appears to have continued operations without breaking stride, in part thanks to constant innovation, security researchers report.
Has the notorious REvil ransomware operation come back? Former developers may have restarted the server and data leak site. The original Happy Blog leak site began redirecting to the new blog, which lists both old and seemingly new victims, including Oil India Limited.
Fresh warnings are being sounded about the threat posed by semi-autonomous killing machines both on and above the battlefield, especially as lethal weapons continue to gain features that push them toward full autonomy. Experts say international norms and legal safeguards are overdue.
Speaking about his role as managing director, business information security, at financial giant State Street, TJ Hart says, "I wake up nervous, and I go to bed nervous." But he channels that energy into trying to better understand the threat landscape and use that data to make better business risk decisions.
The latest edition of the ISMG Security Report analyzes how the U.S. government is offering a reward of up to $5 million for information to help it disrupt the illicit flow of funds to North Korea. The report also examines approaches to enhance banks' cyber defenses and U.S. regulatory trends.
Phishing and ransomware were already critical threats before the health pandemic forced a sudden shift to remote working.
Osterman Research conducted an in-depth survey of security-focused professionals. Here are the key takeaways from the research:
Half of organizations believe they are effective at...
The Conti ransomware group has been targeting the U.S. and its allies since the beginning of the Russia-Ukraine war. But in the latest large-scale attack on a single country, Conti has reportedly targeted at least five Costa Rican government agencies and leaked nearly 40GB of exfiltrated data.
72% of companies expected to be harmed in 2023 by a collaboration-tool-based attack. While 90% of companies are already seeing an increase in phishing.
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Lynn Peachey, the director of business development at Arete Incident Response, says that insurance companies have made "a pretty quick turnaround in terms of trying to respond to the ransomware epidemic." She discusses the changes they are making, which include leveraging data quantification.
More than 670,000 individuals have been affected by two 2021 hacking incidents that were only recently reported to federal regulators. The breaches involve healthcare software and billing services firm Adaptive Health Integrations and urgent care provider Urgent Team Holdings.
VMware's Tom Kellermann is out with Modern Bank Heists 5.0, his latest look at the attackers and attacks targeting financial services. Subtitled "The Escalation," this report looks at the increase in destructive attacks, ransomware and hits on cryptocurrency exchanges. Kellermann shares insights.
Hours after global cryptocurrency exchange Currency.com announced it was halting operations in Russia, it faced - and thwarted - a distributed denial-of-service attack. The company's founder, Viktor Prokopenya, says the firm's "servers, systems and client data remained intact and uncompromised."
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