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.
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.
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.
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.
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.
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.
Federal authorities are warning the healthcare and public health sectors of aggressive, financially motivated attacks by the Hive ransomware group, which has been linked to a number of attacks on healthcare sector entities. Some security experts are urging such entities to fortify their defenses.
The Conti ransomware gang has claimed responsibility for the March 31 cyberattack on German wind turbine manufacturer Nordex, which was forced to turn off its IT systems at multiple locations across several business units. The Russia-linked threat group has added Nordex as a victim on its leak site.
Ransomware and nation-state threats are daunting. But the threat that concerns Mustapha Kebbeh the most is supply chain risk. The Brinks CISO discusses how he has tackled this, as well as the challenges of tool complexity and peer collaboration.
A surprising improvement in loss ratios for cyber insurance providers in 2021 means the rapid rise in premiums might at last subside later this year. The loss ratio declined for the first time since 2018 despite the frequency and severity of claims filed for cyberattacks increasing again in 2021.
New legislation mandating cyber incident reporting for critical infrastructure providers within 72 hours, and the reporting of ransom payments within 24 hours, is "groundbreaking," says former National Security Agency deputy commander Tim Kosiba, CEO of security firm bracket f.
Microsoft says it has seized control of 65 domains that the ZLoader gang has been using to grow, control and communicate with its botnet. ZLoader, a descendant of the ubiquitous Zeus banking malware, is run by a global, internet-based, organized crime gang operating malware as a service.
Accenture's new ransomware report reveals key challenges in executing an effective communications plan. Robert Boyce, managing director of global cyber response, discusses why existing recovery strategies aren't enough and offers practical steps for managing a ransomware response.
KKR plans to buy Barracuda Networks to support growth in managed detection and response, extended detection and response, and secure access service edge. KKR plans to provide resources and expertise to fuel Barracuda's growth past the $500 million sales figure it hit under Thoma Bravo's ownership.
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