A ransomware gang claims to have stolen SIM card data and banking information in an attack on Schepisi Communications, a service provider to Australian telecommunications company Telstra, a local news outlet reports.
In light of the surge in ransomware attacks against universities, institutions need to make asset management a much higher priority, removing obsolete systems and upgrading essential systems to the latest version to avoid exploits of unpatched vulnerabilities, says Matthew Trump of the University of London.
The average amount of time that online attackers camp out in a victim's network - or "dwell time" - has been declining, FireEye's Mandiant incident response group reports. But the surge in ransomware accounts for some attacks coming to light more quickly because those attackers announce their presence.
Four editors at Information Security Media Group discuss timely issues, including how the zero-day attacks against Accellion File Transfer Appliance users have rewritten the rules of the cyber extortion game and former federal CISO Gregory Touhill taking on an important new role.
A cyberthreat gang that's been active since 2020 exploited a now-patched zero-day vulnerability in the SonicWall SMA 100 Series appliance to plant ransomware in attacks launched earlier this year, FireEye Mandiant researchers say.
A coalition of government agencies and security firms has released a framework for how to disrupt ransomware attacks that calls for expanded regulation of the global cryptocurrency market to better track the virtual coins paid to cybercriminals during extortion schemes.
Ransomware continues to prove a reliable moneymaker for criminals, with the average cyber extortion payoff rising to $220,298, reports ransomware incident response firm Coveware. Zero-day attacks and shakedowns targeting Accellion File Transfer Appliance users helped boost criminals' profits.
Guy Caspi, CEO of Deep Instinct, is so sure of the power of his company’s ransomware defense solution that he’s now offering a performance guarantee that includes a warranty of up to $3 million per company, per breach. What gives him such confidence?
Following news reports of ransomware attackers targeting QNAP Systems' network-attached storage appliances, encrypting users' data and then demanding a ransom, the company is urging users to immediately install a malware remover and run a malware scan.
The latest edition of the ISMG Security Report features an analysis of ransomware gang REvil’s threat to release stolen Apple device blueprints unless it receives a massive payoff. Also featured: discussions of the importance of a “shift left” strategy and efforts to secure cryptocurrencies.
Multi-Factor Authentication (MFA) can be a highly effective way to safeguard your organization’s data, but that doesn’t mean it’s unhackable. And nobody knows that better than award-winning author and Data-Driven Defense Evangelist at KnowBe4, Roger Grimes. While researching his most recent book Hacking...
The REvil - aka Sodinokibi - ransomware gang is threatening to release stolen Apple device blueprints unless it receives a massive payoff. The extortion threat - with a reported $50 million opening demand - was unveiled hours before Apple made a series of major new product announcements.
Ransomware attacks now routinely feature multifaceted extortion efforts, and defenses need to evolve, says Stuart McKenzie of FireEye, who offers an analysis of the findings of the FireEye M-Trends 2021 report.
The Babuk ransomware gang launched a public relations campaign Saturday, posting a message on its website saying it had repaired a defect in the decryptor it provides to victims who pay the ransom demand.
The University of Hertfordshire has sustained a cyber incident that severely affected students' online classes and an assignment submission portal. The university, however, notes the incident did not lead to data theft.
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