As if ransomware wasn't already bad enough, more gangs are now exfiltrating data from victims before leaving systems crypto-locked. Seeking greater leverage against non-paying victims, Maze and Sodinokibi attackers are not just threatening to leak stolen data; they're also following through.
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.
Attackers are hitting unpatched Pulse Secure VPN servers with Sodinokibi - aka REvil - ransomware, British security researcher Kevin Beaumont warns. Pulse Secure says that although many organizations have installed the critical April 2019 patch, holdouts persist.
The Maze gang crypto-locked Georgia cable and wire manufacturer Southwire's systems and publicly dumped stolen data to try to force it to pay a ransom. In response, Southwire has sued its attackers and obtained a court order in Ireland that knocks the gang's "name and shame" site offline.
The cybersecurity outlook for 2020 and the new decade will be characterized by more advanced, targeted and coordinated attack vectors designed to exploit the cybersecurity skills shortage, along with congenitally poor security fundamentals and hygiene.
The U.S. Coast Guard issued a security alert this month after a ransomware attack took down the IT network of an unnamed maritime facility. Investigators believe that the incident involved the Ryuk ransomware strain and started with a phishing email.
Warning: Attackers wielding LockerGoga and MegaCortex ransomware have been hitting large corporate networks, sometimes first lingering for months. That's according to a new FBI flash alert, as reported by Bleeping Computer, which essentially tells would-be victims: Please, get your defenses in order now.
Spear phishing emails remain the most popular attack avenue for the bad guys, yet most companies still don't have an effective strategy to stop them. This enormous security gap leaves you open to business email compromise, session hijacking, ransomware and more. Don't get caught in a phishing net! Learn how to avoid...
The year 2019 saw a marked increase on breach responses services for small-to-midsized businesses. Kristin Judge, CEO of the Cybercrime Support Network, outlines the state of cybersecurity for the midmarket.
Tom Kellermann, former cybersecurity adviser to the Obama administration, doesn't mince words when he describes the nation-state threat to the U.S. as the "axis of evil in cyberspace." Nor does he hold back about the threat from destructive attacks, 5G deployment and other trends to watch in 2020.
The gang behind Maze ransomware now lists 21 alleged victims on its website that it says have not paid a demanded ransom, including the Florida city of Pensacola. But Canadian construction firm Bird, which was listed as a victim, subsequently disappeared from the list.
Ransomware: It's the cybercrime "gift" that won't stop taking. What can organizations do to improve prevention, detection and response in 2020? Ex-FBI leader MK Palmore of Palo Alto Networks shares his insights.
While run-of-the-mill ransomware attacks continue, some crypto-locking malware gangs are bringing more advanced hacking skills to bear against targets, seeking the maximum possible payout, says cybersecurity expert Jake Williams of Rendition Infosec, who dubs the trend "ransomware 2.0."
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.
The latest edition of the ISMG Security Report discusses the recent ransomware attacks on the city of New Orleans as well as other units of local government and schools. Also featured: discussion on security issues for IoT and legacy medical devices.
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