How is the ransomware ecosystem set to evolve? Since some operations overreached - notably with DarkSide's hit on Colonial Pipeline - "what we're seeing … is that there is going to be a power balance shift," says McAfee's John Fokker, with more affiliates, not gang leaders, calling the shots.
Four ISMG editors discuss important cybersecurity issues, including law enforcement authorities' disruption of ransomware gang REvil's operations, how to collaborate as an industry to fight the surge in ransomware attacks hitting businesses, and increasing diversity and inclusion in the workplace.
The latest ISMG Security Report features the fallibility of ransomware gangs and why victims should always seek help from a reputable response firm, law enforcement or other qualified expert. Also featured: Data protection advice and why the remote work model might make securing data easier.
The U.S. Department of State will create a Bureau of Cyberspace and Digital Policy, led by a Senate-confirmed ambassador-at-large, to advance its cybersecurity diplomacy efforts, according to Secretary of State Antony Blinken. The move is a response to a challenging global threat landscape.
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The latest edition of the ISMG Security Report features an analysis of whether businesses are stepping up their ransomware defenses in response to several warnings released by the U.S. and U.K. governments highlighting the threat posed to infrastructure. Also featured are the Thingiverse data breach and airline fraud...
In a busy congressional day for cybersecurity legislation, the U.S. House of Representatives passed several bills on Wednesday, targeting both software supply chain and telecommunication system security. One observer describes them as "a win-win for the government and U.S. citizens."
When a business, government agency or other organization hit by ransomware opted to pay a ransom to its attacker in Q3, the average payment was $140,000, reports ransomware incident response firm Coveware. It says the attack landscape has seen some notable shifts since the Colonial Pipeline attack.
How many ways do U.S. businesses need to be told to lock down their systems to safeguard themselves from ransomware? That's the focus of a new, joint cybersecurity advisory from the U.S. government pertaining to BlackMatter, following an advisory issued last month about Conti.
Virtually every organization and industry today is at risk of being targeted by a ransomware attack, and those attacks are more devastating than ever. 2021 has already proven this new reality with major events affecting Colonial Pipeline, DC Police, Kia Motors, Acer and Kaseya - just to name a few.
In 2020, reports indicated that cyberattacks on the healthcare industry more than doubled from 2019, with
ransomware accounting for 28 percent of all attacks. Unlike previous attacks focused
primarily on providers, the COVID-19 pandemic
exposed vulnerabilities in the entire healthcare sector.
The latest edition of the ISMG Security Report features an analysis of the arrest of two suspects tied to a major ransomware group in Ukraine. Also featured: Introducing "The Ransomware Files" and defining the next-gen CISO.
Deepayan Chanda discusses the four principles of cybersecurity - reliability, accuracy, architecture and resiliency - that he believes cover most of the aspects of how CISOs can maintain the level of cybersecurity that their organzations need to sustain attacks.
Some of the highest-ranking cybersecurity officials in the U.S. government discussed the pervasive threat of ransomware on Tuesday, likening it to a clear issue of national security with the ability to inflict measurable damage on major world powers.
Police in Ukraine have arrested two members of a ransomware operation they say has targeted businesses in North American and Europe, leading to victim losses totaling at least $150 million. The operation also involved French cyber police, the FBI and Interpol, backed by Europol's European Cybercrime Center.