We know they are coming, and yet we are still ill-prepared. Cybereason surveyed 1,200 global cybersecurity professionals on ransomware. And while most are concerned about attacks, nearly one-quarter have no contingencies for weekends and holidays - the favored strike time. Sam Curry explains why.
The latest edition of the ISMG Security Report features an analysis of how cybercriminals are turning to cryptomixing services to conceal the proceeds of ransomware activities from law enforcement officials. Also featured: Criminals exploit a misconfigured FBI server and the future of zero trust.
This is the second episode of "The Ransomware Files," a podcast miniseries focused on stories of resilience in the fight against ransomware. An Australian company, Matthews, saw its backups corrupted and attackers release its data. The company recovered however, and has greatly improved its IT security defenses.
The specter of the May attack on Ireland's national health service loomed large at the IRISSCON 2021 cybercrime conference in Dublin, as cybersecurity experts gathered to detail the ongoing rise of ransomware and other types of online crime, as well as how to best combat such attacks.
The network detection and response market is "relatively unchallenged at this point by other markets," and detection is the most important use case, says Nat Smith of Gartner, who shares key findings from the company's report titled Emerging Trends: Top Use Cases for Network Detection and Response.
Ari Redbord of TRM Labs, who has had an extensive career in law enforcement, points out that 2020 was a pivotal year for putting cybersecurity on the agenda throughout the government. He discusses securing cryptocurrecy, the blockchain and other elements of the "digital battlefield."
The Emotet botnet, which was hampered by law enforcement actions earlier this year, is making a comeback. The resurgence appears to be due to help from old friends: cybercriminals running the Trickbot botnet. Unfortunatel,y the development may fuel more ransomware attacks.
The U.S. and Israel will expand their diplomatic relationship around cybersecurity, announcing a bilateral task force this week that will support cybersecurity and fintech innovation. The news follows recent action by the U.S. Department of Commerce to blacklist Israeli spyware firm NSO Group.
Dutch police have detained Moscow businessman Denis Dubnikov after the U.S. accused him of receiving bitcoins worth $400,000 paid to Ryuk as ransoms by its victims. The U.S. is seeking to extradite the suspect, as the Biden administration's crackdown on ransomware continues.
The top cybercrime threats facing organizations in Europe and beyond include ransomware affiliate programs, more sophisticated mobile malware and cryptocurrency-hawking investment fraud, among other types of crime, according to Europol's latest Internet Organized Crime Threat Assessment.
Four editors at ISMG discuss important cybersecurity issues, including law enforcement agencies' crackdown on ransomware operations, how banks are building their technology stacks to counter card fraud and whether the "work from anywhere" model is beneficial for employees in the long term.
The latest edition of the ISMG Security Report features an analysis of the progress made by law enforcement agencies in the effort to crack down on ransomware. Also featured: Evil Corp banking malware still active; XDR market trends.
A criminal hack attack has disrupted healthcare in Canada's easternmost province and resulted in the theft of patient information and personal details for healthcare employees. The province of Newfoundland and Labrador disclosed the apparent ransomware attack on Oct. 30, and has yet to restore all systems.
Before cybercriminals shifted heavily into ransomware, there was banking malware: sophisticated programs designed collect login credentials and intervene in transactions. A campaign using the Dridex banking Trojan has appeared in Mexico, says Metabase Q, a security company.
As ransomware attacks continue to dominate headlines, Quentyn Taylor, a Canon director of information security, cautions organizations not to forget about "some of the other threats, like business email compromise," which continue to cripple organizations through financial and reputational damage.
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