Chinese threat actors may increasingly look to steal sensitive, encrypted data in hopes of decrypting it with quantum computing technology in the years ahead, according to a new report. Researchers say Chinese threat actors may target government, business and academic data with long-term value.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the status of the recommendations of the Cyberspace Solarium Commission today and what still needs to be enacted by the current Congress, addressing the increasing challenge of cyberattacks...
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.
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.
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 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.
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.
ISMG editors discuss: U.S. Sen. Angus King on the need for the federal government to form a clear, declarative cyber deterrence strategy, how CISA is ramping up efforts to support critical infrastructure defenses and the potential implications of the U.S. blacklisting of Israeli spyware firms.
The latest edition of the ISMG Security Report features insight from U.S. Sen. Angus King on why the federal government needs to declare a clear response to cybercriminals in order to deter them. Also featured: Ransomware affiliates gain power and promoting diversity of thought in cybersecurity.
CISA Director Jen Easterly and congressional leader John Katko, R-N.Y., agree that officials must take precautionary steps to identify "systemically important critical infrastructure" to reduce risks of pervasive supply chain cyberattacks.
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.
CISA announced that Washington Secretary of State Kim Wyman will be the agency's senior election security lead. She will become a top security official within the Biden administration, inheriting a role that has garnered public attention following interference in 2016 and fraud claims in 2020.
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.
Threat group FIN7 has set up a website posing as a security company to recruit talent, according to fraud intelligence company Gemini Advisory. The aim of the scam was to lure security researchers who could help the group with penetration testing-related activities to enable ransomware attacks.