The EU confirmed that it will activate its elite cybersecurity team to assist Ukrainians if Russian cyberattacks occur. The news follows rapid escalation in the Russia-Ukraine border conflict, where Russia has amassed over 100,000 troops and is reportedly considering full-scale invasion.
In 2021, there was a spike in cybercrime, and the focus changed for threat actors from several countries, particularly Russia and China. Cybersecurity firm CrowdStrike provides an overview of the changes, analyzes the takedown of Russian threat actor REvil and adds to its list of adversaries.
Are data breaches getting worse? So far for 2021, the number of records that were reportedly exposed declined slightly, while the total number of reported data breaches increased both in the U.S. and globally.
In the latest weekly update, four ISMG editors discuss how ransomware attacks got worse in 2021, the backlash from privacy experts sparked by the IRS' decision - now changed - to use facial recognition technology on American taxpayers, and why cybersecurity fosters competitive advantage.
Budget-strapped and short of cybersecurity talent, SMBs have a hard row to hoe when it comes to securing their businesses. Will Ehgoetz, manager of Threat Hunters at ActZero.ai, discusses the challenges SMBs face when they take a vector-by-vector approach to security.
Things are not always what they seem, says incident response expert Joseph Carson, pointing to a case involving ransomware that infected a company in Ukraine, but for which there was no external attack path. Ultimately, his investigation found that ransomware had been used to hide internal fraud.
By almost every measure, ransomware continues to get worse, not least in the average amount criminals receive when a victim chooses to pay a ransom. So say new reports assessing the volume and severity of ransomware attacks, the flow of cryptocurrency, attackers' target selection and more.
"All too often we hear that our industrial control systems have no security. That's not true," says Kevin Jones, group CISO of Airbus. In fact, he states, "some of these systems have been designed with security encapsulating them and security around them." He discusses enhancing cyber resilience.
People think cloud is a silver bullet, but it’s not. It's not even copper. And people think cloud it easy and someone else’s problem. But it's not. The cloud is nothing more than a highly resilient, outsourced data center with a lot of bells and whistles.
In case anyone doubts that Russia is the epicenter of ransomware operations, follow the money, as Chainalysis finds that "roughly 74% of ransomware revenue in 2021 - over $400 million worth of cryptocurrency - went to strains we can say are highly likely to be affiliated with Russia in some way."
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the BlackMatter ransomware group has rebranded itself yet again, how the DOJ confiscated stolen Bitcoin worth more than $4 billion and takeaways from a U.S. Senate hearing on open-source...
Ransomware attacks in 2021 amassed a record number of victims in critical infrastructure sectors across Australia, the U.K. and U.S., those countries' lead cybersecurity agencies warn. They share intelligence on attackers' latest tactics to better equip domestic organizations to defend themselves.
Are ransomware-wielding criminals running scared? That's one likely explanation for the sudden release this week of free, master decryption keys for three different strains of formerly prevalent ransomware: Maze, Sekhmet and Egregor.
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