The section chief of the FBI's Cyber Division says "the FBI does not condone payment of ransom," in part because it enables criminals to victimize others. Instead, the bureau continues to urge all potential victims to get their IT house in order.
Have you tested things before they break? Could an email be a trap? In honor of Star Wars Day, we proudly present essential cybersecurity lessons as derived from - and delivered via - the wisdom and wit of the iconic space opera.
Following the theft of $81 million from Bangladesh Bank, is it time for banks to make SWIFT money transfers less automated and better supervised and thus secure? An alleged scam from the days of telex machines and code books offers useful perspective.
Just six months after law enforcement agencies coordinated a takedown to disrupt online banking credential theft linked to the banking Trojan Dridex, the malware has re-emerged with new attack tactics and new targets, researchers say. U.S. bank accounts and businesses are now primary targets.
The Verizon 2016 Data Breach Investigations report finds malware, ransomware and phishing attacks are more common than ever and creating even more damage. Organizations are continuing to get exploited via vulnerabilities that are months or even years old, forensics expert Laurance Dine explains in this interview.
Proposed new federal regulations would end the HITECH Act electronic health records "meaningful use" incentive program for physicians treating Medicare patients and replace it with a simplified program as part of a sweeping payment revamp. What impact would the Medicare change have on data security requirements?
Prosecutors have expanded a complex case, involving an alleged pump-and-dump stock scheme, hacking into U.S. banks and operating an unlicensed bitcoin exchange, to include money-laundering charges related to processing bitcoin ransoms paid by ransomware victims.
Two of the hacker masterminds behind the notorious SpyEye malware have each received lengthy prison sentences after pleading guilty to related charges in U.S. federal court. But alleged Zeus creator and accomplice Evginy Bogachev remains at large.
What could be worse than a ransomware infection? How about getting infected by "torture ransomware" that uses a sadistic puppet to taunt you, slowly deleting your encrypted files while increasing the ransom demand until you pay?
Attackers have been exploiting JBoss application servers to install remote-control web shells as part of a campaign that targets enterprises with network-hopping SamSam (a.k.a. Samas) ransomware, researchers at Cisco Talos warn.
Russian authorities have reportedly sentenced Dmitry "Paunch" Fedotov, the developer of the notorious Blackhole exploit kit that's been linked to large amounts of fraud, to seven years in prison - an unusually severe sentence for online crime in that nation.
A federal court's recent rejection of a motion filed by health insurer Anthem Inc. in its attempt to fight a class-action lawsuit in the wake of its massive data breach is important because it upholds the privacy rights of breach victims, says attorney Steven Teppler.
Is it ever acceptable for ransomware victims to pay a ransom to obtain the decryption key required to restore access to their data? Due to poor preparation, many organizations continue to face that question.