As part of the U.S. government's continuing efforts to highlight the North Korean government's cyberattacks, the U.S. Treasury Department has sanctioned three alleged North Korean hacking groups that have been blamed for the WannaCry ransomware, online bank heists and destructive malware attacks.
Ransomware-wielding attackers treat infecting endpoints as a business and put customer relationship management principles to work, says Bill Siegel, CEO of ransomware incident response firm Coveware. He notes criminals "go after the low-hanging fruit because it's cheap and the conversion rate is high."
Cybercrime is surging thanks, in part, to the availability of inexpensive hacking tools and services. A recent look by security firm Armour at black market offerings finds stolen payment card data, RDP credentials, ransomware and DDoS services are widely available for sale.
In the past year, cybercriminals behind two of the biggest ransomware attacks have abandoned other techniques in favor of exploiting remote desktop protocol. Matt Boddy of Sophos explains why RDP attacks are so popular - and what you can do to discourage them.
Three weeks after a ransomware attack slammed 22 Texas municipalities' systems, state officials say more than half of the cities have returned to normal operations and the rest have advanced to system restoration. Meanwhile, officials have shared lessons learned for managed service providers and customers.
This week's ISMG Security Report takes a close look at whether an iPhone hacking campaign may be linked to Android spying campaigns by China. Plus: Do ransomware gangs target organizations that have cyber insurance?
Do criminal organizations prefer to target organizations that hold cyber insurance policies? A ProPublica report suggests that because cyber insurance policyholders are more likely to pay ransoms, they're a more frequent target. But some cybersecurity experts have expressed skepticism.
Mike Krygier of the New York City Cyber Command outlines threats to connected cities and critical infrastructure, including ransomware, and what steps can be taken to mitigate risks
In light of emerging cyberthreats, including ransomware, organizations must change how they assess their cyber insurance options, says Ken Suh of Beazley.
After two months of inactivity, the notorious Emotet botnet is poised to start delivering malicious code again; active command-and-control servers have been spotted in the wild, researchers at the security firm Cofense warn.
The latest edition of the ISMG Security Report analyzes the ransomware attack on Texas municipalities as part of a broader trend. Also featured: An initiative designed to safeguard the 2020 presidential elections and a CIO's third-party risk management efforts.
Ransomware-wielding attackers continue to target not just big businesses and large government agencies, but increasingly their smaller counterparts too. In Texas, officials say a campaign tied to a "single threat actor" infected 22 local government agencies on Friday.
State officials in Texas say that at least 23 local government entities have fallen victim to a coordinated ransomware attack unleashed on Friday morning. Security experts say attackers continue to pummel local governments, and illicit profits have been rising.
The news that serial entrepreneur Elon Musk and scientists have unveiled Neuralink - a neuroscience startup that's been in stealth mode for two years and aims to create a new computer/brain interface - might make you ask: What took him so long? Before signing up, just make sure it's immune to ransomware.
A new strain of ransomware called MegaCortex is beginning to fill part of the void left by GandCrab and other variants that have been discontinued, targeting large corporations with huge ransom demands, according to a new analysis released Monday by Accenture's iDefense.
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