Some of the highest-ranking cybersecurity officials in the U.S. government discussed the pervasive threat of ransomware on Tuesday, likening it to a clear issue of national security with the ability to inflict measurable damage on major world powers.
The Data Security Council of India has issued an advisory about newly discovered ransomware Alkhal, which uses a strong encryption tool and has no known decryptor to recover lost data. The ransomware was likely discovered on Oct. 1 by security firms Malwarebytes and Cyclonis.
Police in Ukraine have arrested two members of a ransomware operation they say has targeted businesses in North American and Europe, leading to victim losses totaling at least $150 million. The operation also involved French cyber police, the FBI and Interpol, backed by Europol's European Cybercrime Center.
Four federal agencies have been awarded $311 million to bolster the U.S. government's cyber defenses and address IT modernization challenges, according to the interagency board of the Technology Modernization Fund, a federal funding source, which made the announcement Thursday.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including why enterprises need a multilayered approach to securing identity, how fraud will evolve in 2022 and the need to secure backdoors to prevent ransomware attacks.
The latest edition of the ISMG Security Report features an analysis of how a cryptocurrency exchange bug has revealed North Korean monero laundering. Also featured are cyber insurance trends and cybercrime innovation.
The pandemic and the rise in cyberattacks has put CISOs in a new spot, says Amit Dhawan, CISO and DPO at Birlasoft. He discusses why it's critical for them to understand business risks.
You can't decrease the motivation of ransomware attackers. But you can curb their success by bolstering your own enterprise's approach to access, credentials and privileges. Morey Haber and James Maude of BeyondTrust share insights on ransomware defense.
Ransomware continues to pummel every type of business, government agency and more. Given the massive profit-making potential ransomware still offers, aided by many organizations being under-defended, these criminals have continued to refine their technology, as well as extortion tactics, to hit more victims as quickly...
The world is experiencing a cybercrime pandemic, which is a direct consequence of COVID-19, according to Amit Basu, CISO and CIO at International Seaways. He offers proactive prevention measures, based on his own experience, for how organizations can stay safe and secure.
The Department of Health and Human Services has named Lisa J. Pino - a former Department of Homeland Security official charged with mitigating the massive 2015 cyberattack on Office of Personnel Management - as the new director of its HIPAA enforcement agency.
Ransomware-wielding attackers love to lie to victims. But REvil - aka Sodinokibi - has reportedly been running double negotiations to make affiliates think a victim hasn't paid a ransom, using a backdoor in the malware that allows administrators to decrypt victims' systems, so affiliates don't get their cut.
Four editors at Information Security Media Group discuss important cybersecurity issues, including the rise of quadruple extortion attacks employed by ransomware gangs, the FBI reportedly withholding the Kaseya ransomware decryption key for weeks, and raising security posture during a pandemic.
As the risks to IT and OT converge, organizations must use "zero trust" to verify user identities and build effective monitoring capabilities to track the behavior of privileged users, say Kartik Shahani of Tenable and Rohan Vaidya of CyberArk.
Dwell time, double extortion, supply chain attacks - ransomware has changed considerably over the course of the year, and CyberArk's Andy Thompson says there is much we can learn from the attacks - both the unsuccessful and successful ones - and how they take root.
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