The ransomware threat is becoming increasingly pervasive. At least 10,000 different variants are victimizing organizations that thought they were well-prepared to tackle this growing menace, said Vishak Raman of Fortinet, which recently released a report on ransomware trends.
A Tennessee medical clinic and surgery center is still struggling to fully recover two weeks after a "sophisticated criminal cyberattack" - which included an attempt to steal data - forced the entity to take its IT systems offline and cancel most patient services.
Ransomware hackers' favorite currency is cryptocurrency. Digital assets transfer millions of dollars each year from victims to cybercriminals. But that dependency is also an opportunity for law enforcement to hit ransomware hackers in their most vulnerable spot.
When Russia launched its all-out war against Ukraine in February 2022, many cybersecurity watchers feared ransomware groups would serve as a proxy force. But Moscow doesn't appear to have deputized cybercrime-driven crypto-locking malware brigades.
Cybersecurity expert Mikko Hypponen recently got sent "LL Morpher," a new piece of malware that uses OpenAI's GPT to rewrite its Python code with every new infection. While more proof-of-concept than current threat, "the whole AI thing right now feels exciting and scary at the same time," he said.
The threat landscape is ever evolving. Modern threat actors constantly develop new tactics, techniques and procedures (TTP) so it's crucial to stay up to date with the latest strategies for protecting your organization.
Security experts from Unit 42™ have unveiled the most commonly observed TTPs in ransomware and...
Pharmaceutical giant Merck's insurers must cover the company's losses involving the 2017 NotPetya malware attack because the "all-risks" property insurance policies' "hostile warlike" exclusions do not apply to the incident, ruled a New Jersey appellate court this week.
2023 is the year of exposure, said Cyentia Institute's Wade Baker. Exposure dominated Cyentia research this year, and many breaches were linked to mistakes in vulnerability management and poorly managed identities. Organizations are struggling with prioritizing hardware and software vulnerabilities.
In the days between April 27 and May 4, the spotlight was on: a Royal ransomware attack on Dallas, Telecom giant T-Mobile's second breach in 2023, a ransomware attack disrupting water services in half a dozen southern Italian towns, a German IT services provider and the Atomic macOS Stealer.
White House cybersecurity priorities: The Biden administration continues to have a "relentless focus" on improving critical infrastructure security, disrupting ransomware and combating the illicit use of cryptocurrency, said Deputy National Security Adviser Anne Neuberger.
The lack of proper monitoring and logging can make it difficult for companies to effectively address breaches. Many companies do not have logs turned on or do not properly configure them to track and record what is necessary. Without logs, the response to a breach can be significantly slower.
Mass exploitation campaigns are the latest of many criminal innovations in 2023. Based on tracing ransom payments, they weren't very profitable. But ransomware actors do love their zero-days, said Allan Liska, principal intelligence analyst at Recorded Future.
A ransomware affiliate hacker known as "Bassterlord" has been involved with REvil, LockBit, Avaddon and Ransomware X. Jon DiMaggio, chief security strategist at Analyst1, convinced the hacker to talk about his hacking career in chats that might amount to the an exit interview.
A woman suing Lehigh Valley Health Network dropped her push for a court order requiring the medical center to pay ransomware hackers in exchange for their pledge to remove from the dark web partially naked exam room photos stolen during a hacking incident.
Organizations with a security-by-design approach need to go beyond being reactive to a proactive, offensive strategy to strengthen their security posture, says Mrutyunjay Mahapatra, member board of directors and chairman of the audit committee at Reserve Bank Innovation Hub.
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