The U.S. is setting up a Joint Ransomware Task Force, headed by the Cybersecurity and Infrastructure Security Agency and the FBI, as well as two international initiatives, chaired by the Department of Justice, to tackle illegal cryptocurrency activities related to ransomware.
In this edition, Ari Redbord and Grant Schneider join ISMG editors to discuss the challenges ahead for the U.S. government as it plans to roll out EDR deployments at more than half of federal agencies this year, how stable the stablecoin economy really is and how to improve industry collaboration.
The healthcare services in the island country of Greenland, an autonomous Danish dependent territory, have been crippled by a cyberattack that began on May 9, 2022. Healthcare executives continue to face IT challenges to date, including lack of access to patient records and email services.
Microsoft has observed a 254% increase in activity over the past six months from a Linux Trojan called XorDdos. First discovered in 2014, XorDdos was named after its denial-of-service-related activities on Linux endpoints and servers and its usage of XOR-based encryption for its communications.
There has been a rise in crypto fraud, and a substantial portion of it can be attributed to stimulus funding and paycheck protection programs, says David Britton, vice president of strategy, global ID and fraud at Experian. He discusses new authentication methods and stricter regulations.
In the latest update, four ISMG editors discuss the alarming, bizarre case of a cardiologist in Venezuela charged with developing malware and recruiting affiliates, recent ransomware and data leak incidents in healthcare and how the economy is causing mature cybersecurity startups to slow hiring.
When Colonial Pipeline suffered an outage in May 2021 as a result of an attack by the DarkSide crime syndicate, numerous governments changed their approach to ransomware and began treating it as a national security threat, says Rapid7's Jen Ellis. She details what needs to happen next.
The U.S. Department of Justice has revised its policy on who it charges with violations under the Computer Fraud and Abuse Act. The DOJ now specifies that good-faith security research and researchers cannot be charged under the CFAA because they help improve cybersecurity standards.
Federal authorities are alerting healthcare sector entities of threats posed by Russian state-sponsored cyber groups, including some linked to attacks on pharmaceutical and related firms. Meanwhile, other ransomware gangs continue their assaults on a variety of U.S. medical facilities.
The Russian-language criminal syndicate behind the notorious Conti ransomware has retired that brand name, after having already launched multiple spinoffs to make future operations more difficult to track or disrupt, threat intelligence firm Advanced Intelligence reports.
Two recent apparent ransomware attacks on health plans have potentially affected hundreds of thousands of individuals. One of the incidents allegedly involved the Conti ransomware group, and the other allegedly involved Hive. One of the health plans is already facing legal fallout.
Attackers who successfully infect targets with ransomware primarily first gain access by exploiting poorly secured remote desktop protocol or VPN connections or by using malware-laden phishing emails, reports security firm Group-IB, based on more than 700 attacks it investigated in 2021.
The latest edition of the ISMG Security Report analyzes the changes in the ransomware landscape one year after the attack on Colonial Pipeline. It also revisits the Ryuk ransomware attack on a school district in Illinois and examines common culprits hindering effective Zero Trust adoption.
Alberto Hasson, the CISO at ICL Group, discusses how to avoid becoming the next victim of a ransomware or other malware attack. He outlines what defenders can do to close gaps in their defense strategies and how they can mitigate attackers' ever-evolving tactics.
North Korean information technology workers have been attempting to obtain employment in public and private sectors in the United States to fund their home country's weapons of mass destruction and ballistic missiles programs, according to an advisory from U.S. federal agencies.