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.
A newly discovered mobile ransomware strain called Filecoder.C is targeting Android devices through malicious links in online forums and then spreading via contact lists through SMS messages that attempt to entice others to install an app, according to research by the security firm ESET.
JPMorgan Chase researchers have published a new paper describing their efforts at developing a novel "early warning" system based on artificial intelligence algorithms that can detect malware, Trojans and other advanced persistent threats before the phishing campaign that targets the bank's employees even starts.
Three years since its launch, the No More Ransom portal has assisted 200,000 ransomware victims and stopped $108 million from being paid in ransom, according to Europol - one of its founding partners.
A medical center and a children's hospital in Puerto Rico are victims of a recent ransomware attack impacting a total of more than a half million individuals. The combined incident is the largest ransomware breach reported to federal regulators so far in 2019. How is this threat evolving?
Marcus Hutchins, who rose to fame by helping to stop the WannaCry ransomware attacks, was spared jail time on Friday after pleading guilty earlier this year to creating the Kronos banking malware.
City Power, the local electrical utility that powers Johannesburg in South Africa, is recovering Friday after an unknown ransomware variant that locked-up the company's applications, network and databases for most of the day on Thursday. The attack knocked out power and services for some residents for most of the day,...
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