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.
As Cybersecurity Awareness Month kicks off this week, U.S. President Joe Biden has weighed in on his administration's efforts to curb cyberattacks and bolster the federal government's security posture.
The death of a baby born with complications during a 2019 ransomware attack on an Alabama hospital – one that left clinicians unable to access electronic health records and patient monitoring systems - is intensifying the spotlight on the potentially fatal consequences of such cyber incidents.
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.
A bipartisan effort to implement cybersecurity incident reporting and the tracking of ransomware payments has been introduced by leaders of the Senate Homeland Security and Governmental Affairs Committee. While it differs from legislation introduced in July, lawmakers hope to reconcile the bills.
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.
Rant of the day: Are we getting hacked because we now work remotely in the new normal? No, we're being hacked because we're not managing our risks and being lazy - and because the CISO is not being heard.
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.
Hacking incidents - especially those involving ransomware attacks and vendors - continue to rack up some of the largest victim counts in major health data breaches being reported to federal regulators in 2021. Will the trend continue?
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.
For combating ransomware, doing the security basics is essential, including keeping systems updated and patched. Don't follow in the footsteps of one technology firm, which Sophos found got hit by Cring ransomware after attackers exploited ColdFusion software that hadn't been patched in 11 years.
GSS, the Spanish and Latin America division of Europe's largest call center provider - Covisian, has informed customers that it has been subjected to a ransomware attack that froze its IT systems and crippled call centers across its Spanish-speaking customer base.
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