Bad news on the ransomware front: Victims that choose to pay attackers' ransom demands - in return for the promise of a decryption tool - last quarter paid an average of $84,116, according to Coveware. But gangs wielding Ryuk and Sodinokibi - aka REvil - often demanded much more.
Attackers are hitting unpatched Pulse Secure VPN servers with Sodinokibi - aka REvil - ransomware, British security researcher Kevin Beaumont warns. Pulse Secure says that although many organizations have installed the critical April 2019 patch, holdouts persist.
Accenture plans to buy the former Symantec Cyber Security Services business from Broadcom for an undisclosed sum, the two companies announced Tuesday. The deal comes only five months after Broadcom paid $10.7 billion for Symantec's entire enterprise security division.
A persistent question over the past several years is which managed service providers were affected by APT10, a tenacious Chinese hacking group. But a Wall Street Journal investigation on Monday has revealed new companies affected by Cloud Hopper attacks.
Sodinokibi/REvil appears to be making millions since it seized the ransomware-as-a-service mantle from GandCrab earlier this year. Security firm McAfee says up to 40 percent of every victim's ransom payment - average: $4,000 - gets remitted to the Sodinokibi actor, with "affiliates" keeping the rest.
A hacker group called Tortoiseshell has been hitting targets in the Middle East since at least July 2018, apparently targeting IT service providers to gain access to many potential targets at once. The campaign is fresh proof that criminals and nation-state attackers alike continue to favor supply chain attacks.
Third-party risk has emerged as one of 2019's top security challenges, and the topic was the focus of a recent roundtable dinner in Charlotte. RSA's Patrick Potter attended that dinner and shares insight on how security leaders are approaching this aspect of digital risk management.
Digital transformation impacts the way that organizations deal with cybersecurity risk, says Tim Wilkinson of Avast Business, who provides advice on how to place security at the center of the transformation.
For a managed security service provider to deliver maximum value for customers, it needs to provide a hybrid approach that delivers not only actionable security information but also context, says Matt Peters of Expel.
The Trump administration has launched a public awareness campaign, spearheaded by the National Counterintelligence and Security Center, urging the U.S. private sector to better defend itself against nation-state hackers and others who may be trying to steal their sensitive data or wage supply chain attacks.
Managed security services providers are playing an important role in helping organizations cope with hiring challenges and meet regulatory compliance requirements, says Kartik Shahani, director of channels for APJ at RSA.
Managing sensitive financial information and combatting cyberthreats often means finding efficiencies to do more with less. Modestly staffed IT teams often find themselves overwhelmed and challenged to complete projects that benefit the top line while also improving their cybersecurity maturity and meeting compliance...
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Cloud-based security services...
How can organizations get the most out of partnering with managed security services providers and avoid common pitfalls? Cybersecurity consultant Vito Sardanopoli, an experienced CISO, offers top tips.