This week's roundup of cybersecurity incidents around the world includes attacks on luxury car manufacturer Ferrari, the Indian health system and a Dutch maritime logistics company. Other data breach incidents involve the NBA, Lionsgate, the city of Oakland, McDonald's and Samsung.
As threat actors increasingly target smaller and less-prepared businesses, CISOs should consider consolidating similar security technologies onto a single platform in order to maximize the defender's advantage, says Vijendra Katiyar, country manager for Trend Micro in India and the SAARC region.
Not all ransomware groups wield crypto-locking malware. Some have adopted other strategies. Take BianLian. After security researchers released a free decryptor for its malware, instead of encrypting files, the group chose to steal them and demand ransom solely for their safe return.
Europe's cybersecurity agency predicts hackers will take advantage of the growing overlap between information and operational technologies in the transport sector and disrupt OT processes in a targeted attack. Ransomware will become a tool wielded for political and financial motivations, says ENISA.
Russia's invasion of Ukraine in 2022 threw Russia's cybercrime ecosystem into a state of upheaval that still exists to this day. "We identified disruptions to literally every single form of commodified cybercrime," said Alexander Leslie, associate threat intelligence analyst at Recorded Future.
The traditional detect-and-respond approach to security that so many organizations rely on is failing to meet the demands of modern work, leaving the door wide open for increasingly successful attacks — especially ransomware.
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Hitachi Energy joined the ranks of victims hit by the Clop ransomware group, which has exploited a zero-day vulnerability in Fortra's widely used managed file transfer software, GoAnywhere MFT. Clop claimed responsibility for the hack, which compromised networks used by 130 different organizations.
Federal agents arrested the alleged administrator of the criminal underground forum BreachForums, tracing him to a small town in New York's Hudson Valley. FBI agents say Conor Brian Fitzpatrick, a resident of Peekskill, confessed to being "Pompompurin."
In the latest weekly update, ISMG editors discuss how the Silicon Valley Bank crash will affect innovation in the cybersecurity space, why the SEC fined cloud provider Blackbaud $3 million for its "erroneous" breach details, and why the feds fined a web hosting firm in a kids' insurance site hack.
A financially motivated hacking group has been exploiting a now-patched zero-day vulnerability in the Windows operating system to deliver ransomware. Google Threat Analysis Group attributed the campaign to Magniber ransomware group. Microsoft issued a patch in its March dump of fixes.
In this week's data breach roundup: medical device manufacturer Zoll, CHU University hospitals, Australian company Latitude Financial, Hawaiian death registry, Los Angeles Housing Authority, Indian Railway ticketing app, updates on U.S. Marshals Service and Congress, and a new ransomware decryptor!
What happens next in Russia's all-out invasion of Ukraine isn't clear, but experts have been tracking signs that Moscow may be preparing for intensified cyber operations ahead of a spring offensive, developing new wiper malware and getting ready to interfere in European elections and foreign policy.
U.S. and German police seized darknet cryptocurrency anonymizing service ChipMixer, which federal prosecutors say cybercriminals used to launder $3 billion including proceeds from ransomware extortion and North Korean cryptocurrency hacking. Among its alleged customers: LockBit and the Russian GRU.
Rapid7 has purchased a ransomware prevention vendor founded by a former Israel Defense Forces captain to strengthen its managed detection and response muscle. The Minerva Labs purchase will allow Rapid7 to deliver advanced ransomware prevention across cloud resources and traditional infrastructure.
MKS Instruments expects a $200 million revenue hit from February's ransomware attack after the hack removed the company's ability to process orders or ship products. The Feb. 3 ransomware attack required the company to temporarily suspend operations at some MKS Instruments facilities.