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.
Ransomware-wielding attackers love to lie to victims. But REvil - aka Sodinokibi - has reportedly been running double negotiations to make affiliates think a victim hasn't paid a ransom, using a backdoor in the malware that allows administrators to decrypt victims' systems, so affiliates don't get their cut.
Four editors at Information Security Media Group discuss important cybersecurity issues, including the rise of quadruple extortion attacks employed by ransomware gangs, the FBI reportedly withholding the Kaseya ransomware decryption key for weeks, and raising security posture during a pandemic.
The ransomware attack on Tamil Nadu's Public Department puts the spotlight on the preparedness to identify and stave off attacks. Some security experts say outdated servers, lack of advanced security measures and inadequate cyber laws make state government institutions vulnerable.
A new and still little-known ransomware group called Karma has been pursuing a novel strategy to pressure victims into paying: Get journalists to publicize businesses hit by the ransomware operation, adding pressure on victims to pay the ransom demand.
The pace of Conti ransomware attacks has been increasing, with more than 400 organizations globally having fallen victim, warns a joint cybersecurity advisory from the U.S. Cybersecurity and Infrastructure Security Agency, FBI and National Security Agency, which details essential defenses.
U.S. FBI and Department of Homeland Security leaders fielded several cybersecurity questions from House lawmakers Wednesday, particularly around the surge in ransomware attacks, diplomatic efforts to curb ransomware's financial model, and the nation-states that harbor cybercriminals.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the role of cyber insurers in supporting ransomware victims' incident response, and how to build a successful bug bounty program.
The U.S. Department of the Treasury has blacklisted Russia-based cryptocurrency exchange Suex for allegedly laundering tens of millions of dollars for ransomware operators, scammers and darknet markets. It is the first such designation for a virtual currency exchange.
FBI Director Christopher Wray faced questions during a Senate hearing Tuesday concerning a published report that the bureau for almost three weeks withheld a decryption key that agents obtained from the ransomware gang that targeted software firm Kaseya.
NEW Cooperative, an Iowa-based farm services cooperative, has reportedly been targeted by the BlackMatter ransomware gang, demanding a $5.9 million payment from the organization, according to security researchers and published reports. The cooperative is working with law enforcement agencies.
Like his peer CISOs, Amit Basu of International Seaways is concerned about complexity and the shifting landscape. But not just the threat landscape – he also is challenged by the shifting dynamics of business priorities and processes, as well as what "protection" in this new environment now entails.
CISA must update its plans to improve the security - both physical and cyber - within the nation's critical infrastructure, according to a report that specifically looked at issues related to the country's dams and levees. Attacks targeting critical infrastructure have raised the issue.
The Mēris botnet, responsible for huge waves of DDoS attacks recorded by cybersecurity firms Qrator Labs and Cloudflare, is still active, using "abandoned" MikroTik routers. The attack signatures saw a spike of 21.8 million requests per second, exploiting a vulnerable version of MikroTik RouterOS.
The Biden administration may soon unveil plans to curtail the ransomware attacks that have crippled corporate networks this year. According to a report from The Wall Street Journal, the Treasury Department will announce sanctions and similar guidance designed to disrupt the ransomware model.
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