To mitigate the risks posed by ransomware attacks, enterprises need to move from file-based security to a behavior-based approach, says Jennifer Ayers, vice president of the OverWatch division of Crowdstrike.
The latest edition of the ISMG Security Report analyzes a new report that labels ransomware as the No. 1 cybercrime threat. Also featured: A former FBI agent offers an update on "disruptionware" attacks; how Tesla's autopilot is tricked by phantom images.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
Those selling "network access" on underground forums are adjusting their business models to take advantage of the huge influx of ransomware gangs that are looking for easier and more efficient ways to gain access to their targets, Accenture reports.
The latest edition of the ISMG Security Report features an analysis on why criminals continue to use darknet markets, despite the risks. Also featured: Hackers target Virgin Mobile KSA; coping with COVID-19 stress.
Russian criminals operating online who want to stay out of jail need only to follow a few simple rules, the primary one being: Never target Russians. So it's surprising that security researchers have uncovered a new ransomware-wielding gang of Russian speakers that includes Russian victims on its hit list.
Ransomware gangs continue to see bigger payoffs from their ransom-paying victims, driven by "big-game hunting," data exfiltration and smaller players seeking larger returns, according to ransomware incident response firm Coveware.
Compromised Credentials Monitoring (CCM) allows users to monitor exposure of compromised credentials for their enterprise domains and customer email addresses to take action after breaches to mitigate risk of account takeover (ATO). Flashpoint's advanced technology quickly collects and processes data and credentials,...
The thriving cybercrime economy of vendors hawking illicit offerings on underground marketplaces grants access to resources that reduce barriers to entry for crimes ranging from fraud to DDoS attacks.
Pricing trends for these offerings shed light not only on their accessibility to threat actors, but also on how...
The attack sounds ripped from an episode of TV show "24": Hackers have infiltrated a government network, and they're days away from unleashing ransomware. Unfortunately for Florence, a city in Alabama, no one saved the day, and officials are sending $300,000 in bitcoins to attackers for a decryption key.
Ransomware gangs keep innovating: Maze has begun leaking data on behalf of both Lockbit and RagnarLocker, while REvil has started auctioning data - from victims who don't meet its ransom demands - to the highest bidder. Thankfully, security experts continue to release free decryptors for some strains.
The prolific Maze ransomware gang has been tied to yet more attacks, including against Singapore-based defense contractor ST Engineering's North American subsidiary, VT San Antonio Aerospace. Separately, the ransomware gang breached systems at nuclear missile contractor Westech.
A sophisticated strain of ransomware called Tycoon has been selectively targeting education and software companies since December 2019, according to a joint report released by BlackBerry and KPMG. Due to its unique development, this crypto-locking malware can target both Windows and Linux systems.
The Maze ransomware gang is hosting and promoting data stolen by other ransomware operators on its "Maze News" website, according to IBM researchers, who are concerned this could be a sign of growing collaboration among cybercrime groups.