Lynn Peachey, the director of business development at Arete Incident Response, says that insurance companies have made "a pretty quick turnaround in terms of trying to respond to the ransomware epidemic." She discusses the changes they are making, which include leveraging data quantification.
VMware's Tom Kellermann is out with Modern Bank Heists 5.0, his latest look at the attackers and attacks targeting financial services. Subtitled "The Escalation," this report looks at the increase in destructive attacks, ransomware and hits on cryptocurrency exchanges. Kellermann shares insights.
Federal authorities are warning the healthcare and public health sectors of aggressive, financially motivated attacks by the Hive ransomware group, which has been linked to a number of attacks on healthcare sector entities. Some security experts are urging such entities to fortify their defenses.
The Conti ransomware gang has claimed responsibility for the March 31 cyberattack on German wind turbine manufacturer Nordex, which was forced to turn off its IT systems at multiple locations across several business units. The Russia-linked threat group has added Nordex as a victim on its leak site.
A surprising improvement in loss ratios for cyber insurance providers in 2021 means the rapid rise in premiums might at last subside later this year. The loss ratio declined for the first time since 2018 despite the frequency and severity of claims filed for cyberattacks increasing again in 2021.
New legislation mandating cyber incident reporting for critical infrastructure providers within 72 hours, and the reporting of ransom payments within 24 hours, is "groundbreaking," says former National Security Agency deputy commander Tim Kosiba, CEO of security firm bracket f.
Microsoft says it has seized control of 65 domains that the ZLoader gang has been using to grow, control and communicate with its botnet. ZLoader, a descendant of the ubiquitous Zeus banking malware, is run by a global, internet-based, organized crime gang operating malware as a service.
Accenture's new ransomware report reveals key challenges in executing an effective communications plan. Robert Boyce, managing director of global cyber response, discusses why existing recovery strategies aren't enough and offers practical steps for managing a ransomware response.
The latest edition of the ISMG Security Report analyzes the latest cyberthreats to the energy sector as Russia's invasion of Ukraine continues. It also examines best practices for Customer Identity and Access Management and how healthcare institutions can sharpen their defense strategies.
Targeted attacks on a Ukrainian energy facility have been confirmed by CERT-UA. In a joint operation carried out by the Ukrainian CERT with security companies Microsoft and ESET, it was found that an ICS-capable malware and several regular disk wipers were used in the attack.
Japanese multinational conglomerate Panasonic has been breached for the second time within six months. The company says its Canadian operation recently discovered that it was a victim of a targeted cybersecurity attack affecting some of its systems, processes and networks.
BlackCat, believed a rebranded version of the BlackMatter or DarkSide ransomware group, claims to have successfully targeted popular Nigerian betting platform Bet9ja, three universities - FIU, NCAT State University, AIT-Thailand, and the largest natural gas supplier in Latin America - TGS. Bet9ja, FIU, and NCAT State...
Federal authorities are warning the healthcare sector of potential threats involving Lapsus$ - including those related to the group's recent hack of Okta - and also of potential phishing attacks arising out of a recent breach experienced by email marketing services provider Mailchimp.
As use of Apple devices has grown in the enterprise, the company has increasingly become a target for malware threats and other attacks. ISMG spoke with experts and CISOs about the seriousness of these threats and what organizations can do to mitigate the risks.
Five recently reported data breaches involving cyberattacks on a variety of different types of healthcare sector entities have affected a total of more than 1.2 million individuals. Experts say the incidents highlight the intensifying threat landscape in the sector.