The latest edition of the ISMG Security Report features an analysis of the arrest of two suspects tied to a major ransomware group in Ukraine. Also featured: Introducing "The Ransomware Files" and defining the next-gen CISO.
The U.S. Department of Justice said this week it will pursue government contractors that fail to report cybersecurity incidents. The department also announced the formation of a Cryptocurrency Enforcement Team to prosecute the misuse of virtual currencies.
Federal regulators are warning healthcare and public health sector organizations of potential attacks by the ransomware group LockBit 2.0 and its affiliates. The group claimed credit for the August attack on consultancy firm Accenture. What preventative steps should healthcare sector entities take?
U.S. lawmakers have introduced legislation that would require the reporting of ransom payments within 48 hours of the transaction. The bill would also require DHS to create a voluntary website to log ransom payments and task the department with studying ransomware and cryptocurrencies.
Cyber extortion through digital means is nothing new, says U.K.-based cybersecurity expert John Walker, but the concerning aspect of today's ransomware attacks is that they are "low-cost in the macro sense and so easy to achieve."
Some of the highest-ranking cybersecurity officials in the U.S. government discussed the pervasive threat of ransomware on Tuesday, likening it to a clear issue of national security with the ability to inflict measurable damage on major world powers.
Hypervisors under fire: BlackMatter, HelloKitty and REvil are among the ransomware groups targeting instances of VMware's ESXi. In one case investigated by security firm Sophos, after first accessing a TeamViewer account, attackers left an organization's ESXi environment crypto-locked just three hours later.
Two Indiana hospitals say their IT systems are disabled as they recover from cyberattacks suffered last week. Both hospitals in recent weeks have had to divert patients or postpone elective procedures as COVID-19 cases surged in the state. So what's the impact of the attacks on patient care?
Police in Ukraine have arrested two members of a ransomware operation they say has targeted businesses in North American and Europe, leading to victim losses totaling at least $150 million. The operation also involved French cyber police, the FBI and Interpol, backed by Europol's European Cybercrime Center.
Though ransomware is not a new type of malware, it is becoming ever more pervasive and ransom demands are only getting higher.
What is the key to ransomware’s success?
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How ransomware has remained a persistent threat
Common attack methods
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Though ransomware is not a new type of malware, it is becoming ever more pervasive throughout the financial services industry, specifically among credit unions including the recent Envision Credit Union attack. Ransom payment demands are only getting steeper and threat to organizations' most sensitive critical data...
As Cybersecurity Awareness Month kicks off this week, U.S. President Joe Biden has weighed in on his administration's efforts to curb cyberattacks and bolster the federal government's security posture.
The death of a baby born with complications during a 2019 ransomware attack on an Alabama hospital – one that left clinicians unable to access electronic health records and patient monitoring systems - is intensifying the spotlight on the potentially fatal consequences of such cyber incidents.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including why enterprises need a multilayered approach to securing identity, how fraud will evolve in 2022 and the need to secure backdoors to prevent ransomware attacks.
The latest edition of the ISMG Security Report features an analysis of how a cryptocurrency exchange bug has revealed North Korean monero laundering. Also featured are cyber insurance trends and cybercrime innovation.