The decision by the Russian-speaking darknet forums XSS and Exploit to ban all chatter relating to ransomware attacks has had a limited impact on cyber gangs' ability to communicate, according to the threat intelligence firm Digital Shadows.
The U.S. Cybersecurity and Infrastructure Security Agency is creating the Joint Cyber Defense Collaborative to build a national cybersecurity defense strategy based on collaboration between the public and private sectors, CISA Director Jen Easterly said at the Black Hat 2021 conference Thursday.
A seemingly nonstop number of ransomware-wielding attackers have been granting tell-all media interviews. One perhaps inadvertent takeaway from these interviews is the extent to which - surprise - so many criminals use lies in an attempt to compel more victims to pay a ransom.
Tom Kellermann calls it a new "Twilight Zone" - an era in which cybersecurity adversaries can unleash destructive attacks that manipulate time, data, audio and video. The cybersecurity strategist shares insights and analysis from his latest Global Incident Response Threat Report.
Ransomware actors have taken a page from the playbooks of tech support scammers of yore by guiding victims to download malware through persuasion over the phone. Microsoft says the technique is more dangerous than it first realized.
A funny thing happened on the way to the nonstop ransomware payday: Some groups hit the wrong targets - Ireland's health system, a major U.S. fuel pipeline - resulting in the U.S. moving to much more aggressively disrupt their business model, says Bob McArdle, director of cybercrime research at Trend Micro.
Cyber insurance provider Coalition Inc. says its clients' average claims for losses when they were hit by a ransomware attack totaled $184,000 in the first half of this year, down 45% compared to the second half of 2020. Negotiating lower ransoms and more efficient recovery were key factors.
Good news on the ransomware front: The average ransom paid by a victim dropped by 38% from Q1 to Q2, reaching $136,576, reports ransomware incident response firm Coveware. In addition, fewer victims are paying a ransom simply for a promise from attackers to delete stolen data.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the use of commercially available spyware and security risk management in the telecom sector.
Campbell Conroy & O’Neil, a Boston-based law firm that serves Fortune 500 firms, including Apple and Pfizer, is continuing its investigation of a ransomware attack in February that resulted in unauthorized access to certain data about its clients.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the challenges ahead for the new director of the U.S. Cybersecurity and Infrastructure Security Agency and vendor security risk management in the healthcare sector.
The gang behind the ransomware strain known as Mespinoza, aka PYSA, is targeting manufacturers, schools and others, mainly in the U.S. and U.K., demanding ransom payments as high as $1.6 million, according to Palo Alto Networks' Unit 42, which says the group leverages open-source tools.
As the Biden administration attempts to force Russia to crack down on its domestic cybercriminals, one challenge will be the sheer diversity of attack code being wielded and individuals involved. Another is that any proactive moves Moscow makes would likely require many months to take effect.
Software developer Kaseya has released patches for its remote monitoring software, which had been exploited by REvil ransomware attackers to infect up to 60 MSPs and 1,500 of their clients. The patches mitigate the final three vulnerabilities out of seven that researchers reported to Kaseya in early April.