A WannaCry outbreak has hit unpatched Windows 7 systems at Taiwan Semiconductor Manufacturing Co., crippling its factories. The world's largest chipmaker, which traced the infection to a new software tool that it failed to scan for malware before installation, says the outbreak could cost it $170 million.
The cost of the city of Atlanta's mitigation and subsequent IT overhaul following a massive SamSam ransomware infection in March could reach $17 million, of which $6 million has already been budgeted for new devices, security enhancements as well as upgrades, according to news reports.
A "local network breakdown" - reportedly caused by a ransomware infection - led Chinese shipping giant Cosco to shut down all networks for its offices in the United States and seven other countries while it scrubbed and restored systems.
At Infosecurity Europe 2018, Information Security Media Group conducted dozens of video interviews with industry thought leaders. Here are the highlights.
Recent ransomware attacks against healthcare organizations and others demonstrate why rapid detection is critical to limiting the malware's damage, says cybersecurity expert Bill Dixon of Kroll.
Hacker attacks are still dominating the data breaches added to the official federal tally so far this year. But compared to the mega-breaches of past years, this year's biggest hacks have been relatively small. Some security experts offer theories for why that's the case.
Since 2015, Sophos has investigated the SamSam ransomware campaign, and it has just released its findings in a new report. What can you learn from SamSam attackers' unique tools, techniques and protocols? Chester Wisniewski of Sophos shares insight.
The Mahatma Gandhi Mission Hospital in Mumbai was the victim of ransomware attack, with hackers demanding a ransom paid through bitcoins. Why is the healthcare sector a prime target for attackers?
Medical testing laboratory firm LabCorp is still working to fully recover systems functionality nearly a week after a cyberattack that the company now claims involved "a new variant" of ransomware. What can other organizations do to avoid becoming the next victim?
As organizations are seeing higher numbers of people working remotely, including parts of their IT team, the need for stronger endpoint management is even more important. Automating routine tasks can also be great for business as it drives key business growth by increasing productivity through the automation of of...
Traditional server security controls were not built for ransomware, cryptojacking and other modern attacks. Paul Murray of Sophos discusses deep learning, anti-exploit technology and other key elements of the new wave of server defenses.
A ransomware attack that forced a Missouri medical center to divert ambulances carrying trauma and stroke patients to other facilities serves as a reminder of the impact cyberattacks can have on healthcare delivery. What are the lessons to learn?
Patch management problem: Organizations must identify and fix all new vulnerabilities in their software and hardware as quickly as possible. Unfortunately, on average, attackers keep exploiting flaws faster than they're being patched, says Tenable's Gavin Millard.
A coding mistake by an electronic health records vendor has resulted in a data breach impacting thousands of United Kingdom patients. But the incident also serves as a reminder to healthcare entities in the U.S. and elsewhere about the variety of data privacy and security risks vendors can pose.
If 2017 was the year of ransomware innovation, 2018 is well on its way to being known as the year of cryptocurrency mining malware. Numerous studies have found that the most seen malware attacks today are designed for cryptojacking. But while ransomware campaigns may be down, they're far from out.
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