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.
As ransomware continues to pummel organizations, if they do get hit, then from an incident response standpoint, what are the essential steps they should take to smooth their recovery? Veteran ransomware-battler Fabian Wosar, CTO of Emsisoft, shares essential steps and guidance for recovery.
Remote management software vendor Kaseya has obtained a decryption tool for all organizations affected by the massive ransomware attack launched via its software. The tool should especially help the many small businesses still struggling to recover. Kaseya declined to comment on how it obtained the decryptor.
Saudi Aramco, one of the world's largest oil and natural gas firms, has confirmed that company data was leaked after one of its suppliers was breached. Extortionists are reportedly demanding a $50 million ransom - payable in monero cryptocurrency - for a promise to delete the stolen data.
What's up with REvil? Questions have been mounting since the notorious ransomware operation went quiet on July 13, not long after unleashing a mega-attack via remote management software vendor Kaseya's software. The Biden administration has welcomed REvil's online shutdown but says it doesn't know the cause.
A bipartisan group of senators introduced a federal breach notification bill Wednesday that would require federal agencies, federal contractors and organizations that are considered critical to U.S. national security to report security incidents to CISA within 24 hours of discovery.
Many security experts and analysts are applauding the U.S. for calling out China's cyber behavior, especially after the White House had focused so much attention on Russia's cyber activities. But some are calling for bolder action.
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.
The U.S. Transportation Security Administration issued a directive Tuesday requiring owners and operators of oil and natural gas pipelines to implement several cybersecurity controls. Earlier, the TSA had issued new incident reporting requirements for these companies.
The blockchain analysis firm Elliptic offers a step-by-step case study, based on its research, of how one victim of the REvil ransomware gang negotiated a lower ransom payment. The study offers insights into how REvil operated before its online infrastructure disappeared last week.
The Biden administration formally accused China's Ministry of State Security of conducting a series of attacks against vulnerable Microsoft Exchange servers earlier this year that affected thousands of organizations. This group is also accused of carrying out ransomware and other cyber operations.
The Department of Commerce is restricting trade with four Russian IT and cybersecurity firms, along with two other entities, over concerns that these organizations pose a threat to U.S. national security.
A greater level of cooperation is needed between the DOD and DHS to ensure that U.S. critical infrastructure is protected against various cyberthreats, according to an inspector general's report. The SolarWinds attack showed the need for more coordination between the two departments.
Now that the REvil ransomware gang has apparently shut down, victims are in a precarious situation. They must either rely on backups to restore data access or wait for the release of a decryptor, making sure they retain all encrypted files.