As the threat landscape evolves, it becomes a game of survival of the fittest. Only the best attacks and attackers remain standing, and the result is a series of targeted ransomware attacks that now cost global enterprises millions of dollars per year. This is among the important findings of the Sophos 2019 Threat...
Criminals wielding crypto-locking ransomware - especially Dharma/CrySiS, GandCrab and Global Imposter, but also SamSam - continue to attack. Insurance firm Beazley says cyber claims for ransomware have increased in recent months, with the healthcare sector hardest hit.
Private sector organizations in Canada must now report all serious data breaches to the country's privacy watchdog as a result of new provisions in Canada's PIPEDA privacy law. Violators face fines of up to $100,000 for every breach victim they fail to notify or breach they attempt to hide.
A slick ransomware-as-a-service operation called Kraken Cryptor has begun leveraging the Fallout exploit kit to help it score fresh victims, researchers from McAfee and Recorded Future warn. Absent offline backups, victims have little chance of recovering from its crypto-locking attacks.
Good news for anyone whose data has been crypto-locked by attackers wielding GandCrab, the year's most aggressive strain of ransomware: You may be able to get your data back, thanks to a free decryptor.
Digital transformation is putting tremendous pressure on IT security. Whether it's discovering short-lived assets (e.g., containers), assessing cloud environments or maintaining web application security, IT security priorities do not have to be at the mercy of digital business initiatives.
A tale of two different ransomware victims' responses: One Connecticut city says it had little choice but to pay a ransom to restore crypto-locked systems. But a North Carolina water utility hit separately says that rather than bow to criminals' demands, it will rebuild affected systems and databases.
The notorious GandCrab ransomware-as-a-service gang has released the latest version of its crypto-locking malware, backed by crypter service and exploit toolkit partnerships. But the gang's marketing savvy belies shoddy code-development practices, security firm McAfee finds.
A Canadian home healthcare provider says it was able to recover from a recent ransomware attack without paying a ransom, but it had to revert to manual processes for several days. The incident illustrates the value of being well prepared to deal with cyberattacks.
There is greater awareness to the proliferation of mobile threats, and yet many organizations still underestimate their own vulnerabilities. Brian Duckering of Symantec discusses the rise and maturity of mobile threat defense.
Several days after the Port of San Diego was hit by a crypto-locking ransomware attack, incident response efforts remain underway and many port systems remain offline. Port officials say the attacker has demanded a ransom, payable in bitcoin, for the promise of a decryption key.
One mystery with the recently discovered payment card sniffing attacks against such organizations as British Airways and Newegg has been how attackers might have first gained access to the victims' networks. But a number of cybercrime markets sell such access, in some cases for as little as 50 cents.
Scotland's Arran Brewery fell victim to a Dharma Bip ransomware attack that infected its Windows domain controller and crypto-locked files and local backups, leading to the loss of three months' worth of sales data. The brewery refused to pay the attackers' two bitcoin ransom demand.
The biggest security budget in the business cannot save you from also suffering one of the biggest breaches. The key is: Do you have the right skills and technology deployed to defend your critical assets? Michael Malone and Ben Johnson of Datashield, an ADT company, make the case for outsourcing.