The latest edition of the ISMG Security Report analyzes the rising costs of ransomware attacks and the latest victims. Also featured: An assessment of Australia's new contact-tracing app designed to help battle the spread of COVID-19, and a discussion of applying the "zero trust" model to the remote workforce.
The average ransom paid by victims to ransomware attackers reached $111,605 in the first quarter of this year, up 33% from the previous quarter, reports ransomware incident response firm Coveware, which sees the Sodinokibi, Ryuk and Phobos malware families continuing to dominate.
Many attackers continue to camp out in networks for months, conducting reconnaissance and stealing sensitive data before unleashing ransomware. Experts say many recent efforts trace to gangs wielding the RobbinHood, Valet Loader, NetWalker, PonyFinal, Maze and Sodinokibi strains of crypto-locking malware.
The gang behind Black Rose Lucy malware, which targets Android users, has added ransomware capabilities, according to Check Point Research. The malware, which dates back to 2018, originally was designed as a malware-as-a-service botnet and dropper for other malicious code.
Because it's inevitable that some attackers will get around defenses, Kettering Health Network added an extra layer of endpoint security to help mitigate the risks posed by ransomware and other cyberthreats, says Michael Berry, director of information security. He describes what's unusual about the approach.
Despite the ongoing COVID-19 pandemic, the healthcare sector faces an ongoing surge of hack attacks that too often disrupt systems and patient care. Among the latest victims is a hospital in Pueblo, Colorado, which is still recovering after apparently having been hit by ransomware.
This informational webinar will outline 4 actions you can take today to keep employees secure and productive during these challenging times, with tips straight from your identity and access management peers.
Three recently disclosed health data security incidents - including the discovery of a large email hack that happened nearly a year ago - serve as reminders of the ongoing incident response challenges facing healthcare organizations. And these difficulties are likely to worsen during the COVID-19 crisis.
IT services and consulting giant Cognizant is still assessing the damage from a ransomware attack on Friday. And it's warning that the incident is disrupting services to some of its clients and could affect the company's revenue.
Alongside the sad and vast expense of legitimate claims, it is an unfortunate fact that in times of economic hardship, people have a history of taking any opportunity to exploit financial institutions for ill-gotten gain.
The ransomware threat has scaled up to match the new remote workforce. But have backup policies and incident recovery procedures improved to keep pace? David Shaw and John Bilotti of Nasuni share tips on ransomware recovery, remote file-sharing and business continuity.
As the COVID-19 crisis continues, healthcare organizations need to ramp up efforts to mitigate the threats posed by cybercriminals who are trying to exploit the chaos, says attorney Jason G. Weiss, a cyber forensics expert and retired FBI agent.
Travelex, a London-based foreign currency exchange that does business in 26 countries, including the U.S., paid a ransomware gang $2.3 million to regain access to its data following an attack, the Wall Street Journal reports. The incident crippled the company's customer services for weeks.