What is the risk of having too many cybersecurity tools? Compromised visibility because of "tool sprawl," say Brian Murphy and Seth Goldhammer of ReliaQuest. Enterprises are now awakening to this challenge and attempting to overcome it.
Sodinokibi/REvil appears to be making millions since it seized the ransomware-as-a-service mantle from GandCrab earlier this year. Security firm McAfee says up to 40 percent of every victim's ransom payment - average: $4,000 - gets remitted to the Sodinokibi actor, with "affiliates" keeping the rest.
According to Ricardo Villadiego, Lumu Technologies' Founder and CEO, organizations are "sitting on a gold mine: their own data". Under the single premise that organizations should assume they are compromised and prove otherwise, Lumu seeks to empower enterprises to answer the most basic question: Is your organization...
Pitney Bowes says it was infected by file-encrypting malware that has affected online accounts and mailing products but that client data doesn't appear to be at risk. The postage meter maker says "all options" are being considered for recovery, meaning that it could pay a ransom.
Law enforcement success inevitably sparks criminals to become more innovative, including shifting from centralized markets - such as Hansa and Wall Street Market - to encrypted and distributed marketplaces, says the University of Surrey's Alan Woodward.
As a fraud management leader, are you aware that social engineering is a widespread and increasingly common tactic used to takeover customer accounts? Learn more about why social engineering is one of the most dangerous and difficult to stop online crimes.
Ransomware attacks are among the largest incidents added to the federal tally of major health data breaches in recent weeks. Attacks on a variety of clinics affected a total of more than 1 million individuals.
Rather than focusing solely on rankings offered by the common vulnerability scoring system, or CVSS, when setting priorities for risk mitigation, organizations need to size up the specific potential risks that vulnerabilities pose to their critical assets, according to a new report from RiskSense.
Organizations must take a number of critical steps to prepare a response to ransomware attacks before they hit, says Caleb Barlow, the new president and CEO of security consulting firm CynergisTek, who offers a guide.
More than 600 ransomware attacks pummelled local governments, schools districts and healthcare providers across the U.S. in the first three quarters of this year, according to a study by security firm Emsisoft. Meanwhile, the FBI this week issued a fresh warning about the threat.
Ransomware crime reports are up 300 percent in Toronto, but it's not just the frequency of crimes that is a concern - it's the complexity, says Kenrick Bagnall, detective constable with the Toronto Police Service.
The latest edition of the ISMG Security Report analyzes concerns about the use of Huawei equipment by U.S. telecommunications firms. Also featured: A Huawei executive discusses 5G security, plus an update on an Australian ransomware attack.
Medical facilities and hospitals across the state of Victoria in Australia were infected by file-encrypting ransomware on Monday, causing the shutdown of patient booking systems and financial systems. At least one hospital has reverted to using paper-based systems.