Russian citizen Roman Valerevich Seleznev, 32, has been convicted of stealing data from more than 2 million U.S. payment cards and defrauding 3,700 financial institutions of at least $169 million.
To keep up with emerging threats, banks and other organizations in Saudi Arabia and throughout the region must develop much more mature incident response functions, says Mohammed Almozaiyn, who heads incident response for a leading Saudi bank.
A report exploring how some organizations have been stockpiling bitcoins to use to pay off attackers if, or when, they become victimized by ransomware attacks leads the latest edition of the ISMG Security Report.
Hacker attacks added to the HHS Office for Civil Rights "wall of shame" tally of major health data breaches in recent weeks have affected a total of more than 8 million victims. But it's not just hacker attacks that are racking up big breach victim totals.
Ransomware gangs increasingly target organizations - including hospitals and banks - that might be able to recover from such attacks, but not in a timely manner, says Verizon's Mark Rasch. Learn how well-honed incident response plans can help.
Too often when organizations get shaken down by online criminals, they panic, and in the process make the predicament they're facing even worse, warns digital forensic investigator Ondrej Krehel in this video interview.
The surge in data breaches and the pervasiveness of malware, especially ransomware, has led to a surge in security technology startup firms, which makes it much tougher for CISOs to choose the right business partners in the overcrowded marketplace, argues Raimund Genes, CTO at Trend Micro.
Two different of ransomware - new DetoxCrypto as well as a Hidden Tear variant - now sport a Pokémon Go theme. Both lock systems and demand a ransom, payable in bitcoins.
Hear ISMG editors untangle the various elements in the Shadow Brokers-Equation Group saga, evaluate a new anti-ransomware tool and reflect on the 10th anniversary of the PCI Security Standards Council in this edition of the ISMG Security Report.
Cybercriminals wielding Locky crypto-locking ransomware are ramping up their assaults, especially in the healthcare sector, according to FireEye. Attackers are distributing less banking malware and more ransomware, researchers say.
As new schemes from hackers get more disruptive and harmful, it is critical to scale up defences, disrupt these attacks and make your organization a lesser target. Alex Holden, founder and CISO of Hold Security, tells how.
Vikrant Arora, CISO of NYC Health & Hospitals, offers the four most important questions a board must ask the CISO to get a good understanding of how the organization is addressing top cybersecurity concerns.
Malware researcher Ivan Kwiatkowski unleashed ransomware on tech-support scammers after his parents stumbled across a site warning they'd been infected by Zeus. Despite the feel-good factor, however, security experts advise against hacking back.
Cerber ransomware victims often see a ransom note demanding 1 bitcoin in exchange for a decoder. For what's sure to be a limited time, however, victims can take advantage of a new, free decoder.
FireEye CEO Kevin Mandia has blamed his company's lower-than-expected quarterly revenue on the rise of ransomware and cyber extortion attacks and a decline in APT campaigns. Experts debunk those assertions.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing ransomware.databreachtoday.com, you agree to our use of cookies.
