After being targeted by a ransomware attack in March 2021, Acer, one of the world's largest PC and device makers, has now suffered two further cyberattacks within a week. DESORDEN threat actors are reported to have claimed responsibility for the attacks.
Sinclair Broadcast Group, Inc., which owns or operates 186 television stations across 87 U.S. markets, has been hit with a ransomware attack that has disrupted operations. The company says the attack has impacted its ability to deliver advertisements and certain programming.
The U.S. Department of the Treasury unveiled additional steps to curb the illicit use of cryptocurrencies on Friday, warning enterprises not to engage with sanctioned entities exploiting the financial system - particularly to launder ransomware proceeds.
In this update, four editors discuss key cybersecurity issues, including addressing the complexity of security, the rising number of victims targeted by double extortion ransomware and the Information Commissioner's Office's recent consultation on creating an international data transfer agreement.
The breach of text message routing giant Syniverse revealed yet another supply chain attack involving a key supplier, exacerbated by outdated communications protocols desperately in need of a security revamp and better incentives for improvement, says mobile telephony security expert Karsten Nohl.
The White House National Security Council this week kicked off its international counter-ransomware event with participation from more than 30 nations. This gathering aims to elevate both law enforcement collaboration and diplomatic efforts. Noticeably absent from the summit: Russia.
One measure of the damage being done by ransomware groups continues to be how many victims get listed on ransomware operators' dedicated data leak sites, as part of their so-called double extortion tactics. Unfortunately, the number of victims doesn't appear to be declining.
A Russian-speaking threat actor group that deploys the Ryuk variant ransomware, leverages initial access brokers, and generally skips double-extortion attempts in favor of fast and higher payout ransoms has been predominately targeting the healthcare sector, warns security firm Mandiant.
A congressional letter sent to the heads of four federal agencies expressed an urgent need for the Biden administration to continue combating ransomware. This includes a particular focus on the cryptocurrency infrastructure that is enabling these cyberattacks, four Democratic lawmakers say.
A ransomware attack on Scottish multinational engineering firm Weir Group led to several ongoing but temporary disruptions, including engineering, manufacturing and shipment rephasing, hitting profits despite no ransom being paid.
Microsoft, in its annual threat review report, Digital Defense, says 58% of cyberattacks worldwide over the past year originated in Russia. And 92% of the Russia-based threat activity came from the nation-state threat group Nobelium.
The latest edition of the ISMG Security Report features an analysis of the arrest of two suspects tied to a major ransomware group in Ukraine. Also featured: Introducing "The Ransomware Files" and defining the next-gen CISO.
Federal regulators are warning healthcare and public health sector organizations of potential attacks by the ransomware group LockBit 2.0 and its affiliates. The group claimed credit for the August attack on consultancy firm Accenture. What preventative steps should healthcare sector entities take?
U.S. lawmakers have introduced legislation that would require the reporting of ransom payments within 48 hours of the transaction. The bill would also require DHS to create a voluntary website to log ransom payments and task the department with studying ransomware and cryptocurrencies.
Cyber extortion through digital means is nothing new, says U.K.-based cybersecurity expert John Walker, but the concerning aspect of today's ransomware attacks is that they are "low-cost in the macro sense and so easy to achieve."
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