With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels. They're also calling for a review of cyber insurance payouts being used to fund ransoms.
Kevin O'Brien, CEO and co-founder of GreatHorn, often asks business leaders about their email security, and they say "It's OK." But what's not "OK" is that these defenses are leaving enterprises wide open to vulnerabilities that adversaries are exploiting.
The Austrian construction equipment manufacturing firm Palfinger AG reports being hit with a cyberattack that has knocked the majority of its worldwide IT infrastructure offline, eliminating its ability to use email and conduct business.
A proposed class-action lawsuit has been filed against Rady Children's Hospital-San Diego in the wake of a data breach resulting from a ransomware attack on Blackbaud, the hospital's cloud-based fundraising software vendor.
Good news on the cybercrime front: "Cryptocurrency-related crime fell significantly in 2020," compared to 2019, reports blockchain analysis firm Chainalysis. Unfortunately, in the same timeframe, ransomware profits surged 311%, stoking calls for a crackdown on ransom payments.
It's an increasingly common story: Live Oak Bank was growing its cloud footprint and had specific needs for a cloud security provider. Bank CISO Thomas Hill is joined by Orca Security CEO Avi Shua to detail the case study and key lessons learned.
Ransomware dominated the cybercrime landscape in 2020 and looks set to do so again this year, as criminals seek fresh new ways to make victims pay. Experts predict gangs will double down on whatever works, which lately includes data exfiltration.
An apparent ransomware attack that targeted an operator of occupational clinics used by employees of transportation companies and government agencies has reportedly resulted in the leak of some workers' health data.
The Scottish Environment Protection Agency says a ransomware attack last month continues to cause serious outages and warns that ransom-demanding attackers also stole some data. The Conti ransomware-as-a-service operation has claimed credit for the attack and begun to leak the stolen data.
The FBI has issued a warning about the growing threat from the operators behind the Egregor ransomware variant and other cybercriminal gangs affiliated with the group. Since September, the crypto-locking malware has been associated with nearly 100 attacks worldwide.
Twitter permanently suspended the official account of President Donald Trump, with the social media firm citing concerns over violence following the riot by pro-Trump supporters at the Capitol. Facebook had already suspended Trump's account through the remainder of his term.