Did you know that public exploits for business applications have increased 100 percent since 2015? Today, over 77 percent of the world's transactional revenue touches an ERP system, making these applications an attractive target for cyber criminals looking to profit from the highly-sensitive and regulated data that...
A week after a ransomware attack locked up customer files and data at online cloud hosting provider iNSYNQ, the company is continuing to recover and restore its internal infrastructure. It remains unclear how much longer this process will take, the company acknowledges.
With the GandCrab ransomware-as-service gang promising to retire - and free decryptors now aiding victims - rival Sodinokibi has already stepped into the void, security experts warn. Driven also by attackers wielding Ryuk, Dharma and Phobos, ransom payments by victims have been surging.
A new ransomware strain called eCh0raix is targeting enterprise storage devices sold by QNAP Network by exploiting vulnerabilities in the gear and bypassing weak credentials using brute-force techniques, warns security firm Anomali.
Applications have become primary targets for two vastly different, but equally dangerous, types of cyberattacks. Successful application breaches can lead to financial fraud, stolen IP, and business disruption.
Britain's biggest provider of forensic services, Eurofins, has paid a ransom to attackers who crypto-locked its systems with ransomware, the BBC reports. Experts say it's part of an alarming trend that seems sure to further embolden ransomware-wielding criminals.
Déjà vu basic cybersecurity challenge all over again: With the U.S. government warning that geopolitical tensions could trigger wiper-attack reprisals, security experts review the basic anti-wiper - and anti-ransomware - defenses organizations should already have in place.
D-Link has reached a proposed settlement with the U.S. Federal Trade Commission, which alleged the IoT device developer left consumers vulnerable to hackers through inadequate security practices. The terms of the settlement may serve as a warning to IoT makers to get their security checks in order.
A second small city in Florida is paying off cybercriminals to recover from a ransomware attack that crippled the municipality's local network. How much did Lake City agree to pay, and how much of that was covered by insurance?
The city of Riviera Beach, Florida, has agreed to pay hackers about $600,000 in bitcoin to end a ransomware attack that crippled the city's IT infrastructure for nearly a month. In another recent incident, Baltimore refused to pay a ransom after an attack and faces $18 million in recovery costs so far.