The FBI calls ransomware "a prevalent, increasing threat." One recent campaign earned at least $325 million in global profits, while U.S. victims tell the FBI they paid $24 million in ransoms in 2015. And attackers are plowing profits back into improving their malicious code.
Mass targeted attacks often need a big event as the pivot to grab the prospective victims' attention. Using the example such of a phishing campaign, Symantec's Narang shares insight on how low awareness impacts the region.
An estimated half of all ransomware infection victims give in to criminals' ransom demands, thus enticing attackers to refine and continue their campaigns, warns Intel Security's Raj Samani in this video interview.
Malwarebytes has long been a force in the consumer space, but now its focus is on enterprise breach remediation. In this video interview, Pedro Bustamante explains the enterprise strategy and discusses proactive malware hunting.
A Hollywood hospital acknowledges paying ransom to unlock data seized by attackers. But while experts generally caution against paying extortionists, some organizations do indeed fold under the pressure to get their critical data back quickly.
Multiple hospitals from Hollywood to Germany have been hit recently by ransomware attacks. It's a reminder that no organization is immune to outbreaks of malware that's designed to forcibly encrypt all data stored on PCs and servers.
Federal regulators have issued new guidance to clarify scenarios where HIPAA privacy and security regulation might apply, including for mobile health applications and electronic data exchange. Why are some organizations still so confused?
Over a three-month period in 2015, a single cybercrime gang managed to earn at least $330,000 in bitcoins thanks to an estimated 670 victims paying attackers to decrypt ransomware-infected systems. Should police be doing more to stop these attacks?
Israel has reportedly foiled a "severe cyberattack" launched against the Israeli Electricity Authority. The malware attack doesn't appear to have resulted in any disruption to the country's power grid, but many government systems remain offline.
European police have arrested a "main target" as part of a previously undisclosed law enforcement effort, dubbed Operation Pleiades, against the distributed denial-of-service attack gang called DD4BC, or "DDoS for Bitcoin."
Malaysia expects to witness increased incidents of commercial fraud, ransomware and online scams in 2016. Cybersecurity head Amiruddin Abdul Wahab drives the agenda for securing cyberspace and discusses measures to tackle threats.
The latest strain of Android malware called SlemBunk tries to trick mobile banking application users into sharing their banking, social network and other credentials, as security experts see the number of mobile malware attacks continuing to increase.