The University of California San Francisco says it paid a $1.14 million ransom earlier this month to obtain decryptor keys to unlock several servers within its school of medicine that were struck with ransomware.
In today's dynamic cyber world, third-party security is necessary but can be challenging to implement. How did a leading investment firm succeed in creating a robust and efficient third-party security process?
In this exclusive webinar, CAPTRUST IT Governance, Risk, and Compliance leader Jon Atchison will discuss the...
The attack sounds ripped from an episode of TV show "24": Hackers have infiltrated a government network, and they're days away from unleashing ransomware. Unfortunately for Florence, a city in Alabama, no one saved the day, and officials are sending $300,000 in bitcoins to attackers for a decryption key.
The prolific Maze ransomware gang has been tied to yet more attacks, including against Singapore-based defense contractor ST Engineering's North American subsidiary, VT San Antonio Aerospace. Separately, the ransomware gang breached systems at nuclear missile contractor Westech.
As ransomware gangs attempt to boost their illicit profits, the RagnarLocker ransomware gang has brought a new tactic to bear: installing a full virtual machine on victims' systems to hide their crypto-locking malware while it forcibly encrypts files, security firm Sophos warns.
Security experts and law enforcement officials have long argued that paying ransoms doesn't pay. For starters, it directly funds the cybercrime ecosystem and makes it attractive for criminals to keep launching ransomware attacks.
Magellan Health, a U.S. managed care company that focuses on specialty areas of healthcare, says it was hit by a ransomware attack that involved the exfiltration of data. Ransomware gangs are increasingly going beyond encrypting data, stealing information to put more pressure on victims to pay ransoms.
Australian shipping giant Toll Group has vowed to again not pay a ransom after suffering its second ransomware attack of the year. In the latest incident, however, the company warns that attackers also stole corporate data - and it may get leaked.
"Digital transformation" was an overused marketing buzz phrase until the global crisis came along and - over the course of a single weekend - changed permanently how we live and work.
Enterprises are emerging from firefighting mode now and beginning to strategize about what comes next. What will be the balance of...
The average ransom paid by victims to ransomware attackers reached $111,605 in the first quarter of this year, up 33% from the previous quarter, reports ransomware incident response firm Coveware, which sees the Sodinokibi, Ryuk and Phobos malware families continuing to dominate.
Many attackers continue to camp out in networks for months, conducting reconnaissance and stealing sensitive data before unleashing ransomware. Experts say many recent efforts trace to gangs wielding the RobbinHood, Valet Loader, NetWalker, PonyFinal, Maze and Sodinokibi strains of crypto-locking malware.
Because it's inevitable that some attackers will get around defenses, Kettering Health Network added an extra layer of endpoint security to help mitigate the risks posed by ransomware and other cyberthreats, says Michael Berry, director of information security. He describes what's unusual about the approach.
As COVID-19 spread in the spring of 2020, organizations around the world have scrambled to enable a remote workforce, acting in "firefighting" mode and laser-focused on business continuity. But as the new normal settles in, digital transformation is rising as a critical - if altered - priority, and security teams need...
Three recently disclosed health data security incidents - including the discovery of a large email hack that happened nearly a year ago - serve as reminders of the ongoing incident response challenges facing healthcare organizations. And these difficulties are likely to worsen during the COVID-19 crisis.
Federal government agencies face unique cybersecurity risks, and as a result they often place tight restrictions on mobile devices in the workplace. But perhaps it's time to loosen these restrictions because they are negatively impacting missions, recruitment and retention.
There are consequences of cutting back or...
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