The public-private Ransomware Task Force last year issued numerous recommendations for battling ransomware, and task force member Marc Rogers of Okta says that while the problem persists, better mechanisms are helping to blunt such criminal activity.
Organizations have created significant security challenges by rapidly migrating applications, data and workloads to multiple public clouds over the course of the COVID-19 pandemic, according to Abbas Kudrati of Microsoft and Upendra Singh of HCL.
Ransomware continues to pummel organizations, with the average ransom payment reaching $925,000 so far this year, but the aggregate financial impact of business email compromise attacks is even worse, says Wendi Whitmore, head of Unit 42 at Palo Alto Networks.
Ransomware groups such as Conti are beginning to move away from encrypting systems. Instead, they are stealing data, especially from public companies, and threatening to leak it publicly to extort ransom payments, says cybercrime expert Vitali Kremez, CEO of AdvIntel.
As Russia's invasion of Ukraine continues, it's notable that Ukraine's government - and much of the country - has remained connected to the internet. That's happening despite fierce Russian cyberattacks, says cybersecurity expert Mikko Hypponen, who highlights Ukraine's defensive mojo.
Organizations are struggling to implement all the security technology they've purchased and ensure they are protected across the most important areas of risk and posture, according to Amol Kulkarni, chief product and engineering officer at CrowdStrike.
Business-critical applications, the crown jewels of the modern enterprise, are increasingly targeted due to their significant value, and many organizations are struggling to secure them. These systems must be properly deployed, monitored and maintained, says Onapsis CEO Mariano Nunez.
Microsoft’s June rollout of security flaw fixes includes patching Follina, a zero-day exploit launched via malicious Office documents which has been spotted being exploited in the wild. From July users with E3 licenses and above will have the option of automatic updates instead of manual Patch Tuesday fixes.
The latest edition of the ISMG Security Report includes highlights and observations from RSA Conference 2022, including a key message from RSA CEO Rohit Ghai. It also discusses the value of automation and the Cybersecurity and Infrastructure Security Agency's mission to grow cyber talent.
Personal data allegedly obtained during a cyberattack using BlackCat ransomware was published on a typosquatted open internet website. This new extortion technique shows an escalation by ransomware groups in their willingness to use personal data to bludgeon victims into paying extortion money.
Critical infrastructure providers face a unique set of challenges when it comes to securing their environment from the cruciality of uptime to complying with new federal directives, according to Mark Cristiano, commercial director for Rockwell Automation's global services business.
There's a lot of confusion in the market around what constitutes zero trust architecture, and Zscaler founder, Chairman and CEO Jay Chaudhry believes firewalls and VPNs shouldn't be part of a system that's supposed to not trust anybody or anything by default.
The disruption of the Netwalker ransomware group in January 2021 by U.S. and Bulgarian authorities highlights how blockchain can be an Achilles' heel for cryptocurrency-using criminals, says Jackie Burns Koven, cyberthreat intelligence lead at Chainalysis.
Jeremy Grant of Venable says we are getting closer to eradicating the password. He says that in the next 12 to 18 months, "There will be a lot of uptake from big, consumer-facing brands to finally kill the password and let people instead create a passkey when they sign up for an account."
The dangers associated with compromising critical infrastructure assets burst into public view with the May 2021 Colonial Pipeline ransomware attack, prompting significant investment from both the government and the private sector, according to Claroty Chief Product Officer Grant Geyer.
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