Australian spies should be allowed to take offensive action against some of the world's most prominent ransomware gangs, says Tim Watts, a member of Australia's Parliament who says the move, proposed under the Labor Party's push for a national ransomware strategy, would deter attackers.
A district court in Kazakhstan sentenced two unidentified Cobalt, aka Carbanak, gang members to serve eight years in prison on robbery and attempted robbery charges. The gang members are believed to have been involved in cashing out operations, according to Group-IB.
Investigators have found that ransomware operators gained access to Colonial Pipeline via a VPN account that was no longer used and didn't have two-step verification enabled. The credentials turned up in a data breach, but security researchers say it's unclear if that's how the attackers sourced them.
The European Commission has released two new tools aimed at easing the current legal hurdles associated with data sharing by European Union-based organizations and other businesses operating in the region. Tech giants embroiled in controversy over the EU's data -sharing polices welcomed the move.
Symphony Technology Group's acquisition of FireEye Products Business in a $1.2 billion deal will set up the private equity group to better compete with security giants such as Microsoft and Cisco, while unlocking profit potential for FireEye and the now stand-alone Mandiant Solutions, analysts say.
The U.K. Cyber Security Council is a new self-regulatory body for the profession. It is tasked by the U.K. government to execute its vision for the U.K. to be one of the safest places to work and do business online, says the chair of the council’s board of trustees, Dr. Claudia Natanson.
In response to a string of high-profile and damaging ransomware attacks that took place over the past several months, the Biden administration sent an open letter to U.S. business leaders asking them to take the proper steps to protect their organizations from ransomware.
Cox Media Group's TV and radio affiliates' ability to livestream content was mostly offline Thursday evening, possibly due to an unspecified cyber incident, says the security firm Recorded Future.
Managed service providers are hardly immune from digital transformation. But what does transformation mean through their lens? Adrien Gendre of Vade shares insight on the trends, as well as the business benefits of tool consolidation.
The ransomware attack that disrupted operations at meat processing giant JBS has exposed cybersecurity shortcomings in the U.S. agricultural sector and food supply chain. Experts say the industry demands the level of security scrutiny given to the electrical grid and other critical infrastructure.
Researchers at Google have identified a new Rowhammer exploit, dubbed Half-Double, which targets design flaws in some of the newer DRAM chips to alter their memory content.
Mario Demarillas, CISO and head of IT consulting and software engineering at Exceture, in the Philippines, strikes a balance between securing his organization and its business offering in security.
It is particularly challenging for financial institutions to catch authorized push payment fraud. But behavioral metrics can play a big role in detecting these incidents, says Steve Ledford of The Clearing House.
Election security improvements, the push for all software to ship with a "bill of materials" and the results of a long-running investigation into a lucrative digital advertising scam are among the latest cybersecurity topics to be featured for analysis by a panel of Information Security Media Group editors.
The White House has written to business leaders, urging them to prioritize having robust ransomware defenses in place. The move comes as the Biden administration pursues multiple strategies to combat ransomware and digital extortion, including ordering a new task force to coordinate all federal investigations.
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