The U.S. Senate has unanimously approved Chris Inglis as national cyber director. He assumes the role as the country is still reeling from a series of ransomware attacks and the SolarWinds supply chain attack. Meanwhile, confirmation of a new CISA director is on hold.
Bitcoin has enabled fast payments to cybercriminals pushing ransomware. How to deal with bitcoin is the subject of a spirited debate, with some arguing to restrict it. But bitcoin doesn't always favor cybercriminals, and it may actually be more of an ally than a foe by revealing webs of criminality.
The Department of Homeland Security unit that's responsible for the safety of the nation's interstate pipelines is preparing new cybersecurity requirements for oil and gas companies in the wake of the Colonial Pipeline Co. ransomware attack.
Colonial Pipeline Co. CEO Joseph Blount returned to Capitol Hill on Wednesday to answer additional questions about his company's response to the ransomware attack that affected the firm's operations for nearly a week, as well as his decision to pay the attackers.
Phishing, ransomware and unauthorized access continue to be the leading cyber causes of violations of data protection rules and personal data breaches, Britain's privacy watchdog reports. U.K. authorities say that breach reporting to regulators and law enforcement agencies remains relatively steady.
The White House officially released its fiscal year 2022 budget proposal on Friday. The Biden administration is seeking to spend billions on cybersecurity, including $750 million for "lessons learned" from the SolarWinds attack. Officials also want to boost CISA's budget by $110 million.
The Department of Homeland Security has issued a cybersecurity directive that requires the operators of oil and gas pipelines to report ransomware attacks and other security incidents to the government and take other security steps.
Insurance company CNA's apparent decision to pay attackers a $40 million ransom and Colonial Pipeline Co.'s payment of a $4.4 million ransom are stirring debate over whether such payments should be banned under federal law.
"They’re playing games," is how one security expert describes Conti ransomware-wielding attackers' "gift" of a decryptor to Ireland's crypto-locked health service, while still demanding a ransom to not leak stolen health data. The same could be said of the DarkSide gang's promised retirement.
Colonial Pipeline Co.'s CEO, Joseph Blount, said Wednesday that he authorized the payment of a $4.4 million ransom just hours after the company was hit by a DarkSide ransomware attack, telling The Wall Street Journal, "It was the right thing to do for the country."
The Colonial Pipeline ransomware attack was every CISO's nightmare. And Roger Caslow of HRSD has faced a similar nightmare before. Caslow and Amit Basu of International Seaways weigh in on this recent attack, its significance and how ransomware defenses must change.
In the past six months alone, we've seen the SolarWinds attack, the Microsoft Exchange Server exploits and the Colonial Pipeline ransomware strike. The threats are more imminent than ever. But Philip Reitinger of the Global Cyber Alliance believes strongly: We created this mess, and we can fix it.