Cybersecurity professionals expect a spike in ransomware attacks against school districts and universities this fall as new hybrid learning environments go online and unpatched equipment that has spent months in the homes of students and faculty is reconnected to school networks.
Ransomware gangs are increasingly not just claiming that they'll leak data if victims don't pay, but following through. On average, about a quarter of all successful ransomware attacks feature a gang claiming to have first stolen data. But in recent months, the number of gangs actually doing so has surged.
Ransomware-wielding gangs continue to rack up new victims and post record proceeds. That's driving new players of all sizes and experience to try their hand at the crypto-locking malware and data-exfiltration racket.
The University of Utah paid a $457,000 ransom to stop a hacker from disclosing data stolen in a July ransomware attack on the network of its College of Social and Behavioral Science.
Copycats using well-known threat actor names, such as Fancy Bear and Armada Collective, are launching extortion campaigns tied to distributed denial-of-service attacks against financial institutions, according to Akamai's Security Intelligence Research Team.
Ransomware gangs continue to see bigger payoffs from their ransom-paying victims, driven by "big-game hunting," data exfiltration and smaller players seeking larger returns, according to ransomware incident response firm Coveware.
The latest edition of the ISMG Security Report analyzes why Barclays is being investigated for allegedly spying on its employees. Also featured: How the pandemic is affecting CISOs; an FBI assessment of nation-state threats to U.S. election.
Yet another ransomware-wielding gang has threatened to steal and leak the data of any victims who refuse to pay a ransom: The operators of Avaddon ransomware have created a dedicated data-leak site that already lists a construction firm victim, and the gang continues to recruit new affiliates.
Jeanette Manfra served under three presidents as one of the top U.S. government cybersecurity leaders. Now in her new role with Google Cloud, she draws upon her public sector experience to help agencies in their cloud adoption.
Having a more thorough incident response plan can help organizations mitigate attacks faster and fine-tune their disaster recovery efforts, says Jeremiah Dewey of Rapid7.
Business resiliency and the supply chain - they both were tested by the disruptions we've all experienced. But Patrick Potter of RSA says there are lessons to be learned from the response, and they will guide us as we prepare for the next evolution of our business climate.
In this eBook, Potter discusses:
What...
Phishing, pandemic-themed malware and ransomware - the threat landscape is familiar. But what is the deeper impact on cybersecurity visibility and response? Keith McCammon of Red Canary shares insight in advance of a virtual roundtable.
Before Covid-19 had an unprecedented global impact on financial services, regulators in the United Kingdom had for some time been focusing their attention on how financial institutions (FIs) could address the challenges of responding to unforeseen events. Operational resilience is the collective description given to...
Security experts say that ransomware victims too often treat the malware infection as an isolated event, when they should instead assume that attackers remain in their network until proven otherwise. Here are eight tips for dealing with ransomware and other intrusions and making a full recovery.
The shift to working from home has changed the threat landscape, forcing organizations to rethink and revamp their business continuity strategies, says Steve Winterfeld of Akamai, who offers insights on mitigating the risks that come with remote work and ensuring employees can access the resources they need.
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