Fraud Management & Cybercrime , Governance & Risk Management , Ransomware

ISMG Editors: FBI Claws Back Crypto Ransoms to North Koreans

Also: Rise in Maui Ransomware Targeting Healthcare; Navigating Zero Trust Debate
Clockwise, from top left: Mathew Schwartz, Cal Harrison, Marianne Kolbasuk McGee

In the latest weekly update, three editors at Information Security Media Group discuss important cybersecurity issues, including the sharp rise in Maui ransomware attacks, the FBI seizing cryptocurrency ransom payments worth $500,000 from North Korean attackers and advice for CISOs navigating the zero trust debate.

See Also: The Cost of Underpreparedness to Your Business

The editors - Cal Harrison, editorial director; Marianne Kolbasuk McGee, executive editor, HealthcareInfoSecurity; and Mathew Schwartz, executive editor, DataBreachToday & Europe - discuss:

  • The sharp rise in attacks attributed to North Korean affiliates wielding Maui ransomware, especially targeting the healthcare sector;
  • Efforts by law enforcement to track and claw back cryptocurrency paid as ransoms to ransomware-wielding attackers;
  • Navigating the great zero trust debate: how the "never trust, always verify" methodology has become a buzzword of epic proportions but nevertheless immense potential.

The ISMG Editors' Panel runs weekly. Don't miss our previous installments, including the July 8 edition discussing the status of the software bill of materials or SBOM and the July 15 edition analyzing whether a recent attack on a steelmaker in Iran indicates a sudden increase in the danger posed by online attacks to industrial environments.

About the Author

Mathew J. Schwartz

Mathew J. Schwartz

Executive Editor, DataBreachToday & Europe, ISMG

Schwartz is an award-winning journalist with two decades of experience in magazines, newspapers and electronic media. He has covered the information security and privacy sector throughout his career. Before joining Information Security Media Group in 2014, where he now serves as the executive editor, DataBreachToday and for European news coverage, Schwartz was the information security beat reporter for InformationWeek and a frequent contributor to DarkReading, among other publications. He lives in Scotland.

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