Are insurers getting cold feet over covering losses to ransomware? With claims due to ransomware skyrocketing, some insurers have reportedly been revising offerings to make it tougher for companies to claim for some types of cybercrime, including extortion.
K12, a company offering online school curricula, says it paid a ransom after a recent ransomware attack in exchange for the hackers agreeing not to release stolen data.
Citi, Equifax, Capital One - the list of financial institutions that have suffered high-profile cyber incidents is long, and the penalties they've incurred have been steep. To Scott Kannry, CEO of Axio, it all comes down to cyber risk - and he has new ideas for redefining it.
The gang behind the Conti ransomware variant has posted data to its darknet website that it says it stole during a ransomware attack on industrial IoT chipmaker Advantech last month. The company reportedly confirmed the attack on Monday.
The Baltimore County Public Schools system was notified by state auditors of several cybersecurity weaknesses the day before the district was hit with a crippling ransomware attack.
It took 100 days for the world to record its first 1 million COVID-19 infections. A week ago, 1 million cases were added in just over one day. In advance of the Thanksgiving break, pandemic expert Regina Phelps shares insights on the virus, testing and how soon we might see vaccines.
The latest edition of the ISMG Security Report features an analysis of how cybercriminals are ditching banking Trojans in favor of ransomware attacks. Also featured: Defending against deep fakes; supporting a dispersed workforce.
Glen Hymers, CISO and head of data protection at the U.K.-based charity Save the Children International, says adapting to a cloud-first environment requires extensive security measures, including automated monitoring.
The FBI has sent out a private industry alert warning about an increase in attacks using Ragnar Locker ransomware. The operators behind this crypto-locking malware have recently targeted companies that include EDP, Campari and Capcom, researchers note.
Cybersecurity leaders are not immune to the forces of digital transformation. In fact, Nicolas Casimir, CISO EMEA with Zscaler, says the role is forever changed by the business and technologies evolutions we have seen in 2020.
Ransomware continues to pummel many types of organizations, recently including South Korea's E-Land retail group, French newspaper Paris-Normandie and a Georgia county school system. A ransomware hit against hosting giant Managed.com has resulted in ongoing site outages for numerous others.
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This edition of the ISMG Security Report features a discussion with Christopher Krebs, the recently fired director of the Cybersecurity Infrastructure Security Agency, on his accomplishments at the agency. Also featured are updates on ransomware gangs recruiting affiliates and healthcare supply chain risks.
Distributed denial-of-service attacks have not garnered much attention this year. But analysts say such attacks could surge, and they have the potential to be just as damaging as ransomware and other types of cyberthreats.
The latest edition of the ISMG Security Report features an analysis of how President-elect Joe Biden is expected to renew international relationships needed in the fight against cyberattacks. Also featured: the pandemic's impact on cybercrime; analysis of Europol's annual cybercrime report.
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