While doing digital transformation, CISOs tend to look more at technology and try to adapt it without making the distinction between technologies that are must-have and good to have. Krishnamurthy Rajesh of ICRA says CISOs must analyze risks, update security, and change the mindset of employees.
The cyber actors suspected of being behind the deployment of ransomware strains such as LockerGoga, MegaCortex and Dharma, among others, are under arrest, after a joint operation involving law enforcement and judiciary agencies from eight countries. The actors are believed to have affected more than 1,800 victims.
While overregulating the cryptocurrency space is not advisable, it is important for the Biden administration to look into the areas in which cryptocurrencies pose the greatest risks, says Nichole Dennis, director and government relations specialist with Cybercrime Support Network.
National Cyber Director Chris Inglis on Thursday announced that Federal CISO Chris DeRusha will concurrently serve as his deputy at the newly created office. Inglis, a Senate-confirmed top adviser to the president, also released a "statement of strategic intent" outlining his own official duties.
In ransomware attacks, cybercriminals attack through the backups because they know that security practitioners rely on backups to save themselves after a ransomware attack. Therefore, it is essential to have multiple backups, says Tom Kellermann, head of cybersecurity strategy at VMware.
As the global pandemic enters its second year, IT and infosec teams continue to face challenges on all sides. On top of “ordinary” cybersecurity issues, they’re dealing with an explosion of pandemic-themed phishing scams and a surge in ransomware attacks. How well prepared are users?
Four ISMG editors discuss important cybersecurity issues, including law enforcement authorities' disruption of ransomware gang REvil's operations, how to collaborate as an industry to fight the surge in ransomware attacks hitting businesses, and increasing diversity and inclusion in the workplace.
The latest ISMG Security Report features the fallibility of ransomware gangs and why victims should always seek help from a reputable response firm, law enforcement or other qualified expert. Also featured: Data protection advice and why the remote work model might make securing data easier.
The National Rifle Association has reportedly fallen victim to a ransomware attack at the hands of a Russian cybercriminal gang known as Grief. The group has reportedly posted 13 files to its website after claiming to have hacked the gun rights advocacy group.
North Korean advanced persistent threat group Lazarus - aka Hidden Cobra - is developing supply chain attack capabilities using its multiplatform malware framework, MATA, for cyberespionage goals, according to researchers from Kaspersky.
CISA announced that Washington Secretary of State Kim Wyman will be the agency's senior election security lead. She will become a top security official within the Biden administration, inheriting a role that has garnered public attention following interference in 2016 and fraud claims in 2020.
Telecom company Voipfone has come under a severe "extortion-based" DDoS attack from foreign entities, according to a tweet by the U.K.-based company. The attack is likely a continuation of the one observed on Thursday, although the company stated that all its systems remained operational.
The U.S. Department of State will create a Bureau of Cyberspace and Digital Policy, led by a Senate-confirmed ambassador-at-large, to advance its cybersecurity diplomacy efforts, according to Secretary of State Antony Blinken. The move is a response to a challenging global threat landscape.
Will the notorious ransomware operation known as REvil, aka Sodinokibi, reboot yet again after someone apparently messed with its infrastructure? Experts suggest that the operation's brand is burned, and administrators will launch a new group. Many affiliates, meanwhile, already work with multiple groups.
International law enforcement officials on Tuesday announced that some 150 suspects have been arrested globally for buying or selling illegal goods, following a 10-month sting operation, code name "Operation DarkHunTOR," targeting the dark web.
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