After a string of high-profile hits, many of the largest and most notorious ransomware operations recently disappeared. But the pace of ransomware attacks hasn't diminished because of a steady influx of new operations, existing operations getting more sophisticated and old players rebranding.
How can XDR help mitigate ransomware risks? Two experts - Assad Arabi, managing director, gulf cluster region, at Trend Micro, and Andrew Philp, sales leader at the company - offer insights.
In the first half of 2021, Fortinet's FortiGuard Labs detected a 10-fold increase in weekly ransomware activity as compared to 2020. This is just one of the trends detailed in the Global Threat Report for the first half of 2021. Derek Manky of FortiGuard Labs analyzes the trends and takeaways.
Although a majority of financial services executives predict that cryptocurrency will replace or rival fiat currency within the next five to 10 years, they say cybersecurity, regulatory and privacy issues are among the biggest obstacles to its adoption, according to a survey by Deloitte.
The Biden administration unveiled a package of supply chain and critical infrastructure security initiatives following a meeting at the White House with tech executives and others. Companies such as Google and Microsoft also promised billions in spending on cybersecurity over the next several years.
Bitdefender has conducted a forensic analysis of a new backdoor, dubbed Sardonic, used by the threat group Fin8 in recent attacks against two financial organizations.
Indianapolis, Indiana-based Eskenazi Health has acknowledged that hackers stole some data and posted it on the darkweb after a ransomware attack. But the organization says it's not yet determined if individuals need to be notified because its investigation is still underway.
Researchers at The Citizen Lab at the University of Toronto say they've found a new zero-click iMessage exploit that's been used by the government of Bahrain to install the NSO Group's Pegasus spyware on the devices of human rights and political activists.
The Biden administration is hosting a White House meeting Wednesday with technology, banking, insurance and education executives to focus on cybersecurity and national security issues, such as protecting critical infrastructure from attacks and how to hire more security professionals to meet demand.
Security researchers at AT&T Alien Labs say they've discovered a cluster of Linux ELF executables, identified as modifications of the open-source PRISM backdoor, that attackers have been using in several campaigns for more than three years.
Want defensive advice from a ransomware-wielding attacker? In a tell-all interview, a LockBit 2.0 representative not only extols the virtues of his malware, but also advises would-be victims to hire red teams, keep their software updated and educate employees to resist social engineering attacks.
Despite security improvements over the last seven years, the U.S. Agency for International Development, or USAID, needs to better protect the large amounts of personal identifiable data - such as Social Security numbers - that the agency collects, according to an inspector general's audit.
Google has removed eight fake cryptomining apps from its Play Store, but researchers at security firm Trend Micro have flagged 120 other apps on users' phones purporting to also be cryptomining. Users paid for services the eight apps never delivered.
The Department of Labor is offering $240 million in grants to states to help fight against unemployment benefits fraud. Eva Velasquez, CEO at the Identity Theft Resource Center, offers insights on making the most of this investment with a multilayered security approach.
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