Bad news on the ransomware front: Victims that choose to pay attackers' ransom demands - in return for the promise of a decryption tool - last quarter paid an average of $84,116, according to Coveware. But gangs wielding Ryuk and Sodinokibi - aka REvil - often demanded much more.
Many companies that should be offering customers the ability to "opt out" of the sale of their information under the California Consumer Privacy Act are failing to do so because of the law's ambiguities, some legal experts say. CCPA went into effect Jan. 1, but it won't be enforced until July.
Dave DeWalt, former CEO of FireEye and McAfee, has been appointed vice chair of the board of Onapsis, a vendor focused on securing business-critical applications. In this exclusive interview, DeWalt opens up on application vulnerabilities, the evolution of the nation-state threat and technologies to watch in 2020.
U.K. officials reportedly are considering a proposal to allow China's Huawei to play a limited role in providing certain equipment for the country's 5G rollout, which would defy calls from the U.S. for a complete ban of telecom gear from the company.
The latest edition of the ISMG Security Report offers an analysis of fresh details on the hacking of Amazon CEO Jeff Bezos' iPhone. Also featured: an update on Microsoft's exposure of customer service records; a hacker's take on key areas of cyber hygiene.
It's a seductive story line: A chat app belonging to Saudi Arabia's crown prince is used to deliver malware to an American billionaire's phone. But a forensic investigation of Amazon CEO Jeff Bezos' phone raises more questions than it answers.
A point-of-sale system vendor that serves U.S. medical and recreational cannabis dispensaries left an unprotected database containing sensitive information about three clients and 30,000 of their customers exposed to the internet, researchers say.
Microsoft accidentally internet-exposed for three weeks 250 million customer support records stored in five misconfigured Elasticsearch databases. While the company rapidly locked them down after being alerted, it's an embarrassing gaff for the technology giant, which has pledged to do better.
Apple previously scuttled plans to add end-to-end encryption to iCloud backups, Reuters reports, noting that such a move would have complicated law enforcement investigations. But the apparent olive branch hasn't caused the U.S. government to stop vilifying strong encryption and the technology giants that provide it.
Britain's two largest telecommunications firms - BT and Vodafone - plan to lobby Prime Minister Boris Johnson to not fully ban Huawei hardware from the nation's 5G rollout, warning that doing so could delay their rollouts, the Guardian reports.
FTCODE, a ransomware strain that has been active since at least 2013, has recently been revamped to include new features, including the ability to steal credentials and passwords from web browsers and email clients, according to two research reports released this week.
Mitsubishi Electric says hackers exploited a zero-day vulnerability in its anti-virus software, prior to the vendor patching the flaw, and potentially stole trade secrets and employee data. The Japanese multinational firm announced the breach more than six months after detecting it in June 2019.