A newly uncovered ransomware variant dubbed 'Epsilon Red' is targeting organizations in the U.S. hospitality sector, with the threat actor successfully extorting $210,000 from one of its victims, a new report by security firm Sophos notes.
Ransomware attacks are stuck on repeat: Criminal syndicates have found an extremely profitable business model, and they're milking it for all it's worth. So give the city of Tulsa, Oklahoma, credit for having in place robust disaster recovery capabilities and vowing to remediate, rather than pay criminals.
"They’re playing games," is how one security expert describes Conti ransomware-wielding attackers' "gift" of a decryptor to Ireland's crypto-locked health service, while still demanding a ransom to not leak stolen health data. The same could be said of the DarkSide gang's promised retirement.
Ransomware: The news isn't all bad. In fact, Derek Manky of Fortinet's FortiGuard Labs argues that recent takedowns and innovations have led to significant strides in defending against today's most crippling malware attacks.
Diving into the Colonial Pipeline ransomware attack - culprits, impact, recovery, and the increasing political firestorm it’s triggered - is the focus of the latest edition of the ISMG Security Report. Security leaders weigh in on the attack's significance and potential long-term ramifications.
As former CISO of Pacific Gas & Electric, Bernie Cowens knows plenty about cyber securing the nation's critical infrastructure. He shares his informed opinion on the Colonial Pipeline ransomware attack and what public and private sector entities must do to shore up key defenses.
Colonial Pipeline Co. announced Wednesday that it had restarted its operations following a ransomware attack last Friday. The company says it will take several days to restore all of its supply chain operations.
In April, Cybereason published a blog describing its research into the DarkSide ransomware strain that infected Colonial Pipeline this past week. Sam Curry, CSO of Cybereason, shares insights on DarkSide and the tactics behind the new breed of ransomware attacks.
For anyone wondering how the Russian-speaking, ransomware-wielding DarkSide crime syndicate was able to disrupt a major U.S. fuel pipeline, a more pertinent question might be: Why didn’t it happen sooner?
Gregory Touhill, the retired Air Force general and former federal CISO under President Obama, minces no words when he describes the Colonial Pipeline ransomware attack as a "global day of reckoning" for critical infrastructure protection.
Tom Kellerman of VMware Carbon Black shares his opinions about whether a nation-state was behind the recent ransomware attack on Colonial Pipeline and what the U.S. government should do to prevent other cyberattacks.
"It's not personal ... It's strictly business." That line from "The Godfather" encapsulates the mindset of criminals who extort businesses using ransomware and other tools: Their imperative is profits, no matter any disruption they might cause to critical services, such as those provided by Colonial Pipeline.
After a ransomware incident, Colonial Pipeline Co. has restored smaller pipelines that ship fuels to the U.S. East Coast, but its larger ones are still offline as it assesses safety. Citing U.S. officials, The Associated Press reports the company was infected by the DarkSide ransomware group.
Colonial Pipeline, which oversees more than 5,500 miles of pipeline that supplies fuel throughout the U.S. East Coast, confirmed Saturday that a ransomware attack has disrupted its services, and the company has taken some of its IT systems offline as a precaution.