Colonial Pipeline Co. CEO Joseph Blount defended his actions during the opening hours of the May 7 DarkSide ransomware attack against his company as several lawmakers on the Senate Homeland Security and Governmental Affairs Committee grilled the executive for over two hours on Tuesday.
A lot of CISOs talk about having security "baked into" their products and solutions. But for Stephenie Southard, vice president and and CISO at BCU, security leadership is all about ensuring that cybersecurity is part of the enterprise's very fabric.
CISA is preparing to expand its vulnerability research and disclosure program, which is now mandatory for nearly all executive branch agencies, by creating a vulnerability disclosure platform service. As part of this effort, the cybersecurity agency is partnering with Bugcrowd and EnDyna.
Ransomware actors continue to target schools and universities across the U.K., and attacks have surged since February, a new report by the U.K's National Cyber Security Center warns. The agency has also released a free tool to help schools detect any compromise.
Amazon, Google, Spotify and Twitter were among the sites that were unreachable Tuesday morning due to a configuration error at widely used content delivery network Fastly, which said the problem was resolved after about an hour, after which the disruptions would begin to abate.
Thousands of suspected criminals have been relying on the "Anom" encrypted communications platform to coordinate their efforts. But the FBI and Australian police developed Anom as a honeypot for monitoring criminals, producing intelligence that globally led to 800 arrests and massive drug seizures.
Ransomware attacks have evolved over the years as attackers have come out with new strategies for digital extortion, says Chris Novak, global director of the Threat Research Advisory Center at Verizon Business Group. He shares insight from the Verizon 2021 Data Breach Investigations Report.
The U.S. Justice Department reported it recouped $2.3 million of the $4.4 million ransom Colonial Pipeline Co. paid following a May 7 ransomware attack. The DOJ's Ransomware and Digital Extortion Task Force coordinated the effort, in which the FBI tracked payment to a bitcoin wallet it controls.
Researchers believe that a malware variant that specifically targets poorly protected or misconfigured Windows containers has been uncovered for the first time, according to a report published by Palo Alto Networks' Unit 42. A successful attack establishes a backdoor and persistence.
The Identity Theft Resource Center, a nationally recognized nonprofit organization established to support victims of identity crime, has published new research that shows nearly 30% of people who contact the ITRC are victims of more than one identity crime.
U.S. Justice Department prosecutors have charged a 55-year-old Latvian woman with helping to develop code for the Trickbot gang as well as stealing banking credentials and deploying ransomware, according to a federal indictment. Alla Witte faces more than 30 years in prison if convicted.
Australian spies should be allowed to take offensive action against some of the world's most prominent ransomware gangs, says Tim Watts, a member of Australia's Parliament who says the move, proposed under the Labor Party's push for a national ransomware strategy, would deter attackers.
A district court in Kazakhstan sentenced two unidentified Cobalt, aka Carbanak, gang members to serve eight years in prison on robbery and attempted robbery charges. The gang members are believed to have been involved in cashing out operations, according to Group-IB.
Investigators have found that ransomware operators gained access to Colonial Pipeline via a VPN account that was no longer used and didn't have two-step verification enabled. The credentials turned up in a data breach, but security researchers say it's unclear if that's how the attackers sourced them.
The European Commission has released two new tools aimed at easing the current legal hurdles associated with data sharing by European Union-based organizations and other businesses operating in the region. Tech giants embroiled in controversy over the EU's data -sharing polices welcomed the move.