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.
The latest edition of the ISMG Security Report features an analysis of whether courts can trust evidence collected by Cellebrite's mobile device forensic tools. Also featured: Report shows attackers' dwell times plummeting; a call for partnership with law enforcement.
About 50% to 70% of all ransomware attacks in the U.S. are targeting small and medium-sized businesses, costing the victims an estimated total of $350 million in the last year, Secretary of Homeland Security Alejandro Mayorkas said Wednesday in a speech to the U.S. Chamber of Commerce.
SmileDirectClub, which sells teeth-straightening appliances, expects that a recent cyberattack, which disrupted the manufacturing of its products, will take a $10 million to $15 million bite out of its second-quarter revenue.
A ransomware gang claims to have stolen SIM card data and banking information in an attack on Schepisi Communications, a service provider to Australian telecommunications company Telstra, a local news outlet reports.
In light of the surge in ransomware attacks against universities, institutions need to make asset management a much higher priority, removing obsolete systems and upgrading essential systems to the latest version to avoid exploits of unpatched vulnerabilities, says Matthew Trump of the University of London.
Iran's Islamic Revolutionary Guard Corps was behind a ransomware campaign that used a contracting company called "Emen Net Pasargard" to target more than a dozen organizations, according to the security firm Flashpoint. But could cyberespionage be the campaign's true mission?
San Diego-based Scripps Health, which operates four area hospitals, has been forced to postpone some patient care - and reportedly divert some patients seeking emergency treatment - as a result of what local news outlets say is a ransomware attack.
The average amount of time that online attackers camp out in a victim's network - or "dwell time" - has been declining, FireEye's Mandiant incident response group reports. But the surge in ransomware accounts for some attacks coming to light more quickly because those attackers announce their presence.
Four editors at Information Security Media Group discuss timely issues, including how the zero-day attacks against Accellion File Transfer Appliance users have rewritten the rules of the cyber extortion game and former federal CISO Gregory Touhill taking on an important new role.
The Babuk ransomware gang says it will no longer launch attacks but instead will make its malware source code available for other attackers to use. The gang took credit for recent attacks against the Washington, D.C. Metropolitan Police Department and the Houston Rockets basketball team.
A cyberthreat gang that's been active since 2020 exploited a now-patched zero-day vulnerability in the SonicWall SMA 100 Series appliance to plant ransomware in attacks launched earlier this year, FireEye Mandiant researchers say.
A coalition of government agencies and security firms has released a framework for how to disrupt ransomware attacks that calls for expanded regulation of the global cryptocurrency market to better track the virtual coins paid to cybercriminals during extortion schemes.