Canadian Sebastien Vachon-Desjardins received a 20 year prison sentence from a U.S. judge based in Florida after copping to four felonies stemming from a stint as an affiliate of the NetWalker ransomware-as-a-service gang. "This is Jesse James meets the 21st century," said Judge William F. Jung.
Over his 23-year career in cybersecurity, Tom Kellermann has focused on policy, endpoints and even strategic investments. Now, in his new role as senior vice president of cyber strategy at Contrast Security, his mission is to protect code security - particularly in the public and financial sectors.
In PWC’s 25th Annual Global CEO Survey, respondents listed cyber risks as their top threat to growth.
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A phishing email led to the spread of the Cryptolocker Trojan inside the court system of Chile, adding to a growing list of cyber disruptions affecting the South American country. Court officials stressed that the virus was contained before it could disrupt judicial proceedings.
Ransomware hackers made good on a threat to publish patient and staff data stolen from a French hospital after administrators said they refused on principal to pay out. François Braun, French minister of social affairs and health, said that the government will "not give in to these criminals."
What is the future of ransomware, and is it going to continue with the same intensity of the last few years? Michael DeBolt of Intel 471 says anti-ransomware efforts, including government action and better cybersecurity practices, are working. But ransomware isn't going away soon.
As budgets tighten in anticipation of economic hardships, cybersecurity threats only continue to grow. Bill Bernard, CISSP of Deepwatch, advises security leaders to consider how senior management and the board view cybersecurity and then adjust how you prioritize people, technology and managed services.
As ransomware actors continue to ply their trade, prospective victims need to get better at all three phases of an attack: before, during and after. Andrew Stone of Pure Storage shares insights on how to improve defenses by focusing on hygiene, authentication, awareness and logging.
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The chief executive of Portugal's state-owned airline said she will not negotiate with hackers even as the Ragnar Locker ransomware-as-a-service group posted online the data of 1.5 million customers. "We hope you support us in this ethical attitude," said Christine Ourmières-Widener.
The latest edition of the ISMG Security Report discusses financial giant Morgan Stanley's failure to invest in proper hard drive destruction oversight, the future of ransomware and the gangs that have attacked organizations in recent years, and the methods required to secure new payments systems.
School is out for more than 3,000 students of a suburban Detroit district undergoing its second day of forensics analysis following an online attack. Students have been told not to use district-issued Chromebooks. Federal authorities have warned that school districts are targets of ransomware gangs.
Gone are the days of boring, methodical and routine data protection. Today’s threats, most notably ransomware, have changed how organizations protect and recover mission critical data. The need is clear for modern backup and recovery, with collaborative IT and security support and planning that is woven into the...
The LockBit group has paid the first payment of $50,000 as part of its bug bounty program for researchers willing to aid in cybercriminality. The group had announced that it will pay individuals who find exploitable vulnerabilities in the software it uses to maliciously encrypt files.
Swiss police say that thanks to private encryption keys being recovered from a suspected member of a ransomware-wielding gang accused of amassing over 1,800 victims across 71 countries, victims of LockerGoga and MegaCortex ransomware can recover their data for free.
Ransomware gives cryptocurrency a bad name. U.S. federal regulators have noticed, publishing on Friday a slew of recommendations for ensuring that the blockchain world isn't a criminal haven. Among them are legislative proposals that would strengthen anti-money laundering statutes.