The gang behind the Conti ransomware variant has posted data to its darknet website that it says it stole during a ransomware attack on industrial IoT chipmaker Advantech last month. The company reportedly confirmed the attack on Monday.
Canon USA has finally acknowledged that a ransomware attack earlier this year involved the theft of corporate data, including such employee information as Social Security numbers and financial account numbers.
The latest edition of the ISMG Security Report features an analysis of how cybercriminals are ditching banking Trojans in favor of ransomware attacks. Also featured: Defending against deep fakes; supporting a dispersed workforce.
Officials with the Baltimore County Public Schools are investigating a ransomware attack that disrupted virtual learning for students this week. Now, the district has been forced to call-off its virtual classes until next Monday.
French IT services firm Sopra Steria, which was hit with Ryuk ransomware in October, now estimates that the attack could cost the company up to $60 million in recovery costs. Experts say that after going quiet in March, Ryuk reappeared in September, and has targeted numerous hospitals.
Driven by the profits to be achieved via ransomware, most botnet operators have dropped banking Trojans in favor of supporting and running crypto-locking malware attacks, according to security experts who spoke Wednesday at cybersecurity firm Group-IB's CyberCrimeCon 2020 virtual conference.
The FBI has sent out a private industry alert warning about an increase in attacks using Ragnar Locker ransomware. The operators behind this crypto-locking malware have recently targeted companies that include EDP, Campari and Capcom, researchers note.
This report helps to quantify the economic cost of cyberattacks by analyzing trends in malicious activities over time. By better understanding the impact associated with cybercrime, organizations can determine the right amount of investment in cybersecurity. Looking back at the costs of cybercrime to date is...
The first six months of 2020 saw an increase in threats to OT and IoT networks, especially IoT botnet, ransomware and COVID-19-themed attacks. These attack types align with global computing and socio-economic trends. The rapid rise in IoT devices and connections, the worldwide COVID-19 pandemic, and the increasing...
Ransomware continues to pummel many types of organizations, recently including South Korea's E-Land retail group, French newspaper Paris-Normandie and a Georgia county school system. A ransomware hit against hosting giant Managed.com has resulted in ongoing site outages for numerous others.