Although the global financial industry has made strides in protecting its data from malware, including Trojans, cyberthreats such as network intrusion, ransomware and criminal gang cooperation are presenting fresh challenges, according to the Carnegie Endowment for International Peace.
This edition of the ISMG Security Report features a discussion with Christopher Krebs, the recently fired director of the Cybersecurity Infrastructure Security Agency, on his accomplishments at the agency. Also featured are updates on ransomware gangs recruiting affiliates and healthcare supply chain risks.
Japanese computer game company Capcom acknowledged this week that a November security incident was a Ragnar Locker ransomware attack that resulted in about 350,000 customer and company records, including sales and shareholder data, potentially being compromised.
Over the past five years, ransomware-as-a-service offerings have largely evolved from putting automated toolkits into the hands of subscribers to recruiting affiliates and sharing profits. To maximize revenue, some larger operators are also seeking affiliates with more advanced IT and hacking skills.
The gang behind the Ragnar Locker ransomware posted an ad on Facebook in an attempt to publicly shame a victim so it would pay a ransom. Security experts say the innovative tactic is indicative of things to come.
Darkside is the latest ransomware operation to announce an affiliate program in which a ransomware operator maintains crypto-locking malware and a ransom payment infrastructure while crowdsourced and vetted affiliates find and infect targets. When a victim pays, the operator and affiliate share the loot.
In this discussion-based panel event, Frank Johnson, battle-tested, ransomware survivor Public Sector CIO and Chris Fedde, Board Member of
Votiro, will review lessons learned from Frank's experience dealing with a breach.
Along with stories from inside the breach, this session will also explore how best to...
There is a reason more than half of today's ransomware victims end up paying the ransom. Cyber-criminals have become thoughtful; taking time to maximize your organization's potential damage and their payoff. After achieving root access, the bad guys explore your network reading email, finding data troves and once...
Researchers at Kaspersky have uncovered a Linux version of the RansomEXX ransomware that, until now, had targeted only Windows devices. The ransomware has been tied to several high-profile attacks over the last several months.
Victims of crypto-locking malware who pay a ransom to their attackers are paying, on average, more than ever before. But investigators warn that when victims pay for a guarantee that all data stolen during an attack will get deleted, criminals often fail to honor their promises.
The number of attacks related to Emotet continues to spike after the dangerous botnet re-emerged over the summer with a fresh phishing and spam campaign, according to research from HP-Bromium. During this time, Emotet is mainly infecting devices with the QBot or QakBot banking Trojan.
After weeks of rising anxiety, Election Day proceeded in the U.S. with no public indications of interference. But experts say misinformation campaigns are still likely, and there's plenty of time for malicious activity as the vote tallying proceeds.
The U.K. NCSC responded to over 700 cyber incidents over a 12-month period, 200 of which were related to the COVID-19 pandemic, according to the cyber agency's annual report. NCSC also notes that's it's preparing to step-up its response to cyber incidents involving the NHS and vaccine development.
The Maze cybercrime gang, which revolutionized the ransomware business by adding an extortion element to each attack, has issued a statement saying it has hung up its spikes and will retire, at least temporarily. Security executives do confirm Maze's activity has dropped off in recent months.