Botnets are bred and nurtured by hackers to provide a powerful, dark cloud computing network used to conduct cybercrime attacks, like the recent DDoS attack against popular Domain Name Service (DNS) provider Dyn. This attack took down several flagship websites and significant parts of the internet for hours. The good...
The U.S. Justice Department unsealed indictments against six Russian military officers on Monday, alleging that they carried out a series of major hacking operations, including deploying destructive NotPetya malware - tied to more than $10 billion in damages - and attacking the 2018 Olympics.
To mitigate the risks posed by ransomware attacks, enterprises need to move from file-based security to a behavior-based approach, says Jennifer Ayers, vice president of the OverWatch division of Crowdstrike.
The latest edition of the ISMG Security Report analyzes a new report that labels ransomware as the No. 1 cybercrime threat. Also featured: A former FBI agent offers an update on "disruptionware" attacks; how Tesla's autopilot is tricked by phantom images.
As ransomware continues to slam organizations, a lively debate has ensued about whether ransom payments should be banned in all cases. Attempting to ban ransom payments, however, likely would only make the problem worse.
A newly identified financially motivated threat group, dubbed "FIN11," is deploying Clop ransomware and exfiltrating data from its targets for extortion efforts, according to researchers at FireEye Mandiant.
Cybercrime wouldn't exist as we know it today without there being a multitude of technologies and services that criminals have been able to turn to their advantage, and cryptocurrency is one of the prime examples, especially when it comes to ransomware, darknet markets and money laundering.
Despite the takedown of the Trickbot botnet by Microsoft and others Monday, the malware is still functioning, and its operators retain the tools needed to rebuild their malicious network, some cybsersecurity experts say. So the impact, while significant, could prove to be temporary.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
Those selling "network access" on underground forums are adjusting their business models to take advantage of the huge influx of ransomware gangs that are looking for easier and more efficient ways to gain access to their targets, Accenture reports.
Microsoft collaborated with cybersecurity companies and government agencies to take down the million-device Trickbot botnet in an effort to help protect the Nov. 3 U.S. election and stop the global spread of ransomware and other malware.
Ransomware has emerged as the No. 1 online threat targeting public and private organizations this year. Seeking maximum returns, more gangs have moved beyond opportunistic attacks to target organizations with "post-intrusion ransomware." Meanwhile, many victims fail to report such crimes to police.
Ransomware is a prevalent cybersecurity threat. Threat actors are constantly changing tactics looking for new ways to force ransom payments. With each new emerging ransomware threat family, the size and scope of threats are more aggressive too. This has led to incredible increases in the average ransoms paid over the...