With corporate America beginning to ask employees to come back to their offices in the fall, cybersecurity teams have a huge task before them to ensure their work environment is safe. This is particularly true of IoT devices, as many have been left unprotected for months.
Remote management software vendor Kaseya has obtained a decryption tool for all organizations affected by the massive ransomware attack launched via its software. The tool should especially help the many small businesses still struggling to recover. Kaseya declined to comment on how it obtained the decryptor.
Now that the REvil ransomware gang has apparently shut down, victims are in a precarious situation. They must either rely on backups to restore data access or wait for the release of a decryptor, making sure they retain all encrypted files.
Software developer Kaseya has released patches for its remote monitoring software, which had been exploited by REvil ransomware attackers to infect up to 60 MSPs and 1,500 of their clients. The patches mitigate the final three vulnerabilities out of seven that researchers reported to Kaseya in early April.
In the latest weekly update, a panel of Information Security Media Group editors discusses the repercussions of the Kaseya ransomware incident, the immediate response of the cybersecurity community and key risk management takeaways.
As ransomware attacks become more prolific, their success is being driven by the increasing use of specialists who can refine every stage of an attack. It's a reminder that the goal of cybercrime remains to maximize illicit profits as easily and quickly as possible.
Ransomware-wielding criminals continue to hone their illicit business models, as demonstrated by the strike against customers of Kaseya. A full postmortem of the attack has yet to be issued, but one question sure to be leveled at the software vendor is this: Should it have fixed the flaw more quickly?
The U.S. Cybersecurity and Infrastructure Security Agency has released a Ransomware Readiness Assessment audit tool to help organizations size up their ability to defend against and recover from attacks.
Bitcoin has enabled fast payments to cybercriminals pushing ransomware. How to deal with bitcoin is the subject of a spirited debate, with some arguing to restrict it. But bitcoin doesn't always favor cybercriminals, and it may actually be more of an ally than a foe by revealing webs of criminality.
Colonial Pipeline Co. CEO Joseph Blount returned to Capitol Hill on Wednesday to answer additional questions about his company's response to the ransomware attack that affected the firm's operations for nearly a week, as well as his decision to pay the attackers.
Phishing, ransomware and unauthorized access continue to be the leading cyber causes of violations of data protection rules and personal data breaches, Britain's privacy watchdog reports. U.K. authorities say that breach reporting to regulators and law enforcement agencies remains relatively steady.
The White House officially released its fiscal year 2022 budget proposal on Friday. The Biden administration is seeking to spend billions on cybersecurity, including $750 million for "lessons learned" from the SolarWinds attack. Officials also want to boost CISA's budget by $110 million.
Insurance company CNA's apparent decision to pay attackers a $40 million ransom and Colonial Pipeline Co.'s payment of a $4.4 million ransom are stirring debate over whether such payments should be banned under federal law.
"They’re playing games," is how one security expert describes Conti ransomware-wielding attackers' "gift" of a decryptor to Ireland's crypto-locked health service, while still demanding a ransom to not leak stolen health data. The same could be said of the DarkSide gang's promised retirement.