Cybersecurity professionals expect a spike in ransomware attacks against school districts and universities this fall as new hybrid learning environments go online and unpatched equipment that has spent months in the homes of students and faculty is reconnected to school networks.
The latest edition of the ISMG Security Report analyzes why Barclays is being investigated for allegedly spying on its employees. Also featured: How the pandemic is affecting CISOs; an FBI assessment of nation-state threats to U.S. election.
Yet another ransomware-wielding gang has threatened to steal and leak the data of any victims who refuse to pay a ransom: The operators of Avaddon ransomware have created a dedicated data-leak site that already lists a construction firm victim, and the gang continues to recruit new affiliates.
Phishing, pandemic-themed malware and ransomware - the threat landscape is familiar. But what is the deeper impact on cybersecurity visibility and response? Keith McCammon of Red Canary shares insight in advance of a virtual roundtable.
Security experts say that ransomware victims too often treat the malware infection as an isolated event, when they should instead assume that attackers remain in their network until proven otherwise. Here are eight tips for dealing with ransomware and other intrusions and making a full recovery.
U.S. financial institutions are vulnerable to a new array of attacks from cybercriminals and nation-state hackers as a result of the COVID-19 pandemic, experts told a Congressional panel at a virtual hearing.
A robust customer identity and access management strategy is critical to digital success for today's financial institutions. Eugenio Pace of Auth0 and Paul Bedi of IDMWORKS discuss CIAM in the age of the remote worker.
The average ransom paid by victims to ransomware attackers reached $111,605 in the first quarter of this year, up 33% from the previous quarter, reports ransomware incident response firm Coveware, which sees the Sodinokibi, Ryuk and Phobos malware families continuing to dominate.
Travelex, a London-based foreign currency exchange that does business in 26 countries, including the U.S., paid a ransomware gang $2.3 million to regain access to its data following an attack, the Wall Street Journal reports. The incident crippled the company's customer services for weeks.
Finastra, a large financial services software provider based in London, continues to recover from a ransomware attack that forced the company to take its IT operations offline Friday to prevent further damage to its corporate network, according to the company's CEO.
Officials at the Albany International Airport paid a ransom to cybercriminals after the facility's systems were hit with Sodiniokibi ransomware strain, according to local media reports. It's the same crypto-locking malware that has crippled currency exchange firm Telenex since the start of the year.
Pemex, Mexico's state-run oil company, is refusing to pay attackers a $5 million ransom after a ransomware attack against the firm's administrative offices, according to news reports. The company is still attempting to recover.
Johannesburg has been hit with a ransomware attack that is crippling municipal services. City Power, an electric utility owned by the city that was hit by a similar attack in July - also was affected by the latest attack.