The latest edition of the ISMG Security Report analyzes how criminals keep finding new ways to make ransomware victims pay. Also featured: Preventing digital currency counterfeits; a proposed health data privacy framework.
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 ransomware gangs continue to see bigger payoffs from their ransom-paying victims. Also featured: Lessons learned from Twitter hacking response; security flaw in Amazon's Alexa.
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.
The day after President Trump issued executive orders to ban Chinese-owned social media apps TikTok and WeChat, Sanjay Virmani of the FBI's San Francisco office shared insights on the Chinese cyberthreat, election security and crime trends in the wake of COVID-19.
It's a new and permanent extended enterprise, as cybersecurity leaders budget for 2021. What are the top threats and vulnerabilities? How have enterprises hardened their endpoint defenses? Stacia Tympanick of VMWare Carbon Black previews a new virtual roundtable.
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.
The U.S. Secret Service is combining its electronic and financial crime units into a single task force that will focus on investigating cyber-related financial crimes, such as BEC schemes and ransomware attacks. The move comes as lawmakers push for the Secret Service to take a more active role in fighting cybercrime.
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.
Scammers are looking to capitalize on the extortion campaigns being conducted by the Maze ransomware gang and others by demanding thousands of dollars in ransom to not release data they claim to have exfiltrated when in fact no attack took place and no data was removed, according to security firm WebARX.
Ransomware, wire transfer fraud, destructive attacks: In recent months, the financial sector has seen these and other online attacks surge by 238% as criminals continue to exploit the pandemic, warns Tom Kellermann of VMware Carbon Black, who shares findings from his firm's third "Modern Bank Heists" report.
The Maze ransomware gang has started releasing payment card data from an attack that happened earlier this year at Banco BCR, the state-owned Bank of Costa Rica. The cybercriminal gang is now threatening to release more of customers' financial data each week.
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.