Nearly three weeks ago, Iran's state railway company was hit with a cyberattack that was disruptive and - somewhat unusually - also playful. Security firm SentinelOne says analyzing the wiper malware involved offers tantalizing clues about the attackers' skills, but no clear attribution.
The latest edition of the ISMG Security Report features an analysis of the disappearance of ransomware-as-a-service groups, such as REvil and Darkside, and how that impacts the wider cybercrime ecosystem. Also featured: ransomware recovery tips; regulating cyber surveillance tools.
Collaboration and information sharing among stakeholders - and influencing them to take a proactive approach to cybersecurity - are critical steps in fighting against cyberthreats, says Narendra Mainali, CISO of NIC Asia Bank of Nepal.
A new ransomware group called BlackMatter has debuted, claiming to offer the best features of REvil and DarkSide - both apparently defunct - as well as LockBit. A new attack using REvil's code has also been spotted, but a security expert says it's likely the work of a former affiliate.
As ransomware continues to pummel organizations, if they do get hit, then from an incident response standpoint, what are the essential steps they should take to smooth their recovery? Veteran ransomware-battler Fabian Wosar, CTO of Emsisoft, shares essential steps and guidance for recovery.
Building business resilience through a "zero trust" approach requires role-based authentication, user access velocity checks, and monitoring people, processes, and technologies, a panel of experts says.
The Department of Commerce is restricting trade with four Russian IT and cybersecurity firms, along with two other entities, over concerns that these organizations pose a threat to U.S. national security.
A greater level of cooperation is needed between the DOD and DHS to ensure that U.S. critical infrastructure is protected against various cyberthreats, according to an inspector general's report. The SolarWinds attack showed the need for more coordination between the two departments.
This edition of the ISMG Security Report features an analysis of comments from the former head of Britain's GCHQ intelligence agency, Robert Hannigan, on the changing nature of ransomware attacks. Also featured: Disrupting the ransomware-as-a-service business model; supply chain security management tips.
The world is now focused on ransomware, perhaps more so than any previous cybersecurity threat in history. But if the viability of ransomware as a criminal business model should decline, expect those attackers to quickly embrace something else, such as illicitly mining for cryptocurrency.
Lt. Gen (retired) Rajesh Pant, the national cybersecurity coordinator at India's Prime Minister’s Office, explains in an interview why the government is requiring telecom service providers to only use equipment that’s been certified as trustworthy.
Ransomware-wielding criminals continue to find innovative new ways to extort victims, develop technically and sidestep skills shortages by delivering ransomware as a service, said Robert Hannigan, the former head of U.K. intelligence agency GCHQ, in his Infosecurity Europe 2021 virtual keynote speech.
Attackers have been exploiting a zero-day flaw in SolarWinds' Serv-U Managed File Transfer Server and Serv-U Secured FTP software, the security software vendor warns. The company has released patched versions that mitigate the flaw, discovered by Microsoft, and is urging users to update.