Ransomware is the result of a criminal blending technology's wonders: networking and encryption. It's a modern-day implementation of extortion, a crime as old as time. The Atlantic Council contends lessons from fighting past extortion schemes, such as plane hijackings, could help fight ransomware.
While there is currently a lack of specific cyberthreats, Deputy National Security Adviser Anne Neuberger urges organizations, especially those in critical infrastructure, to take precautions over the Labor Day weekend, as threat groups have taken advantage of previous holidays to conduct attacks.
The threat landscape has grown, and the airlines industry in particular has been challenged. As a result, Rob Hornbuckle, CISO of Allegiant Airlines, sees his role differently: It's beyond security and about more than just the business. Where is the role going, and how does one grow with it?
The Biden administration is hosting a White House meeting Wednesday with technology, banking, insurance and education executives to focus on cybersecurity and national security issues, such as protecting critical infrastructure from attacks and how to hire more security professionals to meet demand.
ALTDOS, an advanced persistent threat group, has recently targeted several organizations in Singapore by waging "double extortion" ransomware attacks in an attempt to gain ransom payments, local government authorities say.
Want defensive advice from a ransomware-wielding attacker? In a tell-all interview, a LockBit 2.0 representative not only extols the virtues of his malware, but also advises would-be victims to hire red teams, keep their software updated and educate employees to resist social engineering attacks.
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
The Brazilian government has confirmed that its National Treasury fell victim to a ransomware attack on Aug. 13. The scope of the incident remains unclear, although officials say it did not damage structural systems.
The consultancy Accenture, which offers cybersecurity services, confirmed Wednesday it had been hit by a cyber incident. The ransomware gang LockBit took credit for the attack.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including improving federal agencies' cybersecurity and businesses recovering from the pandemic's impact.
The U.S. Cybersecurity and Infrastructure Security Agency is creating the Joint Cyber Defense Collaborative to build a national cybersecurity defense strategy based on collaboration between the public and private sectors, CISA Director Jen Easterly said at the Black Hat 2021 conference Thursday.
A seemingly nonstop number of ransomware-wielding attackers have been granting tell-all media interviews. One perhaps inadvertent takeaway from these interviews is the extent to which - surprise - so many criminals use lies in an attempt to compel more victims to pay a ransom.
The ransomware landscape changes constantly as groups disappear, change approaches or rebrand. The DoppelPaymer operation, for example, appears to have reinvented itself as Grief, while the administrator of Babuk has launched a ransomware-friendly cybercrime forum called RAMP.
Researchers are warning of three zero-day vulnerabilities in Kaseya's Unitrends cloud-based enterprise backup and disaster recovery technology. The news comes after a July 2 ransomware attack exploiting flaws in Kaseya's VSA software had a major impact.
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