Colonial Pipeline Co. now faces at least two lawsuits seeking class action status in the aftermath of a ransomware attack in May that led the firm to shut down the operations of a 5,500-mile pipeline for nearly a week.
The U.S. has seized the domains of 36 websites linked with Iran and Iraq for allegedly publishing disinformation and running malicious influencing campaigns targeting Americans. Those running the sites violated sanctions by not obtaining a license to buy domain names from U.S. companies.
A bill introduced this week in the Australian Parliament would make it mandatory for organizations based in the country to report to the Australian Cyber Security Center any payments they plan to make to ransomware gangs.
How can financial institutions deal with the problem of authorized push payment fraud? Three experts - Karen Boyer of People’s United Bank, Alasdair MacFarlane of NatWest Bank and Dave Excell of Featurespace - offer their insights on best practices.
The European Commission has proposed creating a Joint Cyber Unit to help EU member states respond to and prevent cyberattacks, especially those involving ransomware. The goal is for the unit to begin operations by the end of next year.
Iranian police have seized more than 10,000 computers that were illegally mining cryptocurrency without the required license, according to the state-run Islamic Republic News Agency.
How do criminal affiliates of ransomware-as-a-service operations think? Craig Williams and Matt Olney of Cisco Talos describe insights shared - accidentally and otherwise - by "Aleks," a Russian affiliate of the LockBit ransomware-as-a-service operation.
Federal agencies could have prevented follow-on attacks after the SolarWinds supply chain attack by using recommended firewall configurations, but this step isn't always feasible, the Cybersecurity and Infrastructure Security Agency says.
Cybercriminals and nation-states are attempting to recruit insiders at companies around the world to help steal credentials and intellectual property, says Joseph Blankenship, vice president and research director at Forrester, who offers risk mitigation insights.
The number of data breach notifications jumped 140% in 2020 from the previous year, with a surge in attacks against less-regulated industries, according to Kroll's 2021 Data Breach Outlook. Brian Lapidus and Heather Williams of Kroll analyze the report's findings.
Tal Kollender of Gytpol suggests a digital response comparable to the vaccine rollout in the physical world is needed to battle against the ransomware epidemic.
When medical device makers provide a software bill of materials for components contained in their products, it's critical to make that voluminous security information actionable for healthcare customers, says Rob Suárez, CISO at medical device maker Becton Dickinson and Co.
The Indian government has set up the Citizen Financial Cyber Fraud Reporting and Management System to report, track - and ultimately freeze - the proceeds of cyberattack-induced financial theft.
How can organizations update their SOCs to ensure they keep up with evolving cyberthreats? Three experts - Sean Duca of Palo Alto Networks, Rishi Rajpal of Concentrix and Anish Ravindranathan of Tata Digital - offer insights.
Fraudsters falsely claiming to be the now-shuttered DarkSide ransomware gang are targeting organizations in the food and energy sectors by sending hoax emails that attempt to extort ransoms from victims, the security firm Trend Micro reports. None of the victims has detected a data compromise so far.
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