We thought it was bad enough when traditional ransomware started to steal data in its second generation of evolution, now dubbed "double extortion". The third stage of ransomware is beginning to happen now and will make us wish for the good, old days of Ransomware 2.0.
Attend this presentation to learn how...
As ransomware and other disruptive security incidents continue to surge, cyberattacks rank as the top health technology hazard in hospital environments this year, say security experts Chad Waters and Juuso Leinonen of patient safety organization ECRI.
In just a month, the BlackCat cybercrime group has carried out high-impact ransomware attacks on international organizations and risen to seventh place in Unit 42's ranking of global ransomware groups. A key factor, researchers say: the use of the Rust language for coding its malware.
In 2021, there were 1,862 data compromises - a 68% increase over 2020, according to the Identity Theft Resource Center's Annual Data Breach Report. "In this past year, there were more cyberattack-related data breaches than there were all forms of data breaches in 2020," says ITRC COO James E. Lee.
U.S. authorities have mixed news for the healthcare and public health sector. The good news: The threat level posed by ransomware-as-a-service gang BlackMatter is reduced. The bad news: Other cybercriminals will undoubtedly fill the gap - if they haven't already.
In 2022, CISOs need to build an adaptive and cyber-resilient enterprise through hyperautomation in order to implement any kind of cybersecurity controls, says Vishal Salvi, CISO and head of the cybersecurity practice at Infosys.
A newly discovered ransomware, Deadbolt, affected Taiwanese network-attached storage provider QNAP Systems and encrypted user data. The threat group demands 0.03 bitcoin for the decryption code. And an automatic forced update rolled out by QNAP caused more harm than good, according to some users.
As ransomware threats continue to grow in 2022, cyber insurance companies have clearly stated that they do not want to talk about the "cyber" part of insurance, says Sri Lanka-based Sujit Christy, group CISO at John Keells Holdings PLC.
Four ISMG editors discuss: how too many organizations fail to implement basic cybersecurity defenses - such as MFA; a proposed lawsuit against health insurer Excellus that calls for an improvement to its data security program; and strategies for securing open-source and other software components.
All organizations in Britain are being urged by the government to immediately bolster their business resilience capabilities due to an increased risk of fallout from cyberattacks targeting Ukraine. In the past, such attacks have amassed victims outside Ukraine, causing billions in commercial damages.
The latest edition of the ISMG Security Report features an analysis of whether a new ransomware operation is a spinoff of the notorious REvil or simply copying the group's moves; how Maersk responded to the NotPetya wiper malware attack; and essential incident response skills.
U.S. Security and Exchange Commission Chair Gary Gensler wants to broaden cybersecurity regulations. Among his concerns are the rising threat of cyberattacks due to the tensions between Russia and Ukraine, and a need to harmonize communications between financial firms and third-party vendors.
A proposed class action lawsuit has been filed against Ohio-based Memorial Health System in the wake of a ransomware attack last August that reportedly involved the Hive cybercriminal gang, resulting in a health data breach affecting nearly 216,500 individuals.
Cybercrime is a booming business, inflicting damage to businesses estimated at $3 trillion per year and growing to $5 trillion by 2024, according to a recent report.
The Acronis Cyber Readiness Report, found that 31% of companies around the world are attacked at least once a day and that 50% of all respondents...
Taylor Regional Hospital, a 90-bed facility in Campbellville, Kentucky, is still struggling one week after a cyber incident brought down its phone systems, internet services, email and other systems. Patient care services have also been affected.
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