The January cyberattack on the International Committee of the Red Cross, which compromised the data of more than 515,000 highly vulnerable people, was specifically targeted at the organization, using code designed for execution on the ICRC servers, according to Director General Robert Mardini.
By almost every measure, ransomware continues to get worse, not least in the average amount criminals receive when a victim chooses to pay a ransom. So say new reports assessing the volume and severity of ransomware attacks, the flow of cryptocurrency, attackers' target selection and more.
"All too often we hear that our industrial control systems have no security. That's not true," says Kevin Jones, group CISO of Airbus. In fact, he states, "some of these systems have been designed with security encapsulating them and security around them." He discusses enhancing cyber resilience.
Days after the Federal Bureau of Investigation and the U.S. Secret Service issued a cybersecurity advisory on the ransomware-as-a-service group BlackByte, it hit the corporate IT network of the U.S. National Football League's San Francisco 49ers team.
Security experts explain how the Rust programming language helps the BlackCat ransomware group execute targeted attacks on critical infrastructure. Compared to traditional languages like C or C++, Rust brings speed, security, stability and unparalleled detection evasion capabilities to the table.
Russian authorities have continued to arrest alleged administrators of multiple Russian-language cybercrime markets and communities, including Ferum Shop, Sky-Fraud and Trump's Dumps. It follows last month's arrest of suspected REvil/Sodinokibi ransomware affiliates based in the country.
In case anyone doubts that Russia is the epicenter of ransomware operations, follow the money, as Chainalysis finds that "roughly 74% of ransomware revenue in 2021 - over $400 million worth of cryptocurrency - went to strains we can say are highly likely to be affiliated with Russia in some way."
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the BlackMatter ransomware group has rebranded itself yet again, how the DOJ confiscated stolen Bitcoin worth more than $4 billion and takeaways from a U.S. Senate hearing on open-source...
Ransomware attacks in 2021 amassed a record number of victims in critical infrastructure sectors across Australia, the U.K. and U.S., those countries' lead cybersecurity agencies warn. They share intelligence on attackers' latest tactics to better equip domestic organizations to defend themselves.
Cybercriminals are taking advantage of the final phase of the Windows 11 upgrade announced on Jan. 26 by installing RedLine Stealer malware to those downloading a fake installer, according to the HP threat research team.
Michael Hamilton, CISO at security firm Critical Insight, discusses health data breach trends. The bad news: The number of major breaches reported to regulators in 2021 hit a record high. The good news: The rate of breaches reported last year compared to 2020 appears to be slowing down.
Are ransomware-wielding criminals running scared? That's one likely explanation for the sudden release this week of free, master decryption keys for three different strains of formerly prevalent ransomware: Maze, Sekhmet and Egregor.
This edition of the ISMG Security Report analyzes what prosecutors say is the biggest cryptocurrency seizure in U.S. history as well as the biggest financial seizure. It also details how a school district CISO resigned over the district's handling of a severe data breach and busts Zero Trust myths.
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