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.
Two U.S. senators are looking to place additional restrictions on the use of telecom equipment from Chinese equipment manufacturers Huawei and ZTE by prohibiting using funds from the $1.9 trillion American Rescue Plan stimulus package to buy such equipment.
Ransomware operations continue to thrive thanks to a vibrant cybercrime-as-a-service ecosystem designed to support all manner of online attacks. Given that attackers first need remote access to victims' systems, robust patch management and remote desktop protocol security remain obvious must-have defenses.
Cyber insurance provider Coalition Inc. says its clients' average claims for losses when they were hit by a ransomware attack totaled $184,000 in the first half of this year, down 45% compared to the second half of 2020. Negotiating lower ransoms and more efficient recovery were key factors.
The Israeli government paid a visit on Wednesday to NSO Group, the company whose spyware is alleged to have been covertly installed on the mobile devices of journalists and activists. The visit comes as Israel faces growing pressure to see if NSO Group's spyware, called Pegasus, has been misused.
A second defendant has been sentenced for her role in a Texas conspiracy involving the theft of data from patients' electronic health records that was then sold to support fraudulent claims for payment.
For enterprises adopting Microsoft 365, email security can be enhanced by adding complementary third-party products. David Lorti of Fortinet shares insights on bolstering email security and more, plus the role of multifactor authentication.
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.
Europol says the "No More Ransom" project, a portal launched five years ago, so far has helped more than 6 million ransomware victims worldwide recover their files for free so they could avoid paying almost 1 billion euros ($1.2 billion) in ransoms.
DataVisor recently conducted its latest Digital Fraud Trends study, and it uncovered some startling findings about the latest threats to the digital banking/payments landscape. CEO Yinglian Xie shares insights on how to improve fraud defenses with machine learning.
Calls are growing for an investigation into how commercial Pegasus spyware developed by Israel's NSO Group gets sold to autocratic governments and used to target journalists, lawyers, human rights advocates and others, with some lawmakers saying "the hacking-for-hire industry must be brought under control."
A newly discovered threat group dubbed Praying Mantis is targeting businesses in the U.S by exploiting vulnerabilities in internet-facing web applications to steal credentials and other data, the security firm Sygnia says.