Tom Kellerman of VMware Carbon Black shares his opinions about whether a nation-state was behind the recent ransomware attack on Colonial Pipeline and what the U.S. government should do to prevent other cyberattacks.
"It's not personal ... It's strictly business." That line from "The Godfather" encapsulates the mindset of criminals who extort businesses using ransomware and other tools: Their imperative is profits, no matter any disruption they might cause to critical services, such as those provided by Colonial Pipeline.
The FBI and White House confirmed Monday that the DarkSide ransomware variant was used in the Friday attack that caused disruptions at Colonial Pipeline Co., which operates a pipeline that supplies fuel throughout the eastern U.S. But the gang behind the ransomware tried to shift the blame to an affiliate.
It’s serious, impactful and raises new questions about critical infrastructure protection. But don’t tell Philip Reitinger of the Global Cyber Alliance that the Colonial Pipeline ransomware attack is any kind of a “wake-up call.” He says we’re long past that.
After a ransomware incident, Colonial Pipeline Co. has restored smaller pipelines that ship fuels to the U.S. East Coast, but its larger ones are still offline as it assesses safety. Citing U.S. officials, The Associated Press reports the company was infected by the DarkSide ransomware group.
Colonial Pipeline, which oversees more than 5,500 miles of pipeline that supplies fuel throughout the U.S. East Coast, confirmed Saturday that a ransomware attack has disrupted its services, and the company has taken some of its IT systems offline as a precaution.
The latest edition of the ISMG Security Report features an analysis of whether courts can trust evidence collected by Cellebrite's mobile device forensic tools. Also featured: Report shows attackers' dwell times plummeting; a call for partnership with law enforcement.
About 50% to 70% of all ransomware attacks in the U.S. are targeting small and medium-sized businesses, costing the victims an estimated total of $350 million in the last year, Secretary of Homeland Security Alejandro Mayorkas said Wednesday in a speech to the U.S. Chamber of Commerce.
SmileDirectClub, which sells teeth-straightening appliances, expects that a recent cyberattack, which disrupted the manufacturing of its products, will take a $10 million to $15 million bite out of its second-quarter revenue.
A ransomware gang claims to have stolen SIM card data and banking information in an attack on Schepisi Communications, a service provider to Australian telecommunications company Telstra, a local news outlet reports.
In light of the surge in ransomware attacks against universities, institutions need to make asset management a much higher priority, removing obsolete systems and upgrading essential systems to the latest version to avoid exploits of unpatched vulnerabilities, says Matthew Trump of the University of London.
Iran's Islamic Revolutionary Guard Corps was behind a ransomware campaign that used a contracting company called "Emen Net Pasargard" to target more than a dozen organizations, according to the security firm Flashpoint. But could cyberespionage be the campaign's true mission?