The latest edition of the ISMG Security Report analyzes why the number of ransomware attacks and the amounts being paid in ransoms are both on the rise. It also discusses today's cyberthreat landscape and whether organizations should rely on user training to improve security.
Seeking maximum profits, ransomware groups continually refine the tactics they use to bypass defenses, infect victims and pressure them into paying. Unfortunately, a reported increase in ransomware attacks and ransom amounts getting paid to criminals suggests these efforts largely remain successful.
Moises Zagala is a 55-year-old cardiologist living in Ciudad Bolivar, Venezuela. He has a bald head and an earnest smile. In one photo, he wears a doctor's white overcoat and has a stethoscope around his neck. But U.S. prosecutors allege Zagala led a double life and claim he's also a cybercriminal.
Newly spotted ransomware dubbed HavanaCrypt by TrendMicro masquerades as the Google Software Update. For all its sophistication, it fails to drop a ransom note, leading researchers to speculate that it is still in development. Detect and block it before it causes more damage, the company warns.
The government of Puerto Rico announced an investment of $7.6 million toward strengthening cybersecurity on the island. The island has undergone a string a embarrassing cybersecurity incidents, including a phishing incident that stole $2.6 million of taxpayer dollars.
Ransomware attackers executing double-extortion schemes very carefully choose which data to steal and leak based on victims' economic sector, says Erick Galinkin, artificial intelligence researcher at security firm Rapid7. He discusses the latest ransomware data theft trends.
Please don't pay ransoms, authorities continue to urge. Britain's lead cyber agency and privacy watchdog are now making that appeal directly to legal advisers, warning them that paying a ransom offers no data protection upsides and won't lessen any fine they might face.
Monsoon season in India can result in extreme rainfall but a ransomware attack in the southwestern state of Goa is preventing state authorities from obtaining data from flood monitors located on major rivers. The attack appears to have been made with a variant of Phobos ransomware.
Federal authorities are alerting healthcare and public health sector entities of threats involving North Korean state-sponsored "Maui" ransomware. Attackers use the malware to maliciously encrypt diagnostics procedures, medical imaging, and medical center intranet services.
A ransomware attack on an accounts receivables management firm has affected hundreds of healthcare clients - including dental practices, physician groups and hospitals, resulting in one of the largest health data breaches involving a vendor so far this year.
As this technology is automated, it can also scan more accesses because a new rule doesn’t need to be created for each access. You can jump from a 1% audit rate to a 99% audit rate.
Four ISMG editors discuss important issues, including how Russia's cyber and kinetic wars in Ukraine have changed the cybersecurity landscape, what recent layoffs at cybersecurity firms mean for the industry and how cybercriminals are taking a page out of the white hat hacker playbook
The latest edition of the ISMG Security Report describes why firewalls and VPNs don't belong in Zero Trust design. It also discusses cybercriminals' evolving ransomware tactics and the devastating price of responding to a ransomware attack, as experienced by Travelex in 2019.
Ransomware-wielding criminals constantly refine their behavior and tactics to maximize the chance of a payday, and recently they have been implementing fresh strategies for monetizing stolen data, says Steve Rivers at threat intelligence firm Kela.
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