This edition of the ISMG Security Report discusses the latest improvements in deception technology and how best to apply it. Also featured: a report on the growth of mobile fraud, plus insights on Merck's experience recovering from a NotPetya attack.
Broadcom says it plans to acquire Symantec's enterprise security business for $10.7 billion in cash. The deal relieves Symantec of a business line where it faced aggressive competition. For Broadcom, it means gaining well-developed security offerings as it seeks to grow its infrastructure business.
Since it was first spotted in January, the Baldr credential stealer has spread from Russian underground forums throughout the global gaming industry as cybercriminals look to harvest IDs as well as payment information from victims, according to a new analysis from Sophos Labs.
Three years since its launch, the No More Ransom portal has assisted 200,000 ransomware victims and stopped $108 million from being paid in ransom, according to Europol - one of its founding partners.
Data breach costs continue well after the initial year, according to the latest IBM/Ponemon Institute,"Cost of a Data Breach" report. Limor Kessem of IBM Security shares details of the study.
Marcus Hutchins, who rose to fame by helping to stop the WannaCry ransomware attacks, was spared jail time on Friday after pleading guilty earlier this year to creating the Kronos banking malware.
Louisiana's governor issued an emergency declaration on Wednesday in response to a rash of malware infections, hitting some of the state's public schools. The move will allow the state to marshal more resources to deal with the incidents.
Dentist Carl Bilancione is a survivor in more ways than one, including surviving a recent ransomware attack on the accounting software of his small Florida practice. What should other small entities should learn from these seemingly random attacks?
It is estimated that a business falls victim to a ransomware attack every 40 seconds, adding up to a projected $11.5 billion in damages for this year. As ransomware attacks become more targeted and damaging, your organization faces increased risk that can have your networks down for days or even weeks.
So, how can...
Déjà vu basic cybersecurity challenge all over again: With the U.S. government warning that geopolitical tensions could trigger wiper-attack reprisals, security experts review the basic anti-wiper - and anti-ransomware - defenses organizations should already have in place.
D-Link has reached a proposed settlement with the U.S. Federal Trade Commission, which alleged the IoT device developer left consumers vulnerable to hackers through inadequate security practices. The terms of the settlement may serve as a warning to IoT makers to get their security checks in order.
Microsoft is warnings about a large-scale spamming campaign hitting several countries in Europe, with the attackers using an old Office exploit to send emails to victims that contain malware in RTF attachments.
Federal prosecutors brought racketeering and other charges against four people, including one U.S. citizen, related to Darkode, a notorious online forum that specialized in buying and selling of malware and other hacking tools. Law enforcement closed the site nearly four years ago.
A month after Baltimore's IT network was hit with the RobbinHood ransomware variant, officials believe the May 7 attack will cost $18 million, which includes recovering and restoring computer systems as well as lost municipal revenue.
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