"Silence is gold." So says ransomware operator Ragnar Locker, as it attempts to compel victims to pay its ransom demand without ever telling anyone - especially not police. But some ransomware-battling experts have been advocating the opposite, including mandatory reporting of all ransom payments.
Despite a recent slowdown in incidents and some cybercriminals claiming they have stopped or abandoned ransomware attacks, National Cyber Director Chris Inglis says it's "too soon to tell," if the behavior of these groups has changed permanently or if they are waiting for an opportunity to return.
Apparent Babuk ransomware operation spinoff Groove, self-described as being an "aggressive financially motivated criminal organization," has launched as part of the new RAMP cybercrime forum, and is promising affiliates a bigger share of profits than traditional ransomware-as-a-service operations.
On Aug. 25, President Joe Biden invited about 25 technology, insurance, finance and education executives to the White House to discuss pressing cybersecurity issues such as supply chain and critical infrastructure. One of those participants was Resilience CEO Vishaal Hariprasad.
A Russian citizen, alleged to be working as a developer for the malware-spreading organization Trickbot, reportedly has been arrested at Seoul-Incheon International Airport. He was questioned by Korean authorities following an extradition request from the U.S.
Cyber Command and the U.S. Cybersecurity and Infrastructure Security Agency issued alerts Friday warning those using Atlassian's Confluence and Data Center products that attackers are actively exploiting the critical remote code execution vulnerability CVE-2021-26084.
Autodesk, a California-based design software and 3D technology firm, now says it was one of several tech and security companies targeted by a Russian-linked group that carried out the supply chain attack against SolarWinds, according to a financial filing with the SEC.
While there is currently a lack of specific cyberthreats, Deputy National Security Adviser Anne Neuberger urges organizations, especially those in critical infrastructure, to take precautions over the Labor Day weekend, as threat groups have taken advantage of previous holidays to conduct attacks.
Because a relatively small number of individuals provide the vast majority of services and infrastructure that power cybercrime, they remain top targets for arrest - or at least disruption - by law enforcement authorities, says cybercrime expert Alan Woodward. But of course, geopolitics sometimes gets in the way.
The FBI has issued a warning about Hive ransomware after the group took down Memorial Health System last week. The alert details indicators of compromise, tactics, techniques and procedures associated with these ransomware attacks to help organizations better defend themselves.
This edition of the ISMG Security Report features an analysis initiatives unveiled by the Biden administration to enhance supply chain and critical infrastructure security and address the cybersecurity skills gap. Also featured: LockBit 2.0 ransomware rep 'tells all'; misconfigured Microsoft Power Apps.
After a string of high-profile hits, many of the largest and most notorious ransomware operations recently disappeared. But the pace of ransomware attacks hasn't diminished because of a steady influx of new operations, existing operations getting more sophisticated and old players rebranding.
The Biden administration unveiled a package of supply chain and critical infrastructure security initiatives following a meeting at the White House with tech executives and others. Companies such as Google and Microsoft also promised billions in spending on cybersecurity over the next several years.
The Biden administration is hosting a White House meeting Wednesday with technology, banking, insurance and education executives to focus on cybersecurity and national security issues, such as protecting critical infrastructure from attacks and how to hire more security professionals to meet demand.