Russian citizen Roman Valerevich Seleznev, 32, has been convicted of stealing data from more than 2 million U.S. payment cards and defrauding 3,700 financial institutions of at least $169 million.
A report exploring how some organizations have been stockpiling bitcoins to use to pay off attackers if, or when, they become victimized by ransomware attacks leads the latest edition of the ISMG Security Report.
Ransomware gangs increasingly target organizations - including hospitals and banks - that might be able to recover from such attacks, but not in a timely manner, says Verizon's Mark Rasch. Learn how well-honed incident response plans can help.
Too often when organizations get shaken down by online criminals, they panic, and in the process make the predicament they're facing even worse, warns digital forensic investigator Ondrej Krehel in this video interview.
Two different of ransomware - new DetoxCrypto as well as a Hidden Tear variant - now sport a Pokémon Go theme. Both lock systems and demand a ransom, payable in bitcoins.
Ransomware threats like Cryptowall, TeslaCrypt and Locky are on the rise, targeting organizations of all sizes.
Download this whitepaper and learn how to stay secure against these attacks and:
What's behind the current wave of ransomware attacks
Why ransomware attacks are so successful
Practical steps to...
Hear ISMG editors untangle the various elements in the Shadow Brokers-Equation Group saga, evaluate a new anti-ransomware tool and reflect on the 10th anniversary of the PCI Security Standards Council in this edition of the ISMG Security Report.
Cybercriminals wielding Locky crypto-locking ransomware are ramping up their assaults, especially in the healthcare sector, according to FireEye. Attackers are distributing less banking malware and more ransomware, researchers say.
Malware researcher Ivan Kwiatkowski unleashed ransomware on tech-support scammers after his parents stumbled across a site warning they'd been infected by Zeus. Despite the feel-good factor, however, security experts advise against hacking back.
Cerber ransomware victims often see a ransom note demanding 1 bitcoin in exchange for a decoder. For what's sure to be a limited time, however, victims can take advantage of a new, free decoder.
FireEye CEO Kevin Mandia has blamed his company's lower-than-expected quarterly revenue on the rise of ransomware and cyber extortion attacks and a decline in APT campaigns. Experts debunk those assertions.
Obviously, ransomware attackers have no scruples. But the latest attacks go to even further extremes, channeling everything from Hitler to cats, as attackers hone their attempts to shake down Windows and Android users alike.
Unlike other malware, ransomware practically screams and shouts at victims, and that distinct behavior holds promise for helping to better detect and block ransomware infections, according to Northeastern University security researchers.
A former Fla. hospital worker has been sentenced to federal prison in a case involving criminal HIPAA violations and tax fraud. Although the prosecution of HIPAA-related crimes are still rare, some experts say such cases could be on the rise.
Cyber extortion has reached new proportions, including six-figure ransomware payments. Considering the payoff, cybersecurity experts expect these attacks to only increase. But stories made public provide limited knowledge of initial attack vector or details. This session presents real cases of cyber extortion on...
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