"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.
The White House is preparing executive branch agencies to adopt "zero trust" network architectures by 2024, with CISA and the OMB overseeing the creation of technology road maps that departments must follow. This is a major component of President Biden's cybersecurity executive order.
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.
Cyberespionage breaches take longer to discover than financial breaches. One of the biggest clues to finding them lies in understanding suspicious network traffic. John Grim of the Verizon Threat Research Advisory Center shares insight from a new study of cyberespionage trends.
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.
The Ragnar Locker ransomware operation has been threatening to dump victims' stolen data if they contact police, private investigators or professional negotiators before paying a ransom. But as one expert notes: "Perhaps the criminals watched too many TV shows, because this isn’t how the real world works."
Many organizations are relying on Managed Detection & Response (MDR) providers to make sure they’re able to respond to threats like ransomware as they emerge, without hiring any headcount.
With an expected shortage of 2.5 million cybersecurity professionals it’s become critical to dedicate resources to better...
The most sought-after type of victim for ransomware-wielding attackers is a large, U.S.-based business with at least $100 million in revenue, not operating in the healthcare or education sector, with remote access available via remote desktop protocol or VPN credentials, threat intelligence firm Kela reports.
As the United States heads into a holiday weekend, experts are warning that ransomware-wielding attackers are sure to unleash crypto-locking chaos in the coming days, with Conti ransomware attacks in particular having been rising sharply in recent weeks.
Ransomware is the result of a criminal blending technology's wonders: networking and encryption. It's a modern-day implementation of extortion, a crime as old as time. The Atlantic Council contends lessons from fighting past extortion schemes, such as plane hijackings, could help fight ransomware.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the emergence of new and rebranded ransomware groups practicing double extortion and supply chain security challenges in the oil and gas industry.
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.