Travelex, a London-based foreign currency exchange that does business in 26 countries, including the U.S., paid a ransomware gang $2.3 million to regain access to its data following an attack, the Wall Street Journal reports. The incident crippled the company's customer services for weeks.
Cybercrime groups and nation-state hacking gangs are continuing to exploit the COVID-19 pandemic to further their aims, U.K. and U.S. security agencies warn in a joint alert. While overall attack levels haven't increased, they say, "the frequency and severity of COVID-19-related cyberattacks" looks set to surge.
Back when the world was introduced to WannaCry, a potent strain of ransomware code that infected and paralyzed 230,000 computers across 150 countries.
In what would become a troubling theme, WannaCry, and subsequent strains of ransomware, could have been prevented from becoming a public nuisance had proper...
As the COVID-19 outbreak has intensified, so too has cybercrime, including ransomware, Interpol, the international crime-fighting agency, warns. Despite some gangs claiming to no longer be targeting healthcare organizations, experts have seen "no abatement, empathy or free decryptor" from any of them.
As global enterprises get their arms around supporting and securing a near-total remote workforce, their digital adversaries are adapting - and so is the role of deception technology. Carolyn Crandall of Attivo Networks discusses how deception can help mitigate new risks.
Healthcare professionals are on the front line in the war against COVID-19, and cybersecurity leaders bear unique pressure to support and secure their efforts. But amid this crisis, Anahi Santiago, CISO of ChristianaCare, also sees tremendous strides in telehealth delivery.
If you conduct business online, provide your customers and partners with secure web-access to your systems, or just have a brand worth spoofing, it is very likely your brand is already being exploited via email or the web. This attack technique has gone well beyond the big internet brands like Microsoft, ebay, and...
Emotions about the global pandemic are running high, and attackers are taking advantage. Researchers have observed criminals spreading malware by impersonating official sources, distributing malicious COVID-19 maps and trackers, and malvertising on coronavirus-related news stories.
As security professionals, we...
Switzerland-based global insurance firm Chubb acknowledges that it's investigating a "security incident." Meanwhile, the Maze ransomware gang is claiming Chubb is its latest victim, according to researchers at the security firm Emsisoft.
More bad ransomware news: Following in the footsteps of Maze, now even more cybercrime gangs are threatening to not only crypto-lock systems but also leak stolen data. Such moves come following a banner year for ransomware operators, who are continuing to bring more advanced tactics to bear.
Finastra, a large financial services software provider based in London, continues to recover from a ransomware attack that forced the company to take its IT operations offline Friday to prevent further damage to its corporate network, according to the company's CEO.
The future is data. In a rapidly digitizing world, data is at the root of every opportunity, and essential to solving every problem, from basic business logistics to global crises. A panel of technology experts at Splunk has assembled more than a dozen predictions about how technology will transform business and daily...
With the declaration of COVID-19 as a pandemic, and the global shift to work from home, Tom Kellermann of VMware Carbon Black sees a corresponding increase in hacking and espionage attempts against U.S. agencies, businesses and citizens. He says add "digital distancing" to your precautions.
As cybercriminals and nation-states take advantage of the COVID-19 pandemic to further their own aims, authorities are calling on victims to report online attacks as quickly as possible to help them better disrupt such activity.
The latest edition of the ISMG Security Report analyzes how cybercriminals are exploiting the COVID-19 pandemic. Also featured: A discussion of potential 2020 election changes; tips for staying secure in a remote workplace.