Organizations should be on guard for attacks involving an apparent variant of Hermes ransomware - dubbed Ryuk - that attempts to encrypt network resources. It has already victimized several global organizations in the U.S. and elsewhere, according to a federal alert, which offers mitigation advice.
A cybercrime gang called "Silence," which appears to have just two members, has been tied to attacks that have so far stolen at least $800,000, in part via ATM jackpotting or "cash out" attacks, warns cybercrime investigation firm Group-IB.
Ransomware creators, having already created "themes" for their crypto-locking malware ranging from Pokemon and horror movies to princesses and Donald Trump, have now debuted "Barack Obama" ransomware. In a sign of the times, the ransomware doubles as a monero cryptocurrency miner.
Although fraud schemes continue to evolve, social engineering remains a critical element, says Brett Johnson, a former fraudster who now advises organizations on how to fight cybercrime. He explains how new attacks are often tweaks of much older schemes.
The March SamSam ransomware attack in Atlanta is reported to have cost the city $17 million to resolve. The attackers had asked for a $51,000 bitcoin ransom, which the city refused to pay. But Gartner Research analyst Avivah Litan stresses that paying ransoms has more cons than pros.
Tenable Research's analysis shows that how the race begins is a key indicator of how it will end. But, security teams have the power to reclaim the advantage by developing a risk-centric mindset and more agile vulnerability management.
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With less than three months to go until the U.S. midterm elections, Alex Stamos, until recently Facebook's CSO, says there isn't time to properly safeguard this year's elections. But here's what he says can be done in time for 2020.
There has been much speculation (not to mention exaggeration) over recent years about the fabled dark web. We've heard how this shady underworld is the refuge of the cybercriminal elite and even nation state threat actors.
But beyond the hype there is the potential for dark web sources to reveal valuable...
The Recorded Future buyer's guide will help you to answer 11 key questions at the center of deciding how to invest in a threat intelligence solution. A template is also included to help build an RFP you can use to quiz vendors on their capabilities.
The guide includes:
Definitions of types of threat intelligence...
Having access to threat intelligence can arm you to make more
confident, risk-based decisions. However, simply having it is not
enough. 58 percent of organizations have had some kind of threat
intelligence program for at least two years, but struggle to
operationalize the intelligence efficiently - 39...
Kaspersky Lab has discovered a new form of malware it calls Dark Tequila that has been targeting users in Mexico and stealing bank credentials and other personal and corporate data. The malware can move laterally through a computer while it's offline, says Dmitry Bestuzhev, a Kasperksy researcher.
Some terms of the recent $115 million settlement in the class action lawsuit against health insurer Anthem tied to a 2015 cyberattack appear underwhelming for the victims, says attorney James DeGraw, who explains why.