The possibility of a terrorist group launching a massive Sept. 11, 2001-scale cyberattack against the U.S. or an ally has been a concern for years, but cybersecurity pros with a background in intelligence and military affairs say such worries are likely unwarranted.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how ransomware affiliates change operators and why terrorists aren't launching massive cyberattacks.
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.
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."
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.
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.
The threat landscape has grown, and the airlines industry in particular has been challenged. As a result, Rob Hornbuckle, CISO of Allegiant Airlines, sees his role differently: It's beyond security and about more than just the business. Where is the role going, and how does one grow with it?
The impact of Hurricane Ida, including huge power outages, points to the importance of healthcare organizations and others having comprehensive business continuity and disaster recovery plans in place for natural disasters as well as cyber incidents.
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.
Want defensive advice from a ransomware-wielding attacker? In a tell-all interview, a LockBit 2.0 representative not only extols the virtues of his malware, but also advises would-be victims to hire red teams, keep their software updated and educate employees to resist social engineering attacks.
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
Two large healthcare organizations - Memorial Health System in Ohio and University Medical Center of Southern Nevada - continue to mop up after recent cyberattacks apparently involving ransomware. The Ohio organization admits negotiating "a settlement" with attackers to obtain a decryptor.
To protect manufacturing operations and data, there are some important cybersecurity gaps to address. Cybersecurity company Lookout explains how to close the five most common security gaps in manufacturing, which are created as a result of digital transformation.
The Brazilian government has confirmed that its National Treasury fell victim to a ransomware attack on Aug. 13. The scope of the incident remains unclear, although officials say it did not damage structural systems.
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