The latest edition of the ISMG Security Report features an analysis of British spy chief Jeremy Fleming’s "cybersecurity call to arms." Also featured: Insights on COVID-19 business continuity planning; the wisdom of the late Dan Kaminsky.
A coalition of government agencies and security firms has released a framework for how to disrupt ransomware attacks that calls for expanded regulation of the global cryptocurrency market to better track the virtual coins paid to cybercriminals during extortion schemes.
The Babuk ransomware gang is taking credit for an attack against the Metropolitan Police Department of Washington, D.C., and threatening to post exfiltrated data if a ransom is not paid. The department confirms that attackers accessed its network, but it's offering no further details.
COVID-19 infections and death rates are down in the United States, and the percentage of vaccinated citizens is rising. Does this mean the end of the pandemic is finally in sight? Not quite, says continuity planning expert Regina Phelps, who explains why.
An "update" pushed out earlier this year by law enforcement agencies, including Europol, on Sunday began erasing Emotet malware from infected devices worldwide, Malwarebytes reports. The move comes after the FBI recently remotely removed web shells from vulnerable on-premises Microsoft Exchange servers.
Cisco recently released the 2021 Security Outcomes Study - Small and Midsize Business (SMB) Edition, which revealed a number of somewhat surprising findings about SMBs and how they compare to their larger counterparts.
The Justice Department is creating a task force to tackle the growing threat of ransomware and related extortion schemes. The new group will target the "ransomware criminal ecosystem as a whole," which means prosecuting those behind the attacks as well as those who launder money that's extorted.
Yet another audit has given the Department of Health and Human Services information security program a "not effective" rating for several issues, including contingency planning weaknesses in operating divisions.
The gang behind ransomware dubbed "Cring," which has waged a series of attacks this year, is exploiting a Fortinet VPN server vulnerability that the company patched in 2019, according to a report from the security firm Kaspersky that analyzes one attack in Europe.
How much does it cost to recover from a ransomware attack? For the Scottish Environment Protection Agency, which was hit by the Conti ransomware-wielding gang on Christmas Eve, reported cleanup costs have reached $1.1 million. SEPA is still restoring systems and has refused to pay any ransom.
Security practitioners often tread a fine and not entirely well-defined legal line in collecting current and meaningful research. This research can also pose ethical questions when commercial sources for stolen data fall into a gray area.
The Government Accountability Office is urging the U.S. government to respond more rapidly to cybersecurity issues, especially in the wake of the SolarWinds supply chain attack that led to the breach of nine federal departments as well as about 100 companies.
The zero-day attacks against Accellion's File Transfer Appliance show that a number of big-name firms continued to use the legacy technology - even though more secure, cloud-based options were available. Evidently, many CISOs didn't see a compelling reason to move on. Of course, now they do.