Scotland's Arran Brewery fell victim to a Dharma Bip ransomware attack that infected its Windows domain controller and crypto-locked files and local backups, leading to the loss of three months' worth of sales data. The brewery refused to pay the attackers' two bitcoin ransom demand.
More evidence that running cybercrime schemes remains inexpensive and accessible to anyone with criminal intent: To send spam emails, admitted botnet herder Peter Levashov quoted customers $500 for 1 million emails. And that was just his 2016 pricing.
CISOs and CIOs must ensure their organizations plan for worst-case scenarios, conducting frequent "dry runs" of disaster recovery plans, says Tonguc Yaman, CIO of SOMOS, a New York Community Care Network, who formerly served as deputy CIO of Bellevue Hospital.
A recent incident involving a chronic care management company spotlights how paying a ransom to recover decryption keys from ransomware attackers can put sensitive data at additional risk. Security experts offer insights on how to prepare for the many challenges posed by attacks.
The latest edition of the ISMG Security Report offers an update on how Russian bots and trolls are spreading misinformation on vaccines via social media - and the public health impact of the campaign. Plus: Tips on disaster recovery, internet of things security.
Does social media fuel toxic politics and racial tension? We're still in the early of days of understanding the long-term effects of social media on society, but the early signs aren't good. It's time for social networks to take moral responsibility for content on their networks - even if they don't want it.
It's less than 10 weeks until your country's elections; do you know where your government's information warfare defenses and election security strategy are? The FBI says it's moving to counter information operations, while DHS is bolstering election security. But will it be enough?
Cybercrime is a business and, like any business, it's driven by profit. But how can organizations make credential theft less profitable at every stage of the criminal value chain, and, in doing so, lower their risk?
Can technology solve the problem of giving law enforcement access to all encrypted communications without additional risks to the public? Software legend Ray Ozzie says he has an idea. But it's unlikely to quell the debate over hard-to-break encryption.
Great news: "SunTrust to offer free identity protection ... at no cost on an ongoing basis." Of course, nothing comes for free, at least for 1.5 million customers of the Atlanta bank, whose personal details may have been sold to criminals by a former employee.
Incident response is a critical pillar of an effective endpoint security program, one that will gain importance as GDPR enforcement comes into play on May 25. Organizations must be ready to react if and when an incident occurs in order to meet the stringent requirements that apply during an incident.
The high-profile breaches of Fortune 100 companies are the ones that get the headlines, but small and midsized businesses should not breathe any sighs of relief. They are very much still targets, says Austin Murphy of CrowdStrike. He offers cybersecurity advice to SMBs.
Boeing says that a malware outbreak affected a small number of systems but did not disrupt production. An executive has reportedly identified the malware as being WannaCry ransomware and called for "all hands on deck" to respond to the incident.