This year's Sophos State of Ransomware report reveals how reporting levels and official responses vary across 14 countries. The survey finds that reporting ransomware attacks is common, and victims almost always receive support as a result.
Ransomware groups hope threats are enough to sway victims so they don't have to follow through. For victims who pay ransoms, the results are almost guaranteed to be less than advertised - more akin to buying a pig in a poke than a contractual guarantee of service.
Once the dust settles on the LockBit disruption, what will be the state of ransomware? Expect attackers to continue refining their tactics for maximizing profits via a grab bag of complementary strategies, including crypto-locking shakedowns and data-theft extortion.
As cyberthreats evolve, mobile network operators need offensive security to maintain resilience. Traditional security, such as firewalls and encryption, is not sufficient on its own. Offensive security is proactive; it mimics the strategies of real attackers to stay ahead of potential threats.
A Colorado-based customer identity platform hauled in $65 million to effectively identify and authenticate users with government IDs or mobile phones. The growth equity investment from Updata Partners will allow FusionAuth to better serve businesses in regions other than the U.S. and Europe.
The volume of known ransomware attacks surged last month to record-breaking levels, with groups collectively listing 514 victims on their data-leak sites, security researchers report. In the lead: long-timer LockBit followed by newcomer LostTrust, with other new groups also having a notable impact.
In Part 1 of this three-part blog post, Nikko Asset Management's Marcus Rameke provides an introduction and defines the requirements for making the transformative journey to the cloud. Parts 2 and 3 will discuss more detailed aspects of making the shift to the cloud.
A backdoor Trojan known as Smokeloader is deploying a customized Wi-Fi scanning executable to triangulate the location of infected Windows devices. The malware, dubbed "Whiffy Recon," uses nearby Wi-Fi access points as a data point for Google's geolocation API.
The founding team behind SOAR vendor Demisto has started a passwordless authentication and user management platform company that caters to the developer community. Descope helps developers embed authentication in the application build process and competes with Auth0 in the CIAM space.
Saviynt has brought founder and longtime leader Sachin Nayyar back as its chief executive to govern access around privileged, machine and third-party identities. Saviynt wants Nayyar to implement a strategy that incorporates everything from critical apps and cloud workloads to IoT devices and bots.
In his latest rant, Ian Keller, the Troublemaker CISO, decries lazy and bad coding practices, mistakes CISOs may make and unwarranted CISO-blaming by the media, unanswered requests for more funding and staff - and the epic failures all these can produce when a breach happens, as it inevitably will.
Synthetic identity fraud is the fastest-growing financial crime in the country. By combining real and fabricated personal information, a synthetic identity is specifically designed to look and act like a valid identity - until it doesn’t, leaving financial losses and criminal activity in its wake.
In Part 3 of a three-part video series, CyberEdBoard member Andrew Abel, a cybersecurity and zero trust consultant, and Chase Cunningham, CSO at Ericom Software, describe the operational and business benefits of creating an identity strategy.
The latest edition of the ISMG Security Report discusses how Russian-speaking ransomware gangs have their eyes on a new target, offers the latest on Australia's data security reckoning and the government’s response, and outlines emerging trends in customer identity and access management.
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