The DarkSide ransomware gang apparently collected over $90 million in ransom payments from about 47 victims, including Colonial Pipeline Co., since the gang began operating in August 2020, according to the blockchain analytics firm Elliptic, which says it analyzed bitcoin wallet activity.
When it comes to faster payments, the only way to control fraud is to build in fraud and risk mitigation plans before a transaction is made, says Peter Tapling, board member, U.S. Faster Payments Council.
He is known for his regular reports for Reuters, as well as for his books, including the latest: "Cult of the Dead Cow: How the Original Hacking Supergroup Might Just Save the World." Joseph Menn opens up on the biggest stories of the year and the lessons that must be learned.
It's a young practice but, globally, cyber insurance is starting to exert its influence with some of the largest enterprises - and in some of the most notable cyberattacks. John Pescatore of SANS Institute discusses questions that cybersecurity leaders need to ask before acquiring new policies.
In the past six months alone, we've seen the SolarWinds attack, the Microsoft Exchange Server exploits and the Colonial Pipeline ransomware strike. The threats are more imminent than ever. But Philip Reitinger of the Global Cyber Alliance believes strongly: We created this mess, and we can fix it.
As a retired Air Force general and the former federal CISO of the United States, Gregory Touhill is well-versed in critical infrastructure protection and resiliency. Now, as the new director of CMU SEI's CERT division, he has the opportunity to help foster new levels of education and collaboration.
The past year has taught us much about resilience. But how do we update our tools and skills for the future? Vasu Jakkal, corporate vice president at Microsoft, discusses new, fundamental cybersecurity shifts and how our strategies for acquring skills and diversity must reflect them.
He's been a police officer, a Secret Service agent, a CIO and a CISO. And it all comes together. Don Cox, currently a chief technology evangelist at CIBR, discusses his career path and how his police background assists him in leading cybersecurity organizations.
From identity and access management to cloud migration and connected devices, retired RSA CEO Art Coviello looks beyond the pandemic and says, "It's going to be a Roaring '20s for technology." But he also foresees a potentially calamitous decade for security.
FBI agent Elvis Chan dedicated four years to election security, and he doesn’t hesitate to say: The 2020 presidential election was "the most secure election of my career." He explains why, and what lessons learned we can apply to future elections.
As former U.S. cybersecurity coordinator in the Obama administration, Michael Daniel is well-versed in critical infrastructure vulnerabilities. Now, as president and CEO of Cyber Threat Alliance, he's working to bring the public and private sectors together to improve cybersecurity defenses.
As CISO of Johnson & Johnson, Marene Allison was used to gauging her security posture by the top threat activity: nation-state, cybercrime, insider or hacktivist. But in 2020, they all struck at once. Here is one CISO's take on the state of the industry.
Flavio Aggio of the World Health Organization says that just like technology, humans also require an OS upgrade. Key to this understanding what risks you're taking and then using multiple layers of defense to manage them.
Nearly a year ago, RSA's Chief Digital Officer, Zulfikar Ramzan, sat with ISMG to discuss 2021: A Cybersecurity Odyssey. Which predictions came true, and how have the threat and technology landscapes exploded in unexpected new directions?
The ransomware attack that targeted Colonial Pipeline Co. earlier this month, which continued to cause gas shortages Monday, has prompted lawmakers to introduce measures designed to address cybersecurity shortcomings in the nation's critical infrastructure - especially gas and oil pipelines.
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