RiskRecon recently studied the impact of destructive ransomware incidents and the unique tie between ransomware susceptibility and an organization's cybersecurity posture. Kelly White of RiskRecon discusses the findings and how to use them to help secure the digital supply chain.
The total amount of ransom payments being sent by victims to ransomware groups appears to have taken a big dip, declining by 40% from $766 million in 2021 to $457 million in 2022 due to victims simply being unwilling to pay, blockchain intelligence firm Chainalysis reports.
Since Elon Musk became Twitter's CEO, cyber risks have affected the social media company in technological, financial, regulatory and reputational ways. Marco Túlio Moraes says the big issue is that the risks now affect a significant digital business world asset: trust.
Darknet markets offering illegal drugs and fraudster tools and services are thriving, despite the constant threat of law enforcement infiltration, disruption, takedown and arrests. In response, multiple drug markets have launched customized Android apps to handle buying, selling and fulfillment.
Many ransomware-wielding attackers are expert at preying on their victims' compulsion to clean up the mess. Witness victims' continuing willingness to pay a ransom - separate to a decryptor - in return from a promise from extortionists that they will delete stolen data. As if.
Apple is advancing plans to allow Europeans to access third-party app stores via their iPhone and iPad, as will soon be required under European law. What this means in practice for its vaunted walled garden security model, and whether most users will bother, remains unclear.
Banks using behavioral-based controls are detecting malicious accounts in 92% of cases before traditional AML and transaction monitoring systems alert the bank.
Black Hat Europe returns to London, offering deep dives into the latest cybersecurity research and trends, including how to build an open, transparent, but also secure internet; harvesting zero-day flaws before attackers; what we can learn from "metaparasitical" scammers who scam scammers; and more.
The stark consequences of ransomware became painfully clear in Australia this week as attackers began releasing data from health insurer Medibank, one of the country's largest health insurers. Also, leaked chat logs reveal how the attackers accessed Medibank's systems.
Who is attempting to extort Australian health insurer Medibank? Why did Medibank tell its attackers it wouldn't pay a ransom? Will this deter future cyber extortionists? Here are a few thoughts on the high cybercrime drama playing out.
Payment card data theft remains alive and well in the cybercrime underground, especially via the use of JavaScript skimmers. But security researchers find that some attackers have stayed old-school, continuing to use malware on point-of-sale terminals to steal "dumps" of card data.
Palo Alto Networks has been in a 19-month dry spell when it comes to major acquisitions, but it looks like that's about to change. Israeli business publication Calcalist reported Monday the firm is closing in on a deal to buy New York-based code risk platform provider Apiiro for around $600 million.
A U.S. law enforcement investigation involving multiple countries resulted in the shutdown of an online marketplace selling millions of Social Security numbers, payment cards and other credentials. Prosecutors unsealed a complaint against a Moldovan man fingered as the operator.
They’re necessary contributors to the business ecosystem, but there’s risk associated with third-party remote access, including bad actors lurking around every access point.
Cyber criminals are running scripting attacks on e-commerce sites that attempt to complete small payments by automatically inputting payment card numbers based on the Ally Bank identification number. There are no indications of a data breach at Ally Bank, says a source close to the fraud detection.
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