Ransomware attacks have evolved over the years as attackers have come out with new strategies for digital extortion, says Chris Novak, global director of the Threat Research Advisory Center at Verizon Business Group. He shares insight from the Verizon 2021 Data Breach Investigations Report.
Australian spies should be allowed to take offensive action against some of the world's most prominent ransomware gangs, says Tim Watts, a member of Australia's Parliament who says the move, proposed under the Labor Party's push for a national ransomware strategy, would deter attackers.
Symphony Technology Group's acquisition of FireEye Products Business in a $1.2 billion deal will set up the private equity group to better compete with security giants such as Microsoft and Cisco, while unlocking profit potential for FireEye and the now stand-alone Mandiant Solutions, analysts say.
Researchers at Google have identified a new Rowhammer exploit, dubbed Half-Double, which targets design flaws in some of the newer DRAM chips to alter their memory content.
The White House has written to business leaders, urging them to prioritize having robust ransomware defenses in place. The move comes as the Biden administration pursues multiple strategies to combat ransomware and digital extortion, including ordering a new task force to coordinate all federal investigations.
Internet of things security professionals are expressing concern over Amazon's new Sidewalk - a low-bandwidth network program that will allow some of the company's connected and IoT devices to share Wi-Fi access even outside an owner's home.
Organizations are connecting to industrial control networks at an increasing pace. The need to connect to the IT environment, cloud applications and remote workers has created a definitive gap by eroding the demilitarized zone. Because of this, organizations must deploy new ways to secure operational technology...
After the ransomware attack against meat-processing giant JBS, the White House says it has contacted Russia, putting it on notice that "responsible states do not harbor ransomware criminals." Experts say that despite the chaos caused by the Colonial Pipeline hit, the pace of ransomware attacks hasn't slowed.
Former customers of the now-defunct encrypted communications service EncroChat, which was infiltrated by police last year, continue to get busted, including members of a crime syndicate that operated "an industrial-scale cocaine laboratory" in the Netherlands, Europol says.
A newly uncovered ransomware variant dubbed 'Epsilon Red' is targeting organizations in the U.S. hospitality sector, with the threat actor successfully extorting $210,000 from one of its victims, a new report by security firm Sophos notes.
The White House officially released its fiscal year 2022 budget proposal on Friday. The Biden administration is seeking to spend billions on cybersecurity, including $750 million for "lessons learned" from the SolarWinds attack. Officials also want to boost CISA's budget by $110 million.
There's growing momentum around the use of software bills of materials, which allow for automated supply chain risk analysis. Patrick Dwyer of OWASP says that SBOMs and automation mean organizations can make better risk-based decisions on emerging security threats.
VMware is warning all vCenter Server administrators to patch their software to fix a serious vulnerability that could be used to execute arbitrary code as well as a separate authentication flaw. Experts warn that these and other recent flaws are likely to be targeted by ransomware gangs.
Diego Souza's main responsibility as the global CISO at Cummins Inc. is focusing on the gap between IT and OT security and effectively communicating risk and other security issues to the board. But his passion is developing and mentoring the next generation of cybersecurity leaders.
Ransomware attacks are stuck on repeat: Criminal syndicates have found an extremely profitable business model, and they're milking it for all it's worth. So give the city of Tulsa, Oklahoma, credit for having in place robust disaster recovery capabilities and vowing to remediate, rather than pay criminals.
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