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.
Should Australia's Medibank health insurer pay extortionists to prevent the release of sensitive medical documents related to millions of Australians? There's no easy answer to remedying what is the most severe cybercriminal incident in Australian history.
Many ransomware-wielding attackers - including big-name groups - have been collectively shooting themselves in the foot by resorting to "amateur" tactics, including decryptors that fail to decrypt as well as gangs re-extorting the same victims. Cue fewer victims opting to pay a ransom.
Is Australia's data breach wave a coincidence, bad luck or intentional targeting? Maybe all three. But the security weaknesses that have led to the incidents are not exotic. And the people behind these attacks are most likely workaday cybercriminals, not top-level nation-state attackers.
More Russian-speaking, ransomware-wielding attackers are gunning for Russian businesses and government agencies, researchers report. The unwritten rule of Russian cybercrime has historically been to never attack inside Russia or neighboring allies.
Should the now-former CSO of Uber have reported a security incident to authorities after discovering signs of unusual behavior? That's one of the big questions now being asked in the closely watched trial of Joe Sullivan, who's been charged with covering up a data breach and paying off hackers.
Who's been disrupting ransomware operations' data leak sites by targeting them with distributed denial-of-service attacks? No one has yet claimed credit for the ongoing disruptions and slowdowns, but one likely theory is that rival operations are attempting to cause each other pain.
With the increase in remote workers and proliferation of uncontrolled devices, your IT team has been migrating applications to the cloud along with building cloud-native applications to support the speed needed by the business.
Calling all Apple users: It's time to once again patch your devices to protect them against two zero-day vulnerabilities that attackers are actively exploiting in the wild to take complete control of devices. While there's no need to panic, security experts advise moving quickly.
ISMG caught up with 11 security executives in Las Vegas on Tuesday to discuss everything from open-source intelligence and Web3 security to training new security analysts and responding to directory attacks. Here's a look at some of the most interesting things we heard from industry leaders.
How many organizations fall victim to a ransomware outbreak? How many victims pay a ransom? How many victims see stolen data get leaked? A new study from the EU's cybersecurity agency ENISA offers answers, but carries major caveats due to rampant underreporting of such attacks.
Here's unwelcome ransomware news: When a ransomware victim chooses to pay a ransom, the average amount has increased to $228,125, reports ransomware incident response firm Coveware. On the upside, however, big-name ransomware groups are having a tougher time attracting affiliates.
Ransomware attacks and data breaches: One thing both have in common is the challenge of attempting to accurately understand their true scale and impact. Too often, data breach notifications lack useful details, while ransomware attacks and ransom payments go unreported.