Congressional negotiators have scrapped a provision in the must-pass defense spending bill that would have required owners and operators of critical infrastructure to report cybersecurity incidents and ransom payments made to criminal gangs.
While the Maryland Department of Health's public website is operational again after a weekend network security incident, certain systems continue to be offline. Officials are asking employees not to use state-issued computers as state authorities and law enforcement agencies investigate.
An electric cooperative serving two western Colorado counties says a cyberattack first detected Nov. 7 has disabled billing systems and wiped out 20 to 25 years' worth of historic data, leaving the utility operating under limited functionality, according to the company and local reports.
It's no surprise that as some ransomware-wielding criminals have been hitting healthcare, pipelines and other sectors that provide critical services, governments have been recasting the risk posed by ransomware not just as a business threat but as an urgent national security concern.
Good news on the breach prevention and incident response front: More businesses are getting more mature practices in place, although as attackers continue to improve their efforts, so too must defenders, says incident response expert Rocco Grillo of consultancy Alvarez & Marsal.
The FBI warns that the "Cuba" ransomware-wielding attackers have extorted $43.9 million in ransom payments from victims after compromising at least 49 organizations across five critical infrastructure sectors - financial services, government, healthcare, manufacturing and IT - since early November.
The U.S. Transportation Security Administration has issued new security directives for higher-risk freight railroads, passenger rail, and rail transit that it says will strengthen cybersecurity across the transportation sector in response to growing threats to critical infrastructure.
The Bioeconomy Information Sharing and Analysis Center is warning biotechnology organizations, including vaccine makers and other biomanufacturers, of escalating threats involving Tardigrade malware, which experts say is used to launch ransomware and other potentially serious attacks.
A former employee of a New York-based technology company, likely to be IoT technology company Ubiquiti, has been arrested for stealing confidential data and extorting his employer for nearly $2 million. If convicted, the suspect faces up to 37 years in prison.
Many ransomware-wielding attackers continue to rely on initial access brokers to easily gain deep access to victims' systems, allowing them to steal data and attempt to pressure victims into paying via data leak sites. Researchers say that the number of victims being listed on such sites has surged.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the FBI has seized bitcoins from an alleged REvil ransomware affiliate, how to mitigate risks from BIN attacks and the latest COVID-19 trends globally.
The latest edition of the ISMG Security Report features an analysis of best practices for negotiating a ransom payment. Also featured: Busting Zero Trust myths and the dangers of mythologizing defenders.
Ransomware continues to dominate headlines with no sign of slowing down. What started more than 30 years ago has become one of the most prevalent and lucrative cyberattacks that does not discriminate by company size, industry or geography.
Planned Parenthood of Los Angeles is notifying about 400,000 individuals of a hacking incident in October involving the exfiltration of files containing sensitive health data, including patients' diagnoses and medical procedures. Could other similarly high-profile entities and their patients become the next targets?
The FBI has seized 39.9 bitcoins worth $2.3 million from an alleged affiliate of the notorious REvil - aka Sodinokibi - ransomware group. A forfeiture notice filed by the government accuses Russian national Aleksandr Sikerin of having amassed the cryptocurrency via victims' ransom payments.
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