The world is now focused on ransomware, perhaps more so than any previous cybersecurity threat in history. But if the viability of ransomware as a criminal business model should decline, expect those attackers to quickly embrace something else, such as illicitly mining for cryptocurrency.
A cybercrime forum seller advertised "a full dump of the popular DDoS-Guard online service" for sale, but the distributed denial-of-service defense provider, which has a history of defending notorious sites, has dismissed any claim it's been breached. What's the potential risk to its users?
Ransomware-wielding criminals continue to hone their illicit business models, as demonstrated by the strike against customers of Kaseya. A full postmortem of the attack has yet to be issued, but one question sure to be leveled at the software vendor is this: Should it have fixed the flaw more quickly?
The saga around how scores of aging Western Digital NAS devices were remotely erased has deepened with the discovery of a new, unknown software vulnerability. The situation underscores the problems of still-used devices that have been abandoned by manufacturers.
The code used to build copies of Babuk ransomware - to infect victims with the crypto-locking malware - has been leaked, after someone posted the software to virus-scanning service VirusTotal. Whether the leak was intentional - perhaps a rival gang seeking to burn the operation - remains unclear.
The global law enforcement "Anom" honeypot operation racked up impressive statistics for the number of criminals tricked into using the encrypted communications service. Psychology was at play: Officials say users flocked to the service after they disrupted rivals EncroChat and Sky Global.
Based on Russian-language cybercrime chatter, "fear" likely drove the lucrative Avaddon ransomware-as-a-service operation to announce its retirement as the U.S. exerts increasing diplomatic pressure on Moscow to disrupt such activity, experts say. But are criminals simply laying low until the heat dies down?
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 federal $25,000 HIPAA settlement with a clinical laboratory is significant because it calls for a wide-ranging corrective action plan. And the enforcement action is unusual because it's the result of a compliance review of a covered entity not directly tied to the data breach that triggered the investigation.
"They’re playing games," is how one security expert describes Conti ransomware-wielding attackers' "gift" of a decryptor to Ireland's crypto-locked health service, while still demanding a ransom to not leak stolen health data. The same could be said of the DarkSide gang's promised retirement.
To defend against cyberattacks, it's important to "demystify" cybersecurity and break it into risks that can be managed by any organization, says Ciaran Martin, the former director of the U.K. National Cyber Security Center.
By issuing a sweeping cybersecurity executive order on Wednesday, the Biden administration is attempting to take a critical step to address security issues that have come to light after recent cyberattacks. Here's an analysis of the order's key elements.
For anyone wondering how the Russian-speaking, ransomware-wielding DarkSide crime syndicate was able to disrupt a major U.S. fuel pipeline, a more pertinent question might be: Why didn’t it happen sooner?
The Biden administration will prioritize cybersecurity in its $1 billion IT modernization grant program for federal agencies, which will be overseen by the General Services Administration and the Office of Management and Budget.