Colonial Pipeline Co. now faces at least two lawsuits seeking class action status in the aftermath of a ransomware attack in May that led the firm to shut down the operations of a 5,500-mile pipeline for nearly a week.
A bill introduced this week in the Australian Parliament would make it mandatory for organizations based in the country to report to the Australian Cyber Security Center any payments they plan to make to ransomware gangs.
Republican and Democratic lawmakers have recently introduced several cybersecurity-related bills seeking to address issues ranging from imposing tougher penalties for cybercriminals to improving protection of school districts.
A bipartisan group of senators is circulating a draft of a federal breach notification bill that would require federal agencies, federal contractors and businesses that have oversight over critical infrastructure to report significant cyberthreats to CISA within 24 hours of discovery.
In the latest weekly update, a panel of Information Security Media Group editors discusses key topics, including NATO's new cyber defense policy, the outlook for congressional regulatory action to address the ransomware threat, and cybersecurity comments by U.S. Rep. Jim Langevin.
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.
With a goal of better matching the right patients to all the right medical records, federal regulators have issued new draft technical specifications for standardizing how patients' physical addresses are formatted and represented in health IT systems. But could the effort present new security and privacy risks?
Bitcoin has enabled fast payments to cybercriminals pushing ransomware. How to deal with bitcoin is the subject of a spirited debate, with some arguing to restrict it. But bitcoin doesn't always favor cybercriminals, and it may actually be more of an ally than a foe by revealing webs of criminality.
You see the news: how many healthcare entities are struck by ransomware. But how many of them conducted business impact analyses before they were victims? Too few, says Cathie Brown of Clearwater. She discusses the value of doing a BIA before the crisis strikes.
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?
After hearings in the Senate and House on a spate of ransomware attacks that have put the nation's critical infrastructure in danger, some security experts say Congress may be poised to take action to create greater regulatory oversight of cybersecurity within certain industries.
The prolific Avaddon ransomware-as-a-service operation has announced its closure and released 2,934 decryption keys for free. Has the increased focus by Western governments on combating ransomware been driving this and other operations to exit the fray?
The chief operating officer of a network security firm serving the healthcare sector has been charged by federal prosecutors with crimes stemming from an alleged cyberattack on an Atlanta, Georgia-area medical center in 2018. Some legal experts say the unusual case offers forewarnings to others.
Cryptocurrency has a reputation for being tough to trace - no wonder anonymity-craving criminals favor using it. In reality, cryptocurrencies don't make users anonymous. But just how did the FBI recover most of the bitcoins paid by Colonial Pipeline to the DarkSide ransomware operation?
The U.S. Justice Department has shut down the Slilpp cybercrime marketplace, which sold stolen credentials related to bank accounts and other payment mechanisms, in a multinational operation.
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