When a business, government agency or other organization hit by ransomware opted to pay a ransom to its attacker in Q3, the average payment was $140,000, reports ransomware incident response firm Coveware. It says the attack landscape has seen some notable shifts since the Colonial Pipeline attack.
A top leader of the U.S. Cybersecurity and Infrastructure Security Agency has voiced support for a 24-hour timeline for cyber incident reporting involving critical infrastructure, signaling a push by the Biden administration to implement a rapid mechanism for federal response.
Is there any bigger cybercrime soap opera than the life and times of ransomware operators? Take the REvil, aka Sodinokibi, ransomware-as-a-service operation, which feels like it's disappeared and reappeared more times than the secret, identical twin of the protagonist in your favorite melodrama.
In this update, four editors discuss key cybersecurity issues, including addressing the complexity of security, the rising number of victims targeted by double extortion ransomware and the Information Commissioner's Office's recent consultation on creating an international data transfer agreement.
John O'Driscoll is the first CISO for the Australian state of Victoria, a job that has purview over 1,900 entities with 340,000 public servants. He's an expert in risk and audit, and that has subsequently lead to interesting conversations about who is accountable for risk and how to manage risk.
The breach of text message routing giant Syniverse revealed yet another supply chain attack involving a key supplier, exacerbated by outdated communications protocols desperately in need of a security revamp and better incentives for improvement, says mobile telephony security expert Karsten Nohl.
The White House National Security Council this week kicked off its international counter-ransomware event with participation from more than 30 nations. This gathering aims to elevate both law enforcement collaboration and diplomatic efforts. Noticeably absent from the summit: Russia.
A compromise of sensitive health information affecting nearly 38,000 individuals discovered nearly a year after a terminated company executive accessed the data spotlights some of the top security and privacy challenges covered entities and business associates face with insiders.
Microsoft, in its annual threat review report, Digital Defense, says 58% of cyberattacks worldwide over the past year originated in Russia. And 92% of the Russia-based threat activity came from the nation-state threat group Nobelium.
The number of breach reports filed by U.S. organizations looks set to break records, as breaches tied to phishing, ransomware and supply chain attacks keep surging, the Identity Theft Resource Center warns. It says that there's also been a rise in tardy breach notifications containing little detail.
The latest edition of the ISMG Security Report features an analysis of the arrest of two suspects tied to a major ransomware group in Ukraine. Also featured: Introducing "The Ransomware Files" and defining the next-gen CISO.
Deepayan Chanda discusses the four principles of cybersecurity - reliability, accuracy, architecture and resiliency - that he believes cover most of the aspects of how CISOs can maintain the level of cybersecurity that their organzations need to sustain attacks.
Who had heard of Syniverse before it recently disclosed a five-year breach, potentially exposing call-routing data and text messages for hundreds of mobile phone networks? The incident is just the latest supply chain attack to hit a lesser-known but nevertheless critical service provider.
Telecommunications service provider Syniverse, which routes 1 trillion messages annually for many of the world's mobile phone carriers, has disclosed a five-year breach of its systems, which handle call metadata and text messages. Experts say the exposed data poses serious criminal and espionage risks.
The Food and Drug Administration on Tuesday issued a warning notifying patients that medical device maker Medtronic has expanded a recall of remote controllers for certain wireless insulin pumps that were part of an earlier recall. The FDA has classified the recall as the most serious type due to issues that could...
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