Two signs that the tide may finally, if slowly, be turning on ransomware: The number of victims who choose to pay continues to decline, while the amount they pay - when they choose to do so - recently dropped by one-third, reports ransomware incident response firm Coveware.
Kellogg Community College, or KCC, has resumed operations in all its five campuses - Battle Creek, Albion, Coldwater, Hastings and Fort Custer Industrial Park in Michigan - starting Wednesday. The college management had suspended classes on Monday as the result of a ransomware attack.
A federal jury has ordered NortonLifeLock to pay Columbia University $185.1 million after finding the company infringed on two patents. Jurors decided Monday that NortonLifeLock's use of emulators to monitor programs for malicious behavior intentionally infringes upon Columbia's patents.
John Riggi, national adviser for cybersecurity at the American Hospital Association, and Carolyn Crandall, chief security advocate at Attivo Networks, explain why threats involving the Russia-Ukraine war are exacerbating cybersecurity pressures on healthcare sector entities in the U.S. and globally.
As ransomware-wielding attackers continue to target businesses large and small, the organizations that respond best and escape most unscathed from such attacks are those that already have in place well-honed, rehearsed plans, says ransomware expert and attorney Guillermo Christensen of Ice Miller.
New cyber incident reporting rules are set to come into effect in the U.S. on May 1. Banks in the country will be required to notify regulators within 36 hours after an organization suffers a qualifying "computer-security incident." What does this mean for banks, and what are the likely challenges?
Recent incidents affecting the sensitive information of tens of thousands of individuals underscore the ongoing threats and risks facing organizations that handle health and other delicate personal information, including a community health center and a social services agency.
In this edition, four ISMG editors discuss important cybersecurity issues, including how virtual currency Monero is becoming the main alternative to Bitcoin as the crypto choice for criminals, the challenges involved in an identity-centric Zero Trust approach and how to influence change in culture.
Don't stockpile cryptocurrency in case your organization falls victim to ransomware-wielding attackers and opts to pay a ransom. This might seem obvious to anyone aware of the volatility in Bitcoin's value, but some organizations reportedly used to employ this incident response strategy.
Ransomware attacks have come storming back after experiencing their typical end-of-the year decline. Security researchers report that the greatest number of known victms has been amassed by Lockbit, followed by Conti, Hive and Alphv/BlackCat.
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As one of the architects of Israel's offensive Red Team intelligence unit and Incident Response Team, Reuven (Rubi) Aronashvili, CEO of Israeli cybersecurity company CYE, provides a highly informed view of current cyberwarfare in the Russia-Ukraine war, including how it differs from kinetic warfare.
The American Dental Association allegedly was hit with an attack by new ransomware group "Black Basta." ADA is the latest medical professional organization to have a cyber incident disrupt services and potentially affect members' information. Tenet Health also experienced a cyberattack last week.
Ransomware group Stormous, in a Telegram post on Monday, said that it has breached and exfiltrated 161GB worth of critical data from beverage manufacturing giant Coca-Cola. The soft drink company has told Information Security Media Group that it is investigating the claim.
The U.S. government on Tuesday announced a reward of up to $10 million for information pertaining to six alleged Russian military hackers tied to the 2017 NotPetya destructive malware campaign. The malware spread globally, causing commercial damage of up to $10 billion.
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