Brokerage account takeover, supply chain attacks, destructive attacks and those that seek to manipulate time or time stamps are among the latest threats uncovered in the new Modern Bank Heists report authored by Tom Kellermann at VMware Carbon Black.
The gang behind ransomware dubbed "Cring," which has waged a series of attacks this year, is exploiting a Fortinet VPN server vulnerability that the company patched in 2019, according to a report from the security firm Kaspersky that analyzes one attack in Europe.
Crisis communications: If your organization suffers a ransomware outbreak - despite its best cybersecurity efforts - is it ready to respond quickly and transparently? Experts have lauded the Scottish Environment Protection Agency for its response, saying it's a model for other victims to emulate.
How much does it cost to recover from a ransomware attack? For the Scottish Environment Protection Agency, which was hit by the Conti ransomware-wielding gang on Christmas Eve, reported cleanup costs have reached $1.1 million. SEPA is still restoring systems and has refused to pay any ransom.
Cyber-insurance is a supplement, not a substitute.
Instead of a get-out-of-jail-free card, businesses and organizations need to start looking at cyber-related insurance policies as a supplement to their own risk calculations - not as a substitute.
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Months after an apparent ransomware attack against cloud hosting and managed service provider Netgain Technology, the list of healthcare sector entities reporting major health data breaches linked to the incident is growing.
The zero-day attacks against Accellion's File Transfer Appliance show that a number of big-name firms continued to use the legacy technology - even though more secure, cloud-based options were available. Evidently, many CISOs didn't see a compelling reason to move on. Of course, now they do.
Ransomware is one of today’s most pervasive and dangerous cyberthreats. The latest ransomware attacks can quickly spread throughout a company, impairing user productivity and disrupting business. Research firm Cybersecurity Ventures predicts that the annual global cost of ransomware to businesses will top $20...
Ransomware attacks are ever evolving and more prevalent than before – directly disrupting business and causing reputational repercussions by making the headlines. Combined with the costs of lawsuits and fines, endpoint attacks cost large enterprises over $9 million. In a CyberArk survey of 1,000 IT security decision...
A home healthcare company says a data breach affecting more than 753,000 patients, employees and former workers stems from a ransomware attack on its private cloud hosted by managed service providers. The company reported a similar incident 15 months ago.
Due to their unique ownership structure, for-profit law firms must balance targeted threats to their organization with a goal to minimize non-billable activity such as lengthy security procedures. This means cyber security can slip down the priority list until a breach occurs, exposing client data and sensitive market...