The average ransom paid by victims to ransomware attackers reached $111,605 in the first quarter of this year, up 33% from the previous quarter, reports ransomware incident response firm Coveware, which sees the Sodinokibi, Ryuk and Phobos malware families continuing to dominate.
Many governments are pursuing contact-tracing apps to combat COVID-19, but such projects risk subjecting populations to invasive, long-term surveillance - as well as insufficient adoption - unless they take an open, transparent and as decentralized approach, says cybersecurity expert Alan Woodward.
The stuck-at-home chronicles have fast become surreal, as remote workers face down a killer virus on the one hand and the flattening of their work and personal lives on the other. To help, many have rushed to adopt Zoom. And for many use cases - hint: not national security - it is a perfectly fine option.
Russian authorities typically turn a blind eye to cybercrime committed by citizens, provided they target foreigners. But as the recent "BuyBest" arrests of 25 individuals demonstrate, authorities do not tolerate criminals that target Russians, and especially not anyone who targets Russian banks.
COVID-19: Modern society has never seen anything like it, and neither have financial markets. Venture capitalist Alberto Yépez analyzes the impact of the disease caused by the new coronavirus on public and private companies' valuations, as well as technology buyers and the threat environment.
Federal government agencies certainly are not immune from phishing scams, and Aaron Higbee of Cofense is focused on tackling the unique challenges that government faces in detecting and stopping the crimes.
RSA 2020 touched on a number of topics, including the security of elections and supply chains, plus AI, zero trust and frameworks, among many others. But from sessions on cryptography, to this year's lower attendance, to the antibacterial dispensers dotted around venues, concerns over COVID-19 also dominated.
The Cryptographer's Panel, which sees five cryptography experts analyze and debate top trends, remains a highlight of the annual RSA conference. For 2020, the panel focused on such topics as facial recognition, election integrity and the never-ending crypto wars, while giving shout-outs to bitcoin and blockchain.
Visser Precision, a U.S. manufacturer that supplies Boeing, Lockheed Martin, Tesla and SpaceX, appears to have been hit by the DoppelPaymer ransomware gang, which has begun leaking internal data and threatening to leak more unless the victim pays a ransom.
The 2016 U.S. presidential election served as a wake-up call for lawmakers and the public about the threat that cyberattackers can pose to the country's democracy, CISA Director Christopher Krebs said at the RSA 2020 conference. Election security and ransomware remain his agency's two biggest concerns.
Israel's voter registration database - comprising close to 6.5 million people - was exposed to the internet because of an elementary coding flaw in an election application. It's unclear how long the exposure lasted or if bad actors accessed the data.
Canada's privacy commissioner is taking Facebook to court to try to force the social network to make specific changes to its privacy practices. The regulator has no power to issue fines or binding orders, meaning it must petition the federal court to force Facebook to make changes.
Iowa prosecutors have dropped all charges against two penetration testers who were contracted to test the electronic and physical security of three judicial facilities, only to be arrested for trespassing. The case highlights how a lack of communication before penetration tests can have serious consequences.
Apple previously scuttled plans to add end-to-end encryption to iCloud backups, Reuters reports, noting that such a move would have complicated law enforcement investigations. But the apparent olive branch hasn't caused the U.S. government to stop vilifying strong encryption and the technology giants that provide it.