We know they are coming, and yet we are still ill-prepared. Cybereason surveyed 1,200 global cybersecurity professionals on ransomware. And while most are concerned about attacks, nearly one-quarter have no contingencies for weekends and holidays - the favored strike time. Sam Curry explains why.
This is the second episode of "The Ransomware Files," a podcast miniseries focused on stories of resilience in the fight against ransomware. An Australian company, Matthews, saw its backups corrupted and attackers release its data. The company recovered however, and has greatly improved its IT security defenses.
The latest edition of the ISMG Security Report features an analysis of how cybercriminals are turning to cryptomixing services to conceal the proceeds of ransomware activities from law enforcement officials. Also featured: Criminals exploit a misconfigured FBI server and the future of zero trust.
One of the effective ways to tackle AML fraud is to leverage technologies such as behavioral biometrics and device biometrics, says Charles Subrt, director of the fraud and AML practice at Aite-Novarica Group.
Law enforcement and intelligence agencies in the U.S, U.K. and Australia have issued a joint advisory on unidentified Iran government-backed advanced persistent threat actors exploiting Fortinet and Microsoft Exchange ProxyShell vulnerabilities to attack organizations in their respective countries.
A newly identified banking Trojan dubbed SharkBot is now targeting banking and cryptocurrency exchange customers across the U.K., Italy and the U.S. through a sideloading campaign and/or a social engineering campaign.
The specter of the May attack on Ireland's national health service loomed large at the IRISSCON 2021 cybercrime conference in Dublin, as cybersecurity experts gathered to detail the ongoing rise of ransomware and other types of online crime, as well as how to best combat such attacks.
Hacker group MosesStaff has targeted Israeli organizations with encryption attacks, according to Check Point researchers. Archived records show that at least 16 organizations - including the Israel Post, the Ministry of Defense and Israeli Intelligence Corps Unit 8200 - were targeted.
The network detection and response market is "relatively unchallenged at this point by other markets," and detection is the most important use case, says Nat Smith of Gartner, who shares key findings from the company's report titled Emerging Trends: Top Use Cases for Network Detection and Response.
Several key federal cybersecurity leaders in the U.S. on Wednesday outlined the Biden administration's approach to countering ransomware, which they called a national security issue. The leaders are backing incident reporting legislation and assessing Russia's progress in curbing attacks conducted within its borders.
Cryptocurrency-using criminals continue to rely on services designed to launder their virtual currency to give them "clean coins" that are tougher for law enforcement to trace. Experts say such services are widely marketed on cybercrime forums, and sometimes provided directly to ransomware groups' affiliates.
Ari Redbord of TRM Labs, who has had an extensive career in law enforcement, points out that 2020 was a pivotal year for putting cybersecurity on the agenda throughout the government. He discusses securing cryptocurrecy, the blockchain and other elements of the "digital battlefield."
Why has the cybercriminal underground put so much effort toward the professionalization of ransomware? Simply put, they are making tons of money from it.
The Emotet botnet, which was hampered by law enforcement actions earlier this year, is making a comeback. The resurgence appears to be due to help from old friends: cybercriminals running the Trickbot botnet. Unfortunatel,y the development may fuel more ransomware attacks.
The U.S. Department of Homeland Security on Monday launched a new personnel system that it says will enable the department to "more effectively recruit, develop, and retain cybersecurity professionals." Those recruited through the system will join the ranks of the DHS Cybersecurity Service, a federal team of cyber...
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