Several data breaches stemming from unpatched vulnerabilities in Accellion's File Transfer Appliance have been revealed. What went wrong? Where does the fault lie? And what can organizations do about it?
To take down bigger targets more easily and quickly, ransomware gangs are increasingly tapping initial access brokers, who sell ready access to high-value networks. Economically speaking, it's a no-brainer move for cybercrime gangs.
Ransomware attacks continue to pummel organizations, but fewer victims have been paying a ransom, and when they do, on average they're paying less than before, says ransomware incident response firm Coveware, which traces the decline to attackers failing to honor their data deletion promises.
Hackers who infiltrated government and business networks via a stealthy backdoor added to SolarWinds' Orion software appear to have focused on only the most high-value targets, leading to about 50 organizations being "genuinely impacted," says FireEye CEO Kevin Mandia.
In light of calls from some quarters for the U.S. to launch online attacks in reprisal for the SolarWinds supply chain campaign - allegedly carried out by Russia's foreign intelligence service - it's time to pause and remember: Spies are going to spy.
Following the discovery that attackers Trojanized SolarWinds' Orion software, expect the list of organizations that were running the backdoored network-monitoring tool to keep increasing. But with this being a suspected cyberespionage operation, attackers likely focused on only the juiciest targets.
Are insurers getting cold feet over covering losses to ransomware? With claims due to ransomware skyrocketing, some insurers have reportedly been revising offerings to make it tougher for companies to claim for some types of cybercrime, including extortion.
Warning to workers: Your productivity tools may also be tracking your workplace productivity, and your bosses may not even know it. But as more workplace surveillance capabilities appear, legal experts warn that organizations must ensure their tools do not violate employees' privacy rights.
Darkside is the latest ransomware operation to announce an affiliate program in which a ransomware operator maintains crypto-locking malware and a ransom payment infrastructure while crowdsourced and vetted affiliates find and infect targets. When a victim pays, the operator and affiliate share the loot.
Victims of crypto-locking malware who pay a ransom to their attackers are paying, on average, more than ever before. But investigators warn that when victims pay for a guarantee that all data stolen during an attack will get deleted, criminals often fail to honor their promises.
Takeaway from the U.K.'s GDPR privacy fine against hotel giant Marriott: During M&A, review an organization's cybersecurity posture before finalizing any acquisition. Because once a deal closes, you're fully responsible for data security - IT network warts and all.
So far, much of the discussion about 5G security has focused on avoiding the use of technology from Chinese manufacturers, including Huawei and ZTE. But security experts are increasingly concerned that 5G network and device providers rushing products to market aren't devoting enough attention to security.
An indictment unsealed this week demonstrates the degree to which Western intelligence agencies have apparently been able to infiltrate the Russian intelligence apparatus to trace attacks back to specific agencies - and individual operators. Shouldn't Russian spies have better operational security?
As ransomware continues to slam organizations, a lively debate has ensued about whether ransom payments should be banned in all cases. Attempting to ban ransom payments, however, likely would only make the problem worse.
Cybercrime wouldn't exist as we know it today without there being a multitude of technologies and services that criminals have been able to turn to their advantage, and cryptocurrency is one of the prime examples, especially when it comes to ransomware, darknet markets and money laundering.