As ransomware attacks become more prolific, their success is being driven by the increasing use of specialists who can refine every stage of an attack. It's a reminder that the goal of cybercrime remains to maximize illicit profits as easily and quickly as possible.
Ransomware-wielding criminals continue to hone their illicit business models, as demonstrated by the strike against customers of Kaseya. A full postmortem of the attack has yet to be issued, but one question sure to be leveled at the software vendor is this: Should it have fixed the flaw more quickly?
The saga around how scores of aging Western Digital NAS devices were remotely erased has deepened with the discovery of a new, unknown software vulnerability. The situation underscores the problems of still-used devices that have been abandoned by manufacturers.
Owners of Western Digital My Book Live devices have seen their data remotely wiped by attackers targeting a flaw first detailed in 2019. But WD stopped supporting these devices in 2015, which is a reminder that the best way to secure some types of internet of things devices may be to discard them.
It's been two years since Gartner first gave a name to Secure Access Service Edge. But it's quickly emerging as a popular architecture for digitally transformed enterprises. Elton Fontaine of Palo Alto Networks discusses SASE use cases for state and municipal government, as well as higher education.
The global law enforcement "Anom" honeypot operation racked up impressive statistics for the number of criminals tricked into using the encrypted communications service. Psychology was at play: Officials say users flocked to the service after they disrupted rivals EncroChat and Sky Global.
Bitcoin has enabled fast payments to cybercriminals pushing ransomware. How to deal with bitcoin is the subject of a spirited debate, with some arguing to restrict it. But bitcoin doesn't always favor cybercriminals, and it may actually be more of an ally than a foe by revealing webs of criminality.
Based on Russian-language cybercrime chatter, "fear" likely drove the lucrative Avaddon ransomware-as-a-service operation to announce its retirement as the U.S. exerts increasing diplomatic pressure on Moscow to disrupt such activity, experts say. But are criminals simply laying low until the heat dies down?
The prolific Avaddon ransomware-as-a-service operation has announced its closure and released 2,934 decryption keys for free. Has the increased focus by Western governments on combating ransomware been driving this and other operations to exit the fray?
A small U.S. nuclear weapons contractor has confirmed that it suffered a ransomware attack, resulting in the theft of data. Credit for the attack has been taken by the ransomware-as-a-service operation known as REvil, aka Sodinokibi, which the FBI recently tied to the attack against meatpacking giant JBS.
Some 26 million passwords were exposed in a 1.2 terabyte batch of data found by NordLocker, a security company. It's workaday botnet data, but it highlights a hostile malware landscape, particularly for people still inclined to download pirated software.
ExtraHop announced Tuesday it has entered into a definitive agreement to be acquired by the private equity firms Bain Capital Private Equity and Crosspoint Capital Partners for $900 million. The transaction is expected to close in the summer of 2021.
The White House has written to business leaders, urging them to prioritize having robust ransomware defenses in place. The move comes as the Biden administration pursues multiple strategies to combat ransomware and digital extortion, including ordering a new task force to coordinate all federal investigations.
Former customers of the now-defunct encrypted communications service EncroChat, which was infiltrated by police last year, continue to get busted, including members of a crime syndicate that operated "an industrial-scale cocaine laboratory" in the Netherlands, Europol says.
Ransomware attacks are stuck on repeat: Criminal syndicates have found an extremely profitable business model, and they're milking it for all it's worth. So give the city of Tulsa, Oklahoma, credit for having in place robust disaster recovery capabilities and vowing to remediate, rather than pay criminals.