Beazley Breach Response Services, a unit of global insurance company Beazley, reports that nearly half of the more than 3,300 breaches it investigated last year traced to a hack attack or malware infection. And half of those hacking/malware attacks were tied to business email compromise schemes.
A pair of U.S. chemical manufacturing companies have reportedly been struck by the LockerGoga ransomware over the past month and continue to recover from the same cyberattack that took down part of Aluminum giant Norsk Hydro last week.
Emotet pushes Ryuk, GandCrab taps NTCrypt, and BokBot borrows from Trickbot. With millions to be potentially stolen from victims, is it any wonder that malware-wielding gangs continue to get a little help from their cybercrime friends?
Attackers have hit North Carolina's Orange County with ransomware for the third time in six years. Government officials say IT teams have been working overtime to restore systems, and that no data has been lost.
Aluminum giant Norsk Hydro has been hit by LockerGoga ransomware, which was apparently distributed to endpoints by hackers using the company's own Active Directory services against it. To help safeguard others, security experts have called on Hydro to release precise details of how it was hit.
Norsk Hydro, one of the world's largest aluminum producers, has been hit by a crypto-locking ransomware attack that began at one of its U.S. plants and has disrupted some global operations. A Norwegian cybersecurity official said the ransomware strain may be LockerGoga.
Criminals wielding a new strain of ransomware called Cr1ptT0r are targeting network-attached storage users. The campaign was first discovered in February after owners of D-Link network storage enclosures reported that their devices were being crypto-locked.
Officials in Jackson County, Georgia, along with the FBI are investigating a ransomware attack that crippled IT systems over a two-week period and reportedly led local officials to pay a bitcoin ransom worth $400,000 to restore systems and infrastructure.
Australia has faced a few tough weeks on the cybersecurity front. Toyota Australia's computer systems were still down Friday after an attempted cyberattack. A healthcare group acknowledged it was the victim of a ransomware attack. And last week, suspected nation-state attackers hit Parliament's email systems.
The latest edition of the ISMG Security Report describes vulnerabilities found in popular password generator apps. Plus, the evolution of blockchain as a utility and a new decryptor for GandCrab ransomware.
A rush by some media outlets to attribute a late-2018 alleged Ryuk ransomware infection at Tribune Publishing to North Korean attackers appears to have been erroneous, as many security experts warned at the time. Rather, cybercrime gangs appear to be using Ryuk, according to researchers at McAfee and Coveware.
Good news for many victims of GandCrab: There's a new, free decryptor available from the No More Ransom portal that will unlock systems that have been crypto-locked by the latest version of the notorious, widespread ransomware. But the ransomware gang appears to already be prepping a new version.
This Valentine's Day, authorities are once again warning individuals to watch out for anyone perpetrating romance scams. The FTC says Americans lost $143 million to romance scams in 2017, while in the U.K., Action Fraud says reported romance scam losses in 2018 topped $64 million.
In 2018, the Identity Theft Resource Center counted 1,244 U.S. data breaches - involving the likes of Facebook, Marriott and Exactis - that exposed 447 million sensitive records, such as Social Security numbers, medical diagnoses and payment card data.
Ransomware victims who opted to pay for the promise of a decryption key forked over an average of $6,733 in the fourth quarter of 2018, according to ransomware incident response firm Coveware. It says strains such as SamSam and Ryuk, which demand higher-than-average ransoms, are increasingly common.