Online attackers are increasingly targeting the financial services sector. John Fokker, head of cyber investigations at Trellix, says his firm has charted a 22% quarterly increase in ransomware attacks on financial services, and APT detections have risen by 37%. Here's how the industry must respond.
Greek postal service Hellenic Post says a ransomware incident has forced it to pull a majority of its operations offline. It is working with IT security experts to probe the attack and restore services. Its subsidiary ELTA Courier has taken over nearly all operations to maintain business continuity.
Yet another ransomware-wielding group of criminals has hit an organization in the health sector. This time, it's cybercrime group RansomEXX, which has been trumpeting an attack against the Scottish Association for Mental Health. The crime gang says it has stolen more than 12GB of data from SAMH.
Identity management company Okta and Microsoft have confirmed breaches by the Lapsus$ group, which has been on a high-profile hacking spree. Okta is facing increasing pressure to more fully describe the impact of its incident, as Okta's identity systems are widely used across enterprises.
The ransomware-as-a-service operation AvosLocker has been amassing "victims across multiple critical infrastructure sectors in the United States," the FBI warns in a new alert that includes known indicators of compromise and tactics employed the group and essential defenses for all organizations.
The past month has been filled with action-packed virtual cybersecurity events as the enterprise community continues to deal with a myriad of cybersecurity challenges. While the topics covered were wide-ranging, ISMG analyzed two summits for common themes and shares the significant takeaways.
Researchers have uncovered a full-time initial access broker group that serves both Conti and Diavol ransomware groups. Google's Threat Analysis Group - TAG - observed this financially motivated threat actor, dubbed Exotic Lily, exploiting a zero-day in Microsoft MSHTML tracked as CVE-2021-40444.
In the latest weekly update, four editors at ISMG discuss how Russia's invasion of Ukraine complicates cybercrime ransomware payments, a former U.S. Treasury senior adviser's take on Biden's cryptocurrency executive order, and important points regarding the upcoming identity theft executive order.
Michael Lines is working with ISMG to promote awareness of the need for cyber risk management. As a part of that initiative, CyberEdBoard posts draft chapters from his upcoming book, "Heuristic Risk Management: Be Aware, Get Prepared, Defend Yourself." This chapter is "Recognize the Threats."
As the Russia-Ukraine war continues, healthcare sector entities need to be prepared to deal with potential spillover cyber incidents, says Anahi Santiago, CISO of ChristianaCare, the largest healthcare delivery organization in the state of Delaware. She discusses current cyber challenges.
As war in Ukraine rages and the Putin regime continues to drive toward population centers in the former Soviet state, U.S. cybersecurity officials remain on high alert - questioning whether the Russians will elevate the cyberwar against their Western neighbor or even NATO networks.
Automotive technology/parts supplier Denso confirmed that it suffered a ransomware attack last week. Investigations are ongoing. The company has not disclosed the ransom demanded or the attacker's name, but dark web monitoring platform DarkTracer says it's the work of the Pandora ransomware group.
What are the ethics of paying ransom to cybercriminals who might be working as a proxy cyber force in support of Russia's invasion of Ukraine? Realistically, whether or not to pay often comes down to a business decision. But Russia's invasion further complicates the optics for ransomware victims.
Expel is out with its new forward-looking report, "Great eXpeltations," and among the topics covered is supply chain targeting. Jon Hencinski of Expel and Bruce Potter of Clear Street share insights on why organizations must pay attention to these attacks.
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