Ransomware isn't an easy area to study. But a team of researchers has calculated the minimum paid by all ransomware victims over a two-year period, and found that nearly 75 percent of the bitcoins attackers received got funneled onto Russia's now-shuttered BTC-e cryptocurrency exchange.
Ransomware has struck the city of Atlanta and frozen internal and customer-facing applications, hampering residents from paying bills or accessing court information. But the city says it has working backups and expects to pay employees on time.
If you browsed the latest security headlines, you'd probably think the majority of data breaches were related to hackers, political activists, malware or phishing. While the latter two hint at it, the truth is that nearly half of all data breaches can be traced back to insiders in some capacity.
A new strain of the Petya ransomware called "Bad Rabbit" is impacting business and sweeping across Russia and Ukraine, among other Eastern European countries. Like many of the other ransomware outbreaks, understanding fact from fiction is the first step in staying safe.
Interest in deception technology is growing because it can play a valuable role in improving intrusion detection, says Anton Chuvakin of Gartner, who explains the intricacies of the emerging technology in an in-depth interview.
Illegal transactions on the internet have long been conducted in the cryptocurrency bitcoin. But underground vendors are accepting new kinds of virtual currency that may be safer to store and offer more privacy protections, according to a new study of 150 dark web markets and forums.
Russian citizen Peter Levashov, arrested last year while vacationing in Spain, appeared Friday in U.S. federal court to face charges that he owned and operated the Kelihos botnet and distributed spam, banking Trojans and ransomware for profit. Levashov has pleaded not guilty.
Leading the latest edition of the ISMG Security Report: Inside the darknet marketplaces that serve cybercrime-as-a-service buyers and sellers. Also, why the healthcare sector remains so bad at detecting data breaches and blocking ransomware.
Leading the latest edition of the ISMG Security Report: Ransomware crypto-locks customer data stored by a cloud-based service provider. Also, there's a move afoot to use blockchain technology to better protect people's personally identifiable information.
After spiking in 2017, the volume of attacks involving ransomware has since declined, but the malware still remains a potent threat. For attackers, ransomware barriers to entry are lower than ever, thanks to highly automated ransomware-as-a-service offerings.
The operators of the Necurs botnet continue to target victims with phishing campaigns designed to infect them with banking malware, ransomware and cryptocurrency fever, as well as to generate profits via dating website referrals.
Leading the latest edition of the ISMG Security Report: Why some organizations with working backups still choose to pay a ransom after suffering a cryptolocking malware attack. Also featured: The U.S. government's push to bolster the private sector's "active defenses."
It seems like every vendor in the data security industry makes predictions this time of year. Which ones should you pay attention to? All of them, says Dan Lohrmann, who formerly served as CISO of the state of Michigan.
Security teams are scrambling to put in place fixes for the Meltdown and Spectre flaws. But Windows users report that Microsoft's security fix for the flaws has been freezing some PCs built with CPUs from chipmaker AMD. Here are workarounds.
An analysis of how unprepared businesses are to fight back against the continued problem of ransomware is featured in the latest edition of the ISMG Security Report. Also featured: outlooks for health data breaches and other cybersecurity trends in 2018.