The most sought-after type of victim for ransomware-wielding attackers is a large, U.S.-based business with at least $100 million in revenue, not operating in the healthcare or education sector, with remote access available via remote desktop protocol or VPN credentials, threat intelligence firm Kela reports.
As the United States heads into a holiday weekend, experts are warning that ransomware-wielding attackers are sure to unleash crypto-locking chaos in the coming days, with Conti ransomware attacks in particular having been rising sharply in recent weeks.
Ransomware is the result of a criminal blending technology's wonders: networking and encryption. It's a modern-day implementation of extortion, a crime as old as time. The Atlantic Council contends lessons from fighting past extortion schemes, such as plane hijackings, could help fight ransomware.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the emergence of new and rebranded ransomware groups practicing double extortion and supply chain security challenges in the oil and gas industry.
The latest edition of the ISMG Security Report features an analysis of data breach trends. Also featured: yet another Microsoft Exchange vulnerability and misconceptions about cybercrime groups.
While there is currently a lack of specific cyberthreats, Deputy National Security Adviser Anne Neuberger urges organizations, especially those in critical infrastructure, to take precautions over the Labor Day weekend, as threat groups have taken advantage of previous holidays to conduct attacks.
The operators of LockFile ransomware have adopted new techniques, including "intermittent encryption," to help evade detection, according to cybersecurity firm Sophos.
Because a relatively small number of individuals provide the vast majority of services and infrastructure that power cybercrime, they remain top targets for arrest - or at least disruption - by law enforcement authorities, says cybercrime expert Alan Woodward. But of course, geopolitics sometimes gets in the way.
Local officials with the city of Rolle, located near Lake Geneva in Switzerland, have acknowledged that they initially misjudged the impact of a recent ransomware attack that reportedly led to the leak of residents' data on the darknet.
The FBI has issued a warning about Hive ransomware after the group took down Memorial Health System last week. The alert details indicators of compromise, tactics, techniques and procedures associated with these ransomware attacks to help organizations better defend themselves.
Phishing, ransomware and unauthorized access remain the leading causes of personal data breaches as well as violations of data protection rules, Britain's privacy watchdog reports. The U.K. government has also been caught out by breaches and leaks involving military secrets and CCTV footage from a government building.
This edition of the ISMG Security Report features an analysis initiatives unveiled by the Biden administration to enhance supply chain and critical infrastructure security and address the cybersecurity skills gap. Also featured: LockBit 2.0 ransomware rep 'tells all'; misconfigured Microsoft Power Apps.
This is the first episode of "The Ransomware Files," a podcast series focused on stories of resilience in the fight against ransomware. A systems administrator with a school district in Washington state recounts a brush with Ryuk ransomware and how the district recovered through tenacity and a bit of luck.
After a string of high-profile hits, many of the largest and most notorious ransomware operations recently disappeared. But the pace of ransomware attacks hasn't diminished because of a steady influx of new operations, existing operations getting more sophisticated and old players rebranding.
In the first half of 2021, Fortinet's FortiGuard Labs detected a 10-fold increase in weekly ransomware activity as compared to 2020. This is just one of the trends detailed in the Global Threat Report for the first half of 2021. Derek Manky of FortiGuard Labs analyzes the trends and takeaways.
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