Colonial Pipeline Co.'s CEO, Joseph Blount, said Wednesday that he authorized the payment of a $4.4 million ransom just hours after the company was hit by a DarkSide ransomware attack, telling The Wall Street Journal, "It was the right thing to do for the country."
The Colonial Pipeline ransomware attack was every CISO's nightmare. And Roger Caslow of HRSD has faced a similar nightmare before. Caslow and Amit Basu of International Seaways weigh in on this recent attack, its significance and how ransomware defenses must change.
Attacks against Colonial Pipeline and other organizations have put ransomware at the top of conversations about cybersecurity. Megan Stifel of the Global Cyber Alliance believes new approaches are needed now.
Troels Oerting, a veteran CISO who most recently served the World Economic Forum, has a storied career. He's been there, done that and mitigated the risk. In this exclusive conversation, he shares his opinions on today's threats, emerging technologies and challenges for the next generation of security leaders.
The DarkSide ransomware gang apparently collected over $90 million in ransom payments from about 47 victims, including Colonial Pipeline Co., since the gang began operating in August 2020, according to the blockchain analytics firm Elliptic, which says it analyzed bitcoin wallet activity.
It's a young practice but, globally, cyber insurance is starting to exert its influence with some of the largest enterprises - and in some of the most notable cyberattacks. John Pescatore of SANS Institute discusses questions that cybersecurity leaders need to ask before acquiring new policies.
In the past six months alone, we've seen the SolarWinds attack, the Microsoft Exchange Server exploits and the Colonial Pipeline ransomware strike. The threats are more imminent than ever. But Philip Reitinger of the Global Cyber Alliance believes strongly: We created this mess, and we can fix it.
From identity and access management to cloud migration and connected devices, retired RSA CEO Art Coviello looks beyond the pandemic and says, "It's going to be a Roaring '20s for technology." But he also foresees a potentially calamitous decade for security.
FBI agent Elvis Chan dedicated four years to election security, and he doesn’t hesitate to say: The 2020 presidential election was "the most secure election of my career." He explains why, and what lessons learned we can apply to future elections.
As former U.S. cybersecurity coordinator in the Obama administration, Michael Daniel is well-versed in critical infrastructure vulnerabilities. Now, as president and CEO of Cyber Threat Alliance, he's working to bring the public and private sectors together to improve cybersecurity defenses.
As CISO of Johnson & Johnson, Marene Allison was used to gauging her security posture by the top threat activity: nation-state, cybercrime, insider or hacktivist. But in 2020, they all struck at once. Here is one CISO's take on the state of the industry.
The recent Colonial Pipeline ransomware attack illustrates the vulnerability of the nation's critical infrastructure, says Richard Stiennon, a research analyst and the author of "Security Yearbook 2021: A History and Directory of the IT Security Industry."
Ransomware: The news isn't all bad. In fact, Derek Manky of Fortinet's FortiGuard Labs argues that recent takedowns and innovations have led to significant strides in defending against today's most crippling malware attacks.
The gang behind DarkSide ransomware, which U.S. authorities say was used in the attack against Colonial Pipeline Co., says it's closed its ransomware-as-a-service operation after losing access to part of its infrastructure.
After Health Service Executive, Ireland’s state health services provider, shut down all its IT systems serving hospitals in the wake of a ransomware attack early Friday, some security experts praised its decisive action and refusal to pay a ransom.
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