A congressional letter sent to the heads of four federal agencies expressed an urgent need for the Biden administration to continue combating ransomware. This includes a particular focus on the cryptocurrency infrastructure that is enabling these cyberattacks, four Democratic lawmakers say.
Deepayan Chanda discusses the four principles of cybersecurity - reliability, accuracy, architecture and resiliency - that he believes cover most of the aspects of how CISOs can maintain the level of cybersecurity that their organzations need to sustain attacks.
The U.S. Department of Justice said this week it will pursue government contractors that fail to report cybersecurity incidents. The department also announced the formation of a Cryptocurrency Enforcement Team to prosecute the misuse of virtual currencies.
U.S. lawmakers have introduced legislation that would require the reporting of ransom payments within 48 hours of the transaction. The bill would also require DHS to create a voluntary website to log ransom payments and task the department with studying ransomware and cryptocurrencies.
A former U.S. Army contractor has been sentenced to 12 years and seven months in prison and ordered to pay $2,331,639.85 in restitution, for conspiring to commit wire fraud and launder money, targeting thousands of military-affiliated individuals, according to a Department of Justice statement.
Four federal agencies have been awarded $311 million to bolster the U.S. government's cyber defenses and address IT modernization challenges, according to the interagency board of the Technology Modernization Fund, a federal funding source, which made the announcement Thursday.
A bipartisan effort to implement cybersecurity incident reporting and the tracking of ransomware payments has been introduced by leaders of the Senate Homeland Security and Governmental Affairs Committee. While it differs from legislation introduced in July, lawmakers hope to reconcile the bills.
The founder of Group-IB, one of Russia's largest cybersecurity companies, has been detained on state treason charges and will be held in custody for two months, with alleged crimes punishable by up to 20 years in prison, according to wire reports.
Cybersecurity and computer science experts testifying before Congress on Tuesday expressed concerns about their inability to access key social media data sets that could allow them to analyze and potentially counter the spread of misinformation.
A bipartisan bill has been introduced in the U.S. Senate which, if passed, would find the Treasury Department actively monitoring cryptocurrency mining abroad, as well as its ultimate impact on U.S. supply chains for critical resources, including semiconductors.
The world is experiencing a cybercrime pandemic, which is a direct consequence of COVID-19, according to Amit Basu, CISO and CIO at International Seaways. He offers proactive prevention measures, based on his own experience, for how organizations can stay safe and secure.
The U.S. Department of Commerce is soliciting input on a Trump administration cybersecurity executive order that requires cloud providers to verify the identities of certain users - particularly cyber actors potentially operating abroad and leveraging U.S. cloud technologies.
For combating ransomware, doing the security basics is essential, including keeping systems updated and patched. Don't follow in the footsteps of one technology firm, which Sophos found got hit by Cring ransomware after attackers exploited ColdFusion software that hadn't been patched in 11 years.
Ransomware-wielding attackers love to lie to victims. But REvil - aka Sodinokibi - has reportedly been running double negotiations to make affiliates think a victim hasn't paid a ransom, using a backdoor in the malware that allows administrators to decrypt victims' systems, so affiliates don't get their cut.
Brian Barnier, a director of analytics who is developing a course on critical and design thinking in cybersecurity for CyberEd.io, is a firm believer in the importance of critical thinking today. He discusses how that, plus systems and design thinking, can improve the way cybersecurity functions.
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