Is it any wonder that criminals keep flocking to ransomware when their individual haul from a well-executed digital heist can be worth $11 million? That's the amount paid to the REvil ransomware gang by meatpacker JBS USA, after its systems were crypto-locked on May 30.
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.
Does the West want to have its digital existence defined by adversaries, or is it ready to devote the time, resources, expertise and planning required to more fully take control of its evolving destiny? That's the techno-Darwinian call to arms issued by Jeremy Fleming, the director of Britain's GCHQ intelligence...
Ireland's privacy regulator has launched an investigation into Facebook after personal information for 533 million of the social network's users appeared for sale online. It will analyze whether Facebook violated the country's data protection law or the EU's General Data Protection Regulation.
Interpol says Dutch and Nigerian suspects created a cloned version of a legitimate personal protective equipment provider's website to trick a German health authority seeking face masks. The case is a reminder that a "sophisticated" scheme need not require extreme technical sophistication to succeed.
Criminals love to amass and sell vast quantities of user data, but not all data leaks necessarily pose a risk to users. Even so, the ease with which would-be attackers can amass user data is a reminder to organizations to lock down inappropriate access as much as possible.
Email security provider Cofense and data security firm StrikeForce Technologies both have announced acquisitions. Meanwhile, data protection firm OneTrust received additional funding.
Crisis communications: If your organization suffers a ransomware outbreak - despite its best cybersecurity efforts - is it ready to respond quickly and transparently? Experts have lauded the Scottish Environment Protection Agency for its response, saying it's a model for other victims to emulate.
Several members of the German Parliament, the Bundestag, and political activists in the country were targeted by a spear-phishing campaign, according to a local news report Friday. Parliament previously sustained a cyberattack in 2015.
What happens when an e-commerce retailer sends customers a data breach notification email with a subject line that reads "strictly private and confidential"? "Clearly trying to make people stay quiet," responded one unamused Fat Face customer. Others report being none the wiser as to what risks they now face.
Nearly four years after the WannaCry ransomware hit the world, targeting the EternalBlue vulnerability in Microsoft SMB version 1, security firms say the malware continues to be a top threat detected in the wild by endpoint security products. Why won't WannaCry just die?
French authorities are warning the country's healthcare sector of the discovery of a glut of stolen credentials, apparently belonging to hospital workers, that were found for sale on the dark web. The alert comes amid a recent rise in ransomware attacks on hospitals and other healthcare entities.
Venture capital firm Sequoia Capital confirmed it was recently involved in a "cybersecurity incident," but offered no details on exactly what may have transpired. Cybersecurity teams and law enforcement agencies have been notified.
SonicWall was recently attacked via a zero-day flaw in one of its own products. Curiously, SonicWall hasn't said much about the extent and damage of the breach since its announcement. But there are strong indications it may have been targeted by an extortion attempt.
Bloomberg has stood firm on its controversial story from two years ago asserting that China implanted a tiny chip on motherboards made by Supermicro. But rather than proving its contention in a follow-up, it may have inflicted more reputational damage upon itself.
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