A WannaCry outbreak has hit unpatched Windows 7 systems at Taiwan Semiconductor Manufacturing Co., crippling its factories. The world's largest chipmaker, which traced the infection to a new software tool that it failed to scan for malware before installation, says the outbreak could cost it $170 million.
The cost of the city of Atlanta's mitigation and subsequent IT overhaul following a massive SamSam ransomware infection in March could reach $17 million, of which $6 million has already been budgeted for new devices, security enhancements as well as upgrades, according to news reports.
A "local network breakdown" - reportedly caused by a ransomware infection - led Chinese shipping giant Cosco to shut down all networks for its offices in the United States and seven other countries while it scrubbed and restored systems.
Medical testing laboratory firm LabCorp is still working to fully recover systems functionality nearly a week after a cyberattack that the company now claims involved "a new variant" of ransomware. What can other organizations do to avoid becoming the next victim?
Medical laboratory testing firm LabCorp is investigating a weekend cyberattack on its IT network, which resulted in the company taking certain processes offline. The attack is just the latest cyber assault on the healthcare sector.
A coding mistake by an electronic health records vendor has resulted in a data breach impacting thousands of United Kingdom patients. But the incident also serves as a reminder to healthcare entities in the U.S. and elsewhere about the variety of data privacy and security risks vendors can pose.
If 2017 was the year of ransomware innovation, 2018 is well on its way to being known as the year of cryptocurrency mining malware. Numerous studies have found that the most seen malware attacks today are designed for cryptojacking. But while ransomware campaigns may be down, they're far from out.
With endpoint security, the fundamental concept was always to detect and prevent. Mature security strategies today are increasingly looking at response and remediation as well to complete the cycle, says Shrenik Bhayani of Kaspersky Lab.
What are hot cybersecurity topics in Scotland? The "International Conference on Big Data in Cyber Security" in Edinburgh focused on everything from securing the internet of things the rise of CEO fraud to the origins of "cyber" and how to conduct digital forensic investigations on cloud servers.
We need to talk about ransomware, says James Lyne, global research adviser at Sophos: "It's not the big, sexy security topic that it once was, but there's some really interesting evolution in their tactics." Lyne rounds up the latest tactics and describes how machine learning is offering new defensive hope.
As the prevalence and scale of data breaches continues to increase - with attacks such as WannaCry and NotPetya having compromised entire business sectors - organizations must focus much more on preventing attacks, says Check Point's Gad Naveh.
Cyber extortion group Rex Mundi has been shut down following the arrest of seven suspects in France and a French national in Thailand, police say. Investigators began pursuing the group last year after it stole customer data from a British firm and demanded $770,000 to not publicly release it.