The U.S. Department of the Treasury unveiled additional steps to curb the illicit use of cryptocurrencies on Friday, warning enterprises not to engage with sanctioned entities exploiting the financial system - particularly to launder ransomware proceeds.
U.S. federal agencies issued a joint advisory around potential cyber threats to the nation's water facilities. They cite "ongoing malicious cyber activity - by both known and unknown actors - targeting the IT and OT technology networks, systems and devices" of U.S. water and wastewater systems.
Government authorities in Israel are warning healthcare sector entities in the country of potential cyberattacks after a ransomware attack this week on Hillel Yaffe Medical Center in the city of Hadera. The hospital said it is "using alternative systems" to care for its patients.
In this update, four editors discuss key cybersecurity issues, including addressing the complexity of security, the rising number of victims targeted by double extortion ransomware and the Information Commissioner's Office's recent consultation on creating an international data transfer agreement.
A free decryptor for BlackByte ransomware has been released by security researchers at Trustwave who cracked the crypto-locking malware's encryption. But they say that unfortunately, the underlying encryption problem is likely in the process of already being fixed by the malware's developer.
Australia plans to require businesses with more than $10 million in revenue to report ransomware attacks to the government, part of a comprehensive strategy to fight the attacks that also includes new criminal penalties and assistance to victims. The plan would need to be passed by Parliament.
The breach of text message routing giant Syniverse revealed yet another supply chain attack involving a key supplier, exacerbated by outdated communications protocols desperately in need of a security revamp and better incentives for improvement, says mobile telephony security expert Karsten Nohl.
The White House National Security Council this week kicked off its international counter-ransomware event with participation from more than 30 nations. This gathering aims to elevate both law enforcement collaboration and diplomatic efforts. Noticeably absent from the summit: Russia.
A flurry of hacking incidents and other recent breach developments highlight the cyberthreats and risks facing fertility healthcare and other related specialty providers that handle sensitive patient information.
In an effort to bolster endpoint protection within the U.S. government, the White House is ordering federal agencies to allow CISA to access existing deployments. It is also setting timelines for improving the protection of workstations, mobile phones and servers.
One measure of the damage being done by ransomware groups continues to be how many victims get listed on ransomware operators' dedicated data leak sites, as part of their so-called double extortion tactics. Unfortunately, the number of victims doesn't appear to be declining.
A Russian-speaking threat actor group that deploys the Ryuk variant ransomware, leverages initial access brokers, and generally skips double-extortion attempts in favor of fast and higher payout ransoms has been predominately targeting the healthcare sector, warns security firm Mandiant.
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.
A ransomware attack on Scottish multinational engineering firm Weir Group led to several ongoing but temporary disruptions, including engineering, manufacturing and shipment rephasing, hitting profits despite no ransom being paid.
Microsoft, in its annual threat review report, Digital Defense, says 58% of cyberattacks worldwide over the past year originated in Russia. And 92% of the Russia-based threat activity came from the nation-state threat group Nobelium.
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