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.
The Dutch government says it may use intelligence agencies or military services to counter cyberattacks - including ransomware attacks - that threaten the country's national security. This comes in a letter from Dutch Minister of Foreign Affairs Ben Knapen in response to a parliamentary inquiry.
Yes, you know they are coming. And yes, the fraudsters have raised their game. But that doesn't mean you can't stop socially engineered attacks before threat actors can pull off their scams. Mike Britton of Abnormal Security tells you how.
As organizations look to streamline the way they work, they can introduce unknown cybersecurity gaps that make them vulnerable to a ransomware attack. CyberArk's Bryan Murphy shares insight on how CISOs and CIOs can implement a strong identity security program and prevent breaches.
The number of breach reports filed by U.S. organizations looks set to break records, as breaches tied to phishing, ransomware and supply chain attacks keep surging, the Identity Theft Resource Center warns. It says that there's also been a rise in tardy breach notifications containing little detail.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the importance of product security, the impact of ransomware on healthcare sector entities during the pandemic and thinking about cybersecurity awareness creatively.
The latest edition of the ISMG Security Report features an analysis of the arrest of two suspects tied to a major ransomware group in Ukraine. Also featured: Introducing "The Ransomware Files" and defining the next-gen CISO.
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.
Federal regulators are warning healthcare and public health sector organizations of potential attacks by the ransomware group LockBit 2.0 and its affiliates. The group claimed credit for the August attack on consultancy firm Accenture. What preventative steps should healthcare sector entities take?
The Singapore Cybersecurity Strategy 2021 names critical information infrastructure security as its top priority and aims to ensure the country’s cyber resiliency will be strong enough to tackle present-day security threats. The new strategy sets out requirements for CII and non-CII organizations.
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.
Cyber extortion through digital means is nothing new, says U.K.-based cybersecurity expert John Walker, but the concerning aspect of today's ransomware attacks is that they are "low-cost in the macro sense and so easy to achieve."
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