As ransomware attacks become more prolific, their success is being driven by the increasing use of specialists who can refine every stage of an attack. It's a reminder that the goal of cybercrime remains to maximize illicit profits as easily and quickly as possible.
This edition of the ISMG Security Report features three segments on battling ransomware. It includes insights on the Biden administration's efforts to curtail ransomware attacks, comments on risk mitigation from the acting director of CISA, plus suggestions for disrupting the ransomware business model.
The Biden administration has a message for Russia: Rein in the criminal hackers operating from inside your borders who hit Western targets, or we'll do it for you. But experts say disrupting ransomware will take more than diplomacy or even using offensive cyber operations to target criminal infrastructure.
It was stealthy, and it was widespread. But perhaps the Kaseya VSA ransomware attack wasn't quite as effective and damaging as initially feared, says Michael Daniel, president and CEO of the Cyber Threat Alliance. He explains where defenses succeeded.
The Kaseya VSA ransomware attack was discussed exhaustively over the Fourth of July holiday weekend. But there's one big question that hasn’t been answered, says Tom Kellermann, head of cybersecurity strategy at VMware Carbon Black: "Who gave REvil the zero-day?"
A bipartisan bill introduced by Sens. Gary Peters and Ron Johnson would create a standardized cybersecurity training program for federal employees who purchase technology services. This bill follows a wave of attacks over the last two months that have targeted U.S. critical infrastructure.
Ransomware-wielding criminals continue to hone their illicit business models, as demonstrated by the strike against customers of Kaseya. A full postmortem of the attack has yet to be issued, but one question sure to be leveled at the software vendor is this: Should it have fixed the flaw more quickly?
Failure to take basic security steps - such as avoiding using end-of-life software and default passwords - can create serious national security risks, CISA stresses. The agency is in the early stages of developing a catalog of "bad practices" that should be avoided.
REvil, aka Sodinokibi, is one of today's most notorious - and profitable - ransomware operations, driven by highly skilled affiliates who share profits with the operators. And the operators are constantly improving the malware, including porting it to Linux to target network-attached storage and hypervisors.
In the latest weekly update, a panel of Information Security Media Group editors discusses key topics, including cybersecurity trends for the second half of the year, IoT device security and the planned security features for Windows 11.
The NSA, the FBI and other U.S. government agencies are tracking an ongoing Russian cyberespionage campaign in which attackers are using brute-force methods to access Office 365 and other cloud-based services.
In a multinational effort led by the Dutch National Police, authorities seized servers and web domains used by DoubleVPN, a Russia-based company that allegedly provided a safe operating infrastructure for cybercriminals, according to Europol.
Deputy national security adviser Anne Neuberger says the White House is preparing to release additional details, including attribution, about the attacks that targeted vulnerable on-premises Microsoft Exchange email servers at government agencies and other organizations earlier this year.
The legitimate security penetration testing tool Cobalt Strike is increasingly being used by threat groups, especially those that are less technically proficient, according to a Proofpoint report. The security firm says the number of attacks using the tool rose by 161% from 2019 to 2020.
Cyberattackers are using malware dubbed "Crackonosh" to disable many antivirus programs, paving the way for installation of the XMRig cryptominer, according to Avast. So far, this approach has generated more than $2 million in monero for the attackers over the last seven months, the security firm reports.
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