Ransomware-wielding attackers have myriad tactics for extorting victims, including demanding a stand-alone ransom for a promise to delete stolen data. But Coveware's Bill Siegel urges victims to never pay for such promises, in part because they rarely - if ever - get honored.
The latest edition of the ISMG Security Report discusses why too few organizations admit to being victims of ransomware attacks, how delayed enterprise subscription start dates forced CrowdStrike to cut sales forecasts, and leveraging threat intelligence to protect critical infrastructure.
Open Systems has purchased an early-stage Microsoft-centric MSSP to help automate investigating, triaging and responding to basic security alerts. The Silicon Valley-based MDR provider says its acquisition of U.K.-based Tiberium will free up security analysts to focus on preventative defenses.
A British judge ordered cryptocurrency trading platforms to divulge the identities of account holders accused of holding funds stolen from an English digital assets exchange. A change in civil procedure makes it easier for English judges to subpoena foreign entities in cases of financial fraud.
The push to migrate applications to cloud-native architectures has driven increased use of containers and created the need for more security, says Veracode CEO Sam King. Veracode's expertise in application security helps the company identify open-source code and known vulnerabilities in containers.
While the cybercrime story for 2022 has yet to be fully written, cryptocurrency theft will no doubt have a starring role. Buoyed by the collective pilfering of billions of dollars' worth of cryptocurrency this year, what's to stop attackers from doubling down in 2023?
As the U.S. celebrates Thanksgiving, let's give thanks for this cybercrime karma: For more than two years, law enforcement and security experts have been exploiting flaws in the crypto-locking malware to help victims decrypt their systems without paying a ransom.
The latest edition of the ISMG Security Report discusses how the profits of ransomware group Zeppelin have been smashed by security researchers, FTX again highlighting the risks of trading cryptocurrencies, and vendor Extrahop's newly appointed, high-profile president.
ReliaQuest customers have tailored Digital Shadows' threat intelligence to their organizations to ensure conversations about their brands or products are being captured, says CEO Brian Murphy. The security operations firm says the Digital Shadows deal has fortified its detection and response muscle.
Data breaches are tricky to cover, and we want to report on them in an ethical way. That requires picking what should be reported for informed public discourse but avoiding topics that may encourage attackers' efforts to shame victims into paying a ransom and anything resembling data dump voyeurism.
After the collapse of the FTX cryptocurrency exchange, I received a small postcard from Japan. The sender was Mt. Gox. Here's how I bought a bitcoin for $12 and had a painful front-row seat for the first big cryptocurrency exchange collapse, plus some thoughts about cryptocurrency.
Palo Alto Networks will make its first major acquisition in nearly two years, scooping up application security startup Cider Security for $250 million. The Silicon Valley-based platform security behemoth will fork over $194.6 million of cash as well as $55.4 million of replacement equity for Cider.
ExtraHop has snagged high-profile Check Point, Cylance and Optiv executive Chris Scanlan to help the network security provider reach $500 million in annual recurring revenue. The Seattle-based network detection and response vendor has tasked Scanlan with strengthening ExtraHop's go-to-market motion.
The traditional application development model that puts security checks at the end of the process creates needless friction that slows down organizations, says Snyk solutions engineer Matt Mintzer. Application security specialists need to build tracks rather than guardrails for development, he says.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing databreachtoday.com, you agree to our use of cookies.