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.
As bitcoin continues its massive price fluctuations, a new report says criminals have continued their push to get extortion and ransom payments in more stable cryptocurrencies. But bitcoins remain a top target for hackers, who most often choose to directly target cryptocurrency exchanges.
Leading the latest edition of the ISMG Security Report: Our exclusive report on an Australian criminal investigation into a company that apparently swiped cryptocurrency using a software backdoor. Also, cutting through the hype on artificial intelligence and machine learning.
Hackers have reportedly demanded a ransom from Bank of Montreal and Simplii Financial in exchange for not dumping 90,000 customers' account details on a fraud forum. The FBI says online extortion and ransomware remain the top two types of cybercrime it's seeing today.
A mental healthcare practice's decision to pay a ransom to have sensitive patient data unlocked illustrates the difficult choices that organizations can face when attempting to recover from a ransomware attack.
With the rise of P2P payment networks and the U.S. working toward a real-time national payments network, the push is on to battle fraudsters. Also, attackers are hacking legitimate websites to more stealthily distribute "Gandcrab" crypto-locking ransomware.
The Gandcrab ransomware has been a moving target. Since it was discovered in January, it quickly became one of the most widely distributed file-encrypting malware programs. Researchers with Cisco say they've now found it seeded within legitimate websites, making its spread tougher to stop.
We all know about May 25 and the enforcement deadline for Europe's General Data Protection Regulation. But what impact will GDPR have on cybersecurity programs? Danny Rogers of Terbium Labs weighs in on the topic.
The attackers behind SamSam ransomware have been focusing not on infecting individuals' computers, but rather the systems of large organizations that they hope will pay for a "volume discount" - in one case, $46,000 - to decrypt all of their systems at once.
What are the top cybersecurity threats and trends on security experts' radar? McAfee's Raj Samani and Steve Povolny discuss Olympic Destroyer malware, cryptocurrency mining, the Cambridge Analytica and Facebook scandal and more.
Two recent security incidents involving ransomware attacks on vendors serve as the latest reminders of the risks business associates pose to healthcare organizations. What steps should entities take to mitigate those risks?