Sodinokibi/REvil appears to be making millions since it seized the ransomware-as-a-service mantle from GandCrab earlier this year. Security firm McAfee says up to 40 percent of every victim's ransom payment - average: $4,000 - gets remitted to the Sodinokibi actor, with "affiliates" keeping the rest.
While the Russian-linked hacking group known as The Dukes, Cozy Bear and APT29 in recent years appeared to have gone somewhat quiet, researchers from ESET report that the hackers have been targeting various European embassies and ministries as part of what the security firm dubs "Operation Ghost."
Scammers are using the notorious Phorpiex botnet as part of an ongoing "sextortion" scheme, according to Check Point researchers. At one point, the botnet was sending out over 30,000 spam emails an hour and the attackers made about $110,000 in five months, researchers say.
Organizations are accepting that the network perimeter no longer serves as the "ultimate defense" and thus adapting zero-trust principles, including least privilege, based on the understanding that they may already have been compromised, says Darran Rolls of SailPoint.
Robotic process automation aims to use machine learning to create bots that automate high-volume, repeatable tasks. But as organizations tap RPA, they must ensure they take steps to maintain data security, says Deloitte's Ashish Sharma.
The Philadelphia Department of Public Health inadvertently exposed on its website the records of thousands of hepatitis patients, according to a local news report. The incident points to the need for better staff training, one expert says.
Private-equity firm Thoma Bravo, which already has stakes in several cybersecurity companies, plans to buy U.K.-based security company Sophos in a $3.9 billion deal, the two companies announced Monday. The Sophos board will "unanimously recommend" the sale to shareholders, the company says.
Cybersecurity vendor Imperva's breach post-mortem should serve as a warning to all those using cloud services: One mistake can turn into a calamity. The company accidently left an AWS API key exposed to the internet; the key was then stolen and used to steal a sensitive customer database.
Personalized product retailer CafePress has been hit with a lawsuit alleging that it failed to notify 23 million customers about a data breach in a timely manner or follow security best practices. The company was allegedly still using outdated SHA-1 to hash passwords, which can be easily cracked.
The personal data of Mississippi citizens is susceptible to breaches because many state agencies, universities and other organizations are failing to comply with all the mandates of the state's cybersecurity law, according to a report issued by the Office of the State Auditor.
What should healthcare organizations know about complying with the breach notification and data security requirements of New York's SHIELD Act? And how does the new law compare with HIPAA? Jon Moore, chief risk officer at consulting firm Clearwater, explains.