The FBI warns that the Cuba ransomware actors have managed to extort $43.9 million in ransom payments from victims after compromising at least 49 entities in five critical infrastructure sectors: financial, government, healthcare, manufacturing, and information technology, all since early November.
The U.S. Transportation Security Administration has issued new security directives for higher-risk freight railroads, passenger rail, and rail transit that it says will strengthen cybersecurity across the transportation sector in response to growing threats to critical infrastructure.
The Bioeconomy Information Sharing and Analysis Center is warning biotechnology organizations, including vaccine makers and other biomanufacturers, of escalating threats involving Tardigrade malware, which experts say is used to launch ransomware and other potentially serious attacks.
A former employee of a New York-based technology company, likely to be IoT technology company Ubiquiti, has been arrested for stealing confidential data and extorting his employer for nearly $2 million. If convicted, the suspect faces up to 37 years in prison.
Many ransomware-wielding attackers continue to rely on initial access brokers to easily gain deep access to victims' systems, allowing them to steal data and attempt to pressure victims into paying via data leak sites. Researchers say that the number of victims being listed on such sites has surged.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how the FBI has seized bitcoins from an alleged REvil ransomware affiliate, how to mitigate risks from BIN attacks and the latest COVID-19 trends globally.
The latest edition of the ISMG Security Report features an analysis of best practices for negotiating a ransom payment. Also featured: Busting Zero Trust myths and the dangers of mythologizing defenders.
Planned Parenthood of Los Angeles is notifying about 400,000 individuals of a hacking incident in October involving the exfiltration of files containing sensitive health data, including patients' diagnoses and medical procedures. Could other similarly high-profile entities and their patients become the next targets?
Ransomware continues to dominate headlines with no sign of slowing down. What started more than 30 years ago has become one of the most prevalent and lucrative cyberattacks that does not discriminate by company size, industry or geography.
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The cyber threat landscape, including ransomware, has transitioned to a case of when not if. To ensure you can recover your data and not pay the ransom, you need to trust that your...
The FBI has seized 39.9 bitcoins worth $2.3 million from an alleged affiliate of the notorious REvil - aka Sodinokibi - ransomware group. A forfeiture notice filed by the government accuses Russian national Aleksandr Sikerin of having amassed the cryptocurrency via victims' ransom payments.
MSPs and their SMB clients took a beating in 2021 as cybercriminals evolved their strategies and extortion tactics to succeed with costly ransomware, tech supply-chain and other attacks. Recent research shows where businesses and their IT service providers failed to close gaps in defense strategies – gaps that led...