Fraudsters falsely claiming to be the now-shuttered DarkSide ransomware gang are targeting organizations in the food and energy sectors by sending hoax emails that attempt to extort ransoms from victims, the security firm Trend Micro reports. None of the victims has detected a data compromise so far.
The U.S. Senate has unanimously approved Chris Inglis as national cyber director. He assumes the role as the country is still reeling from a series of ransomware attacks and the SolarWinds supply chain attack. Meanwhile, confirmation of a new CISA director is on hold.
In the latest weekly update, a panel of Information Security Media Group editors discusses key topics, including NATO's new cyber defense policy, the outlook for congressional regulatory action to address the ransomware threat, and cybersecurity comments by U.S. Rep. Jim Langevin.
Bitcoin has enabled fast payments to cybercriminals pushing ransomware. How to deal with bitcoin is the subject of a spirited debate, with some arguing to restrict it. But bitcoin doesn't always favor cybercriminals, and it may actually be more of an ally than a foe by revealing webs of criminality.
The Department of Homeland Security unit that's responsible for the safety of the nation's interstate pipelines is preparing new cybersecurity requirements for oil and gas companies in the wake of the Colonial Pipeline Co. ransomware attack.
Just before Wednesday's U.S.-Russia summit, at which cybercrime was high on the agenda, authorities in Ukraine announced they had busted six suspected members of the Clop ransomware operation. Security experts say these apparently were midlevel players, with Clop's main operators likely based in Russia.
With the RSA Conference virtual this year, ISMG replaced its two live on-site studios with a suite of home studios and produced a diverse group of interviews on timely topics with thought leaders who will be solving cybersecurity's most urgent problems.
The U.S. and its NATO allies endorsed a new cybersecurity defense policy during President Biden's visit this week with member states in Brussels. The policy agreement comes as Biden prepares to meet Russian President Vladimir Putin on Wednesday to discuss cybersecurity and other issues.
Based on Russian-language cybercrime chatter, "fear" likely drove the lucrative Avaddon ransomware-as-a-service operation to announce its retirement as the U.S. exerts increasing diplomatic pressure on Moscow to disrupt such activity, experts say. But are criminals simply laying low until the heat dies down?
After hearings in the Senate and House on a spate of ransomware attacks that have put the nation's critical infrastructure in danger, some security experts say Congress may be poised to take action to create greater regulatory oversight of cybersecurity within certain industries.
The prolific Avaddon ransomware-as-a-service operation has announced its closure and released 2,934 decryption keys for free. Has the increased focus by Western governments on combating ransomware been driving this and other operations to exit the fray?
The U.K. says it plans to turn the country into a global leader in cybersecurity, in partnership with the U.S, to counter threats ranging from ransomware to critical infrastructure attacks, according to a report by U.K. newspaper the Telegraph.
The House Oversight and Reform Committee is now probing the $11 million payment that meat-producer JBS paid to a cybercriminal gang following a ransomware attack in May. Committee Chairwoman Carolyn Maloney also asked for documents related to ransom payments made by Colonial Pipeline and CNA.
Cryptocurrency has a reputation for being tough to trace - no wonder anonymity-craving criminals favor using it. In reality, cryptocurrencies don't make users anonymous. But just how did the FBI recover most of the bitcoins paid by Colonial Pipeline to the DarkSide ransomware operation?