A week after a ransomware attack locked up customer files and data at online cloud hosting provider iNSYNQ, the company is continuing to recover and restore its internal infrastructure. It remains unclear how much longer this process will take, the company acknowledges.
With the GandCrab ransomware-as-service gang promising to retire - and free decryptors now aiding victims - rival Sodinokibi has already stepped into the void, security experts warn. Driven also by attackers wielding Ryuk, Dharma and Phobos, ransom payments by victims have been surging.
New research highlights key management and communication issues facing those responsible for cyber security, including entrenched perceptions by senior leadership and employees. Nearly 50% of cyber security professionals, for example, believe executive boards see them in just a maintenance role, rather than a source...
Digital transformation impacts the way that organizations deal with cybersecurity risk. For SMBs in particular, it is essential to place security at the center of this transformation.
With 13 million data hacks a data hacks and 30 million records lost a day, it is important for organizations to not undermine the...
The latest edition of the ISMG Security Report discusses Cloudflare's harsh criticism of Verizon over an internet outage it labeled as a "small heart attack." Plus: sizing up the impact of GDPR; reviewing highlights of the ISMG Healthcare Security Summit.
A second small city in Florida is paying off cybercriminals to recover from a ransomware attack that crippled the municipality's local network. How much did Lake City agree to pay, and how much of that was covered by insurance?
The city of Riviera Beach, Florida, has agreed to pay hackers about $600,000 in bitcoin to end a ransomware attack that crippled the city's IT infrastructure for nearly a month. In another recent incident, Baltimore refused to pay a ransom after an attack and faces $18 million in recovery costs so far.
One of the most-heard complaints from security experts is that often they find their work repetitive ("The CFO's laptop has been compromised... again!"), which results in the desire of trying something "new", meaning "leave for another company." Another common complaint is that the work is very compartmentalized, and...
Accounting software giant Wolters Kluwer is continuing to attempt to recover from a malware attack that has disrupted access to its cloud-based tax and accountancy software, which the company says is used by most major U.S. accounting firms and global banks. Some users say they've been left unable to do their jobs.
This report is based on a Forbes Insights and IBM survey of 353 executives across the globe, which reveals a significant disconnect between how executives view resilience and responsibility when it comes to the gray areas of their expanding technology ecosystems.
Download the report and learn why:
Only 42% of...