Some of the highest-ranking cybersecurity officials in the U.S. government discussed the pervasive threat of ransomware on Tuesday, likening it to a clear issue of national security with the ability to inflict measurable damage on major world powers.
Hypervisors under fire: BlackMatter, HelloKitty and REvil are among the ransomware groups targeting instances of VMware's ESXi. In one case investigated by security firm Sophos, after first accessing a TeamViewer account, attackers left an organization's ESXi environment crypto-locked just three hours later.
Police in Ukraine have arrested two members of a ransomware operation they say has targeted businesses in North American and Europe, leading to victim losses totaling at least $150 million. The operation also involved French cyber police, the FBI and Interpol, backed by Europol's European Cybercrime Center.
As Cybersecurity Awareness Month kicks off this week, U.S. President Joe Biden has weighed in on his administration's efforts to curb cyberattacks and bolster the federal government's security posture.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including why enterprises need a multilayered approach to securing identity, how fraud will evolve in 2022 and the need to secure backdoors to prevent ransomware attacks.
The latest edition of the ISMG Security Report features an analysis of how a cryptocurrency exchange bug has revealed North Korean monero laundering. Also featured are cyber insurance trends and cybercrime innovation.
A bipartisan effort to implement cybersecurity incident reporting and the tracking of ransomware payments has been introduced by leaders of the Senate Homeland Security and Governmental Affairs Committee. While it differs from legislation introduced in July, lawmakers hope to reconcile the bills.
In a bid to address security risks associated with the use of virtual private network solutions, the National Security Agency and the Cybersecurity and Infrastructure Security Agency on Tuesday offered government leaders guidance on selecting remote access VPNs and strengthening their security.
The Russia-linked cyberespionage group Nobelium, which was responsible for the SolarWinds supply chain attack, has developed and deployed a new malware, dubbed FoggyWeb, according to a Microsoft Threat Intelligence Center security blog. Microsoft says FoggyWeb creates a backdoor to exfiltrate data.
The world is experiencing a cybercrime pandemic, which is a direct consequence of COVID-19, according to Amit Basu, CISO and CIO at International Seaways. He offers proactive prevention measures, based on his own experience, for how organizations can stay safe and secure.
The U.S. Department of Commerce is soliciting input on a Trump administration cybersecurity executive order that requires cloud providers to verify the identities of certain users - particularly cyber actors potentially operating abroad and leveraging U.S. cloud technologies.
For combating ransomware, doing the security basics is essential, including keeping systems updated and patched. Don't follow in the footsteps of one technology firm, which Sophos found got hit by Cring ransomware after attackers exploited ColdFusion software that hadn't been patched in 11 years.
Ransomware-wielding attackers love to lie to victims. But REvil - aka Sodinokibi - has reportedly been running double negotiations to make affiliates think a victim hasn't paid a ransom, using a backdoor in the malware that allows administrators to decrypt victims' systems, so affiliates don't get their cut.
During testimony before a U.S. Senate committee hearing Thursday, CISA Director Jen Easterly told lawmakers that a recent joint alert issued by her agency, the FBI and the Coast Guard Cyber Command stemmed from an attempted attack against the Port of Houston in August.
Four editors at Information Security Media Group discuss important cybersecurity issues, including the rise of quadruple extortion attacks employed by ransomware gangs, the FBI reportedly withholding the Kaseya ransomware decryption key for weeks, and raising security posture during a pandemic.