A criminal hack attack has disrupted healthcare in Canada's easternmost province and resulted in the theft of patient information and personal details for healthcare employees. The province of Newfoundland and Labrador disclosed the apparent ransomware attack on Oct. 30, and has yet to restore all systems.
Before cybercriminals shifted heavily into ransomware, there was banking malware: sophisticated programs designed collect login credentials and intervene in transactions. A campaign using the Dridex banking Trojan has appeared in Mexico, says Metabase Q, a security company.
The U.S. Department of the Treasury has blacklisted cryptocurrency exchange Chatex, along with a network of entities the department says support it, for allegedly facilitating ransomware-related financial transactions. This action effectively bars Americans from doing business with the company.
A new initial access broker, Zebra2104, has been providing entry points to ransomware groups such as MountLocker and Phobos, as well as espionage-related advanced persistent threat group StrongPity, according to a new report. This process saves other threat actors time, effort and expense.
The calculus facing cybercrime practitioners is simple: Can they stay out of jail long enough to enjoy their ill-gotten gains? A push by the U.S. government and allies aims to blunt the ongoing ransomware scourge. But will practitioners quit the cybercrime life?
As the universe of sophisticated cyber threats, such as ransomware, continues to grow in volume and effectiveness, organisations in every industry are moving from a threat prevention strategy to a cyber resilience model for holistic cyber security.
Organisations acknowledge that while blocking threats is still a...
There’s no question 2020 and 2021 have brought unanticipated changes and challenges for Financial Services and beyond. The notable surge in consumers’ use of websites and mobile apps for their banking transactions and service interactions exposed critical gaps in digital identity and authentication methods. These...
Congress has passed the $1.2 trillion physical infrastructure bill, which will inject $1.9 billion in new cybersecurity funding for the federal government. The bill, long held up in Congress, passed the House on Friday and moves to the desk of President Joe Biden, who plans to sign the measure into law.
The U.S. Department of Justice says one Ukrainian man has been arrested and a Russian man indicted for launching devastating REvil ransomware attacks against software company Kaseya and the state of Texas. Separately, Europol announced the arrest of a further five REvil affiliates since February.
As ransomware attacks continue to dominate headlines, Quentyn Taylor, a Canon director of information security, cautions organizations not to forget about "some of the other threats, like business email compromise," which continue to cripple organizations through financial and reputational damage.
Threat actors have breached critical systems internationally by exploiting a recently patched vulnerability in Zoho’s ManageEngine product ADSelfService Plus, with a suspected Chinese threat group leveraging leased infrastructure to scan hundreds of vulnerable organizations.
Following the arrest of suspected Clop ransomware operation members in Ukraine, Red Notices issued by Interpol seek the arrest of six more members of the Russian-speaking crime group, as part of what law enforcement agencies have dubbed Operation Cyclone.
The U.S. deputy attorney general said this week that the nation is ramping up efforts to cripple ransomware operations and other cybercrime through arrests and seizures of ransom payments. The Biden administration has called ransomware a threat to national security and an economic threat.
ISMG editors discuss: U.S. Sen. Angus King on the need for the federal government to form a clear, declarative cyber deterrence strategy, how CISA is ramping up efforts to support critical infrastructure defenses and the potential implications of the U.S. blacklisting of Israeli spyware firms.
The U.S. State Department is offering rewards of up to $10 million for information that leads to the identification or location of members of the DarkSide ransomware gang and others who attack critical infrastructure. It follows the U.S. taking offensive cyber action against REvil, The Washington Post reports.
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