A greater level of cooperation is needed between the DOD and DHS to ensure that U.S. critical infrastructure is protected against various cyberthreats, according to an inspector general's report. The SolarWinds attack showed the need for more coordination between the two departments.
This edition of the ISMG Security Report features an analysis of comments from the former head of Britain's GCHQ intelligence agency, Robert Hannigan, on the changing nature of ransomware attacks. Also featured: Disrupting the ransomware-as-a-service business model; supply chain security management tips.
The world is now focused on ransomware, perhaps more so than any previous cybersecurity threat in history. But if the viability of ransomware as a criminal business model should decline, expect those attackers to quickly embrace something else, such as illicitly mining for cryptocurrency.
Ransomware-wielding criminals continue to find innovative new ways to extort victims, develop technically and sidestep skills shortages by delivering ransomware as a service, said Robert Hannigan, the former head of U.K. intelligence agency GCHQ, in his Infosecurity Europe 2021 virtual keynote speech.
Attackers have been exploiting a zero-day flaw in SolarWinds' Serv-U Managed File Transfer Server and Serv-U Secured FTP software, the security software vendor warns. The company has released patched versions that mitigate the flaw, discovered by Microsoft, and is urging users to update.
As the Biden administration attempts to force Russia to crack down on its domestic cybercriminals, one challenge will be the sheer diversity of attack code being wielded and individuals involved. Another is that any proactive moves Moscow makes would likely require many months to take effect.
Interpol has announced that it will boost the role of country-specific National Central Bureaus to fight ransomware and other cybercrimes. The announcement from the agency comes in the wake of rising ransomware threats to supply chains and critical infrastructure across the world.
This edition of the ISMG Security Report features three segments on battling ransomware. It includes insights on the Biden administration's efforts to curtail ransomware attacks, comments on risk mitigation from the acting director of CISA, plus suggestions for disrupting the ransomware business model.
As ransomware attacks become more prolific, their success is being driven by the increasing use of specialists who can refine every stage of an attack. It's a reminder that the goal of cybercrime remains to maximize illicit profits as easily and quickly as possible.
The Biden administration has a message for Russia: Rein in the criminal hackers operating from inside your borders who hit Western targets, or we'll do it for you. But experts say disrupting ransomware will take more than diplomacy or even using offensive cyber operations to target criminal infrastructure.
It was stealthy, and it was widespread. But perhaps the Kaseya VSA ransomware attack wasn't quite as effective and damaging as initially feared, says Michael Daniel, president and CEO of the Cyber Threat Alliance. He explains where defenses succeeded.
The Kaseya VSA ransomware attack was discussed exhaustively over the Fourth of July holiday weekend. But there's one big question that hasn’t been answered, says Tom Kellermann, head of cybersecurity strategy at VMware Carbon Black: "Who gave REvil the zero-day?"
U.S. President Joe Biden has ordered federal intelligence agencies to investigate the incident involving IT management software vendor Kaseya. Attackers reportedly compromised Kaseya's remote monitoring system, VSA, potentially affecting scores of managed service providers and their clients.
Since Friday afternoon, Mark Loman of Sophos has been immersed in studying the scope and impact of the ransomware attack spread through Kaseya VSA's remote management platform. And he's learned enough about it to say without reservation: This the largest ransomware attack he's seen.
REvil, aka Sodinokibi, is one of today's most notorious - and profitable - ransomware operations, driven by highly skilled affiliates who share profits with the operators. And the operators are constantly improving the malware, including porting it to Linux to target network-attached storage and hypervisors.