Election security improvements, the push for all software to ship with a "bill of materials" and the results of a long-running investigation into a lucrative digital advertising scam are among the latest cybersecurity topics to be featured for analysis by a panel of Information Security Media Group editors.
The White House has written to business leaders, urging them to prioritize having robust ransomware defenses in place. The move comes as the Biden administration pursues multiple strategies to combat ransomware and digital extortion, including ordering a new task force to coordinate all federal investigations.
The latest edition of the ISMG Security Report details the ongoing wave of ransomware attacks, including the disruption of JBS, the world's largest supplier of meat. Also featured are police busting criminals who formerly used the EncroChat communications network and the strategies for filling the cyber skills gap.
Japanese conglomerate Fujifilm has shut down part of its network after it was compromised in a suspected ransomware attack, the company said in an update on Wednesday. The attack is the latest in a series of ransomware incidents targeting multinational companies.
Three new ransomware groups - Prometheus, Grief and an unidentified group using Payload.bin - have separately threatened to release or have already put on sale stolen data from government and private entities.
Former customers of the now-defunct encrypted communications service EncroChat, which was infiltrated by police last year, continue to get busted, including members of a crime syndicate that operated "an industrial-scale cocaine laboratory" in the Netherlands, Europol says.
The world's largest meat supplier, JBS, says an "organized cybersecurity attack" has led it to shut down servers in North America and Australia. Experts say a prolonged outage could have a noticeable impact on the global supply of meat. The company has yet to disclose if the attack involved ransomware.
As more cities see their police departments targeted with ransomware attacks, some analysts are voicing concerns that the attacks, which could lead to inaccessible systems and potentially compromised evidence, could impede criminal prosecutions.
Russian national Aleksandr Zhukov has been convicted by a U.S. federal jury of four charges - including wire fraud and money laundering - as part of the so-called Methbot scheme, which prosecutors say led to $7 million in digital advertising fraud.
A newly uncovered ransomware variant dubbed 'Epsilon Red' is targeting organizations in the U.S. hospitality sector, with the threat actor successfully extorting $210,000 from one of its victims, a new report by security firm Sophos notes.
The latest edition of the ISMG Security Report features an analysis of the city of Tulsa's decision to refuse to pay a ransom following an attack. Also featured: Johnson & Johnson's CISO on shifting priorities; mitigating quantum computing risks.
The Hydra darknet marketplace, which initially focused on narcotics sales, now also offers stolen credit cards, SIM cards, VPN access and cryptocurrency laundering services, with annual sales exceeding $1 billion, according to a new research report, which explains the market's tactics.
The U.K.-based insurance firm One Call says it has successfully restored its systems in a new environment that is separate from the one that was impacted by a ransomware attack May 13, adding that a ransomware note which purported to be from DarkSide could not be verified as authentic.
The increasing number of cyberthreats, especially ransomware attacks, is leading some cyber insurers to raise premiums and limit some coverage in hard-hit sectors, such as healthcare and education, according to a report from the Government Accountability Office.
Microsoft is warning about a spam campaign that uses an updated variant of Java-based StrRAT malware that steals confidential data while disguising itself as a ransomware infection even though it does not actually encrypt data.