Ransomware attacks continue to pummel organizations, but fewer victims have been paying a ransom, and when they do, on average they're paying less than before, says ransomware incident response firm Coveware, which traces the decline to attackers failing to honor their data deletion promises.
The number of data breaches being reported in the U.S. and elsewhere each year continues to decline. But security experts say this unfortunately can be explained by criminals increasingly focusing on lucrative ransomware and business email compromise scams, which require scant data to be successful.
Wireless carrier UScellular is investigating an incident involving hackers tricking employees into downloading malicious software that compromised a customer relationship management platform, exposing personal data.
New Zealand’s financial regulator has issued a searing report about IT security failures at NZX, the country’s stock exchange, that contributed to a disruptive DDoS attack. The regulator says NZX had inadequate IT security and failed to prepare for DDoS attacks.
The operators of the Nefilim ransomware used the credentials of a deceased system administrator to plant their crypto-locking malware in about 100 vulnerable systems during one attack, according to Sophos. These types of "ghost" accounts are an increasing issue for security teams.
With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels. They're also calling for a review of cyber insurance payouts being used to fund ransoms.
North Korean hackers have been "targeting security researchers working on vulnerability research and development at different companies and organizations" to trick them into installing backdoored software that gives attackers remote access to their systems, warns Google's Threat Analysis Group.
The Austrian construction equipment manufacturing firm Palfinger AG reports being hit with a cyberattack that has knocked the majority of its worldwide IT infrastructure offline, eliminating its ability to use email and conduct business.
Security vendor SonicWall is investigating what the company calls a "coordinated attack" against its internal network by threat actors using a zero-day exploit within the company's remote access products. SonicWall is urging customers to apply temporary fixes to secure VPNs and gateways.
The new Biden administration has pledged to hold Russia accountable for its recent "reckless and adversarial" actions and has ordered a full-scale intelligence review of the SolarWinds hack. The moves signal the importance of cybersecurity to President Biden's national security agenda.
Privacy watchdogs in Europe have imposed fines totaling more than $330 million since the EU's General Data Protection Regulation went into full effect in May 2018, according to law firm DLA Piper. Over the past year, regulators received 121,000 data breach notifications, up 19% from the year before.
OpenWRT, an open-source project that develops operating systems, firmware and other software for connected and embedded devices, is investigating a data breach after a hacker gained access to an administrator account and apparently was able to access usernames and email addresses for community members.
Police have arrested Riley June Williams of Pennsylvania, who a tipster alleges stole a laptop or hard drive belonging to House Speaker Nancy Pelosi. But is the tipsters claim that she had planned to pass the device to a friend in Russia credible?
The governor of New Zealand's Reserve Bank says he "personally owns" responsibility for a data breach that exposed private and sensitive stakeholder information. The breach came after a serious vulnerability was disclosed in December in Accellion's File Transfer Appliance, which the bank uses.
The Scottish Environment Protection Agency says a ransomware attack last month continues to cause serious outages and warns that ransom-demanding attackers also stole some data. The Conti ransomware-as-a-service operation has claimed credit for the attack and begun to leak the stolen data.
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