The latest edition of the ISMG Security Report analyzes the ransomware attack on Texas municipalities as part of a broader trend. Also featured: An initiative designed to safeguard the 2020 presidential elections and a CIO's third-party risk management efforts.
Ransomware-wielding attackers continue to target not just big businesses and large government agencies, but increasingly their smaller counterparts too. In Texas, officials say a campaign tied to a "single threat actor" infected 22 local government agencies on Friday.
State officials in Texas say that at least 23 local government entities have fallen victim to a coordinated ransomware attack unleashed on Friday morning. Security experts say attackers continue to pummel local governments, and illicit profits have been rising.
The news that serial entrepreneur Elon Musk and scientists have unveiled Neuralink - a neuroscience startup that's been in stealth mode for two years and aims to create a new computer/brain interface - might make you ask: What took him so long? Before signing up, just make sure it's immune to ransomware.
A new strain of ransomware called MegaCortex is beginning to fill part of the void left by GandCrab and other variants that have been discontinued, targeting large corporations with huge ransom demands, according to a new analysis released Monday by Accenture's iDefense.
Protecting your enterprise from breaches and account takeovers has never been a bigger challenge. New tools make it possible for even unsophisticated actors to perform advanced, widespread attacks that put your organization at risk. According to the 2019 Verizon Breach Report, stolen credentials are the leading attack...
A newly discovered mobile ransomware strain called Filecoder.C is targeting Android devices through malicious links in online forums and then spreading via contact lists through SMS messages that attempt to entice others to install an app, according to research by the security firm ESET.
JPMorgan Chase researchers have published a new paper describing their efforts at developing a novel "early warning" system based on artificial intelligence algorithms that can detect malware, Trojans and other advanced persistent threats before the phishing campaign that targets the bank's employees even starts.
Three years since its launch, the No More Ransom portal has assisted 200,000 ransomware victims and stopped $108 million from being paid in ransom, according to Europol - one of its founding partners.
Marcus Hutchins, who rose to fame by helping to stop the WannaCry ransomware attacks, was spared jail time on Friday after pleading guilty earlier this year to creating the Kronos banking malware.
City Power, the local electrical utility that powers Johannesburg in South Africa, is recovering Friday after an unknown ransomware variant that locked-up the company's applications, network and databases for most of the day on Thursday. The attack knocked out power and services for some residents for most of the day,...
Louisiana's governor issued an emergency declaration on Wednesday in response to a rash of malware infections, hitting some of the state's public schools. The move will allow the state to marshal more resources to deal with the incidents.
The latest edition of the ISMG Security Report describes the accidental discovery of a Tesla software vulnerability. Also featured: an analysis of the latest ransomware trends and insights from former federal advisers Richard Clarke and Robert Knake on cyber resilience.
With the GandCrab ransomware-as-service gang promising to retire - and free decryptors now aiding victims - rival Sodinokibi has already stepped into the void, security experts warn. Driven also by attackers wielding Ryuk, Dharma and Phobos, ransom payments by victims have been surging.
The scary fact is that human error is a contributing factor in more than 90% of breaches. With so many technical controls in place hackers are still getting through to your end users, making them your last line of defense. How are they so easily manipulated into giving the bad guys what they want? Well, hackers are...
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