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.
Good news on the cybercrime front: "Cryptocurrency-related crime fell significantly in 2020," compared to 2019, reports blockchain analysis firm Chainalysis. Unfortunately, in the same timeframe, ransomware profits surged 311%, stoking calls for a crackdown on ransom payments.
Threat actors behind a distributed denial-of-service campaign targeted the same set of victims again after the organizations refused to pay the initial ransom demand, a new report by security firm Radware finds.
Ransomware dominated the cybercrime landscape in 2020 and looks set to do so again this year, as criminals seek fresh new ways to make victims pay. Experts predict gangs will double down on whatever works, which lately includes data exfiltration.
What really makes a "strong" password? And why are your end-users tortured with them in the first place? How do hackers crack your passwords with ease? And what can/should you do about your authentication methods?
For decades, end-users have borne the brunt of the password tyranny, a result of the IT industries'...
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.
Conti ransomware, which emerged eight months ago, poses a severe threat, according to Cybereason's Nocturnus Team, which offers an in-depth analysis of how the malware works.
The FBI has issued a warning about the growing threat from the operators behind the Egregor ransomware variant and other cybercriminal gangs affiliated with the group. Since September, the crypto-locking malware has been associated with nearly 100 attacks worldwide.
You’ve seen the destructive ransomware attacks of 2020, and there is no reason to expect a letup in 2021. Joe Levy, CTO of Sophos, discusses adding automation to human-led threat-hunting to create a more rapid response to ransomware strikes.
In this eBook interview transcript with Information Security Media...
This report details seven case studies of attacks that were intercepted and neutralized by cyber defense AI, including insider threat, ransomware, and IoT attacks.
While all threat scenarios were distinct, some fast-moving and others slow and stealthy, in all cases the subtle indicators of suspicious activity were...
To protect today's dynamic workforce, security teams must be equipped to discern when and how a trusted account has been leveraged for nefarious purposes. This requires more than just an understanding of 'good' vs 'bad' - it requires an 'immune system' approach to security that is not only adaptive, but also grounded...
The major appliances giant Whirlpool acknowledges it was hit with a ransomware attack in November, with the cyber gang Nefilim taking responsibility for the cyber incident and claiming to have stolen company data.
Ransomware gangs entered 2020 with a full and dangerous set of weapons at their disposal and then rolled out additional tools such as extortion and new distribution methods, a trend that is expected to continue into 2021.
The U.S. Treasury's Financial Crimes Enforcement Network is alerting financial institutions about the potential for fraud, ransomware attacks or similar types of criminal activity related to COVID-19 vaccine research and distribution organizations.
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