The FBI warns that the "Cuba" ransomware-wielding attackers have extorted $43.9 million in ransom payments from victims after compromising at least 49 organizations across five critical infrastructure sectors - financial services, government, healthcare, manufacturing and IT - since early November.
The U.S. Transportation Security Administration has issued new security directives for higher-risk freight railroads, passenger rail, and rail transit that it says will strengthen cybersecurity across the transportation sector in response to growing threats to critical infrastructure.
The latest edition of the ISMG Security Report features an analysis of best practices for negotiating a ransom payment. Also featured: Busting Zero Trust myths and the dangers of mythologizing defenders.
The Southeast Asian region will see a spike in multifaceted extortion with more public breaches, along with an increase in ransomware-as-a-service operations in 2022, says Singapore-based Yihao Lim, principal intelligence adviser at Mandiant Threat Intelligence.
A risk-based approach to secure against digital fraud requires putting in the correct security controls in proportion to the organizational risk, which is determined by understanding the customer's subconscious habits, says Australia-based Tim Dalgleish, senior director, a global advisory, at BioCatch.
Several cybersecurity officials charged with safeguarding U.S. critical infrastructure on Thursday outlined both current progress and the complexity of today's network defense. Oversight officials also testifying before the House discussed top-line items that remain outstanding among major agencies.
Following the holiday recess, U.S. lawmakers are picking up several legislative priorities starting Monday, including progress on the annual defense spending bill, which contains amendments that would require incident reporting for critical infrastructure providers, among other measures.
The annual IRISSCOM cybercrime conference in Dublin aims to give attendees "an overview of the current cyberthreats facing businesses in Ireland and throughout the world" and how to best defend themselves, organizers say. Here are visual highlights from the conference's latest edition.
In this episode of "Cybersecurity Unplugged," Dan Bowden, CISO at Sentara Health, discusses telemedicine, IoMT, and explains why we’re lagging so far behind in healthcare security. "It’s because of how the data is managed, data standards, data integrity."
The U.S. government warns all businesses that they're at elevated risk of online attacks during Thanksgiving, given attackers' proclivity to strike on weekends and holidays. The alert is a reminder of the importance of having in place well-practiced incident response plans. Here's where to start.
A new report by Huawei Technologies USA and Reuters calls for greater international collaboration around transparency and cyber accountability. "Just having requirements isn't good enough. There needs to be an ability to tell whether or not the requirements are being met," says CSO Andy Purdy.
U.S. federal banking regulators have approved a new rule that will require banks to notify regulators no later than 36 hours after the organization determines it has suffered a qualifying "computer-security incident," the nation's top financial agencies announced this week.
A comprehensive IAM program requires integration with HR and legacy systems to enable multifactor authentication, SaaS, and Identity-as-a-Service to provide secure user access and a secure user experience, says Hong Kong-based Varun Kakkar, group head of cybersecurity at Tricor Group.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the status of the recommendations of the Cyberspace Solarium Commission today and what still needs to be enacted by the current Congress, addressing the increasing challenge of cyberattacks...
We know they are coming, and yet we are still ill-prepared. Cybereason surveyed 1,200 global cybersecurity professionals on ransomware. And while most are concerned about attacks, nearly one-quarter have no contingencies for weekends and holidays - the favored strike time. Sam Curry explains why.