Ransomware gang Black Basta, which came to prominence in April, has claimed responsibility on its leak site for a ransomware attack on AGCO. An AGCO spokesperson confirmed to ISMG that employee data was exfiltrated during an attack but did not comment on Black Basta's claims of responsibility.
Ransomware has grown 13% year on year in 2022, a jump greater than the past five years combined, a Verizon Business 2022 Data Breach Investigations Report published on Tuesday shows. It says financial gain continues to be the primary motive for attacks, followed by espionage.
The interconnectedness and interdependence of today’s world has led to incredible growth, innovation and benefits across the technology sector. But when considering cybercrime and cyberattacks, that interconnectedness and interdependence could lead to more disruption, destruction and broad-reaching collateral...
Microsoft has observed a 254% increase in activity over the past six months from a Linux Trojan called XorDdos. First discovered in 2014, XorDdos was named after its denial-of-service-related activities on Linux endpoints and servers and its usage of XOR-based encryption for its communications.
In the latest update, four ISMG editors discuss the alarming, bizarre case of a cardiologist in Venezuela charged with developing malware and recruiting affiliates, recent ransomware and data leak incidents in healthcare and how the economy is causing mature cybersecurity startups to slow hiring.
When Colonial Pipeline suffered an outage in May 2021 as a result of an attack by the DarkSide crime syndicate, numerous governments changed their approach to ransomware and began treating it as a national security threat, says Rapid7's Jen Ellis. She details what needs to happen next.
The Russian-language criminal syndicate behind the notorious Conti ransomware has retired that brand name, after having already launched multiple spinoffs to make future operations more difficult to track or disrupt, threat intelligence firm Advanced Intelligence reports.
Alberto Hasson, the CISO at ICL Group, discusses how to avoid becoming the next victim of a ransomware or other malware attack. He outlines what defenders can do to close gaps in their defense strategies and how they can mitigate attackers' ever-evolving tactics.
Poor security configurations, weak controls and gaps in authentication protocols are among the common initial access vectors "routinely exploited" by threat actors, the Five Eyes cybersecurity alliance says. Firms offering cybersecurity services weigh in on the gaps and implementation challenges.
Criminals are doubling down on their use of information-stealing malware, such as Cryptobot, RedLine Stealer and QuilClipper, to steal private keys and siphon off cryptocurrency being stored in internet-connected hot wallets or to raid cryptocurrency holders' online exchange accounts.
The U.S. Cybersecurity and Infrastructure Security Agency has announced that it is temporarily removing a Windows protection defect from its Known Exploited Vulnerability Catalog because of a risk of authentication failures after the recent Microsoft patch update.
Ransomware group Conti, which has been holding to ransom crypto-locked Costa Rican government systems since April, has claimed on its leak site Conti News that it has "insiders" in the country's government, and that they are working toward the compromise of "other systems."
U.S. authorities have charged a cardiologist based in Venezuela with developing and selling multiple strains of ransomware, including Jigsaw and Thanos, as well as recruiting affiliates to use the crypto-locking malware against victims in return for a cut of any ransoms paid.
In the latest "Proof of Concept," Lisa Sotto, Jeremy Grant and ISMG editors discuss the significance of Apple, Google and Microsoft supporting the FIDO protocol's passwordless sign-in standard, progress made on Biden's cybersecurity executive order and updates on U.S. cybersecurity and privacy laws.
Italian police reportedly thwarted attempts to disrupt online voting for the music competition Eurovision, allegedly perpetrated by a hacking group called Killnet in retaliation for Russia not being allowed to compete at this year's festival, due to its invasion of Ukraine.
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