The outages of the notorious REvil - aka Sodinokibi - ransomware operation have been due to a coordinated law enforcement effort involving the U.S. and foreign partners, aimed at disrupting the group's attack capabilities, Reuters reports.
How many ways do U.S. businesses need to be told to lock down their systems to safeguard themselves from ransomware? That's the focus of a new, joint cybersecurity advisory from the U.S. government pertaining to BlackMatter, following an advisory issued last month about Conti.
Police in Ukraine have arrested two members of a ransomware operation they say has targeted businesses in North American and Europe, leading to victim losses totaling at least $150 million. The operation also involved French cyber police, the FBI and Interpol, backed by Europol's European Cybercrime Center.
The pandemic and the rise in cyberattacks has put CISOs in a new spot, says Amit Dhawan, CISO and DPO at Birlasoft. He discusses why it's critical for them to understand business risks.
As the risks to IT and OT converge, organizations must use "zero trust" to verify user identities and build effective monitoring capabilities to track the behavior of privileged users, say Kartik Shahani of Tenable and Rohan Vaidya of CyberArk.
According to a panel of experts, protecting the Active Directory, a rich target for increasing ransomware attacks, will require organizations to audit privileged accounts and endpoints with continuous monitoring and an identity governance approach.
An Australian software engineer warns that he was able to create a fake digital COVID-19 vaccine certificate via the government's Express Medicare Plus app, and that the agency in charge has so far failed to acknowledge his bug report. He recommends Australia instead copy the EU's QR code system.
Implementing a "zero trust" framework for the healthcare sector requires gaining board support for implementing the right access management controls, according to a panel of experts.
The U.S. Securities and Exchange Commission sanctioned eight financial firms for alleged failures related to cybersecurity policies and procedures, each stemming from email account takeovers and related incident response, the regulator announced this week.
Because a relatively small number of individuals provide the vast majority of services and infrastructure that power cybercrime, they remain top targets for arrest - or at least disruption - by law enforcement authorities, says cybercrime expert Alan Woodward. But of course, geopolitics sometimes gets in the way.
Phishing, ransomware and unauthorized access remain the leading causes of personal data breaches as well as violations of data protection rules, Britain's privacy watchdog reports. The U.K. government has also been caught out by breaches and leaks involving military secrets and CCTV footage from a government building.
To help balance security and user convenience, organizations should offer centralized user access to applications, says Krishnamurthy Rajesh, head of IT and information security at ICRA, an India-based credit rating agency.
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
The U.S. and Singapore have announced three agreements to expand their collaborative efforts - including shoring up information sharing, research and training - to address global cybersecurity issues.
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