Bad news on the ransomware front: Victims that choose to pay attackers' ransom demands - in return for the promise of a decryption tool - last quarter paid an average of $84,116, according to Coveware. But gangs wielding Ryuk and Sodinokibi - aka REvil - often demanded much more.
A spear-phishing campaign targeted a U.S. government agency for several months last year using emails with content about North Korea geopolitics as a lure, according to an analysis from Palo Alto Networks' Unit 42.
Dave DeWalt, former CEO of FireEye and McAfee, has been appointed vice chair of the board of Onapsis, a vendor focused on securing business-critical applications. In this exclusive interview, DeWalt opens up on application vulnerabilities, the evolution of the nation-state threat and technologies to watch in 2020.
Aleksey Burkov, who was extradited from Israel to the U.S. in November, plead guilty this week to several federal charges related to his site "Cardplanet," which trafficked in stolen payment card data.
Hackers who may have ties to Iran have recently turned their attention to the European energy sector, using open source tools to target one firm's network as part of an cyberespionage operation, according to the security firm Recorded Future.
Emotet malware alert: The U.S. Cybersecurity and Infrastructure Security Agency says it's been "tracking a spike" in targeted Emotet malware attacks. It urges all organizations to immediately put in place defenses to not just avoid infection, but also detect lateral movement in their networks by hackers.
The mobile phone of Amazon CEO Jeff Bezos was hacked via a malicious file sent directly from the official WhatsApp account of Saudi Arabia's Crown Prince Mohammed Bin Salman, investigators have concluded. While the Saudis deny involvement, the United Nations has called for an immediate investigation.
FTCODE, a ransomware strain that has been active since at least 2013, has recently been revamped to include new features, including the ability to steal credentials and passwords from web browsers and email clients, according to two research reports released this week.
Since the EU's General Data Protection Regulation went into full effect in May 2018, European data protection authorities have received more than 160,900 data breach reports and imposed $126 million in fines under GDPR for a wide variety of infringements, not all involving data breaches.
Mitsubishi Electric says hackers exploited a zero-day vulnerability in its anti-virus software, prior to the vendor patching the flaw, and potentially stole trade secrets and employee data. The Japanese multinational firm announced the breach more than six months after detecting it in June 2019.
Cybercriminals are using increasingly sophisticated methods to turn illicitly gained cryptocurrency into cash, which raises new concerns about enforcing anti-money laundering laws, according to a report by Chainalysis.
As if ransomware wasn't already bad enough, more gangs are now exfiltrating data from victims before leaving systems crypto-locked. Seeking greater leverage against non-paying victims, Maze and Sodinokibi attackers are not just threatening to leak stolen data; they're also following through.
Five years ago, cybersecurity executive Dave Merkel called upon enterprises to shed their "peacetime" mindsets and adopt a "wartime" stance against persistent cybercriminals and nation-state actors. How have they risen to that challenge?