The city of Baltimore's ransomware outbreak - $18 million in costs and counting - led to many crypto-locked files being lost forever, because no IT policy mandated centralized file backups. But effective IT solutions exist to help solve this challenge, provided they're deployed in advance of an attack.
More proof that when it comes to crime, there's nothing new under the sun: Federal prosecutors have charged two men with attempting to extort cryptocurrency worth more than $12 million from a startup firm planning to undertake an initial coin offering, in part via physical intimidation.
Two Kazakhstan nationals have pleaded guilty to charges stemming from their role in helping to run a $29 million online advertising fraud scheme that the FBI worked with several security firms to shut down in 2018.
Food delivery startup DoorDash says 4.9 million customer, contractor and merchant records were breached after "unusual activity" by a third-party service provider. Even aside from the usual identification data, experts say certain data - such as food allergies - could pose risks in the wrong hands.
The latest edition of the ISMG Security Report features an analysis of Donald Trump's comments about "the server" in a discussion with the president of Ukraine. Also: insights on "privacy by design" and highlights of ISMG's Cybersecurity Summit in Toronto.
A threat group has been targeting U.S. veterans through a spoofed website promising help for those looking for jobs, according to research from Cisco Talos. Instead of providing job links, however, the phony website installs malware and spyware on a victim's device.
The Russia-based cyberespionage group Fancy Bear, which has led high-profile cyberattacks against governments and embassies over the last several years, has launched a phishing campaign that includes a redesigned backdoor, according to research from security firm ESET.
Why did U.S. President Donald Trump discuss cybersecurity firm CrowdStrike with the president of Ukraine, saying "the server, they say Ukraine has it"? Experts say Trump appears to be referring to one or more conspiracy theories, none of which have a basis in reality.
APT groups that are backed by the Russian government rarely share code with each other, fostering a competitive landscape, according to a new report. This shows that Russia is willing to push the limits of its sophisticated cyber capabilities, researchers conclude.
Did the gang behind GandCrab fake its retirement? Security experts say there's mounting evidence that the operators of the notorious ransomware-as-a-service operation only announced their retirement after ramping up the rival Sodinokibi/REvil service.
A newly discovered remote access Trojan called Dtrack has been targeting banks in India for well over a year, Kaspersky researchers say. The malware, which can steal data from ATMs and doubles as a cyberespionage tool, appears to be linked to North Korea's Lazarus Group.
A week after the Emotet botnet crept back to life, the attackers behind it are already trying a new way to ensnare victims - using Edward Snowden's newly released memoir as a phishing lure, according to the security firm Malwarebytes.
Russian national Andrei Tyurin pleaded guilty to perpetrating massive hack attacks against leading U.S. financial services firms and others from 2012 to mid-2015. Victims included JPMorgan Chase, from which he stole details of 83 million customer accounts.
Facebook says it has suspended tens of thousands of apps as part of its ongoing investigation into data misuse that grew out of the Cambridge Analytica scandal. The company won't disclose the affected apps, but an unsealed court filing says it has suspended 69,000.