More ransomware-wielding gangs are not just crypto-locking victims' systems, but also stealing and threatening to leak data unless they get their demanded bitcoin ransom payoff. A growing number of security experts believe the strategy is leading more victims to pay.
Fraudsters have conned Norfund, a private equity investment firm based in Oslo, Norway, out of more than $10 million in what the company calls an "advanced data breach." But the incident bears the hallmarks of a business email compromise scam.
A sophisticated cyber-espionage campaign using spyware called Mandrake has been targeting Android users for at least four years, according to security firm Bitdefender. The malware has the ability steal a range of data, including SMS authentication messages from banks.
ARCHER, a British high-performance computing system for academic and theoretical research, has been offline since May 11, when a "security incident" forced the University of Edinburgh to take down the supercomputer. The security incident also affected supercomputers in other parts of Europe, university officials say.
The latest edition of the ISMG Security Report discusses securing RDP to prevent ransomware attacks. Also featured: A look at three likely scenarios for the COVID19 pandemic, and an analysis of why we're still using PINs for certain card payments.
A sophisticated hacking group associated with the North Korean government that's been tied to a number of high-profile attacks, including WannaCry, is using three new malware variants, according to the U.S. Department of Homeland Security's Cybersecurity and Infrastructure Security Agency.
Fraudsters are honing their phishing emails tied to the COVID-19 crisis, using fake messages about business continuity plans and new payment procedures to spread the LokiBot information stealer, Microsoft researchers report.
A recently discovered cyber-espionage toolkit called Ramsay is designed to infiltrate air-gapped networks to steal documents, take screenshots and compromise other devices, according to the security firm ESET.
Security experts and law enforcement officials have long argued that paying ransoms doesn't pay. For starters, it directly funds the cybercrime ecosystem and makes it attractive for criminals to keep launching ransomware attacks.
Magellan Health, a U.S. managed care company that focuses on specialty areas of healthcare, says it was hit by a ransomware attack that involved the exfiltration of data. Ransomware gangs are increasingly going beyond encrypting data, stealing information to put more pressure on victims to pay ransoms.
For many organizations, digital transformation arrived over a weekend in March. Now they look ahead and wonder "what next?" re: authentication, privacy and third-party risk. In a webinar preview, RSA CTO Zulfikar Ramzan shares his vision of cybersecurity in 2021.
Hacking groups linked to China's government are targeting research and healthcare facilities that are working on developing vaccines, testing procedures and treatments for COVID-19, the FBI and the U.S. Cybersecurity and Infrastructure Security Agency warn in an alert.
Australian shipping giant Toll Group has vowed to again not pay a ransom after suffering its second ransomware attack of the year. In the latest incident, however, the company warns that attackers also stole corporate data - and it may get leaked.
In a video interview, a panel of experts describes why implementing a "zero trust" architecture for the remote workforce during the COVID-19 pandemic requires redefining access control and security strategies.
The operators behind the Zeus Sphinx malware have added new features and functionality to the Trojan, and more cybercriminals have deployed it within phishing campaigns that use the COVID-19 crisis as a lure, according to IBM X-Force. The Trojan has become more efficient at stealing banking data.