Amazon reports that it's been fined 746 million euros ($885 million) under the European Union's General Data Protection Regulation for violating privacy rights in its advertising program. The company says it plans to appeal.
The ransomware landscape changes constantly as groups disappear, change approaches or rebrand. The DoppelPaymer operation, for example, appears to have reinvented itself as Grief, while the administrator of Babuk has launched a ransomware-friendly cybercrime forum called RAMP.
In the latest weekly update, three editors at Information Security Media Group discuss important cybersecurity issues, including the latest ransomware trends, plus an update on NIST's "zero trust" initiative.
Nearly three weeks ago, Iran's state railway company was hit with a cyberattack that was disruptive and - somewhat unusually - also playful. Security firm SentinelOne says analyzing the wiper malware involved offers tantalizing clues about the attackers' skills, but no clear attribution.
The latest edition of the ISMG Security Report features an analysis of the disappearance of ransomware-as-a-service groups, such as REvil and Darkside, and how that impacts the wider cybercrime ecosystem. Also featured: ransomware recovery tips; regulating cyber surveillance tools.
Macroeconomist Katheryn "Kadee" Russ analyzes how the deployment of 5G networks and technologies will lead to a change in the growth of the digital economy and digital trade.
A new card stealer malware campaign that loads JavaScript malware from blocked domain lists to evade detection is targeting e-commerce sites that run Adobe's Magento, software security firm Sucuri reports.
Ransomware operations continue to thrive thanks to a vibrant cybercrime-as-a-service ecosystem designed to support all manner of online attacks. Given that attackers first need remote access to victims' systems, robust patch management and remote desktop protocol security remain obvious must-have defenses.
Cyber insurance provider Coalition Inc. says its clients' average claims for losses when they were hit by a ransomware attack totaled $184,000 in the first half of this year, down 45% compared to the second half of 2020. Negotiating lower ransoms and more efficient recovery were key factors.
The Israeli government paid a visit on Wednesday to NSO Group, the company whose spyware is alleged to have been covertly installed on the mobile devices of journalists and activists. The visit comes as Israel faces growing pressure to see if NSO Group's spyware, called Pegasus, has been misused.
Collaboration and information sharing among stakeholders - and influencing them to take a proactive approach to cybersecurity - are critical steps in fighting against cyberthreats, says Narendra Mainali, CISO of NIC Asia Bank of Nepal.
A new ransomware group called BlackMatter has debuted, claiming to offer the best features of REvil and DarkSide - both apparently defunct - as well as LockBit. A new attack using REvil's code has also been spotted, but a security expert says it's likely the work of a former affiliate.
To recruit and retain cybersecurity specialists, organizations must "stop expecting people just to be sort of 'focused monkeys' and doing one particular task and turning the handle," says Keith Martin, professor of information security at Royal Holloway University in the U.K.
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