FireEye CEO Kevin Mandia has blamed his company's lower-than-expected quarterly revenue on the rise of ransomware and cyber extortion attacks and a decline in APT campaigns. Experts debunk those assertions.
Ransomware and extortion are among the threats that have successfully transitioned from an original B2C business model to targeting enterprises. Trend Mirco's Myla Pilao shares insight on this and other attack trends in Asia.
Obviously, ransomware attackers have no scruples. But the latest attacks go to even further extremes, channeling everything from Hitler to cats, as attackers hone their attempts to shake down Windows and Android users alike.
Unlike other malware, ransomware practically screams and shouts at victims, and that distinct behavior holds promise for helping to better detect and block ransomware infections, according to Northeastern University security researchers.
This edition of the ISMG Security Report features Global Cyber Alliance CEO Phil Reitinger previewing his keynote address at ISMG's New York Fraud and Breach Prevention Summit. He explains why he believes today's approach to cyber risk management is stuck in the "Bronze Age."
The Democratic Party platform calls for balancing privacy and security concerns, and vice presidential nominee Tim Kaine endorses the formation of a commission to advise Congress on developing digital security and encryption laws.
Ransomware gangs are employing "customer service" agents to field victims' queries in an attempt to maximize their illicit profits, according to security firm F-Secure, which describes the encounters of someone posing as a victim.
The new "No More Ransom" portal is designed to emphasize that police and security firms are doing whatever they can to disrupt ransomware gangs, as well as to help more victims get their data back for free, says Intel Security's Raj Samani.
SentinelOne is taking a marketing gamble by offering to reimburse customers who suffer a ransomware infection if the security firm can't remediate affected systems. But let's take a close look at what's actually on offer.
Security firm ThreatConnect says Guccifer 2.0, who claims to be the lone hacker of the Democratic National Committee, may have close ties to Russia. But after reviewing related technical evidence, not all security experts agree.
The Petya ransomware gang says it released 3,500 crypto keys that it stole - along with source code - from rival Chimera ransomware developers. If the keys are legitimate, security firms say they can build decryption tools for Chimera victims.
Leading the latest ISMG Security Report, some security experts expect the United States government to retaliate against Moscow for interfering in the American presidential election if the Obama administration determines the Russian government was behind the hack of Democratic Party computers.
A new portal - NoMoreRansom.org - aims to help ransomware victims avoid having to pay ransoms to get their data back. Backed by Dutch and EU law enforcement agencies, plus security firms Kaspersky Lab and Intel Security, the site includes the first decryptor for Shade ransomware.
MacKeeper failed to alert customers earlier this year that for at least four weeks, its anti-virus software wasn't receiving regular signature updates. Industry experts say any such delay is unacceptable for an AV vendor.