A 24-year-old man living in England has been sentenced to more than six years in prison for his role in a ransomware scheme that targeted millions of computers across 20 countries, the U.K.'s National Crime Agency announced Tuesday.
The latest edition of the ISMG Security Report offers an in-depth look at the ever-changing ransomware threat. Other topics: filling the DevSecOps skills gap and the repercussions of Australia's encryption-busting law.
Arrests made last week by European, U.S. and other law enforcement agencies appear to have led to the closure of the "Dream Market" dark web site, which, in turn, disrupted certain ransomware attacks, according to an analysis by incident response firm Coveware.
The ISMG Security Report features Chris Painter, commissioner of the Global Commission on the Stability of Cyberspace, discussing cybersecurity policy for the 2020 U.S. elections. Plus, an update on the cost of the Norsk Hydro ransomware attack and the challenges of controlling real-time payments fraud.
Beazley Breach Response Services, a unit of global insurance company Beazley, reports that nearly half of the more than 3,300 breaches it investigated last year traced to a hack attack or malware infection. And half of those hacking/malware attacks were tied to business email compromise schemes.
A pair of U.S. chemical manufacturing companies have reportedly been struck by the LockerGoga ransomware over the past month and continue to recover from the same cyberattack that took down part of Aluminum giant Norsk Hydro last week.
Emotet pushes Ryuk, GandCrab taps NTCrypt, and BokBot borrows from Trickbot. With millions to be potentially stolen from victims, is it any wonder that malware-wielding gangs continue to get a little help from their cybercrime friends?
Attackers have hit North Carolina's Orange County with ransomware for the third time in six years. Government officials say IT teams have been working overtime to restore systems, and that no data has been lost.
Aluminum giant Norsk Hydro has been hit by LockerGoga ransomware, which was apparently distributed to endpoints by hackers using the company's own Active Directory services against it. To help safeguard others, security experts have called on Hydro to release precise details of how it was hit.
Norsk Hydro, one of the world's largest aluminum producers, has been hit by a crypto-locking ransomware attack that began at one of its U.S. plants and has disrupted some global operations. A Norwegian cybersecurity official said the ransomware strain may be LockerGoga.
Criminals wielding a new strain of ransomware called Cr1ptT0r are targeting network-attached storage users. The campaign was first discovered in February after owners of D-Link network storage enclosures reported that their devices were being crypto-locked.
Officials in Jackson County, Georgia, along with the FBI are investigating a ransomware attack that crippled IT systems over a two-week period and reportedly led local officials to pay a bitcoin ransom worth $400,000 to restore systems and infrastructure.
Australia has faced a few tough weeks on the cybersecurity front. Toyota Australia's computer systems were still down Friday after an attempted cyberattack. A healthcare group acknowledged it was the victim of a ransomware attack. And last week, suspected nation-state attackers hit Parliament's email systems.