What are the ethics of paying ransom to cybercriminals who might be working as a proxy cyber force in support of Russia's invasion of Ukraine? Realistically, whether or not to pay often comes down to a business decision. But Russia's invasion further complicates the optics for ransomware victims.
Learn how advanced analytics and machine learning help financial organizations proactively detect and prevent fraudulent payments.
As new payment types proliferate globally, payment and identity fraud is also skyrocketing. In 2021, global card fraud losses hit a staggering $28.58 billion.
To survive and stay...
Ukraine's cybersecurity authority says the country is fighting its first-ever hybrid war - combining conventional and digital warfare strategies and tactics. In this time of high alert, Rob Dartnall of Security Alliance calls for organizations to develop their threat intelligence capabilities.
Hacking group MuddyWater, linked to the Iranian Ministry of Intelligence and Security, is targeting Turkey and the Arabian Peninsula to conduct espionage and intellectual property theft and to deploy ransomware and destructive malware. The campaign uses malicious documents to deploy RATs on systems.
International hacking collective Anonymous on Thursday announced that it has hacked the Russian censorship agency known as Roskomnadzor. The group released 364,000 files it says show intensified censorship around the perception of the Ukraine invasion, which began in late February.
After months of political infighting, a landmark cybersecurity provision requiring critical infrastructure providers to report security incidents and ransom payments has passed both chambers of Congress and now heads to President Joe Biden's desk. The mandate is part of an omnibus spending bill.
Despite the drumbeat that began about a decade ago for healthcare entities to bolster their identity and access management, it is still an "incredibly weak" area for many, Lee Kim of HIMSS says. She discusses the effects of cyberattack trends and the Ukraine-Russia War on healthcare organizations.
Cybersecurity in Russia right now is complicated, owing to reprisals over its Ukraine invasion, leading to Russia launching its own root certificate to keep sites online; facing down "Russians only" RURansom wiper malware; and Avast being the latest business to suspend all operations in the country.
Ari Redbord of TRM Labs joins editors at ISMG to discuss President Biden's executive order on digital assets, the role of cryptocurrency in the Ukraine-Russia war and nuances for ransomware victims who consider paying a ransom, and trends in regulatory guidance and leadership for digital currency.
In the new "Proof of Concept," John Kindervag, Zero Trust creator and senior vice president of cybersecurity strategy at ON2IT, and Jeremy Grant, managing director of technology business strategy at Venable, join ISMG's Anna Delaney and Tom Field to discuss trending Zero Trust and identity issues.
With Ukraine having called on the world to join its "IT Army" and help it hack Russia and ally Belarus, what could possibly go wrong? For starters, launching distributed denial-of-service attacks - at least from outside Ukraine - remains illegal and risks triggering an escalation by Moscow.
In an open letter addressing Ukraine's request to web governance entity ICANN, dozens of researchers, internet activists, politicians and academics voiced their disapproval, instead calling for precise, measured sanctions that could more effectively weaken Russian military and propaganda efforts.
The ISMG Security Report features an analysis of the U.S. government's request for billions of dollars in tech aid to curb the global impact of the Kremlin's campaign in Ukraine. It also examines Biden's cryptocurrency executive order and why breached organizations often don't share full details.
Former top U.S. cybersecurity official Richard Clarke said on Wednesday that the conflict in Ukraine will likely worsen before showing signs of improvement, including potential cyber escalation with the U.S. and its NATO allies. He urged U.S. organizations to allocate resources to cyber defense.
President Joe Biden is expected to outline a whole-of-government approach to reining in cryptocurrencies, which have been criticized for lax cybersecurity measures. Media reports say the administration will announce an executive order on crypto this week, to align the U.S. with global allies.
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