It is particularly challenging for financial institutions to catch authorized push payment fraud. But behavioral metrics can play a big role in detecting these incidents, says Steve Ledford of The Clearing House.
Election security improvements, the push for all software to ship with a "bill of materials" and the results of a long-running investigation into a lucrative digital advertising scam are among the latest cybersecurity topics to be featured for analysis by a panel of Information Security Media Group editors.
The White House has written to business leaders, urging them to prioritize having robust ransomware defenses in place. The move comes as the Biden administration pursues multiple strategies to combat ransomware and digital extortion, including ordering a new task force to coordinate all federal investigations.
The latest edition of the ISMG Security Report details the ongoing wave of ransomware attacks, including the disruption of JBS, the world's largest supplier of meat. Also featured are police busting criminals who formerly used the EncroChat communications network and the strategies for filling the cyber skills gap.
Scripps Health this week began notifying more than 147,000 individuals that their financial and health information was contained in documents stolen by attackers who deployed ransomware on the healthcare organization's network in May.
Japanese conglomerate Fujifilm has shut down part of its network after it was compromised in a suspected ransomware attack, the company said in an update on Wednesday. The attack is the latest in a series of ransomware incidents targeting multinational companies.
The FBI has attributed the ransomware attack against meat processing giant JBS to the REvil - aka Sodinokibi - ransomware-as-a-service operation. Security experts say the operation, which dates from 2019, appears to be run from Russia, and has been hitting increasingly large targets.
Organizations are connecting to industrial control networks at an increasing pace. The need to connect to the IT environment, cloud applications and remote workers has created a definitive gap by eroding the demilitarized zone. Because of this, organizations must deploy new ways to secure operational technology...
Three new ransomware groups - Prometheus, Grief and an unidentified group using Payload.bin - have separately threatened to release or have already put on sale stolen data from government and private entities.
After the ransomware attack against meat-processing giant JBS, the White House says it has contacted Russia, putting it on notice that "responsible states do not harbor ransomware criminals." Experts say that despite the chaos caused by the Colonial Pipeline hit, the pace of ransomware attacks hasn't slowed.
The most significant component of President Biden's recently released executive order on cybersecurity is its call for the creation of software life cycle security standards, says Adam Isles, former deputy chief of staff at the U.S. Department of Homeland Security, who offers a complete assessment.
Vulnerabilities in some antivirus software could have enabled attackers to install malware and deactivate anti-ransomware protection to take over software controls, academic researchers say.
Former customers of the now-defunct encrypted communications service EncroChat, which was infiltrated by police last year, continue to get busted, including members of a crime syndicate that operated "an industrial-scale cocaine laboratory" in the Netherlands, Europol says.
The Department of Justice announced Tuesday that it has seized two domains that were used during a recent phishing campaign that targeted a marketing firm used by the U.S. Agency for International Development - USAID - to send malicious messages to thousands of potential victims.
The world's largest meat supplier, JBS, says an "organized cybersecurity attack" has led it to shut down servers in North America and Australia. Experts say a prolonged outage could have a noticeable impact on the global supply of meat. The company has yet to disclose if the attack involved ransomware.
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