Bad news on the ransomware front: Victims that choose to pay attackers' ransom demands - in return for the promise of a decryption tool - last quarter paid an average of $84,116, according to Coveware. But gangs wielding Ryuk and Sodinokibi - aka REvil - often demanded much more.
Emotet malware alert: The U.S. Cybersecurity and Infrastructure Security Agency says it's been "tracking a spike" in targeted Emotet malware attacks. It urges all organizations to immediately put in place defenses to not just avoid infection, but also detect lateral movement in their networks by hackers.
British regulators have fined Dixons Carphone $653,000 for a breach that exposed millions of payment card details and personal data due to point-of-sale malware. The retailer's lack of security contributed to a "careless loss of data," the Information Commissioner's Office says.
Attackers are hitting unpatched Pulse Secure VPN servers with Sodinokibi - aka REvil - ransomware, British security researcher Kevin Beaumont warns. Pulse Secure says that although many organizations have installed the critical April 2019 patch, holdouts persist.
The U.S. Coast Guard issued a security alert this month after a ransomware attack took down the IT network of an unnamed maritime facility. Investigators believe that the incident involved the Ryuk ransomware strain and started with a phishing email.
Warning: Attackers wielding LockerGoga and MegaCortex ransomware have been hitting large corporate networks, sometimes first lingering for months. That's according to a new FBI flash alert, as reported by Bleeping Computer, which essentially tells would-be victims: Please, get your defenses in order now.
Three member of a cybercriminal gang that used the GozNym malware platform to steal approximately $100 million from victims across the world have been sentenced for their roles in the scam, according to U.S. Justice Department and prosecutors in the country of Georgia.
The MyKings botnet, which has been spreading cryptominers and other malware, continues to grow in sophistication, using steganography to hide malicious updates, Sophos Labs reports. New research also shows attackers are exploiting the EternalBlue vulnerability in Windows.
The latest edition of the ISMG Security Report discusses the recent ransomware attacks on the city of New Orleans as well as other units of local government and schools. Also featured: discussion on security issues for IoT and legacy medical devices.
The gang behind Maze ransomware has begun publicly identifying its victims and listing data that it exfiltrated from systems before leaving them crypto-locked. The intent is clear: By naming and shaming victims, the Maze gang is trying to compel them to pay.
Two Russian men have been charged with stealing more than $100 million from banks around the world using the notorious Dridex malware, according to an unsealed U.S. indictment that caps off a decade-long investigation led by American and British law enforcement agencies.
What are the key mobile security threats to financial organizations, and how are these enterprises marshalling their mobile threat defense? These were the questions posed by ISMG and Wandera to security leaders in San Francisco. Wandera's Michael Covington discusses the response.
Global security company Prosegur has blamed Ryuk ransomware for a service disruption that started Wednesday, which may have hampered networked alarms. Prosegur isn't revealing much detail but says it is in the process of restoring services.
An unidentified strain of malware appears to have infected point-of-sale machines used at certain New York restaurants owned by the chain Catch. The malware exposed customer payment card data to hackers, the company says.
Bala Kumar of iovation, a TransUnion company, sees a marked spike in identity fraud in general, and at account origination in particular. How does this increase manifest across industry sectors, and how should organizations re-think their defenses?