SmileDirectClub, which sells teeth-straightening appliances, expects that a recent cyberattack, which disrupted the manufacturing of its products, will take a $10 million to $15 million bite out of its second-quarter revenue.
A ransomware gang claims to have stolen SIM card data and banking information in an attack on Schepisi Communications, a service provider to Australian telecommunications company Telstra, a local news outlet reports.
In light of the surge in ransomware attacks against universities, institutions need to make asset management a much higher priority, removing obsolete systems and upgrading essential systems to the latest version to avoid exploits of unpatched vulnerabilities, says Matthew Trump of the University of London.
San Diego-based Scripps Health, which operates four area hospitals, has been forced to postpone some patient care - and reportedly divert some patients seeking emergency treatment - as a result of what local news outlets say is a ransomware attack.
The average amount of time that online attackers camp out in a victim's network - or "dwell time" - has been declining, FireEye's Mandiant incident response group reports. But the surge in ransomware accounts for some attacks coming to light more quickly because those attackers announce their presence.
Four editors at Information Security Media Group discuss timely issues, including how the zero-day attacks against Accellion File Transfer Appliance users have rewritten the rules of the cyber extortion game and former federal CISO Gregory Touhill taking on an important new role.
The Babuk ransomware gang says it will no longer launch attacks but instead will make its malware source code available for other attackers to use. The gang took credit for recent attacks against the Washington, D.C. Metropolitan Police Department and the Houston Rockets basketball team.
A cyberthreat gang that's been active since 2020 exploited a now-patched zero-day vulnerability in the SonicWall SMA 100 Series appliance to plant ransomware in attacks launched earlier this year, FireEye Mandiant researchers say.
A coalition of government agencies and security firms has released a framework for how to disrupt ransomware attacks that calls for expanded regulation of the global cryptocurrency market to better track the virtual coins paid to cybercriminals during extortion schemes.
The Babuk ransomware gang is taking credit for an attack against the Metropolitan Police Department of Washington, D.C., and threatening to post exfiltrated data if a ransom is not paid. The department confirms that attackers accessed its network, but it's offering no further details.
Ransomware continues to prove a reliable moneymaker for criminals, with the average cyber extortion payoff rising to $220,298, reports ransomware incident response firm Coveware. Zero-day attacks and shakedowns targeting Accellion File Transfer Appliance users helped boost criminals' profits.
Guy Caspi, CEO of Deep Instinct, is so sure of the power of his company’s ransomware defense solution that he’s now offering a performance guarantee that includes a warranty of up to $3 million per company, per breach. What gives him such confidence?
Following news reports of ransomware attackers targeting QNAP Systems' network-attached storage appliances, encrypting users' data and then demanding a ransom, the company is urging users to immediately install a malware remover and run a malware scan.
The latest edition of the ISMG Security Report features an analysis of ransomware gang REvil’s threat to release stolen Apple device blueprints unless it receives a massive payoff. Also featured: discussions of the importance of a “shift left” strategy and efforts to secure cryptocurrencies.
Multi-Factor Authentication (MFA) can be a highly effective way to safeguard your organization’s data, but that doesn’t mean it’s unhackable. And nobody knows that better than award-winning author and Data-Driven Defense Evangelist at KnowBe4, Roger Grimes. While researching his most recent book Hacking...
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing inforisktoday.com, you agree to our use of cookies.
