Canon USA has finally acknowledged that a ransomware attack earlier this year involved the theft of corporate data, including such employee information as Social Security numbers and financial account numbers.
The latest edition of the ISMG Security Report features an analysis of how cybercriminals are ditching banking Trojans in favor of ransomware attacks. Also featured: Defending against deep fakes; supporting a dispersed workforce.
Officials with the Baltimore County Public Schools are investigating a ransomware attack that disrupted virtual learning for students this week. Now, the district has been forced to call-off its virtual classes until next Monday.
French IT services firm Sopra Steria, which was hit with Ryuk ransomware in October, now estimates that the attack could cost the company up to $60 million in recovery costs. Experts say that after going quiet in March, Ryuk reappeared in September, and has targeted numerous hospitals.
Driven by the profits to be achieved via ransomware, most botnet operators have dropped banking Trojans in favor of supporting and running crypto-locking malware attacks, according to security experts who spoke Wednesday at cybersecurity firm Group-IB's CyberCrimeCon 2020 virtual conference.
The FBI has sent out a private industry alert warning about an increase in attacks using Ragnar Locker ransomware. The operators behind this crypto-locking malware have recently targeted companies that include EDP, Campari and Capcom, researchers note.
Like you, cybercriminals are on their own digital transformation journey. Trends like remote work, Internet of Things (IoT), bring-your-own-device (BYOD) and cloud initiatives have given hackers new ways to infiltrate your organization by exponentially expanding the attack surface. Technologies like artificial...
This report helps to quantify the economic cost of cyberattacks by analyzing trends in malicious activities over time. By better understanding the impact associated with cybercrime, organizations can determine the right amount of investment in cybersecurity. Looking back at the costs of cybercrime to date is...
The first six months of 2020 saw an increase in threats to OT and IoT networks, especially IoT botnet, ransomware and COVID-19-themed attacks. These attack types align with global computing and socio-economic trends. The rapid rise in IoT devices and connections, the worldwide COVID-19 pandemic, and the increasing...
Ransomware continues to pummel many types of organizations, recently including South Korea's E-Land retail group, French newspaper Paris-Normandie and a Georgia county school system. A ransomware hit against hosting giant Managed.com has resulted in ongoing site outages for numerous others.
The operators behind the Qbot banking Trojan are now deploying a recently uncovered ransomware variant called Egregor to target organizations across the world, according to researchers at Group-IB.
A U.S. unit of Italian-based eyewear maker and eye care center conglomerate Luxottica has reported a breach affecting over 829,000 individuals - the fourth largest health data breach added to the U.S. federal tally so far this year. It's unclear if a recent ransomware attack is related.
Although the global financial industry has made strides in protecting its data from malware, including Trojans, cyberthreats such as network intrusion, ransomware and criminal gang cooperation are presenting fresh challenges, according to the Carnegie Endowment for International Peace.
This edition of the ISMG Security Report features a discussion with Christopher Krebs, the recently fired director of the Cybersecurity Infrastructure Security Agency, on his accomplishments at the agency. Also featured are updates on ransomware gangs recruiting affiliates and healthcare supply chain risks.
As ransomware attacks on the healthcare sector continue to surge, entities should heed the lessons emerging from these incidents as well as the advice provided in alerts from government agencies, security experts say.
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