The total amount of ransom payments being sent by victims to ransomware groups appears to have taken a big dip, declining by 40% from $766 million in 2021 to $457 million in 2022 due to victims simply being unwilling to pay, blockchain intelligence firm Chainalysis reports.
The notorious LockBit 3.0 ransomware group runs just like a business, focusing on recruiting top talent and maintaining an advanced product - which has led to the group's longevity. But the operators' insecurities could be key to the group's undoing, says security researcher Jon DiMaggio.
Trend Micro spotted operators of the Gootkit malware loader targeting the Australian healthcare sector. Trend Micro doesn't assert the Gootkit campaign is behind a ransomware attack against the country's largest private health insurer but says the "recent campaign might remind us of this incident."
Researchers uncovered thousands of Citrix servers that are vulnerable to two critical flaws, one of which is being actively exploited by nation-state hackers. Netgear also warned its customers about a denial-of-service vulnerability affecting some of its devices.
Many healthcare sector organizations would raise their security maturity levels if more CISOs and their teams approached security with business enablement as the objective, says Taylor Lehmann, director for the office of the CISO at Google Cloud.
Many ransomware-wielding attackers are expert at preying on their victims' compulsion to clean up the mess. Witness victims' continuing willingness to pay a ransom - separate to a decryptor - in return from a promise from extortionists that they will delete stolen data. As if.
According to Accenture Security's Cyber Threat Intelligence team, information stealer malware - malicious software designed to steal information, including passwords - became one of the most discussed malware types on the cybercriminal underground in 2022.
Many healthcare organizations struggle to recover from ransomware attacks, putting clinical procedures and patient safety in jeopardy during the process, says Steve Cagle, CEO of privacy/consulting firm Clearwater. "They need to think about how the technology is supporting the business," he says.
ChatGPT, an AI-based chatbot that specializes in dialogue, is raising concern among security professionals about how criminals could use cheap, accessible natural language AI to write convincing phishing emails and pull off nefarious deepfake scams. Peter Cassidy discusses the implications.
Everyone knows why criminals rob banks. But since most robbers are operating remotely, which tactics are cybercriminals actually employing and how often are they successful? Too often, it seems, thanks to phishing attacks, money laundering, ATM skimmers, malware and more.
Information Security Media Group asked some of the industry's leading cybersecurity experts about the trends to watch in 2023. Responses covered a variety of emerging threats and evolving trends affecting security technologies, leadership and regulation. Here is a look at the year ahead.
She has been a CISO almost longer than there has been cybersecurity. And now Marene Allison, CISO at Johnson & Johnson, eyes retirement and her next adventures. She reflects on her career, her accomplishments and what she wishes for her successor and the next generation of cybersecurity leaders.
U.S. federal prosecutors charged six men ranging in age from 19 to 37 with running distributed denial-of-service attacks for sale on the internet. One of the accused allegedly ran a site, Ipstresser.com, responsible for more than 30 million DDoS attacks.
In the latest weekly update, Information Security Media Group Editors discuss current cybersecurity and privacy issues, including advice on strengthening off-hours defenses during the holiday season, emerging cybercrime trends in 2022, and Palo Alto's first big M&A since early 2021.