Blockchain company has offered a $1 million bounty to hackers who stole $100 million worth of Ethereum tokens. It says it won’t push for criminal charges if the funds are returned.
Ransomware group AvosLocker made use of unpatched VMWare Horizon applications to hack into an unidentified organization’s systems, says analysis from Cisco Talos. The race between systems administrators and hackers to patch the Log4j vulnerability is ongoing.
The Conti ransomware group officially pulled the plug on its operation in May. But experts say the group's activities have continued in the form of numerous already-launched subsidiaries or spinoffs, which appear to include Alphv/BlackCat, AvosLocker, Black Basta and HelloKitty, among others.
Watch out for APT and state-sponsored hackers using the Log4Shell vulnerability to gain unauthorized entry into unpatched VMware Horizon Systems and Unified Access Gateway servers, says a joint advisory from CISA and the U.S. Coast Guard Cyber Command.
To excel at cybersecurity incident response, start with planning, preparation and, ideally, regular tabletop exercises, say Kevin Li, CISO for MUFG Securities Americas, and Rocco Grillo, managing director of Alvarez & Marsal's Disputes and Investigations Global Cyber Risk Services practice.
Mark Read, head of data breach solutions for TransUnion in the UK, shares insights on the current data breach landscape, including how businesses should respond to a data breach in order to reduce its impact. "The most successful responses often include the offer of a remediation solution," he says.
A report from the company behind the world's most ubiquitous operating system depicts active cyber scrimmage between Russia and Ukraine and Russia and a slew of other countries. Fighting it is the work of private-public collaboration, Microsoft President Brad Smith writes.
Ransomware has changed the risk landscape for suppliers and is forcing companies to reconsider their risk relationships, says Kelly White, co-founder and CEO of RiskRecon. He discusses the correlation between cyber hygiene, ransomware and data loss.
The latest edition of the ISMG Security Report investigates the reboot of ransomware group Conti, which supports Russia's invasion of Ukraine. It also discusses why paying ransomware actors is a "business decision" and how to respond to the talent shortage in the financial sector.
"Credential phishing is off the charts," says Tonia Dudley of Cofense. She discusses the challenge for organizations to strike a balance between having the right controls in place to block malicious emails and stopping the business from receiving legitimate emails.
Former ISACA board chair Rob Clyde shares highlights from ISACA's "Supply Chain Security Gaps: A 2022 Global Research Report," in which 25% of respondents say they experienced a supply chain attack last year, and offers recommendations for assessments and testing of software.
The U.S. Cybersecurity and Infrastructure Security Agency has begun issuing alerts about 56 flaws across operational technology equipment built by 10 different vendors. Researchers at Forescout Technologies say the flaws trace to poor design decisions by vendors.
In the latest "Proof of Concept," Lisa Sotto of Hunton Andrews Kurth LLP and former CISO David Pollino of PNC Bank join ISMG editors to discuss the many new privacy laws in the U.S., current ransomware and scam trends, and handling the potential corporate risk of sharing information on social media.
Ten years from now, "the ability to transact on a global basis will continue," says Nick Coleman, CSO, real-time payments at MasterCard, who adds, "Maybe my car will buy stuff for me." Coleman discusses the future of digital payments and the technologies that can help secure that future.
The overlying problem in cybersecurity is scale and the complexity that comes from that scale, says Philip Reitinger, president and CEO of the Global Cyber Alliance. He says we need to simplify how we defend ourselves and "give individuals and companies products that meet them where they are."
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