The NBA's Houston Rockets reported on Wednesday that the organization was recently hit with a ransomware attack for which the Babuk cyber gang has taken responsibility. Babuk ransomware is known to be buggy and cannot always be decrypted - even with the proper key.
Initial access brokers continue to ply their trade, selling immediate access to hacked sites to make it easier for gangs to steal data and crypto-lock systems. But researchers say an overabundant supply of access credentials appears to be driving down the prices being commanded on cybercrime forums and markets.
Brokerage account takeover, supply chain attacks, destructive attacks and those that seek to manipulate time or time stamps are among the latest threats uncovered in the new Modern Bank Heists report authored by Tom Kellermann at VMware Carbon Black.
How much does it cost to recover from a ransomware attack? For the Scottish Environment Protection Agency, which was hit by the Conti ransomware-wielding gang on Christmas Eve, reported cleanup costs have reached $1.1 million. SEPA is still restoring systems and has refused to pay any ransom.
Acer, one of the world's largest PC and device makers, has been targeted by the ransomware gang REvil, aka Sodinokibi, according to news reports. The Taiwanese company has not confirmed it has been attacked, but data has been posted to the gang's darknet site.
There has been a spike in web shells being detected as ransomware gangs and other attackers increasingly target vulnerable on-premises Microsoft Exchange servers following publication of proof-of-concept attack code for ProxyLogon, which is one of four zero-day flaws patched by Microsoft in early March.
The latest edition of the ISMG Security Report features cybercrime deterrence lessons learned from the disruption of the Emotet botnet operation. Also featured: An update on attacks tied to Microsoft Exchange flaw exploits; a discussion of the need to update business continuity plans.
Nearly four years after the WannaCry ransomware hit the world, targeting the EternalBlue vulnerability in Microsoft SMB version 1, security firms say the malware continues to be a top threat detected in the wild by endpoint security products. Why won't WannaCry just die?
Researchers with Microsoft and FireEye are disclosing additional malware used by the hacking group that targeted SolarWinds last December. These second-stage malware variants appear to have been deployed after organizations downloaded the "Sunburst" backdoor hidden in a software update.
Disruption is happening on an unprecedented scale in financial services—from the competitive landscape to natural disasters to cyber threats to new technologies. No matter what happens, customers and regulators expect your operations to remain steady and reliable. Find out how to move quickly and seamlessly to...
Cyber-criminals have become thoughtful about ransomware attacks; taking time to maximize your organization’s potential damage and their payoff. Protecting your network from this growing threat is more important than ever. And nobody knows this more than Roger Grimes, Data-Driven Defense Evangelist at KnowBe4.
There is a reason more than half of today’s ransomware victims end up paying the ransom. Cyber-criminals have become thoughtful; taking time to maximize your organisation’s potential damage and their payoff. After achieving root access, the bad guys explore your network reading email, finding data troves and once...
Lazarus, the North Korean-backed advanced persistent threat group, has been conducting a campaign striking defense industry targets in more than a dozen countries using a backdoor called ThreatNeedle that moves laterally through networks and can overcome network segmentation, according to researchers at Kaspersky.
French authorities are warning the country's healthcare sector of the discovery of a glut of stolen credentials, apparently belonging to hospital workers, that were found for sale on the dark web. The alert comes amid a recent rise in ransomware attacks on hospitals and other healthcare entities.