The prolific Avaddon ransomware-as-a-service operation has announced its closure and released 2,934 decryption keys for free. Has the increased focus by Western governments on combating ransomware been driving this and other operations to exit the fray?
Criminals tricked into using an FBI-run encrypted messaging app, Verizon's 2021 Breach Investigations Report and overcoming the challenges of recruiting cybersecurity professionals are among the latest cybersecurity topics to be featured for analysis by a panel of Information Security Media Group editors.
Weeks after VMware issued patches to address vulnerabilities in its vSphere Client (HTML5), threat intelligence firm Bad Packets says threat actors are mass scanning for vSphere hosts vulnerable to remote code execution.
Ransomware attacks have evolved over the years as attackers have come out with new strategies for digital extortion, says Chris Novak, global director of the Threat Research Advisory Center at Verizon Business Group. He shares insight from the Verizon 2021 Data Breach Investigations Report.
Symphony Technology Group's acquisition of FireEye Products Business in a $1.2 billion deal will set up the private equity group to better compete with security giants such as Microsoft and Cisco, while unlocking profit potential for FireEye and the now stand-alone Mandiant Solutions, analysts say.
Internet of things security professionals are expressing concern over Amazon's new Sidewalk - a low-bandwidth network program that will allow some of the company's connected and IoT devices to share Wi-Fi access even outside an owner's home.
After the ransomware attack against meat-processing giant JBS, the White House says it has contacted Russia, putting it on notice that "responsible states do not harbor ransomware criminals." Experts say that despite the chaos caused by the Colonial Pipeline hit, the pace of ransomware attacks hasn't slowed.
Former customers of the now-defunct encrypted communications service EncroChat, which was infiltrated by police last year, continue to get busted, including members of a crime syndicate that operated "an industrial-scale cocaine laboratory" in the Netherlands, Europol says.
A newly uncovered ransomware variant dubbed 'Epsilon Red' is targeting organizations in the U.S. hospitality sector, with the threat actor successfully extorting $210,000 from one of its victims, a new report by security firm Sophos notes.
The White House officially released its fiscal year 2022 budget proposal on Friday. The Biden administration is seeking to spend billions on cybersecurity, including $750 million for "lessons learned" from the SolarWinds attack. Officials also want to boost CISA's budget by $110 million.
VMware is warning all vCenter Server administrators to patch their software to fix a serious vulnerability that could be used to execute arbitrary code as well as a separate authentication flaw. Experts warn that these and other recent flaws are likely to be targeted by ransomware gangs.
Diego Souza's main responsibility as the global CISO at Cummins Inc. is focusing on the gap between IT and OT security and effectively communicating risk and other security issues to the board. But his passion is developing and mentoring the next generation of cybersecurity leaders.
"They’re playing games," is how one security expert describes Conti ransomware-wielding attackers' "gift" of a decryptor to Ireland's crypto-locked health service, while still demanding a ransom to not leak stolen health data. The same could be said of the DarkSide gang's promised retirement.