After hearings in the Senate and House on a spate of ransomware attacks that have put the nation's critical infrastructure in danger, some security experts say Congress may be poised to take action to create greater regulatory oversight of cybersecurity within certain industries.
Japanese conglomerate Fujifilm, which earlier this month was the victim of a ransomware attack, reportedly refused to pay a ransom and restored operations using backups.
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?
The U.K. says it plans to turn the country into a global leader in cybersecurity, in partnership with the U.S, to counter threats ranging from ransomware to critical infrastructure attacks, according to a report by U.K. newspaper the Telegraph.
Fast-food giant McDonald's is acknowledging a data breach that affected some customer and company data from its locations in Korea and Taiwan. Phone numbers, delivery and email addresses were exposed. Payment data, however, has not been compromised.
The House Oversight and Reform Committee is now probing the $11 million payment that meat-producer JBS paid to a cybercriminal gang following a ransomware attack in May. Committee Chairwoman Carolyn Maloney also asked for documents related to ransom payments made by Colonial Pipeline and CNA.
Cryptocurrency has a reputation for being tough to trace - no wonder anonymity-craving criminals favor using it. In reality, cryptocurrencies don't make users anonymous. But just how did the FBI recover most of the bitcoins paid by Colonial Pipeline to the DarkSide ransomware operation?
The U.S. Justice Department has shut down the Slilpp cybercrime marketplace, which sold stolen credentials related to bank accounts and other payment mechanisms, in a multinational operation.
Electronic Arts has acknowledged that a threat actor has breached the gaming giant and has posted a huge swath of gaming and corporate data for sale on the publicly accessible leak site RaidForums. The ad claims to have 780GB of data.
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.
Traditional ransomware attacks may have taken over the news, but Proofpoint researchers say the malicious actors who presents themselves as the North Korean-backed Lazarus advanced persistent threat group have revamped their distributed denial-of-service ransom extortion strategy and rebranded.
Cryptojacking group TeamTNT is leveraging compromised Amazon Web Services credentials to attack its cloud environments through the platform’s API, according to researchers from Unit 42 at Palo Alto Networks.
The latest edition of the ISMG Security Report features an analysis of lawmakers' grilling of Colonial Pipeline CEO Joseph Blount over his handling of the DarkSide ransomware attack. Also featured: How the FBI helped trick criminals into using an encrypted communications service that it was able to monitor.
A small U.S. nuclear weapons contractor has confirmed that it suffered a ransomware attack, resulting in the theft of data. Credit for the attack has been taken by the ransomware-as-a-service operation known as REvil, aka Sodinokibi, which the FBI recently tied to the attack against meatpacking giant JBS.
President Joe Biden's nominees for White House cyber director and CISA director faced questions from senators during their confirmation hearing Thursday, including how the federal government should respond to a recent spate of ransomware attacks and other cyberthreats.
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