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.
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.
California hospital operator Scripps Health has agreed to pay $3.57 million in "minimum cash settlements" of $100 per victim, plus some additional types of expenses, to settle a class-action lawsuit filed by victims of a 2021 data breach perpetrated by ransomware-wielding attackers.
State-backed Russian hacking groups are continuing to focus less on Ukrainian military targets and much more on civilian infrastructure, Ukrainian cybersecurity officials report. Since the start of the year, Ukraine's Computer Emergency Response Team has tracked more than 2,100 major hack attacks.
Hospitals must not only prepare in advance for ransomware and other debilitating attacks on their organizations, but also for responding to the effect of cyber incidents at neighboring facilities, says Dr. Christian Dameff of the University of California San Diego.
Global Cyber Alliance CEO Philip Reitinger shares updates on the alliance's Internet Integrity and Capacity & Resilience programs, which tackle key challenges of internet infrastructure, privacy and safety. Success is measured by the number of partners and "who is using the platform," he says.
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.
Hosted services company Rackspace is warning customers about the increasing risk of phishing attacks following a ransomware attack causing ongoing outages to its hosted Exchange environment. The Texas-based firm also is now facing a class action lawsuit.
The operators behind the banking Trojan SharkBot are targeting Google Play users to spread its malware masquerading as Android file manager apps that already have tens of thousands of installations, according to researchers from Bitdefender.
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.