The Russian-language criminal syndicate behind the notorious Conti ransomware has retired that brand name, after having already launched multiple spinoffs to make future operations more difficult to track or disrupt, threat intelligence firm Advanced Intelligence reports.
The latest edition of the ISMG Security Report analyzes how the U.S. government is offering a reward of up to $5 million for information to help it disrupt the illicit flow of funds to North Korea. The report also examines approaches to enhance banks' cyber defenses and U.S. regulatory trends.
The ISMG Security Report features an analysis of the U.S. government's request for billions of dollars in tech aid to curb the global impact of the Kremlin's campaign in Ukraine. It also examines Biden's cryptocurrency executive order and why breached organizations often don't share full details.
Gaps in federal regulations concerning the security and privacy of health data falling outside HIPAA's umbrella are getting filled to some extent by various state laws. But that's creating additional challenges, says privacy attorney Kirk Nahra of the law firm WilmerHale.
The ISMG Security Report analyzes the latest updates on the Ukraine-Russia crisis and offers cyber resiliency tips for organizations. It also describes how the Conti ransomware group has hired TrickBot malware developers and revisits one of the largest ransomware attacks ever in the U.S.
Jeff Williams, co-founder and CTO of Contrast Security, says people have a right to know if the products they use are secure. It's difficult to tell if software is secure, he says, so companies need incentives to build good security programs, improve their software and disclose any flaws they find.
This edition of the ISMG Security Report analyzes what prosecutors say is the biggest cryptocurrency seizure in U.S. history as well as the biggest financial seizure. It also details how a school district CISO resigned over the district's handling of a severe data breach and busts Zero Trust myths.
The arrest of a married New Yorker couple, charged with laundering bitcoins worth $3.6 billion that were stolen from a currency exchange in 2016, highlights the risk facing anyone who wants to launder large amounts of cryptocurrency and stay free long enough to enjoy their alleged rap career.
Healthcare organizations must carefully scrutinize any implementation of applications, software suites and other technology platforms that could contain open-source code because of the risks - including potential patient safety issues - posed by these components, says attorney Steven Teppler.
The U.S. government has taken notable moves to enforce cybersecurity regulation and propose legislation, says Andy Watkin-Child, founding partner of the Augusta Group. To help prepare for these shifts, he advises organizations to improve their "understanding in global regulation in cyber."
It's no surprise that as some ransomware-wielding criminals have been hitting healthcare, pipelines and other sectors that provide critical services, governments have been recasting the risk posed by ransomware not just as a business threat but as an urgent national security concern.
Drawing on his deep background in technology, government and law, cybersecurity adviser Tony Scott delves into many pressing issues in cybersecurity today - including zero trust. In this episode of "Cybersecurity Unplugged," he says organizations should get started on the journey now.
The latest edition of the ISMG Security Report features insight from U.S. Sen. Angus King on why the federal government needs to declare a clear response to cybercriminals in order to deter them. Also featured: Ransomware affiliates gain power and promoting diversity of thought in cybersecurity.
Who's been launching distributed denial-of-service attacks against ransomware operators' sites and cybercrime markets? Disrupting ransomware operations that rely on Tor-based data leak sites and payment portals for double extortion is an obvious move for cutting into their profits.
"Silence is gold." So says ransomware operator Ragnar Locker, as it attempts to compel victims to pay its ransom demand without ever telling anyone - especially not police. But some ransomware-battling experts have been advocating the opposite, including mandatory reporting of all ransom payments.
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