Nearly three weeks ago, Iran's state railway company was hit a cyberattack that was disruptive and - somewhat unusually - also playful. Security firm SentinelOne says analyzing the wiper malware involved offers tantalizing clues about the attackers' skills, but no clear attribution.
The latest edition of the ISMG Security Report features an analysis of the disappearance of ransomware-as-a-service groups, such as REvil and Darkside, and how that impacts the wider cybercrime ecosystem. Also featured: ransomware recovery tips; regulating cyber surveillance tools.
Cyber insurance provider Coalition Inc. says its clients' average claims for losses when they were hit by a ransomware attack totaled $184,000 in the first half of this year, down 45% compared to the second half of 2020. Negotiating lower ransoms and more efficient recovery were key factors.
A new ransomware group called BlackMatter has debuted, claiming to offer the best features of REvil and DarkSide - both apparently defunct - as well as LockBit. A new attack using REvil's code has also been spotted, but a security expert says it's likely the work of a former affiliate.
Malware developers increasingly are relying on "exotic" programming languages - such as Go, Rust, DLang and Nim - to create malicious code that can avoid detection by security tools and add a layer of obfuscation to an attack, according to a report released Monday by BlackBerry.
With corporate America beginning to ask employees to come back to their offices in the fall, cybersecurity teams have the huge task of ensuring that the work environment is safe. This is particularly true of IoT devices, as many have been left unprotected for months.
As ransomware continues to pummel organizations, if they do get hit, then from an incident response standpoint, what are the essential steps they should take to smooth their recovery? Veteran ransomware-battler Fabian Wosar, CTO of Emsisoft, shares essential steps and guidance for recovery.
A greater level of cooperation is needed between the DOD and DHS to ensure that U.S. critical infrastructure is protected against various cyberthreats, according to an inspector general's report. The SolarWinds attack showed the need for more coordination between the two departments.
In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the challenges ahead for the new director of the U.S. Cybersecurity and Infrastructure Security Agency and vendor security risk management in the healthcare sector.
This edition of the ISMG Security Report features an analysis of comments from the former head of Britain's GCHQ intelligence agency, Robert Hannigan, on the changing nature of ransomware attacks. Also featured: Disrupting the ransomware-as-a-service business model; supply chain security management tips.
The world is now focused on ransomware, perhaps more so than any previous cybersecurity threat in history. But if the viability of ransomware as a criminal business model should decline, expect those attackers to quickly embrace something else, such as illicitly mining for cryptocurrency.
The U.S. Department of State is now offering rewards of up to $10 million for information about cyberthreats to the nation's critical infrastructure. Meanwhile, the government has launched a StopRansomware website offering a central repository of resources.