Ransomware-wielding criminals continue to find innovative new ways to extort victims, develop technically and sidestep skills shortages by delivering ransomware as a service, said Robert Hannigan, the former head of U.K. intelligence agency GCHQ, in his Infosecurity Europe 2021 virtual keynote speech.
As organizations prepare a plan for migrating to the Secure Access Service Edge, or SASE, model, they need to carefully assess the need for reorganization of the networking and security departments, says Nat Smith, senior director, security analyst at Gartner, which coined the SASE term.
Australian spies should be allowed to take offensive action against some of the world's most prominent ransomware gangs, says Tim Watts, a member of Australia's Parliament who says the move, proposed under the Labor Party's push for a national ransomware strategy, would deter attackers.
Does the West want to have its digital existence defined by adversaries, or is it ready to devote the time, resources, expertise and planning required to more fully take control of its evolving destiny? That's the techno-Darwinian call to arms issued by Jeremy Fleming, the director of Britain's GCHQ intelligence...
How much does it cost to recover from a ransomware attack? For the Scottish Environment Protection Agency, which was hit by the Conti ransomware-wielding gang on Christmas Eve, reported cleanup costs have reached $1.1 million. SEPA is still restoring systems and has refused to pay any ransom.
Penetration testing. Bleeding-edge technology solutions. A huge budget. Are these enterprise cybersecurity essentials … or could you ignore them and still have a comprehensive and effective cyber defense?
AML fines are rising each year as financial institutions continue to make the same compliance mistakes. Often, organizations must cobble together multiple point solutions, leaving unseen gaps in their compliance process.
In this e-book, you'll learn how end-to-end AML compliance solutions are changing this reality...
The ongoing lockdown may be complicating the path of Cupid's arrows. But as another Valentine's Day rolls around, authorities are warning that romance scammers - and other types of fraudsters - are alive and well and have been increasingly preying on unsuspecting victims around the world.
It is essential that government organizations and the private sector bodies in their supply chain have the
right solutions in place to minimize the risk of data loss in the public sector. Systems for data classification
and data loss prevention allow organizations to effectively control and manage data and ensure...
With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels. They're also calling for a review of cyber insurance payouts being used to fund ransoms.
North Korean hackers have been "targeting security researchers working on vulnerability research and development at different companies and organizations" to trick them into installing backdoored software that gives attackers remote access to their systems, warns Google's Threat Analysis Group.
Good news on the cybercrime front: "Cryptocurrency-related crime fell significantly in 2020," compared to 2019, reports blockchain analysis firm Chainalysis. Unfortunately, in the same timeframe, ransomware profits surged 311%, stoking calls for a crackdown on ransom payments.
Privacy watchdogs in Europe have imposed fines totaling more than $330 million since the EU's General Data Protection Regulation went into full effect in May 2018, according to law firm DLA Piper. Over the past year, regulators received 121,000 data breach notifications, up 19% from the year before.
The Scottish Environment Protection Agency says a ransomware attack last month continues to cause serious outages and warns that ransom-demanding attackers also stole some data. The Conti ransomware-as-a-service operation has claimed credit for the attack and begun to leak the stolen data.