All the key players of a company's management group, including the CISO, need to be involved in the decision about whether to invest in cyber insurance, says Greg Markell of Ridge Canada Cyber Solutions, a cyber insurer.
Freedom of Information requests sent to 430 U.K. local government councils by Barracuda Networks found that at least 27 percent of councils have suffered ransomware outbreaks. Thankfully, almost none have paid ransoms, and good backup practices appear widespread.
In cryptocurrency we trust: The government of North Korea has been turning to bitcoin exchange heists and cryptocurrency mining - potentially using malware installed on other countries' systems - to evade sanctions and fund the regime, security experts say.
Ransomware variants are implementing new, innovative techniques that employ unknown binaries and non-malware tactics to evade and bypass traditional defenses. Their encryption techniques go beyond simple files and shares to make it even harder to restore using backups; and their targets are increasingly becoming...
Although so far only about eight Indian firms have reported to authorities that they've been victimized by Locky ransomware, according to news reports, security experts say many more companies have likely been impacted.
PrincessLocker ransomware is back, although it's less demanding than it used to be, with attackers decreasing the quantity of bitcoins they require to unlock forcibly encrypted files. Unusually, the ransomware is being spread by the RIG exploit kit.
A massive Locky ransomware campaign has been infecting devices via malware-laced spam messages as well as through fake Dropbox phishing pages. More than 23 million Locky spam email have been seen in just one 24-hour period.
Hospitals in Lanarkshire, Scotland, are continuing to recover following an outbreak involving a new variant of Bitpaymer ransomware. Security experts say the malware often gets spread via brute-force attacks against endpoints running remote desktop protocol software.
The never-ending stream of bad information security news is fueling a virtual gold rush for companies offering protection. A new report from Forrester predicts a healthy growth rate over the next five years, with some specific technologies expected to see double-digit growth.
A report claims British intelligence agency GCHQ knew in advance that the FBI planned to arrest WannaCry "hero" Marcus Hutchins when he visited the United States for the annual Black Hat and Def Con conferences last month. The information security community asks: Is that justice?
Locky is back. After falling off the radar last year, the ransomware is once again being distributed via massive spam campaigns - run by the Necurs botnet - in the form of two new variants named Diablo and Lukitus.
With customers expecting faster and more convenient services, the challenge isn't just intercepting suspicious transactions, but it's also about enabling legitimate transactions to proceed without interruption. To more effectively assess fraud risk, the ability to view omni-channel account activity in context is...
Healthcare organizations can learn important lessons - including the need for granular data access control - from the costly proposed settlement of the breach lawsuit against health insurer Anthem, says Bill Fox, a former federal prosecutor.