To mitigate the risks posed by ransomware attacks, enterprises need to move from file-based security to a behavior-based approach, says Jennifer Ayers, vice president of the OverWatch division of Crowdstrike.
The latest edition of the ISMG Security Report analyzes a new report that labels ransomware as the No. 1 cybercrime threat. Also featured: A former FBI agent offers an update on "disruptionware" attacks; how Tesla's autopilot is tricked by phantom images.
Banking institutions are seeing a significant spike in multi-channel financial crimes. But Duncan Ash and Julio Gomez of Splunk say data and analytics can be key differentiators in the effort to protect sensitive financial data.
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
Those selling "network access" on underground forums are adjusting their business models to take advantage of the huge influx of ransomware gangs that are looking for easier and more efficient ways to gain access to their targets, Accenture reports.
A hack-for-hire group dubbed "Bahamut" is renting out its espionage and disinformation services to the highest bidder to target nonprofit organizations and diplomats across the Middle East and southern Asia, according to security researchers at BlackBerry.
The latest edition of the ISMG Security Report features an analysis on why criminals continue to use darknet markets, despite the risks. Also featured: Hackers target Virgin Mobile KSA; coping with COVID-19 stress.
With so many cybercrime markets continuing to disappear, why haven't encrypted messaging apps stepped in to fill the gap? They might seem to be the perfect solution to admins stealing buyers' and sellers' cryptocurrency - via an exit scam - or police infiltration. But encrypted apps have their own downsides.
Russian criminals operating online who want to stay out of jail need only to follow a few simple rules, the primary one being: Never target Russians. So it's surprising that security researchers have uncovered a new ransomware-wielding gang of Russian speakers that includes Russian victims on its hit list.
The move to Microsoft 365 (formerly known as Office 365) was rushed forward at record pace due to an overnight work-remote push globally. Looking back, cyber security agencies are recommending a revisit to configuration settings, a review of optional built-in enhancements and third-party bolt-on tools to provide that...
A hack-for-hire campaign targeting an "international architectural and video production company" serving high-end real estate ventures likely involved corporate espionage driven by a developer eager for insider data, according to an analysis from security firm Bitdefender.
The latest edition of the ISMG Security Report analyzes why ransomware gangs continue to see bigger payoffs from their ransom-paying victims. Also featured: Lessons learned from Twitter hacking response; security flaw in Amazon's Alexa.
Ransomware gangs continue to see bigger payoffs from their ransom-paying victims, driven by "big-game hunting," data exfiltration and smaller players seeking larger returns, according to ransomware incident response firm Coveware.