Accounting software giant Wolters Kluwer is continuing to attempt to recover from a malware attack that has disrupted access to its cloud-based tax and accountancy software, which the company says is used by most major U.S. accounting firms and global banks. Some users say they've been left unable to do their jobs.
Life after WannaCry and NotPetya: Europol, the EU's law enforcement intelligence agency, wants member states to be able to rapidly respond to the next big cyberattack against Europe. But with warnings of ongoing Russian election interference campaigns, the next big attack may already be underway.
Aluminum giant Norsk Hydro has been hit by LockerGoga ransomware, which was apparently distributed to endpoints by hackers using the company's own Active Directory services against it. To help safeguard others, security experts have called on Hydro to release precise details of how it was hit.
Norsk Hydro, one of the world's largest aluminum producers, has been hit by a crypto-locking ransomware attack that began at one of its U.S. plants and has disrupted some global operations. A Norwegian cybersecurity official said the ransomware strain may be LockerGoga.
Officials in Jackson County, Georgia, along with the FBI are investigating a ransomware attack that crippled IT systems over a two-week period and reportedly led local officials to pay a bitcoin ransom worth $400,000 to restore systems and infrastructure.
A rush by some media outlets to attribute a late-2018 alleged Ryuk ransomware infection at Tribune Publishing to North Korean attackers appears to have been erroneous, as many security experts warned at the time. Rather, cybercrime gangs appear to be using Ryuk, according to researchers at McAfee and Coveware.
Good news for many victims of GandCrab: There's a new, free decryptor available from the No More Ransom portal that will unlock systems that have been crypto-locked by the latest version of the notorious, widespread ransomware. But the ransomware gang appears to already be prepping a new version.
Ransomware victims who opted to pay for the promise of a decryption key forked over an average of $6,733 in the fourth quarter of 2018, according to ransomware incident response firm Coveware. It says strains such as SamSam and Ryuk, which demand higher-than-average ransoms, are increasingly common.
The 2018 Cost of Data Breach Study: Impact of Business Continuity Management (BCM) sponsored by IBM, analyzes the financial and reputational benefits of having a BCM program in advance of a data breach.
According to the research, BCM programs can reduce the per capita cost of data breach, the mean time to identify...
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A business disruption caused by cyberattacks corrupting your critical data and configurations of your systems can be as damaging to an organization's financial well-being and reputation as data theft or a complete IT outage.
This can be especially true when cyberattacks involve data encryption or malware...
The challenge when designing technology for critical national infrastructure sectors is that it must be securable today and remain resilient to cyberattacks for decades to come, says cybersecurity Professor Prashant Pillai.
Criminals wielding crypto-locking ransomware - especially Dharma/CrySiS, GandCrab and Global Imposter, but also SamSam - continue to attack. Insurance firm Beazley says cyber claims for ransomware have increased in recent months, with the healthcare sector hardest hit.
A tale of two different ransomware victims' responses: One Connecticut city says it had little choice but to pay a ransom to restore crypto-locked systems. But a North Carolina water utility hit separately says that rather than bow to criminals' demands, it will rebuild affected systems and databases.
The biggest challenge for any critical infrastructure facing potential cyberattacks is devising ways to maintain business continuity, says cybersecurity specialist Prashant Pillai, who calls for building resilience into network design. He'll be a speaker at ISMG's Security Summit: London, to be held Oct. 23.
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