As the Russian invasion of Ukraine escalates, organizations in the U.S. and Western Europe wonder: What is the potential blowback if the U.S. strikes back at Russia? Sam Curry, veteran CSO of Cybereason, reviews the possibilities and advises about how best to approach risk and preparedness.
Grant Schneider of Venable and three ISMG editors discuss preparedness, response and resilience in light of the Ukraine-Russia crisis; the White House and allies’ efforts to counter ransomware; and future guidance to expect from the Biden administration's cybersecurity executive order.
As Russia has invaded Ukraine, the likelihood of nation-state cyberattacks continue to escalate, and banks remain a top target. On this week's "Sound Off," David Pollino, the former CISO of PNC Bank, discusses how financial institutions should - and must - strengthen their incident response plans.
As fresh wiper malware attacks target Ukrainian government and financial services organizations and contractors, security experts are urging organizations outside the country to avoid catastrophizing and stay focused on maintaining basic, essential cybersecurity defenses.
Many organizations face an upward battle when detecting and preventing fraud.
Consumers continue to migrate to digital channels and while organizations are
benefiting from this transition, it comes at a price. Where transactions occur, fraudsters follow, seeking out new vulnerabilities to exploit.
In this webinar,...
NBC News reports that President Joe Biden has been given a menu of options for conducting offensive cyber strikes again Russia. But the White House's press secretary says the report is "off base and does not reflect what is actually being discussed in any shape or form."
By baselining cyber maturity, one can create an organization's risk profile - and that is the key to being able to build a road map for prioritizing and addressing business risk. ISACA's Brian Fletcher shares insights on establishing the maturity goals for one's unique organization.
The ISMG Security Report analyzes the latest updates on the Ukraine-Russia crisis and offers cyber resiliency tips for organizations. It also describes how the Conti ransomware group has hired TrickBot malware developers and revisits one of the largest ransomware attacks ever in the U.S.
On this week's "Sound Off," attorney Lisa Sotto demonstrates how Colonial Pipeline did "a lot right" in its response to the DarkSide ransomware attack that led the firm to shut down operations for nearly a week last May. She shares best practices for enterprises to improve incident response plans.
As cybersecurity threats have broadened in recent years, businesses have struggled to manage cyber risk and associated costs. Recovering from a ransomware attack in particular is often a costly endeavor, with victims scrambling to minimize downtime, revenue loss, and reputational damage.
There are key best...
In 2019, 23 cities across Texas were struck by one of the largest ransomware attacks ever in the U.S. The attack, which involved the REvil ransomware, started with a compromised managed service provider. While the cities recovered quickly, the MSP sustained irreparable damage.
In 2021, there was a spike in cybercrime, and the focus changed for threat actors from several countries, particularly Russia and China. Cybersecurity firm CrowdStrike provides an overview of the changes, analyzes the takedown of Russian threat actor REvil and adds to its list of adversaries.
The accelerated consumption of digitized services has not only changed the banking landscape - it has affected anti-money laundering risks and defenses. David Stewart and Paul Franks of SAS weigh in on emerging risks, defenses and shifts in the AML compliance landscape.
In the latest weekly update, four ISMG editors discuss how ransomware attacks got worse in 2021, the backlash from privacy experts sparked by the IRS' decision - now changed - to use facial recognition technology on American taxpayers, and why cybersecurity fosters competitive advantage.
Things are not always what they seem, says incident response expert Joseph Carson, pointing to a case involving ransomware that infected a company in Ukraine, but for which there was no external attack path. Ultimately, his investigation found that ransomware had been used to hide internal fraud.
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