The latest edition of the ISMG Security Report features an analysis of the disappearance of ransomware-as-a-service groups, such as REvil and Darkside, and how that impacts the wider cybercrime ecosystem. Also featured: ransomware recovery tips; regulating cyber surveillance tools.
A new ransomware group called BlackMatter has debuted, claiming to offer the best features of REvil and DarkSide - both apparently defunct - as well as LockBit. A new attack using REvil's code has also been spotted, but a security expert says it's likely the work of a former affiliate.
Good news on the ransomware front: The average ransom paid by a victim dropped by 38% from Q1 to Q2, reaching $136,576, reports ransomware incident response firm Coveware. In addition, fewer victims are paying a ransom simply for a promise from attackers to delete stolen data.
This edition of the ISMG Security Report features an analysis of ongoing investigations into the use of NSO Group's Pegasus spyware to spy on dissidents, journalists, political rivals, business leaders and even heads of state - and discussion of whether the commercial spyware business model should be banned.
As ransomware continues to pummel organizations, if they do get hit, then from an incident response standpoint, what are the essential steps they should take to smooth their recovery? Veteran ransomware-battler Fabian Wosar, CTO of Emsisoft, shares essential steps and guidance for recovery.
This edition of the ISMG Security Report features an analysis of comments from the former head of Britain's GCHQ intelligence agency, Robert Hannigan, on the changing nature of ransomware attacks. Also featured: Disrupting the ransomware-as-a-service business model; supply chain security management tips.
The world is now focused on ransomware, perhaps more so than any previous cybersecurity threat in history. But if the viability of ransomware as a criminal business model should decline, expect those attackers to quickly embrace something else, such as illicitly mining for cryptocurrency.
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.
The Forrester Tech Tide is a report that examines the maturity of an ecosystem of technologies and helps organizations decide which technologies to invest in and when. A Forrester Tech Tide classifies software or hardware based on maturity and business value into one of the following categories: experiment, invest,...
After weeks of delays and political infighting, the U.S. Senate unanimously approved Jen Easterly to serve as director of the Cybersecurity and Infrastructure Security Agency. CISA has been without a permanent leader since former President Donald Trump fired Christopher Krebs in November 2020.
This edition of the ISMG Security Report features three segments on battling ransomware. It includes insights on the Biden administration's efforts to curtail ransomware attacks, comments on risk mitigation from the acting director of CISA, plus suggestions for disrupting the ransomware business model.
The Biden administration has a message for Russia: Rein in the criminal hackers operating from inside your borders who hit Western targets, or we'll do it for you. But experts say disrupting ransomware will take more than diplomacy or even using offensive cyber operations to target criminal infrastructure.
It was stealthy, and it was widespread. But perhaps the Kaseya VSA ransomware attack wasn't quite as effective and damaging as initially feared, says Michael Daniel, president and CEO of the Cyber Threat Alliance. He explains where defenses succeeded.
The Kaseya VSA ransomware attack was discussed exhaustively over the Fourth of July holiday weekend. But there's one big question that hasn’t been answered, says Tom Kellermann, head of cybersecurity strategy at VMware Carbon Black: "Who gave REvil the zero-day?"
U.S. President Joe Biden has ordered federal intelligence agencies to investigate the incident involving IT management software vendor Kaseya. Attackers reportedly compromised Kaseya's remote monitoring system, VSA, potentially affecting scores of managed service providers and their clients.
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