Diving into the Colonial Pipeline ransomware attack - culprits, impact, recovery, and the increasing political firestorm it’s triggered - is the focus of the latest edition of the ISMG Security Report. Security leaders weigh in on the attack's significance and potential long-term ramifications.
As former CISO of Pacific Gas & Electric, Bernie Cowens knows plenty about cyber securing the nation's critical infrastructure. He shares his informed opinion on the Colonial Pipeline ransomware attack and what public and private sector entities must do to shore up key defenses.
Colonial Pipeline Co. announced Wednesday that it had restarted its operations following a ransomware attack last Friday. The company says it will take several days to restore all of its supply chain operations.
In April, Cybereason published a blog describing its research into the DarkSide ransomware strain that infected Colonial Pipeline this past week. Sam Curry, CSO of Cybereason, shares insights on DarkSide and the tactics behind the new breed of ransomware attacks.
Colonial Pipeline, which oversees more than 5,500 miles of pipeline that supplies fuel throughout the U.S. East Coast, confirmed Saturday that a ransomware attack has disrupted its services, and the company has taken some of its IT systems offline as a precaution.
Attackers co-opted the Hancitor malware downloader and recently used it to deliver Cuba ransomware as part of an email spam campaign for data exfiltration and ransom extortion, a new report by security firm Group-IB finds.
There’s no question: 2020 brought unanticipated changes and challenges for Financial Services. The notable surge in consumers’ use of websites and mobile apps for their banking transactions exposed critical gaps in our digital identity and authentication methods. And that’s something fraudsters have hastily...
Facebook says it disrupted two Palestinian advanced persistent threat groups that targeted victims across the Middle East as part of cyberespionage campaigns. The groups used malware and advanced social engineering tactics to target journalists, human rights activists and military groups.
The COVID-19 pandemic has led to an uptick in financial crimes, a sudden rise in digital banking activities and resources working from home. As a result, the AML landscape has become more challenging for Financial Institutions and other AML regulated entities.
How has the AML regulatory climate shifted most...
The latest edition of the ISMG Security Report features an analysis of ransomware gang REvil’s threat to release stolen Apple device blueprints unless it receives a massive payoff. Also featured: discussions of the importance of a “shift left” strategy and efforts to secure cryptocurrencies.
The REvil - aka Sodinokibi - ransomware gang is threatening to release stolen Apple device blueprints unless it receives a massive payoff. The extortion threat - with a reported $50 million opening demand - was unveiled hours before Apple made a series of major new product announcements.
The University of Hertfordshire has sustained a cyber incident that severely affected students' online classes and an assignment submission portal. The university, however, notes the incident did not lead to data theft.
Can your organization provide a seamless digital experience with immediate account access, and stand up to the highest standards in safeguarding customers’ assets?
When consumers fall victim to fraud, they expect their financial services organization (FSO) to help them resolve the issue. And when the firm...
The NBA's Houston Rockets reported on Wednesday that the organization was recently hit with a ransomware attack for which the Babuk cyber gang has taken responsibility. Babuk ransomware is known to be buggy and cannot always be decrypted - even with the proper key.