The gang behind ransomware dubbed "Cring," which has waged a series of attacks this year, is exploiting a Fortinet VPN server vulnerability that the company patched in 2019, according to a report from the security firm Kaspersky that analyzes one attack in Europe.
How much does it cost to recover from a ransomware attack? For the Scottish Environment Protection Agency, which was hit by the Conti ransomware-wielding gang on Christmas Eve, reported cleanup costs have reached $1.1 million. SEPA is still restoring systems and has refused to pay any ransom.
Left unsaid in Fat Face's "strictly private and confidential" data breach notification to affected customers this week was any indication that the fashion clothing retailer had paid a reported $2 million ransom to the Conti gang to unlock its systems. Fat Face has now confirmed the ransomware hit.
With the explosion of remote business, we are now digitizing many of our documents and processes. Entrust’s Jay Schiavo explains what new mindset this shift requires, what’s needed to ensure document authenticity and integrity.
The latest edition of the ISMG Security Report features cybercrime deterrence lessons learned from the disruption of the Emotet botnet operation. Also featured: An update on attacks tied to Microsoft Exchange flaw exploits; a discussion of the need to update business continuity plans.
Ransomware dominated the online-enabled crime landscape in 2020, some security experts say, thanks to the massive profits it's been generating and the relative ease of use for attackers - including support from a burgeoning cybercrime-as-a-service market.
This edition of the ISMG Security Report features an analysis of key takeaways from the breaches tied to flaws in the Accellion File Transfer appliance. Also featured: Equifax CISO Jamil Farshchi on transforming supply chain security, plus an analysis of how "work from anywhere" is affecting cybersecurity.
In an eye-opening look at the cost burden of a ransomware attack, Universal Health Services reports that an incident last September had a $67 million economic impact - citing, for example, the need to divert patients to competing facilities for urgent care. But insurance may cover much of the cost.
The Federal Reserve's online money transfer system, including Fedwire Funds and FedCash, suffered an outage for more than three hours Wednesday afternoon, with the Fed citing technical issues as the cause and not a cyber incident. Systems were restored by late afternoon.
The Good Health Pass Collaborative is developing a road map for digital health passes that international travelers could use to prove they have been tested for COVID-19. Dakota Gruener, executive director of ID2020, which launched the project, describes the effort, including privacy-protection measures.
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In the wake of COVID-19-accelerated transformation and the SolarWinds hack, the importance of understanding your organization's digital exposure is more critical than ever. In this latest Cybersecurity Leadership panel, CEOs and CISOs discuss asset discovery and attack surface vulnerability.
Maze was one of the most notorious and successful ransomware operations of recent years until its apparent "retirement" and handover to Egregor in November 2020. Some rivals have suggested both groups have ties to the Russian government. But is that just sour grapes, or even simply an attempted scam?