The calculus facing cybercrime practitioners is simple: Can they stay out of jail long enough to enjoy their ill-gotten gains? A push by the U.S. government and allies aims to blunt the ongoing ransomware scourge. But will practitioners quit the cybercrime life?
Marcus Rameke of Nikko Asset Management Group in New Zealand shares how he led the digital transformation journey to enable it to fulfill new business requirements using an agile approach that made staff more mobile and able to achieve better productivity and revenue and improve client satisfaction.
Deepayan Chanda discusses the four principles of cybersecurity - reliability, accuracy, architecture and resiliency - that he believes cover most of the aspects of how CISOs can maintain the level of cybersecurity that their organzations need to sustain attacks.
The COVID-19 crisis has posed an unparalleled challenge for cybersecurity. Like COVID-19, cyberattacks spread fast and far - creating more and more damage. But the pandemic has also had a positive impact on the cybersecurity function, which Tarun Kumar, CISO at Nissan, describes here.
Merger and acquisition activity picked up in September with BitSight, Tenable and Mastercard, all making deals. Moody's became BitSight's largest shareholder after making a $250 million investment in the company.
Key challenges from the recent State of Cybersecurity 2021 report include "integrating risk with maturity and keeping up with industry trends," says Jenai Marinkovic, member of the ISACA Emerging Trends Working Group.
Despite these financial headwinds, new ways are emerging for FIs to differentiate on the quality of fraud prevention and outreach they can provide to customers.
Initial access brokers continue to sell easy access to networks. Given the uptake of such access by ransomware operations over the past year, one surprise is that relatively few individuals appear to be serving as brokers, which, of course, makes them an obvious target for law enforcement authorities.
What's up with REvil? Questions have been mounting since the notorious ransomware operation went quiet on July 13, not long after unleashing a mega-attack via remote management software vendor Kaseya's software. The Biden administration has welcomed REvil's online shutdown but says it doesn't know the cause.
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.
A cybercrime forum seller advertised "a full dump of the popular DDoS-Guard online service" for sale, but the distributed denial-of-service defense provider, which has a history of defending notorious sites, has dismissed any claim it's been breached. What's the potential risk to its users?
Ransomware-wielding criminals continue to hone their illicit business models, as demonstrated by the strike against customers of Kaseya. A full postmortem of the attack has yet to be issued, but one question sure to be leveled at the software vendor is this: Should it have fixed the flaw more quickly?
The saga around how scores of aging Western Digital NAS devices were remotely erased has deepened with the discovery of a new, unknown software vulnerability. The situation underscores the problems of still-used devices that have been abandoned by manufacturers.
The code used to build copies of Babuk ransomware - to infect victims with the crypto-locking malware - has been leaked, after someone posted the software to virus-scanning service VirusTotal. Whether the leak was intentional - perhaps a rival gang seeking to burn the operation - remains unclear.
The global law enforcement "Anom" honeypot operation racked up impressive statistics for the number of criminals tricked into using the encrypted communications service. Psychology was at play: Officials say users flocked to the service after they disrupted rivals EncroChat and Sky Global.
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