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.
Crisis communications: If your organization suffers a ransomware outbreak - despite its best cybersecurity efforts - is it ready to respond quickly and transparently? Experts have lauded the Scottish Environment Protection Agency for its response, saying it's a model for other victims to emulate.
The now-defunct Ziggy ransomware gang is reportedly offering to return the ransoms it collected, but some security experts question whether the offer is legitimate or a publicity stunt.
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.
Check Point Research says it has spotted more than 50,000 ransomware attack attempts worldwide so far against unpatched on-premises Microsoft Exchange email servers.
The zero-day attacks against Accellion's File Transfer Appliance show that a number of big-name firms continued to use the legacy technology - even though more secure, cloud-based options were available. Evidently, many CISOs didn't see a compelling reason to move on. Of course, now they do.
Ransomware is one of today’s most pervasive and dangerous cyberthreats. The latest ransomware attacks can quickly spread throughout a company, impairing user productivity and disrupting business. Research firm Cybersecurity Ventures predicts that the annual global cost of ransomware to businesses will top $20...
Ransomware attacks are ever evolving and more prevalent than before – directly disrupting business and causing reputational repercussions by making the headlines. Combined with the costs of lawsuits and fines, endpoint attacks cost large enterprises over $9 million. In a CyberArk survey of 1,000 IT security decision...
Researchers at Awake Security says at least one attack launched by the operators of Hades ransomware has a connection to the China-linked Hafnium group waging attacks on vulnerable Exchange servers.
Due to their unique ownership structure, for-profit law firms must balance targeted threats to their organization with a goal to minimize non-billable activity such as lengthy security procedures. This means cyber security can slip down the priority list until a breach occurs, exposing client data and sensitive market...
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.
Microsoft says ransomware activity against compromised on-premises Exchange servers remains limited, but it warns that organizations are far from out of the woods.
The FBI and the U.S. Department of Homeland Security have issued a warning about Mamba ransomware that uses a weaponized version of the legitimate, open-source encryption software DiskCryptor to lock victims out of their systems.
A previously unknown threat group is deploying Hades ransomware as part of an ongoing campaign that has already targeted three U.S. companies, Accenture's cyberthreat intelligence group reports.
The latest edition of the ISMG Security Report features an analysis of recent “tell-all” interviews with members of ransomware gangs. Also featured: insights on securing IoT devices and mitigating insider threat risks.
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