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Latest coverage for Ransomware

Ransomware encrypts or steals data to disrupt operations and extort victims, making backups, access controls, and incident response essential.

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Ransomware is malware used to deny access to systems or data, usually by encrypting files and demanding payment for decryption. Many operations also steal sensitive information and threaten to publish it, so an attack can create both an availability crisis and a privacy or disclosure risk. Initial access may involve phishing, stolen credentials, exposed remote services, or exploitation of unpatched vulnerabilities; attackers may then move through the network before deploying the payload.

Defenses should combine vulnerability management, phishing-resistant authentication where practical, endpoint and network monitoring, and backups that are isolated from routine administrator access and regularly tested for recovery. Organizations should also limit privileges and segment critical systems to reduce the blast radius. An incident requires rapid containment, preservation of forensic evidence, restoration from known-good backups, and assessment of notification, legal, and regulatory obligations. Threat intelligence can help identify relevant criminal infrastructure or tactics, but it does not replace sound access control, patching, detection, and recovery practices.

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Experts Suspect Scattered Spider Is Behind Rash of Recent Insurer BreachesAflac is the latest insurance company dealing with a cyberattack. The company is investigating a cyber incident that did not involve ransomware encryption of its IT systems, but did potentially compromise data. Experts suspect Scattered Spider is behind the recent rash of insurance incidents.

Also: CISA's Leadership Crisis; Why AI's Confident Errors Demand Urgent OversightIn this week's update, four editors with ISMG discussed Anubis ransomware's puzzling shift to data wiping malware, the leadership vacuum and budget uncertainty at CISA and growing concerns about how artificial intelligence tools are making confident mistakes that demand human oversight.

Erie Insurance and Philadelphia Insurance Still Recovering From Separate AttacksStatements by Erie Indemnity Co. and Philadelphia Insurance Companies indicate that voluntary decisions to disconnect their systems from the network - not ransomware encryption - have disrupted operations over the past 10 days since the carriers were hit with separate cyberattacks.

Erie Insurance and Philadelphia Insurance Still Recovering From Separate AttacksStatements by Erie Indemnity Co. and Philadelphia Insurance Companies indicate that voluntary decisions to disconnect their systems from the network - not ransomware encryption - have disrupted operations over the past 10 days since the carriers were hit with separate cyberattacks.

Also, Researchers Exploit Tesla Wall Connector Via Charging CableThis week: Chinese Salt Typhoon hackers hit Viasat, researchers hacked a Tesla charger, Sitecore CMS flaws, Krispy Kreme disclosed hacking damage, Archetyp Market taken down. Episource disclosed a ransomware hack and Spain ruled out cyberattack for the April Iberian blackout.

33-Year-Old Foreign National Accused of Spreading Ryuk and Other RansomwareA suspected initial access specialist for a ransomware-wielding group is being extradited from Ukraine to the United States to stand trial. The group has been accused of earning over $100 million in ransom by using malware such as Ryuk, Dharma and Hive against more than 2,400 organizations.

Bank Info Security 1 year, 1 month ago

Report: Next-Gen 911 Systems are Outpacing Cyber Defenses

Research Shows Next-Generation 9-1-1 Ecosystems Lack Critical Cyber ProtectionsA report from telecom firm Intrado warns that cybersecurity safeguards are lagging behind the rapid deployment of next-generation 911 systems, exposing the emergency ecosystem to attacks ranging from VoIP floods to ransomware amid growing reliance on cloud-based and IP-connected technologies.

Move Raises Possibility Group Isn't Just Marketing Its Malware to CriminalsUp-and-coming ransomware group Anubis has tweaked its malware to irrevocably wipe victims' data - an unusual tactic from hackers whose typical corrupt bargain is restored data in exchange for extortion money. Why would a ransomware attacker seeking leverage in negotiations ever do this?