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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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Bank Info Security 3 months, 2 weeks ago

Breach Roundup: Feds Confirm 'Major' Hack of FBI System

Also, Lloyds Data Leak, Dutch Treasury Breach, Citrix Bug Exploit, Pay2Key ActivityThis week, Lloyds data leak hits 450K, Dutch treasury breach, Citrix flaw exploited, Iran-linked ransomware ops, TrueConf zero-day, Russian fraud ring sentenced, Romania targeted, patch gaps persist, and U.S. hospital breach affects 257K.

Bank Info Security 3 months, 2 weeks ago

State AG Sues Change Healthcare in 2024 Ransomware Attack

Iowa Seeking Civil Monetary Fines, Damages for Alleged ViolationsIowa's state attorney general is seeking financial damages, civil penalties and improvements to UnitedHealth Group's data security practices for alleged violations of state and federal laws and other claims involving the 2024 ransomware attack on its Change Healthcare unit.

A new report from Halcyon finds that the group also puts more effort than usual into developing working decryptors, likely to incentivize businesses to pay up.  The post Akira ransomware group can achieve initial access to data encryption in less than an hour appeared first on CyberScoop.

Bank Info Security 3 months, 2 weeks ago

Simplify Security, Strengthen Recovery

Unified Platforms Reduce Risk, Cost From Ransomware and AI ThreatsLeaders must maximize existing infrastructure as ransomware and AI-driven threats raise costs and risk. In order to extract more value from current hardware, organizations must strengthen resilience through private cloud architectures, improved storage efficiency and automated recovery.

Bank Info Security 3 months, 2 weeks ago

National Cyber Resilience Demands Unified Defense

UK NCSC's Richard Horne on Strengthening Cyber Defense and Incident ResponseCyber risk is rising as digital dependence grows and threat actors expand. NCSC CEO Richard Horne outlines why leaders must treat cybersecurity as mission-critical, strengthen their resilience, and align defense efforts to counter ransomware, AI-driven threats, and supply chain attacks.

Bank Info Security 3 months, 2 weeks ago

National Cyber Resilience Demands Unified Defense

UK NCSC's Richard Horne on Strengthening Cyber Defense and Incident ResponseCyber risk is rising as digital dependence grows and threat actors expand. NCSC CEO Richard Horne outlines why leaders must treat cybersecurity as mission-critical, strengthen their resilience, and align defense efforts to counter ransomware, AI-driven threats, and supply chain attacks.

Bank Info Security 3 months, 2 weeks ago

Global Cybercrime Investigations Gain Ground

Stan Duijf of Dutch National Police on Collaborative Law EnforcementGlobal law enforcement agencies are shifting tactics to disrupt ransomware earlier in the attack chain. Stan Duijf of the Dutch National Police describes how collaboration, threat intelligence and cryptocurrency seizures are making cybercrime more costly and less effective for criminals.