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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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Commitments include international wallet info sharing, KYC requirements, and an AML crackdown The White House's second International Counter Ransomware Initiative summit has concluded, and this year the 36-nation group has made clear it intends to crack down on how cryptocurrencies are used to finance ransomware operations.…

As cyber threats ramp up, businesses and organizations will be hoping for more than platitudes The White House has begun its second annual International Counter Ransomware Summit in which Biden administration officials will convene with representatives of three dozen nations, the EU, and private business to discuss the growing threat posed by data-destroying cyber attacks.…