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Williams Dr. Darren Williams , CEO, BlackFog Lesser-known ransomware groups like Hunters International will grow rapidly, leveraging AI for more efficient attacks, while “gang-hopping” by cybercriminals complicates attribution and containment. This empowers them to proactively prioritize what matters most. The hard part?
The movie starts on the outskirts of a jungle and the CISO (Arnie) with his team land in their helicopters. This is a perfect metaphor for how a CISO operates in day to day situations. It represents a struggle many CISO’s around the world face. Don’t believe me? Well read on. This was a stroke of genius.
The financial technology firm Finastra is investigating the alleged large-scale theft of information from its internal file transfer platform, KrebsOnSecurity has learned. In March 2020, Finastra suffered a ransomware attack that sidelined a number of the company’s core businesses for days.
To wrap up our 2024 year-end roundtable, we turn our attention to new technologies and trends that are emerging to help bridge the gaps. FIPS-203 enables legal PQC deployment, prompting CISOs to overhaul encryption strategies. We can expect security teams feeling pressure to adopt new technology quickly.
In 2021, law enforcement continued making a tremendous effort to track down, capture and arrest ransomware operators, to take down ransomware infrastructure, and to claw back ransomware payments. These transformations for ransomware groups will become the source of new attacks. The ascendency of CISOs.
As ITDMs, CISOs and cyber risk owners this is our dream scenario, and he got me thinking. It’s a subtle shift in focus, and requires a fundamental change in how we, as ITDMs, CISOs and cyber risk owners view and action resilience—not as a one-time project, but as an ongoing programme that provides strategic advantage.
Insights from our new Advisory CISO, Helen Patton. If there’s anyone who’s been put through their paces in the security industry, it’s Helen Patton , our new Advisory Chief Information Security Officer (CISO). Helen has come to Cisco from The Ohio State University, where she served as CISO for approximately eight years.
Spy”-type cyberspace race as both criminals and defenders vie to gain the upper hand using new and emerging technologies. Every technology that enables our cyber teams to pinpoint and resolve threats and prevent attacks more quickly and accurately also benefits cybercriminals. We call these threat actors “ Quasi-APTs.”.
With this in mind, Last Watchdog sought commentary from technology thought leaders about what the CrowdStrike outage says about the state of digital resiliency. Implementing zero trust across the entirety of the technology stack would go a long way toward increasing resilience against events like this. Time will tell.
Ransomware attacks have been in the public eye for quite a while now. Growth is propelled not only by the surge in the number of cybercrime groups specializing in ransomware, but to a large extent, also by the continual increase in attack sophistication. A few years ago, very few CISOs thought that storage & backups were important.
Ransomware is wreaking havoc. Ransomware is making its way outside the cybersecurity space. Most people probably know what ransomware is (if not, go here ). Ransomware is now everyone’s problem – from governments to corporations and even individuals. Why is ransomware so dangerous, especially now? What can we do?
Pondurance CISO Dustin Hutchison joins me to talk about how companies can operationalize MDR within their environment. The post Spotlight: Operationalizing MDR with Pondurance CISO Dustin Hutchison appeared first on The Security Ledger with Paul F. Dustin Hutchison is CISO at Pondurance. Click the icon below to listen.
Pondurance CISO Dustin Hutchison joins me to talk about how companies can operationalize MDR within their environment. The post Spotlight: Operationalizing MDR with Pondurance CISO Dustin Hutchinson appeared first on The Security Ledger with Paul F. Dustin Hutchinson is CISO at Pondurance. Click the icon below to listen.
As CISOs embark on their transformational journeys, identifying these areas of weakness should be the top priority. This has led to CISOs shifting how they approach protecting the corporate perimeter with additional controls and monitoring tools being used to scan any access to the network. Cloud dominance .
Key cybersecurity provisions Securing communications networks Five billion dollars is allocated to help local telecommunications providers replace potentially insecure Chinese technology (e.g., Nation-states harboring ransomware actors are now classified as hostile foreign cyber actors. Huawei and ZTE equipment ).
This week, Brazil’s Superior Court of Justice has temporarily shut down its operation following a ransomware attack during judgment sessions. Two days after the ransomware attack took place, the Superior Court of Justice systems are still offline. ” reads the CISO Advisor. At this time, the STJ website remains down.
Ideally, “organizations had crisis management programs activated a year ago,” said Andrew Turner, senior vice president in Booz Allen’s cybersecurity services, bringing together human resources, security teams, technology, and executive management. A second, more nuanced problem relates to technology. New tech, new people.
Today’s columnist, Aviv Grafi of Votiro, says companies need stronger, more proactive tools, and must give CISOs a seat at the table –or else we’ll have more major attacks like the ones on SolarWinds, Microsoft Exchange, Colonial Pipeline, and now Kaseya. ecooper99 CreativeCommons CC BY 2.0. Guess what? They’re not.
Third-party security, ransomware , artificial intelligence (AI) and decentralized finance (DeFi) are some of the threats you can expect to see more of this year – with the potential for far worse results than we’ve seen in the past. Ransomware and Critical Infrastructure Attacks Get Worse. AI Attacks Lead to Regulation.
Ransomware continues to dominate the headlines. executives say ransomware currently poses a “major concern” to their organization. One of the top cyber threats currently affecting companies is called ‘phishing’, in which a threat actor poses as a legitimate business colleague but follows up with a ransomware attack.
Information security has a foundation of governance, in the form of acceptable use policies and many others, that direct and govern what people can and can’t do with the technology that is in place at an organization. Availability gets a lot of attention these days, usually when the topic of ransomware comes up.
We recently had the chance to discuss the top trends prediction for 2023 issued by Gartner and what these may mean for CISOs. Through 2025, 30% of nation-states will pass legislation that regulates ransomware payments, fines and negotiations. CISOs need to be aware of the pressures that may come from inside the business.
CISOs report a growing focus on managing AI-generated vulnerabilities and addressing insider threats amplified by the misuse of advanced AI tools. Some key insights from the survey: Ransomware and phishing remain top threats, but AI-generated attacks are rapidly gaining ground. Promote the CISO's role in digital transformation.
But now, WestRock, America's second largest packaging company, says its network and production are disrupted because of a ransomware attack. The WestRock Company announced on January 23 that it had detected a ransomware incident which may have a material impact on earnings. WestRock ransomware incident.
Ransomware attacks are a pervasive and ongoing threat to organizations worldwide, costing billions in damages and operational downtime. For CISOs, security leaders, and SOC teams, the challenge is not just in preventing these attacks, but in detecting them as early as possible in the kill chain, before they can cause real damage.
Although cybercrime as a whole has seen a rise during the pandemic, arguably ransomware has been one of the more successful and lucrative attack types. Our own research report, the State of Encrypted Attacks Report 2020 , found that there had been a 500 per cent rise in ransomware compared to 2019. Security hygiene is the best defence.
The LockFile ransomware family has made an impression in the relatively short amount of time it’s been around. Among the methods is what is known as intermittent encryption , which helps the ransomware evade detection by making an encrypted document look very similar to the unencrypted original. Such ransomware as LockBit 2.0,
Yet given the evolving IT environment, CISOs, sysadmins, and IT security teams are struggling to protect their networks. Some 31 percent of respondents to a recent ESG survey pointed to misconfigurations as the initial point of compromise for a successful ransomware attack.
There are several methods of active defense that companies can utilize to safeguard their networks, and it’s time for CISOs to start picking. As you can see, when it comes to ransomware and other sophisticated threats, stopping lateral movement is the name of the game. But you can fight back.
ESXi ransomware targeted thousands of VMware servers in a global-scale campaign, security experts and international CERTs warn. Thousands of computer servers have been targeted by a global ransomware hacking attack targeting VMware (VMW.N) ESXi servers. “The attack is primarily targeting ESXi servers in versions before 7.0
Just three days after the Cybersecurity and Infrastructure Security Agency (CISA) warned of ransomware attacks over holiday weekends , Howard University was hit with one over Labor Day weekend. Communication of a ransomware attack. Join the upcoming SecureWorld Remote Sessions webcast, Your Ransomware Hostage Rescue Guide.
Seen here, Comparitech’s ransomware map. Human-powered gangs remain the most dangerous and insidious threat on the ransomware front, but a newly introduced map feature serves as a reminder that there is still a wide array of automated campaigns designed to serve up ransomware as well.
Cybercrime is big business as global losses to ransomware are projected to reach $42 billion within the next two years.The economic sanctions that many nations have put in place to influence Russia will most likely trigger an increase in the illicit business of cybercrime to help offset losses to what was legitimate trade.
The headlines are disturbing: Breach of patient records ; Surgeries and appointments cancelled due to IT outage ; and even, Death attributed to ransomware attack on hospital. Knowing what Information Technology (IT) hardware exists is a good place to start (servers, laptops, desktops, tablets, etc.). Create an asset inventory.
The worldwide cost of ransomware attacks is predicted to reach $20 billion by 2021. Ransomware targets everyone: individual users, small businesses, enterprise environments, and even government organizations. Ransomware strains get more and more evasive, which allows them to avoid getting detected by most antiviruses.
This year we saw the reemergence of old vectors: from ransomware & trojans, to supply chain attacks. With the addition of Kenna Security into our program we now have over 250 technology partners and over 400 integrations for our mutual customers to utilize. Kenna has a healthy 3rd Party ecosystem of technology partners.
IDC recently had the opportunity to talk to CISOs regarding the integration of Cisco Secure Workload and Secure Firewall. According to the CISOs, “For organizations like hospitals that have IoT devices and new technologies, it’s going to be hard to wrap policies around all those devices.
Cyber risk remains top of mind for business leaders A regular January fixture, the World Economic Forums Global Risk Report 2025 features two technology-related threats among the top five risks for the year ahead and beyond. Februarys Change Healthcare ransomware attack led to 100 million data breach notices being sent.
Okumu lived through the ransomware attack on the City of Baltimore in 2018, which affected 90% of the municipality’s applications. As the then-director of IT infrastructure for the city, he learned a lot of valuable lessons about defending against and recovering from a ransomware attack. It had started sometime between 4 a.m.
News of the breach was first reported by BleepingComputer on Monday, though DataBreaches.net had previously reported that the DarkSide ransomware group had listed Guess on their data leak site in April. It’s certainly possible that the reported ransomware and breach incidents may be linked.
But SecureWorld did just that on October 13th when we spoke with Theresa Payton on the topic of "Ransomware: Malware as an Ongoing Email Issue." Payton was joined by Abnormal Security CISO Mike Britton. Why is ransomware a popular attack method? Payton said it's still prominent simply "because it works for ransomware syndicates.
The number-one reported motive for a cyber breach is financial gain, and ransomware 3.0 In Australia, the threat of ransomware attacks has been growing, with the Australian economy reportedly losing up to $2.59 In the final instalment of this series, we cover the rise of ransomware 3.0 The Rise of Ransomware 3.0
Just because the infamous REvil ransomware gang suddenly disappeared this week does not mean it's time to relax on the cybersecurity front. x firmware in an imminent ransomware campaign using stolen credentials. x firmware in an imminent ransomware campaign using stolen credentials. x firmware are past temporary mitigations.
And when malware, ransomware, or other cyber threats get in the way, the focus shifts from forward progress to focused co-operation. Business initiatives demand faster, more efficient outcomes and technology responds. When it comes down to it, C-level goals and CISO initiatives are not all that misaligned.
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