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News alert: SpyCloud accelerates supply chain risk analysis with new ‘IDLink’ correlation capability

The Last Watchdog

It powers rapid analysis of identity exposures across organizations, VIPs and supply chains, pattern of life analysis, threat actor attribution, insider risk analysis, financial crimes research, and more. About SpyCloud — SpyCloud transforms recaptured darknet data to disrupt cybercrime.

Risk 286
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Negotiating with Ransomware Gangs

Schneier on Security

Thus, the decision whether to pay or ignore a ransomware demand, seems less of a legal, and more of a practical, determination ­ almost like a cost-benefit analysis. The arguments for rendering a ransomware payment include: Payment is the least costly option; Payment is in the best interest of stakeholders (e.g.

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Akira ransomware gang used an unsecured webcam to bypass EDR

Security Affairs

The Akira ransomware gang exploited an unsecured webcam to bypass EDR and launch encryption attacks on a victim’s network. Cybersecurity researchers at S-RM team discovered a novel attack technique used by the Akira ransomware gang. Realizing EDR was active, they pivoted by scanning the network for vulnerable devices.

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Insurance and Ransomware

Schneier on Security

As ransomware becomes more common, I’m seeing more discussions about the ethics of paying the ransom. However, the most pressing challenge currently facing the industry is ransomware. Growing losses from ransomware attacks have also emphasised that the current reality is not sustainable for insurers either.

Insurance 343
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Healthcare Now Third-Most Targeted Industry for Ransomware

SecureWorld News

Ransomware attacks on healthcare organizations have sharply increased in 2024, as shown by recent research from Safety Detectives. Compared to 2023, healthcare providers are facing a higher frequency of ransomware incidents, impacting their ability to deliver essential services and protect sensitive patient data.

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Ghost Ransomware a Persistent Global Threat to Critical Infrastructure

SecureWorld News

The FBI, CISA, and MS-ISAC have issued a joint cybersecurity advisory warning organizations about Ghost (Cring) ransomware, a sophisticated cyber threat that has been compromising critical infrastructure, businesses, and government entities worldwide.

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Ransomware Victims That Pay Up Could Incur Steep Fines from Uncle Sam

Krebs on Security

Companies victimized by ransomware and firms that facilitate negotiations with ransomware extortionists could face steep fines from the U.S. While it may seem unlikely that companies victimized by ransomware might somehow be able to know whether their extortionists are currently being sanctioned by the U.S. Image: Shutterstock.