The author discusses his company’s first-hand account of ransomware that hit the organization and how they navigated this difficult situation that many enterprises have found themselves in.
Domestic critical infrastructure is arguably now more at risk than at any point in living memory, and certainly in a peacetime context. As a consequence of the pandemic, there have been multiple attacks on electricity grids, water systems and energy organizations, election locations, and newly distributed enterprises. What is the best way to go about protecting what is at risk?
Digital Shadows released research on the most popular items for sale on the dark web this holiday season – this one is shaping up to be different than any before with many consumers turning to online shopping instead of brick and mortar.
Lookout, Inc. announced the discovery of Goontact, a new spyware targeting iOS and Android users in multiple Asian countries. Uncovered by the Lookout Threat Intelligence team, Goontact targets users of illicit sites and steals personal information stored on their mobile devices. Evidence shows these sextortion scams are affecting Chinese-, Japanese- and Korean-speaking people. Goontact may also be operating in Thailand and Vietnam. Lookout discovered evidence the campaign may have been active since 2018 and is still active today.
The coronavirus pandemic has sparked a new round of digital transformation. But in many cases, the rapid pace of digital acceleration has enlarged the digital footprint of both businesses and consumers beyond the capacity of our cybersecurity infrastructure to keep up. The scary reality is that the business impact of COVID-19 may be creating the perfect storm for a cybercrime pandemic; digital citizens will have to act aggressively to secure their data before it’s too late.
Mobile devices are part and parcel of today’s increasingly distributed workforce. Laptops, smartphones, and tablets are provisioned by enterprises to increase employee productivity, while providing flexibility to work remotely. But when the pandemic struck, security teams across industries were challenged by the unprecedented speed and scale of the shift. This disruption created great strain for IT security teams. Pair that with the increase in employee BYOD devices, already-overworked IT teams raced to ensure only authorized devices could connect to corporate assets.
The Port of Los Angeles is creating a Port Cyber Resilience Center (CRC) that will help protect the organization's supply chain from cyber-related breaches. The CRC will be a maritime Security Intelligence and Operations Center (SIOC) to automate threat collaboration and extend its reach beyond traditional maritime stakeholders to Port stakeholders that are more broadly involved in cargo flow, such cross-sector companies.
COVID-19 has caused havoc on the schools across the U.S. In the spring, school districts did whatever they could to provide the tools to students to get through the end of the school year. As schools are starting up around the country this month and next month, the challenge school IT departments are having is how to secure all of the devices distributed to students. Here, we talk to Jake Kouns, CEO and CISO for Risk Based Security, where he leads the company’s technology strategy and is responsible for product vision and leadership in the security industry.
The U.S. Department of the Treasury has placed businesses on notice that payment of ransoms to certain cyberattackers could get a company in trouble under U.S. sanctions laws and regulations for helping to finance sanctioned organizations. Sanctions violations carry significant civil and criminal penalties, as well as reputational and other risks. So how should your company handle ransomware?
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