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GUEST ESSAY: The drivers behind persistent ransomware — and defense tactics to deploy

The Last Watchdog

The internet has drawn comparisons to the Wild West, making ransomware the digital incarnation of a hold-up. The technology industry has met the dramatic rise in ransomware and other cyber attacks with an impressive set of tools to help companies mitigate the risks. Ransomware usually starts with a phishing email. Prevalence.

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US GOV OFFERS A REWARD OF UP TO $15M FOR INFO ON LOCKBIT GANG MEMBERS AND AFFILIATES

Security Affairs

government offers rewards of up to $15 million for information that could lead to the identification or location of LockBit ransomware gang members and affiliates. According to the press release published by the Department of State , the Lockbit ransomware operators carried out over 2,000 attacks against victims worldwide since January 2020.

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More details about Operation Cronos that disrupted Lockbit operation

Security Affairs

Law enforcement provided additional details about the international Operation Cronos that led to the disruption of the Lockbit ransomware operation. Yesterday, a joint law enforcement action, code-named Operation Cronos , conducted by law enforcement agencies from 11 countries disrupted the LockBit ransomware operation.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 Ransomware. Ransomware is the fastest-growing trend. Ransomware attacks can also threaten to release sensitive information.

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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. Obtain cybersecurity expertise to properly understand and evaluate cyber risk.

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List of data breaches and cyber attacks in July 2019 – 2.2 billion records leaked

IT Governance

Two Puerto Rico hospitals report ransomware attacks (520,000). Alabama-based school says its systems have been wiped out, but won’t confirm whether ransomware is to blame (unknown). Steel plant Blastech becomes second Mobile-based organisation to be hit by ransomware this month (unknown). Ransomware. J’Syracuse?

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The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

Glosbe dictionary exposes almost 7 million records The multilingual online dictionary Glosbe left a MongoDB instance unsecured last year, exposing nearly 7 million users’ information, including personal data, encrypted passwords and social media identifiers. Source (New) Professional services Netherlands Yes 28.3