Security Affairs

JUNE 15, 2023

The LockBit ransomware group successfully extorted roughly $91 million from approximately 1,700 U.S. According to a joint advisory published by cybersecurity agencies, the LockBit ransomware group has successfully extorted roughly $91 million in about 1,700 attacks against U.S. organizations since 2020. organizations since 2020.

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Ransomware Cybersecurity Agriculture Education 98

The Last Watchdog

SEPTEMBER 7, 2022

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.

Ransomware 124

Ransomware Education Phishing Financial Services 124

Security Affairs

DECEMBER 2, 2022

Cuba ransomware gang received more than $60 million in ransom payments related to attacks against 100 entities worldwide as of August 2022. The threat actors behind the Cuba ransomware (aka COLDDRAW, Tropical Scorpius ) have demanded over 145 million U.S. “Since spring 2022, Cuba ransomware actors have expanded their TTPs.

Ransomware 100

Ransomware Financial Services Manufacturing Phishing 100

Security Affairs

FEBRUARY 19, 2024

An international law enforcement operation codenamed ‘Operation Cronos’ led to the disruption of the LockBit ransomware operation. A joint law enforcement action, code-named Operation Cronos, conducted by law enforcement agencies from 11 countries has disrupted the LockBit ransomware operation. on January 5, 2020.

Energy and Utilities 135

Energy and Utilities Ransomware Agriculture Financial Services 135

Krebs on Security

FEBRUARY 9, 2023

Authorities in the United States and United Kingdom today levied financial sanctions against seven men accused of operating “ Trickbot ,” a cybercrime-as-a-service platform based in Russia that has enabled countless ransomware attacks and bank account takeovers since its debut in 2016. Image: Microsoft.

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Ransomware Government Cybersecurity Blockchain 208

Security Affairs

MARCH 8, 2022

The US FBI warns that the Ragnar Locker ransomware gang has breached the networks of at least 52 organizations from multiple US critical infrastructure sectors. “RagnarLocker ransomware actors work as part of a ransomware family, frequently changing obfuscation techniques to avoid detection and prevention.”

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Ransomware Passwords Financial Services Manufacturing 106

Security Affairs

OCTOBER 19, 2023

An international law enforcement operation shuts down the infrastructure of the Ragnar Locker ransomware operation. Law enforcement from the US, Europe, Germany, France, Italy, Japan, Spain, Netherlands, Czech Republic, and Latvia conducted a joint operation that led to the seizure of the Ragnar Locker ransomware’s infrastructure.

Ransomware 139

Ransomware Financial Services Manufacturing Government 139

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. However, all this attention from cyber criminals, as well as regulators and governments, has produced an extremely resilient industry with some of the best cyber security practices of any sector. Thu, 09/01/2022 - 05:15.

Financial Services 62

Financial Services Cybersecurity Cloud Computer and Electronics 62

Security Affairs

NOVEMBER 20, 2021

banking regulators this week approved a rule that obliges banks to report any major cybersecurity incidents to the government within 36 hours of discovery. Major cybersecurity incidents are attacks that impact operations of the victims or the stability of the US financial sector. Follow me on Twitter: @securityaffairs and Facebook.

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Cybersecurity Financial Services Insurance Ransomware 145

Security Affairs

FEBRUARY 21, 2024

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. LockBit ransomware attacks have resulted in ransom payments exceeding $144 million for recovery. ” reads the press release published by the U.S.

Energy and Utilities 133

Energy and Utilities Ransomware Agriculture Manufacturing 133

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

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Ransomware Encryption Insurance Cloud 97

Security Affairs

DECEMBER 26, 2023

Resecurity, a Los Angeles-based cybersecurity company protecting Fortune 100 and government agencies worldwide, has compiled a comprehensive forecast outlining the imminent threats and novel security challenges anticipated in the upcoming year. Cybersecurity company Resecurity has published the 2024 Cyber Threat Landscape Forecast.

Energy and Utilities 138

Energy and Utilities Artificial Intelligence Ransomware Data breaches 138

Data Matters

FEBRUARY 10, 2021

On February 4, 2021, the New York Department of Financial Services (NYDFS) issued Circular Letter No. Lacewell stated that cybersecurity is the biggest risk for government and private organizations and described how the Framework is based on “extensive dialogue with industry and experts.”. Background. The Framework. 1 See W.B.

Insurance 79

Insurance Financial Services Cybersecurity Risk 79

Data Matters

MAY 4, 2022

He has served as the lead lawyer advising on the legal response on operationally impactful malware for a number of Fortune 500 entities, and led the incident response, associated investigations and litigations for several companies impacted by the Notpetya malware incident and recent large-scale ransomware incidents.

Cybersecurity 167

Cybersecurity Marketing Security Privacy 167

Data Matters

JANUARY 28, 2022

The advisory was promptly endorsed by the National Cyber Security Centre, a division of Government Communications Headquarters (“GCHQ”), a UK intelligence agency. government, especially in light of ongoing tensions between the U.S. This is an important public action by the U.S. and Russia in Ukraine.

Cybersecurity 157

Cybersecurity Financial Services Authentication Government 157

Security Affairs

SEPTEMBER 9, 2023

The Ragnar Locker ransomware gang added Israel’s Mayanei Hayeshua hospital to the list of victims on its Tor leak site The Ragnar Locker ransomware gang claimed responsibility for an attack on Israel’s Mayanei Hayeshua hospital.

Ransomware 133

Ransomware Phishing Encryption Privacy 133

Hunton Privacy

NOVEMBER 23, 2022

On November 9, 2022, the New York Department of Financial Services (NYDFS) released its second, proposed amendments to the Part 500 Cybersecurity Rule. Any cybersecurity event that affects a third-party service provider that also affects the covered entity. Cybersecurity Governance.

Financial Services 55

Financial Services Cybersecurity Ransomware Compliance 55

Security Affairs

JUNE 6, 2024

The FBI is informing victims of LockBit ransomware it has obtained over 7,000 LockBit decryption keys that could allow some of them to decrypt their data. The FBI is inviting victims of LockBit ransomware to come forward because it has obtained over 7,000 LockBit decryption keys that could allow them to recover their encrypted data for free.

Energy and Utilities 137

Energy and Utilities Ransomware Agriculture Encryption 137

Hunton Privacy

JULY 1, 2022

On June 24, 2022, the New York State Department of Financial Services (“NYDFS” or the “Department”) announced it had entered into a $5 million settlement with Carnival Corp.

Cybersecurity 115

Cybersecurity Insurance Phishing Financial Services 115

Security Affairs

FEBRUARY 20, 2024

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.

Energy and Utilities 133

Energy and Utilities Ransomware Manufacturing Agriculture 133

Security Affairs

DECEMBER 17, 2023

CISA and ENISA enhance their Cooperation CISA adds Qlik bugs to exploited vulnerabilities catalog Report: 2.6

Security 124

Security Data breaches Ransomware Artificial Intelligence 124

IT Governance

JULY 31, 2019

Croatian government targeted by mysterious hackers (unknown). 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). Ransomware. School District blames ransomware for power outage (unknown).

Data breaches 111

Data breaches Ransomware Personal data Government 111

Security Affairs

JANUARY 5, 2020

Synoptek, A California-based IT service provider decided to pay the ransom to decrypt its files after being infected with the Sodinokibi ransomware. Synoptek, a California-based provider of IT management and cloud hosting services paid the ransom to decrypt its files following a Sodinokibi ransomware attack.

IT 97

IT Ransomware Financial Services Retail 97

The Last Watchdog

SEPTEMBER 24, 2024

Online credit bureaus, like Equifax, Experian, and TransUnion, often see an uptick in new users after breaches because consumers realize the potential risks to their financial well-being and identity. Governments can create a digital identity at birth to replace SSN in its current use. That identity is tied to specific vendors.

Authentication 216

Authentication IT ROT Compliance 216

Data Matters

OCTOBER 8, 2020

individuals and businesses comply with ransomware payment demands. Ransomware attacks use malware, often injected through phishing schemes, to encrypt a victim’s data files or programs, followed by a ransom demand by the threat actor that offers the decryption key in exchange for payment. sanctions law violations if U.S.

Ransomware 68

Ransomware Compliance Risk Government 68

Hunton Privacy

AUGUST 15, 2022

On July 29, 2022, the New York Department of Financial Services (“NYDFS”) posted proposed amendments (“Proposed Amendments”) to its Cybersecurity Requirements for Financial Services Companies (“Cybersecurity Regulations”). The risk assessments required by Section 500.9

Financial Services 55

Financial Services Cybersecurity Risk Passwords 55

eSecurity Planet

NOVEMBER 17, 2022

Also read : Is the Answer to Vulnerabilities Patch Management as a Service? Ransomware is the most feared cybersecurity threat, and with good reason: Its ability to destroy and steal data is almost without peer. Continuous pentesting and ransomware simulations are among Airiam’s many controls. Backup Is Hard. Really Hard.

Cloud 117

Cloud Ransomware Encryption Cybersecurity 117

Krebs on Security

NOVEMBER 14, 2024

net that paid people to click on ads for Russian government employment opportunities. In February, he and Ermakov were arrested on charges of operating a short-lived ransomware affiliate program in 2021 called Sugar (a.k.a. Shefel claims his Sugar ransomware affiliate program was a bust, and never generated any profits.

Retail 234

Retail Ransomware Marketing Healthcare 234

eSecurity Planet

JUNE 16, 2022

Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 These new attacks affect everything from private citizens and businesses to government systems; healthcare organizations; public services; and food, water, and fuel supply chains. Ransomware. Ransomware is the fastest-growing trend. Mobile attacks.

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Ransomware Cybersecurity Phishing Encryption 142

The Last Watchdog

MAY 1, 2019

Lucy’s’s software allows companies to easily set-up customizable mock attacks to test employees’ readiness to avoid phishing, ransomware and other attacks with a social engineering component. Customers in financial services, energy, government, healthcare and manufacturing sectors are using its testing and training modules.

Phishing 166

Phishing Financial Services Manufacturing Education 166

Schneier on Security

JANUARY 31, 2024

The rules would ensure people can obtain their own financial data at no cost, control who it’s shared with and choose who they do business with in the financial industry. The best way for financial services firms to meet the CFPB’s rules would be to apply the decoupling principle broadly.

Financial Services 119

Financial Services Privacy Personal data Marketing 119

IBM Big Data Hub

NOVEMBER 7, 2023

Securing sensitive data in an evolving landscape Advancements like those in AI and quantum computing can pose new challenges to customers, especially those in highly regulated industries such as financial services, healthcare, telecommunications and more.

Cloud 82

Cloud Financial Services Security Compliance 82

The Last Watchdog

SEPTEMBER 23, 2019

Tech consultancy IDC recently estimated that global spending on security-related hardware, software and services is growing at a compound annual growth rate of 9.2% As I came to understand it, this new approach leverages multi-factor secret sharing algorithms previously only used by government entities. billion by 2022.

Security 159

Security Encryption Compliance Data breaches 159

The Last Watchdog

SEPTEMBER 10, 2019

million and grown to 42 employees, winning customers in leading media firms, financial services companies and government agencies in the Nordics. Here are my key takeaways: Formula for poor practices Launched in 2017, Baffin Bay has attracted VC funding of $6.4

Cloud 171

Cloud Security Digital transformation Financial Services 171

Thales Cloud Protection & Licensing

OCTOBER 24, 2024

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.

Cybersecurity 62

Cybersecurity Financial Services Encryption Compliance 62

Security Affairs

NOVEMBER 16, 2020

The group is considered responsible for the massive WannaCry ransomware attack, a string of SWIFT attacks in 2016, and the Sony Pictures hack. The attackers are attempting to exploit the need to install additional security software when South Korean users visit government or financial services websites. .

Financial Services 109

Financial Services Government Security Phishing 109

Security Affairs

APRIL 6, 2023

A digital identification tool provided by OCR Labs to major banks and government agencies leaked sensitive credentials, putting clients at severe risk. Its services are used by companies and financial institutions including BMW, Vodafone, the Australian government, Westpac, ANZ, HSBC, and Virgin Money.

IT 98

IT Financial Services Access Risk 98