Currently, organizations are struggling to adjust to the new normal amidst the COVID-19 pandemic, a Bitglass survey reveals. 41% have not taken any steps to expand secure access for the remote workforce, and 50% are citing proper equipment as the biggest impediment to doing so. Consequently, 65% of organizations now enable personal devices to access…

New software enables existing sensors to detect ransomware

Engineers from SMU’s Darwin Deason Institute for Cybersecurity have developed software to detect ransomware attacks before attackers can inflict catastrophic damage. Ransomware is crippling cities and businesses all over the world, and the number of ransomware attacks have increased since the start of the coronavirus pandemic. Attackers are also threatening to publicly release sensitive data…

Attackers are using this time of crisis to go after victims with targeted campaigns. The biggest threats are phishing attacks related to COVID-19. Attackers are also setting up COVID-19-related domain names and enticing people to click on them. Anomali recently released a report that identified at least 15 distinct COVID-19-related campaigns associated with 11 threat…

Ransomware is arguably the most significant cybercrime innovation in recent history. The ransomware business model is so effective that it is now the most common and devastating threat to organizations of all sizes. As a provider of cyber insurance, we have the misfortune of responding to ransomware attacks across tens of thousands of organizations, and…

Between late March and mid-April 2020, IBM X-Force Incident Response and Intelligence Services (IRIS) uncovered a phishing campaign targeting small businesses that appears to originate from the U.S. Government Small Business Administration (SBA.gov). The emails, which contain subjects and attachments related to the need for small businesses to apply for disaster relief loans or provide…

The only thing worse than getting hit with a cyberattack is getting hit with a cyberattack and not having a strong security incident response plan in place. Sophisticated Advanced Persistent Threat (APT) attacks are typically aimed at high-value targets like credit card companies, banks, retailers, healthcare facilities and hotel chains that store large volumes of…

As US citizens wait for President Trump’s final decision about whether quarantine will be over by Easter, malware peddlers have already “decided”: quarantine will be prolonged until August 2020. Phishing emails point to malware Researchers with anti-phishing startup Inky have spotted two phishing emails purportedly coming from the White House, “signed” by President Trump. Both…