This is how you handle cybercrime digital extortion! Coinbase was compromised by trusted 3rd party partners, which exposed customer data — but customer keys to their assets were still safe. The cyber criminals then attempted to extort $20 million fro
Compromising the hardware layer, especially the CPU, is the Holy Grail of cyberattacks. Recent work by Christiaan Beek, a leading cybersecurity researcher at Rapid7, into developing a ransomware proof-of-concept that infects at the hardware layer, in
The PowerSchool data breach nightmare of 2024 doesn’t end. Here is a quick rundown to catch up, before I call out some key learnings:
In December 2024, PowerSchool was breached by ransomware attackers who claimed to have copied 62 million records, a f
Knights of Old, a 150-year-old UK company, is gone – due to a cyberattack! This terribly unfortunate event is a good example of how cybersecurity matters to every company that depends on digital technology - even if it is to run your books or manage
Ransomware payments are down according to Chainalysis, but it may be a little too early to celebrate.
The good news is that victims are realizing that paying the ransom only encourages more attacks and empowers the attackers to do greater harm, so pay
It is good to see US government leaders realize that ransomware is a growing existential threat to our country, at the hands of our adversaries.
A top US national cybersecurity advisor stated in a recent op-ed, “This is a troubling practice that must
Ransomware attacks are vicious, expensive, impactful, and becoming commonplace. So, let’s take a look at what Ransomware is, how attacks typically unfold, and what potential victims can do to improve their risk posture.
Watch the full video here: http
Ransomware is one of the most devastating challenges in cybersecurity today. The attacks are vicious, expensive, impactful, and becoming commonplace.
Over the years I have predicted its rise, discussed why it is so challenging, debunked myths like bla
Multiple U.S. government agencies have cautioned that the Black Basta ransomware group is actively targeting the healthcare sector along with 12 out of 16 critical infrastructure segments.
The FBI, CISA, and HHS issued an advisory on a Friday, re
The Cybersecurity Vault — episode 32, with guest Ian Thornton Trump.
In this episode, we discuss one of the most divisive and contentious topics in cybersecurity — should victims of ransomware be allowed to pay the cybercriminals?
With the continuing r
I couldn’t help myself, I had to rant about this! A ‘security research’ group is recommending against banning ransomware payments, which would eradicate these attacks from occurring, and instead want money to be spent on communications campaigns, gat
Law enforcement scores a win against one of the most prolific ransomware criminal groups, ALPHV/BlackCat! This truly is a #cybersecurity holiday gift for everyone across the digital world!
Such takedowns don't solve ransomware, but targeting the at
Ransomware attacks and payments are increasing, with most revenue going to Russian attackers. It is time to revisit outlawing Ransomware payments.
Some stats to hammer the situation home:
Sophos ransomware report indicates:
- Ransom attacks are more fre
Ransomware is a growing scourge. Is it possible to eradicate this entire class of attacks? I think it is but in today’s Cybersecurity Insights interview I have a lively debate with Malcolm Harkins on criminalizing ransomware payments and different ap
A new bill has been proposed to address Ransomware. Congressman Patrick McHenry recently introduced the Ransomware and Financial Stability Act of 2021.
I believe it is the right direction for undermining ransomware attac
