In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the importance of incident repose planning; the worldwide impact of the LOg4j flaw, which may lead to 2022 being the year of the SBOM; and the increasingly blurred line between conventional...
Russian authorities have arrested 14 individuals suspected of being part of the notorious REvil, aka Sodinokibi, ransomware operation. Russia's Federal Security Agency, the FSB, said it used intelligence provided by the U.S. to help identify the suspects.
The latest edition of the ISMG Security Report features an analysis of how attackers are distributing Night Sky crypto-locking malware to exploit Log4j vulnerabilities, lessons learned from Log4j and a security flaw that affects some Tesla-built vehicles.
Amid a surge in cryptocurrency investment - particularly across DeFi - blockchain experts warn that lax security was a main factor in $1.3 billion in cryptoassets being lost to hacks, exploits and scams in 2021. The losses, according to CertiK, rose from $500 million in 2020.
Attackers wielding Night Sky ransomware are among the latest groups that have been attempting to exploit critical vulnerabilities in widely used Apache Log4j software. Microsoft says that among other attacks, a China-based ransomware operator has been exploiting Log4j flaws in VMware Horizon.
The security world continues its fight against potential widespread exploitation of the critical remote code execution vulnerability - tracked as CVE-2021-44229 - in Apache's Log4j software library, versions 2.0-beta9 to 2.14.1, known as "Log4Shell" and "Logjam." This is a digest of ISMG's updates.
Cybersecurity in today's world is no longer primarily about the implementation of products or solutions. It is more about the analysis of behavior and the ecosystem. Krishnamurthy Rajesh of ICRA discusses the role of artificial intelligence and the need for collaboration among business functions.
The U.S. Cybersecurity and Infrastructure Security Agency, FBI and National Security Agency warn in a joint advisory that state-sponsored Russian attackers are actively exploiting and seeking to cause disruption to critical infrastructure, and it urges defenders to mitigate commonly seen attack vectors.
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The Cyberspace Administration of China's new regulation for companies that offer algorithm-based recommendation services has been met with caution. Some statements in the regulation, which is to go into effect on March 1, are vague enough to be abused, and confidentiality is also a concern.
Top U.S. cybersecurity leaders continue to warn against the peril of Apache Log4j vulnerabilities, confirming on Monday that hundreds of millions of devices worldwide are likely affected by the logging utility flaw, although the response, in terms of scope and speed, has been "exceptional."
The EU's law enforcement agency, Europol, has been ordered by a watchdog to not retain for longer than six months any personal data it stores pertaining to individuals who reside in the EU, unless it has ascertained that the individuals are tied to an investigation or criminal activities.
One common misconception about the mainframe is that ransomware poses no significant threat to it. Edward Shim of BMC Software dispels this myth and offers insight on how to shore up some of the mainframe's inherent weaknesses that adversaries may target.
The increasingly connected home is a vulnerable part of the extended enterprise, especially as the line blurs between personal life and work, says Forrester principal analyst Heidi Shey. She encourages organizations to adopt a two-pronged approach to protecting the "work from home" workforce.
With increasing data breaches and ransomware attacks, Nilesh Roy says his top priority is implementing a passwordless environment and securing Spocto's data using its artificial intelligence engine, which processes large amounts of personal financial information without any human intervention.
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