Fraud Management & Cybercrime, Healthcare, Industry Specific In the Spotlight: Anticipating Donald Trump’s Second Term; A Noteworthy Cybersecurity Merger Anna Delaney (annamadeline) • November 15, 2024 Clockwise from top left: Anna Delaney, Marianne Kolbasuk McGee, Chris Riotta, and Michael Novinson The latest discussion among the ISMG editorial team has spotlighted…
Cyber-attacks targeting government entities and major business websites have become as prominent a threat as physical insurgency and terrorism. On October 2, 2024, a significant ransomware attack struck Uttarakhand, rendering the State Government’s operations nearly ineffective. Over 90 key government websites, including essential platforms such as the Chief Minister’s Helpline,…
Ransomware incidents are increasingly dominating news cycles, causing significant turmoil across various sectors. Organizations are scrambling to recover operations following these attacks, while customers remain anxious about the integrity of their personal data. The repercussions associated with ransomware extend well beyond mere operational hiccups; they can severely tarnish reputations, cause…
Cybercrime, Fraud Management & Cybercrime, Government Experts Anticipate Escalating Cyber Threats as Trump Eyes Second Term Chris Riotta (@chrisriotta) • November 11, 2024 Experts warn of intensified Russian attacks on countries aligning with the European Union. (Image: Shutterstock) As speculation grows around a potential second term for former President Donald…
Fraud Management & Cybercrime, Ransomware UN Members Call for Enhanced Resilience of Critical Infrastructure to Address Cyber Threats Mathew J. Schwartz (@euroinfosec) • November 11, 2024 Image: Shutterstock In a significant development, a Biden administration official highlighted during a United Nations Security Council briefing that ransomware has transcended its classification…
A 34-year-old Russian-Canadian national has received nearly four years in prison in Canada due to his involvement in the LockBit global ransomware scheme. Mikhail Vasiliev, an Ontario resident, was initially arrested in November 2022 and subsequently charged by the U.S. Department of Justice (DoJ) for conspiring to intentionally damage protected…
UN Security Council Addresses Surge in Ransomware Attacks Targeting Healthcare Facilities In a crucial briefing at the United Nations Security Council, officials highlighted the alarming rise in ransomware attacks aimed at hospitals and other healthcare services. The discussion comes in response to a series of high-profile incidents that have severely…
Data Breaches Impose Heavy Financial Costs on Companies, New Report Reveals ExtraHop®, a frontrunner in cloud-native network detection and response (NDR), has unveiled a report illustrating the staggering financial implications of significant data breaches on publicly traded companies. The analysis indicates that organizations typically incur an average loss of approximately…
International Police Coalition Targets Cybercrime Networks In a significant crackdown on cybercriminal activities, an international coalition of law enforcement agencies has successfully disrupted a variety of online scams, including phishing attempts, credential theft, and ransomware distribution. This operation, known as Synergia II, was spearheaded by Interpol and spanned from early…
