What IT security teams can learn from the Colonial Pipeline ransomware attack

In May, news broke of a DarkSide ransomware attack on Colonial Pipeline, a major U.S. fuel pipeline that supplies roughly 45 percent of the East Coast’s diesel, gasoline and jet fuel. In response to the attack, the company shut down its pipeline for several days, causing mass disruption in America.  Colonial Pipeline CEO Joseph Blount’s testimony at a House Homeland …

Tovább a bejegyzéshez

Preparing for a RDDoS extortion attack

Ransom attacks dominate cybercrime headlines. May’s Colonial Pipeline attack reduced US east coast fuel supply by 45 percent, resolved only by a $4.4 million ransom payment. In the weeks that followed, President Joe Biden even went as far as calling on Vladimir Putin to move against ransomware groups operating from Russia. Unsurprisingly, these incidents have sparked a number of high-profile …

Tovább a bejegyzéshez

Kaseya ransomware attack: The knock-on effect of the cyberattack on managed service providers

Ransomware continues to be one of the top threats to Managed Service Providers (MSPs), critical infrastructure organizations and government agencies at all levels. As threat actors continue to evolve their strategies and increase demands, organizations are feeling the pressure of defending themselves against one of the greatest risks in the current cybersecurity environment.  The recent ransomware attack on Kaseya has …

Tovább a bejegyzéshez

Many security pros aren’t confident they could repel a major supply chain attack

While security and software development teams bicker over whose responsibility it is to improve security in the software build and distribution environments, a new major supply chain attack could well be brewing.  This is according to a new report from machine identity management firm Venafi. Polling more than 1,000 information security professionals, developers, and executives in the IT and software …

Tovább a bejegyzéshez

REvil says it was behind huge ransomware attack

Cybercriminal syndicate REvil has claimed responsibility for the large-scale Kaseya ransomware attack, and is demanding the managed service provider (MSP) pay a record ransom fee. As reported by The Record, the REvil gang made the announcement in a short notice published on the dark web. In the notice, the group says it infected thousands of machines and priced the decryption …

Tovább a bejegyzéshez

Majority of ransomware victims are hit with a second attack after paying up

It does not pay to cave in to the demands of ransomware attackers, a new report from cybersecurity firm Cybereason argues. Polling 1,300 security professionals around the world, the company found that 84 percent of businesses that decided to pay the ransom suffered a second attack. In more than half of cases, they were attacked by the same threat actors …

Tovább a bejegyzéshez

Colonial Pipeline attack reveals the real-world impact of cybercrime

For many people, the recent ransomware attack on the Colonial Pipeline, a major supplier of petroleum products to the Eastern U.S., demonstrated the serious damage that these kinds of attacks can do. In many past ransomware attacks, individual companies may have lost data, if they didn’t pay the ransom, but the greater public was largely immune to the effects. In …

Tovább a bejegyzéshez

Belgian government network taken offline following DDoS attack

The IT network operated by the Belgian government suffered a large-scale Distributed Denial of Service (DDoS) attack earlier this week, knocking most of its websites and back-end offline. Described by The Record as “massive”, the attack targeted Belnet, an ISP that gets its funding through the Belgian budget. It provides internet access for the Belgian government, educational institutions, ministries and …

Tovább a bejegyzéshez

US blames Russia for SolarWinds attack, imposes sanctions

US President Joe Biden has imposed new sanctions on Russia and expelled almost a dozen Russian diplomats from US soil, as per a BBC report.  One of the key factors behind the move is last year’s SolarWinds supply chain cyberattack, which saw cybercriminals infiltrate more than 18,000 US companies and government organizations. The US government has now officially blamed the …

Tovább a bejegyzéshez