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Companies important to the U.S.'s national interests will now have to report when they're hacked or if they pay ransomware under a bill passed by ...

At least 91 health organizations suffered ransomware attacks in 2020—almost double the 2019 figure. These attacks affected the data of more than 18 ...

How to prevent and recover from a worst-case ransomware attack - a tactic being employed by hackers to hit businesses when they are most ...

As many as 722 ransomware attacks were observed during the fourth quarter of 2021, with LockBit 2.0, Conti, PYSA, Hive, and Grief emerging as the ...

You can buy ransomware for as little as $66, or hire a threat actor for $250. And if you look hard enough, you can even get a phishing kit for free on ...

It also grants CISA the power to subpoena entities that don't report a cyber incident or ransomware payment. The measure becoming law is a ...

More pervasive triple-threat ransomware. 2021 saw record-breaking amounts for ransomware pay-outs. For example, a US insurance company paid a $40 ...

Users say Amazon Web Services is suffering a major outage, the Associated Press has reported.Amazon and other popular apps and websites such as Duolingo and Tinder are reportedly affected, according to the website Downdetector.The cause of the problems is not known and appears to be predominantly affecting North American users, who are reporting a patchy service, but some issues are being reported in Europe.Websites and apps affected include the Internet Movie Database (IMDb), language learning provider Duolingo and dating site Tinder, according to Downdetector, which analyses reports of outages in real-time on Twitter and other sources.Amazon Web Services provides cloud computing services to individuals, universities, governments and companies including the Associated Press newswire.Amazon has yet to comment on the outage, AP said.More details to come …

The US Federal Trade Commission (FTC) has shared guidance for small businesses on how to secure their networks from ransomware attacks by blocking ...

Several German companies, including electronics retail companies MediaMarkt and Saturn, have been affected by ransomware attacks in recent days.

Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps. Mark Lantz, Manager CloudFPGA and Tape ...

Despite increasing cyberattacks targeting data in the cloud, 83% of businesses are still failing to encrypt half of the sensitive data they store in the cloud, raising even greater concerns as to the impact cyber criminals can have. 40% of organizations have experienced a cloud-based data breach in the past 12 months, according to a study conducted by 451 Research.Pandemic has accelerated cloud transformationCloud adoption is on the rise and businesses are continuing to diversify the way they use cloud solutions. Globally, 57% of respondents reported they make use of two or more cloud infrastructure providers, whilst 24% of organizations flagged that the majority of their workloads and data now reside in the cloud.In fact, according to a recent study by McKinsey & Company, companies globally have accelerated their cloud adoption by three years compared to pre-pandemic adoption rates. This marks a significant shift in the use of cloud-based solutions, from being purely data storage solutions, to environments in which data is used transactionally and supports day-to-day business operations.Security in the cloud is mixedAccording to the study, 21% of businesses host the majority of their sensitive data in the cloud, while 40% reported a breach in the last year. There are some common trends as to where companies turn when considering how to secure their cloud infrastructure, with 33% reporting multi-factor authentication (MFA) as being a central part of their cybersecurity strategy. However, only 17% of those surveyed have encrypted more than half of the data they store in the cloud. This figure drops to 15% where organizations have adopted a multicloud approach.Even where businesses protect their data with encryption, 34% of organizations leave the control of keys to service providers rather than retaining control themselves. Where large numbers of organizations fail to protect their data sufficiently with encryption, limiting potential access points becomes even more critical. However, 48% of business leaders globally admitted their organization does not have a zero trust strategy, and 25% aren’t even considering one.Complexity as a concernBusinesses share common concerns about the increasing complexity of cloud services. 46% of global respondents claimed managing privacy and data protection in the cloud is more complex than on-premises solutions.Hybrid models are common with many organizations not moving entirely to the cloud. 55% of businesses have indicated a preference for a ‘lift & shift’ approach to cloud adoption over re-architecting, as cloud becomes a more integrated part of the business infrastructure.Sebastien Cano, SVP for Cloud Protection and Licensing activities at Thales comments: “Organizations across the world are struggling to navigate the increased complexity that comes with greater adoption of cloud-based solutions. A robust security strategy is essential to ensuring data and business operations remain secure. With nearly every business reliant on the cloud to some extent, it is vital that security teams have the ability to discover, protect, and maintain control of their data.”Fernando Montenegro Principal Research Analyst, Information Security at 451 Research, added from the 2021 Thales Global Cloud Security Study: “Protecting customer data is always the priority, and organizations should strongly consider reviewing their strategies and approaches to proactively protect data in cloud. This includes understanding the role of specific technologies including encryption and key management, as well as the shared responsibilities between providers and their customers.“As data privacy and sovereignty regulations grow, it will be paramount that organizations have a clear understanding of how they remain responsible for data security and make clear decisions about who is in control and who can access their sensitive data.”

In a recent Food Engineering article entitled “BlackMatter ransomware targets food/agriculture sector,” the Cybersecurity and Infrastructure ...

The ProxyShell attacks on vulnerable Microsoft Exchange servers began a few months ago, and LockFile and Conti were among the first ransomware ...

Two suspected hackers accused of ransomware attacks resulting in 5,000 infections have been arrested as part of a global cybercrime crackdown.

It is perhaps, therefore, unsurprising that traditional ransomware defenses are failing, with 54 percent of all victims having anti-phishing training ...

It is estimated that businesses have lost around $20 billion from ransomware attacks so far, money that would have otherwise gone towards paying ...

Ransomware threats aren't new, but these attacks had wide-reaching effects in 2021. Read about the latest ransomware trends and statistics here.

In response to tightening security, it appears that ransomware hackers are adopting new methods. One gang, Lockbit 2.0, is now offering millions ...

As storage and bandwidth costs have plummeted, online or cloud backup has become accessible to most. Tape drive costs are still lower, ...