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RansomAware

A new cybersecurity coalition, which is backed by IT Security Guru, has launched this week in a move to fight back against ransomware. The coalition is part of a new movement headed by managed security service provider Talion, called #RansomAware, which encourages organisations to come clean on ransomware and speak up about the attacks they are facing. Today businesses are facing a tidal wave of ransomware attacks and recent data from Cybereason has revealed that...

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AT&T Alien Labs researchers analyse Linux version of Darkside ransomware

Shortly after hitting Colonial Pipeline, Darkside developers announced they would be closing operations. Nevertheless, researchers at AT&T Alien Labs have observed evidence that the group has completed a Linux version of its malware that is targeting ESXi servers hosting VMware virtual machines. To this point, the authors announced the Darkside 2.0 version with Linux capabilities.   "Linux and UNIX servers have always been a preferred option for servers and data centers, likely due to the...

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Comparitech finds 1 in 5 Google Play Apps for kids violates Children’s Online Privacy Protection Act

Recent research from security and privacy comparison and advice website Comparitech.com, which has looked at children's apps available through Google Play  has found that 1 in 5 breach COPPA rules. Even more worrying is that half of the apps that violate the rules have received a "teacher-approved" badge. COPPA, imposed by the Federal Trade Commission (FTC), enforces a number of requirements on operators of websites or online services that are aimed at under 13 year...

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The U.S. capitol building

In a speech on Wednesday, the U.S. President, Joe Biden told the Russian President, that 16 sectors of critical infrastructure should be "off-limits" to attacks, specifically cyberattacks. Unfortunately, analysts believe his efforts to be futile. Robert Golladay, the EMEA and APAC director at Illusive claims that "the fact that one of the leaders of the free world stood up to discuss Ransomware on a global stage is significative. We are in the middle of a...

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On Thursday, an online database belonging to CVS Health was discovered online. This was the result of another misconfigured cloud service, which can significantly impact security and lead to a massive data leak. The uncovered database was not password-protected and had no security defences in place to prevent access from unauthorised persons. The database was comprised of over a billion records connected to CVS Health and contained event and configuration data. These also included production...

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funding

CyberSmart has today announced the completion of a successful over-subscribed Series A funding round, bringing the total raised to over $10 million. Alongside deeptech fund IQ Capital and with the additional support of InsurTech specialist, Eos Venture Partners, and data science focused Winton Ventures, CyberSmart is set to further disrupt the cybersecurity market. The funding will be used to enhance their product’s capabilities further, invest in channel partnerships as well as scale into the UK...

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According to a report published by Cybersecurity Ventures, ransomware payments are predicted to cost victims over $265 billion by 2031. This isn't difficult to imagine, given the recent streak of high-profile attacks, some of which caused a ripple effect that reflected on consumers finding themselves having to pay more for gas and finding heftier price tags one meat products. The real scale of the problem is somewhat hard to quantify since most companies would rather...

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Synopsys, Inc. has just recently announced that it has acquired Code Dx, provider of an award-winning application security risk management solution that automates and accelerates the discovery, prioritisation, and remediation of software vulnerabilities. This move by the software giant will allow customers to receive consolidated risk reporting and prioritisation across correlated software vulnerability data produced by Synopsys solutions and more than 75 third-party and open-source application security and development products. Prior to the acquisition, Code...

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Due to the introduction of the EU Directive on Security of Network and Information Systems in 2016, cybersecurity measures are becoming increasingly important, especially for critical infrastructure such as electricity or water supply, or for large industrial companies. Our concise online conference will explore the ongoing technical challenges faced in securing critical infrastructure against potential cyber-attacks. Over one half-day, cybersecurity experts will share valuable knowledge and experiences, with a practical demonstration of solutions delivered by...

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As one of the unfortunate benefactors from the changing business behaviours of the pandemic, ransomware attack trends continue to evolve. During the last year, malicious actors have attacked anything from healthcare organisations and medical trials, to education and the public sector, and even business supply chains. The gravity of the threats of ransomware was exemplified by the attack that shut down the cross-country gas pipeline system Colonial Pipeline; the largest U.S. fuel pipeline, leading to...

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