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Extorted by Ransomware Gangs? The Payments May Be Tax-Deductible

As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don't pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do pay: If you pay a ransom, it may be tax deduct.....»»

Category: topSource:  slashdotJun 21st, 2021

83% of organizations experienced at least one ransomware attack in the last year

Ransomware is an all-too-common occurrence: 83% of organizations have experienced at least one ransomware attack in the last year, 46% of respondents experienced four or more and 14% indicated they experienced 10 or more. Of those respondents who exp.....»»

Category: securitySource:  netsecurityRelated NewsSep 6th, 2024

new MacBook every two years with this upgrade program

This might just be the MacBook upgrade program that Apple refuses to offer. Upgraded is a new subscription service powered by trusted partners that helps you get a new Mac every two years. Monthly payments start at just $36.06 with 0% interest, and A.....»»

Category: gadgetSource:  9to5macRelated NewsSep 5th, 2024

The number of active ransomware groups is on the rise, research finds

The number of active groups has risen 56% since 2023......»»

Category: topSource:  marketingvoxRelated NewsSep 4th, 2024

Ransomware attacks escalate as critical sectors struggle to keep up

Ransomware remains a concerning cybersecurity threat, with attacks becoming more frequent, severe, and costly. Recent reports highlight alarming trends, including increased attacks on critical sectors like healthcare, education, and manufacturing. Th.....»»

Category: securitySource:  netsecurityRelated NewsSep 4th, 2024

Qilin ransomware targets Google Chrome credentials

Sophos X-Ops reveals a new strategy that harvests credentials from compromised networks, raising significant cybersecurity concerns for organizations......»»

Category: topSource:  informationweekRelated NewsSep 3rd, 2024

How ransomware tactics are shifting, and what it means for your business

In this Help Net Security interview, Tim West, Director of Threat Intelligence and Outreach at WithSecure, discusses Ransomware-as-a-Service (RaaS) with a focus on how these cybercriminal operations are adapting to increased competition, shifting str.....»»

Category: securitySource:  netsecurityRelated NewsSep 3rd, 2024

ACI Worldwide partners with Red Hat to simplify payment operations

ACI Worldwide announced a collaboration with Red Hat to make ACI’s cloud-native Enterprise Payments Platform available on any cloud infrastructure. With this collaboration, ACI will help customers ease their migration to the cloud to better adapt t.....»»

Category: securitySource:  netsecurityRelated NewsSep 3rd, 2024

Understanding secure contactless transactions in iOS 18

With the release of iOS 18.1, Apple will finally open its secure contactless payments system to third-party developers. Here's how Apple's implementation functions.Contactless payments.In iOS 18.1 Apple will open its secure NFC hardware and contactle.....»»

Category: appleSource:  appleinsiderRelated NewsSep 3rd, 2024

US Authorities Issue RansomHub Ransomware Alert

RansomHub spun out of the now defunct ALPHV......»»

Category: topSource:  theglobeandmailRelated NewsSep 3rd, 2024

New ransomware group is hitting VMware ESXi systems hard

Researchers spot a new ransomware actor called Cicada3301, but it's not linked to the game of the same name......»»

Category: topSource:  informationweekRelated NewsSep 2nd, 2024

City of Columbus sues man after he discloses severity of ransomware attack

Mayor said data was unusable to criminals; researcher proved otherwise. Enlarge (credit: Getty Images) A judge in Ohio has issued a temporary restraining order against a security researcher who presented evidence that a.....»»

Category: topSource:  pcmagRelated NewsAug 30th, 2024

How RansomHub went from zero to 210 victims in six months

RansomHub, a ransomware-as-a-service (RaaS) outfit that “popped up” earlier this year, has already amassed at least 210 victims (that we know of). Its affiliates have hit government services, IT and communication companies, healthcare ins.....»»

Category: securitySource:  netsecurityRelated NewsAug 30th, 2024

A macro look at the most pressing cybersecurity risks

Forescout’s 2024H1 Threat Review is a new report that reviews the current state of vulnerabilities, threat actors, and ransomware attacks in the first half of 2024 and compares them to H1 2023. “Attackers are looking for any weak point to bre.....»»

Category: securitySource:  netsecurityRelated NewsAug 30th, 2024

Why ransomware attackers target Active Directory

Ransomware attacks have surged 78% year-over-year, affecting various sectors and organizations and significantly impacting supply chains. In this Help, Net Security video, Craig Birch, Technology Evangelist, and Principal Security Engineer at Cayosof.....»»

Category: securitySource:  netsecurityRelated NewsAug 29th, 2024

Pioneer Kitten: Iranian hackers partnering with ransomware affiliates

A group of Iranian hackers – dubbed Pioneer Kitten by cybersecurity researchers – is straddling the line between state-contracted cyber espionage group and initial access provider (and partner in crime) for affiliates of several ransomwar.....»»

Category: securitySource:  netsecurityRelated NewsAug 28th, 2024

BlackByte affiliates use new encryptor and new TTPs

BlackByte, the ransomware-as-a-service gang believed to be one of Conti’s splinter groups, has (once again) created a new iteration of its encryptor. “Talos observed some differences in the recent BlackByte attacks. Most notably, encrypte.....»»

Category: securitySource:  netsecurityRelated NewsAug 28th, 2024

Lateral movement: Clearest sign of unfolding ransomware attack

44% of unfolding ransomware attacks were spotted during lateral movement, according to Barracuda Networks. 25% of incidents were detected when the attackers started writing or editing files, and 14% were unmasked by behavior that didn’t fit with kn.....»»

Category: securitySource:  netsecurityRelated NewsAug 27th, 2024

Rebrand, regroup, ransomware, repeat

Changes witnessed over the last few years have led to larger ransomware groups breaking into smaller units, posing more considerable challenges for law enforcement. Ransomware actors are evading arrest more easily and adapting methods with innovative.....»»

Category: securitySource:  netsecurityRelated NewsAug 26th, 2024

Android malware steals payment card data using previously unseen technique

Attacker then emulates the card and makes withdrawals or payments from victim's account. Enlarge (credit: d3sign) Newly discovered Android malware steals payment card data using an infected device’s NFC reader and rela.....»»

Category: topSource:  arstechnicaRelated NewsAug 23rd, 2024

The changing dynamics of ransomware as law enforcement strikes

After peaking in late 2023, the ransomware industry is beginning to stabilize in productivity, with notable developments in ransomware targets, and industry dynamics, according to WithSecure. Sectors impacted by ransomware (Source: WithSecure) While.....»»

Category: securitySource:  netsecurityRelated NewsAug 23rd, 2024