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Tackling ransomware without banning ransom payments

Tackling ransomware without banning ransom payments.....»»

Category: topSource:  theglobeandmailNov 13th, 2024

The future of cyber insurance: Meeting the demand for non-attack coverage

In this Help Net Security interview, Michael Daum, Head of Global Cyber Claims for Allianz Commercial, discusses the significant rise in cyber claims in 2024, driven by an increase in data breaches and ransomware attacks. Daum highlights the need for.....»»

Category: securitySource:  netsecurityRelated NewsOct 25th, 2024

Ethical framework aims to counter risks of geoengineering research

As interest grows in geoengineering as a strategy for tackling global warming, the world's largest association of Earth and space scientists has launched an ethical framework as a guide to responsible decision-making and inclusive dialogue......»»

Category: topSource:  physorgRelated NewsOct 22nd, 2024

Cybercrime’s constant rise is becoming everyone’s problem

Cybercrime in recent years shows no signs of slowing down, with phishing attacks surging and ransomware tactics becoming more advanced, forcing organizations to constantly adapt their defenses. The rise of deepfake technology, especially in creating.....»»

Category: securitySource:  netsecurityRelated NewsOct 18th, 2024

ExtraHop RevealX enhancements accelerate investigation workflows

ExtraHop unveiled new network-based file analysis capabilities in ExtraHop RevealX to detect malware, combat ransomware, and help prevent data loss. According to the 2024 Global Ransomware Trends Report, organizations experience an average of eight r.....»»

Category: securitySource:  netsecurityRelated NewsOct 16th, 2024

Student was punished for using AI—then his parents sued teacher and administrators

Parents claim there was no rule banning AI, but school cites multiple policies. A school district in Massachusetts was sued by a student's parents after the boy was punished for u.....»»

Category: topSource:  arstechnicaRelated NewsOct 16th, 2024

Swift launches AI-powered fraud detection service

Swift announced that it is rolling out new AI-enhanced fraud detection to help the global payments industry step up its defence as bad actors grow increasingly sophisticated. Available from January 2025, the service is the result of extensive collabo.....»»

Category: topSource:  theglobeandmailRelated NewsOct 16th, 2024

India’s biggest health insurer gets ransomware following data breach

Star Health says it was the victim of a ‘targeted malicious cyberattack’......»»

Category: topSource:  informationweekRelated NewsOct 14th, 2024

Manufacturers are lucrative targets for cybercriminals

Hackers and other bad actors believe manufacturers are behind on security measures and more likely to pay a ransom......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Ransomware activity shows no signs of slowing down

Ransomware attacks have seen a significant resurgence, disrupting multiple sectors and affecting global supply chains. Despite efforts to disrupt major ransomware groups, incidents continue to rise, signaling an ongoing and growing threat into 2024......»»

Category: securitySource:  netsecurityRelated NewsOct 3rd, 2024

U.S. issues $2 billion electric vehicle tax rebates since Jan. 1, Treasury says

The U.S. government has issued $2 billion in advance point-of-sale consumer EV tax credit payments since Jan. 1 covering more than 300,000 vehicles, the Treasury said Oct. 1......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

Halcyon offers ransomware protection for Linux environments

As an integral part of the Halcyon Anti-Ransomware Platform, Halcyon Linux offers protection against ransomware attacks targeting Linux systems. While ransomware operators were once almost exclusively focused on targeting Windows environments, the in.....»»

Category: securitySource:  netsecurityRelated NewsOct 1st, 2024

Use Windows event logs for ransomware investigations, JPCERT/CC advises

The JPCERT Coordination Center – the first Computer Security Incident Response Team established in Japan – has compiled a list of entries in Windows event logs that could help enterprise defenders respond to human-operated ransomware atta.....»»

Category: securitySource:  netsecurityRelated NewsOct 1st, 2024

Big US oil companies reveal massive payments to foreign governments

Big US oil companies reveal massive payments to foreign governments.....»»

Category: topSource:  pcmagRelated NewsSep 30th, 2024

Ransomware attackers hop from on-premises systems to cloud to compromise Microsoft 365 accounts

Storm-0501, an affiliate of several high-profile ransomware-as-a-service outfits, has been spotted compromising targets’ cloud environments and on-premises systems. “Storm-0501 is the latest threat actor observed to exploit weak credentia.....»»

Category: securitySource:  netsecurityRelated NewsSep 30th, 2024

Ransomware outfit claims it stole financial, employee, sales data from AutoCanada

The theft claim follows an IT breach from August. The publicly traded dealership group did not confirm being held for ransom......»»

Category: topSource:  autonewsRelated NewsSep 25th, 2024

Lower-income households have high auto payments, according to Bank of America

The customers who purchased vehicles during the height of the inventory shortages are still feeling the strain; lower-income households seem to be feeling that strain the most......»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024

Tariffs, proposed software ban won"t keep Chinese automakers out forever, panel says

Tariffs and proposed rules banning Chinese-made hardware and software won't keep China-based automakers out of the North American market indefinitely, but could buy companies there time to become more competitive with them......»»

Category: topSource:  autonewsRelated NewsSep 24th, 2024

NetApp enhances security directly within enterprise storage

NetApp announced enhancements to its portfolio of cyber resiliency offerings to strengthen security for customers. NetApp is announcing the general availability of its NetApp ONTAP Autonomous Ransomware Protection with AI (ARP/AI) solution, with 99%.....»»

Category: securitySource:  netsecurityRelated NewsSep 24th, 2024

How cyber compliance helps minimize the risk of ransomware infections

Over the past decade, ransomware has been cemented as one of the top cybersecurity threats. In 2023 alone, the FBI received 2,385 ransomware complaints, resulting in over $34 million in losses. To help businesses combat ransomware and other threats,.....»»

Category: securitySource:  netsecurityRelated NewsSep 24th, 2024

MFA bypass becomes a critical security issue as ransomware tactics advance

Ransomware is seen as the biggest cybersecurity threat across every industry, with 75% of organizations affected by ransomware more than once in the past 12 months – a jump from 61% in 2023, according to SpyCloud. Session hijacking surges as ma.....»»

Category: securitySource:  netsecurityRelated NewsSep 24th, 2024