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US Government tells firms not to give in to ransomware demands

Security Boulevard

The US Government has underlined once again that it continues to strongly discourage organisations hit by ransomware from giving in to extortion demands. The post US Government tells firms not to give in to ransomware demands appeared first on The State of Security.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. Sources close to the investigation tell KrebsOnSecurity the accused was a key member of a criminal hacking group blamed for a string of cyber intrusions at major U.S.

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Conti Ransomware Group Diaries, Part I: Evasion

Krebs on Security

A Ukrainian security researcher this week leaked several years of internal chat logs and other sensitive data tied to Conti , an aggressive and ruthless Russian cybercrime group that focuses on deploying its ransomware to companies with more than $100 million in annual revenue. On Sunday, Feb. On Sunday, Feb. ” GAP #1. .

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Negotiating with Ransomware Gangs: What's It Really Like?

SecureWorld News

It might be the worst-kept secret in all of cybersecurity: the FBI says don't pay ransomware gangs. corporations report being attacked by ransomware last year. If they were to take the Bitcoin and run, security firms would stop making payments. That's what Art Ehuan does. During a career that has spanned the FBI, the U.S.

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NEW TECH: Trend Micro flattens cyber risks — from software development to deployment

The Last Watchdog

Long before this awful pandemic hit us, cloud migration had attained strong momentum in the corporate sector. and Washington was among the first states to issue shelter at home orders. Tech research firm IDC recently named Trend Micro the top supplier of “ hybrid cloud workload security ” systems, with a global market share of 29.5