Security News
The increasing convergence of IT and OT leave physical infrastructures more vulnerable to ransomware, even though most ransomware operators lack the capability to directly compromise OT or Industrial Control Systems; one example is when ransomware's impact on IT prevents other systems from working properly. Staff might experience physical harm as a result of ransomware attacks; possible effects are weight changes, sleep deprivation, mental exhaustion, physical burnouts, heart attacks or stroke.
Energy management and automation giant Schneider Electric suffered a Cactus ransomware attack leading to the theft of corporate data, according to people familiar with the matter. BleepingComputer has learned that the ransomware attack hit the company's Sustainability Business division earlier this month on January 17th. The attack disrupted some of Schneider Electric's Resource Advisor cloud platform, which continue to suffer outages today.
The number of ransomware victims paying ransom demands has dropped to a record low of 29% in the final quarter of 2023, according to ransomware negotiation firm Coveware. Not only have the number of victims paying ransomware dropped but also the dollar amounts of actual ransom payments.
Cybersecurity researchers have detected in the wild yet another variant of the Phobos ransomware family known as Faust. Fortinet FortiGuard Labs, which detailed the latest iteration of the...
Governments struck back this week against members of ransomware operations, imposing sanctions on one threat actor and sentencing another to prison. Security researchers analyzing the activity of the recently emerged 3AM ransomware operation uncovered close connections with infamous groups, such as the Conti syndicate and the Royal ransomware gang.
The Kansas City Area Transportation Authority announced it was targeted by a ransomware attack on Tuesday, January 23. KCATA is a bi-state public transit agency serving seven counties of Missouri and Kansas, operating 78 bus routes and 6 MetroFlex routes using a fleet of 300 buses.
The Kansas City Area Transportation Authority announced it was targeted by a ransomware attack on Tuesday, January 23.KCATA is a bi-state public transit agency serving seven counties of Missouri and Kansas, operating 78 bus routes and 6 MetroFlex routes using a fleet of 300 buses.
The Akira ransomware gang is claiming responsiblity for the "Cybersecurity incident" at British bath bomb merchant. Akira says it has stolen 110 GB of data from the UK-headquartered global cosmetics giant, which has more than 900 stores worldwide, allegedly including "a lot of personal documents" such as passport scans.
There's a good reason why ransomware gangs started exfiltrating victims' data instead of just encrypting it: those organizations pay more. University of Twente researcher Tom Meurs and his colleagues wanted to know which factors influence victims to pay the ransom or not, and which factors have an effect on the ransom amount organizations end up paying.
The U.K.'s National Cyber Security Centre has released a new study that finds generative AI may increase risks from cyber threats such as ransomware. The report sorted threats by potential for "Uplift" from generative AI and by the types of threat actors: nation-state sponsored, well-organized and less-skilled or opportunistic attackers.