Page 23 - Ransomware Task News Today

The economist joins numerous government leaders these days who want to regulate or ban the digital currency.

Cybsersecurity: New DHS directive will require pipelines to comply with federal measures CNN 2 days ago By Geneva Sands, CNN © Jim Watson/AFP/Getty Images Fuel tanks are seen at Colonial Pipeline Baltimore Delivery in Baltimore on May 10, 2021. The Department of Homeland Security on Thursday will mandate that critical pipeline operators comply with several cybersecurity measures, including reporting cybersecurity incidents to the department within 12 hours, according to DHS...

Threat hunters weigh in on the complex relationships between cybercriminals, and how they work together and hawk their wares on the Dark Web.

Share Legislation to force cryptocurrency providers to share information about customers and transactions to counter money-laundering could be on the horizon in Australia. AUSTRAC chief executive Nicole Rose revealed in Senate estimates on Tuesday that the anti-money laundering regulator was looking at a so-called “travel rule” among a number of potential legislative changes to keep up with technology changes in digital currencies. A travel rule requires financial institutions to pass on ce...

Is it an alternative currency? A technology? A venture capital investment? A specious bubble?. Cryptocurrency is decentralised digital money, which works based on blockchain technology. In the past six months, cryptocurrencies have seen their prices skyrocket on the back of tweets, comments on social media, and advice from random people some of who barely know anything about how cryptocurrencies work. There are now over 4,000 in Crypto currencies in circulation in 2021 vs 180 sovereign curren...

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Call for ransom reporting framework to tackle cyber criminals Save Share Shadow minister for cyber security Tim Watts says a mandatory reporting regime for businesses that feel they have no choice but to pay cyber criminals extorting them would help smoke out and target crypto-currency exchanges being used to launder funds and hit ransomware groups financially. Ransomware attacks are estimated to have cost the Australian economy $1.4 billion in 2020, including both ransom demand costs and avera...

RSA: As Ransomware Threats Mount, It’s Time for Coordinated Tactics Malicious actors have used ransomware attacks with impunity to disrupt business and society at large. Government and industry must coordinate to combat this national security threat. Cybercriminals have been able to act with impunity and without sufficient consequences, said experts at the recent RSA Conference 2021. Ransomware attacks have become economically burdensome but also increasingly disruptive to basic service...

Jen Miller-Osborn, deputy director of threat intelligence, Unit 42 at Palo Alto Networks The ransomware challenge facing organizations today traces directly to the success being enjoyed by gangs who wield such malware, says Jen Miller-Osborn, deputy director of threat intelligence for Unit 42 at Palo Alto Networks. Criminals who wield ransomware are seeing low barriers to entry and enormous potential profits on offer, especially as more victims pay higher ransoms. What more can be done to chall...

What is the current state of ransomware and what needs to be done to stop it? A panel of experts at the RSA Conference has a few ideas