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Ransomware a 'scourge' that needs international action, RSA Conference told

Ransomware is a “scourge” that has to be fought by governments around the world, according to experts who spoke at the annual RSA Conference this week. “This is a threat that has moved from economic nuisance eight years ago to national security and public health and safety threat today,” Michael Daniel, CEO of the Cyber Threat Alliance and a former White House cybersecurity co-ordinator, told a panel. “Once a threat has moved into that category we need government to bring its resource...
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Solving the Ransomware Crisis - Security Boulevard

Solving the Ransomware Crisis Community Chats Webinars Library Solving the Ransomware Crisis Lior Div Ransomware attacks are trivial to execute and there is little, if any, risk and no penalties for the attackers. As a victim, there are no good choices once an organization is hit by ransomware. You can ignore the ransom demand and restore your data from backups and take your chances with the risk of data exposure. At the same time, the reality is that it doesn’t pay to pay–it is n...
United States Ransomware Task Ransomware Task Force Colonial Pipeline ஒன்றுபட்டது மாநிலங்களில் காலனித்துவ குழாய்

Colonial Pipeline paid a $5M ransom – but will that only invite other malware hacks?: 'If the payments stop, the attacks will stop'

Colonial Pipeline paid a $5M ransom – but will that only invite other malware hacks?: If the payments stop, the attacks will stop Dennis Wagner, USA TODAY Replay Video UP NEXT The reported ransom payment by a beleaguered U.S. oil pipeline company to cyber hackers may spur even more criminal malware attacks on critical U.S. targets, according to cybersecurity experts, and could fuel calls for a ban on such payments. The critiques stem from a decision by Colonial Pipeline, a g...
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Source: msn.com

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Ransomware is a national security threat and a big business — and it's wreaking havoc

The attack that led Colonial Pipeline to shut down its 5,500-mile pipeline, causing fuel shortages throughout the southeastern U.S., underscored that the ballooning ransomware wave isnt just about money. Targeting the private businesses that run much of the economy also threatens national security.
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Ransomware wreaking havoc worldwide – quietly

Ransomware wreaking havoc worldwide – quietly The attack on Colonial Pipeline last week underscored that whats now a big business is also a national security threat. By Ellen Nakashima and Rachel LermanThe Washington Post Share The hacker ring’s ransom note appeared on the company’s computer screens this past Monday. “Your computers and servers are encrypted, backups are deleted,” it said. “We use strong encryption algorithms, so you cannot decrypt your data.” But, the extortio...
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US Wants Cybersecurity Boost Against Ransomware Attacks After Colonial Hacking

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Op-Ed: Colonial Pipeline Ransomware Attack Is an Opportunity for Every Organization to Shore Up Its Cyber-Defenses

Over the past few months, ransomware attacks have not only hit businesses of all sizes, but also hospitals in New York, Nebraska, Oregon, and Michigan, among multiple other states. Police and sheriffs offices, schools, and local governments, from Atlanta to Baltimore to Fisher County, Texas, have suffered a similar fate. A recent report from the Ransomware Task Force, a group of 60 cybersecurity experts from industry and government, sheds light on both the alarming increase in the frequency of ...
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