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Criminals will keep using ransomware as long as its profitable, but outright banning all payments could be deeply painful for critical sectors and small businesses. The road ahead is full of policy hurdles.
Exponential increases in global cyber crime. Ransomware crippling governments and businesses. Nations ignoring cyber criminals operating on their soil. The time for international cooperation on cybersecurity is now.<i> </i>
Share If the last year has proven anything, it’s that there is no short-term fix for the ransomware plague. Patching, detection, remediation, off site backups, and quick incident response are all vital, but none of them alone or all of them together is a guaranteed answer to the problem. The road to a true solution will be long and will require serious collaboration between enterprise defenders, government agencies, and law enforcement to disrupt the ransomware ecosystem. As ransomware has progressed to the level of becoming a national security concern in the past year, the efforts of gov...
Shutterstock Shutterstock Congress should not attempt to address the threat of ransomware by making ransom payments to cybercriminals illegal By Brian Fung and Geneva Sands, CNN Congress should not attempt to address the threat of ransomware by making ransom payments to cybercriminals illegal, a top FBI official told US lawmakers Tuesday. Banning ransom payments could inadvertently create opportunities for further extortion by ransomware gangs, said Bryan Vorndran, assistant director of the FBI’s cyber division. “If we ban ransom payments now, you’re putting US companies in a position t...
When Software Updates Get Hacked Darned if you do, darned if you don't: Software fixes have become extensively automated, which works when software supply chains are secure. Yet with attackers focused on compromising those pipelines, is automated patching such a good idea? Robert Lemos PDF On July 2, an attack that used a series of yet-to-be-patched vulnerabilities in Kaseya's Virtual System Administrator (VSA) server software quickly compromised about 100 business clients of managed service provider (MSP) JustTech, encrypting systems in the victims' environments. The havoc took about two ho...