Investment banking giant Morgan Stanley is the latest company to report a data breach tied to zero-day attacks on Accellion's legacy File Transfer Appliance - yet another indicator of the sustained impact of supply chain attacks.
This edition of the ISMG Security Report features three segments on battling ransomware. It includes insights on the Biden administration's efforts to curtail ransomware attacks, comments on risk mitigation from the acting director of CISA, plus suggestions for disrupting the ransomware business model.
The Biden administration has a message for Russia: Rein in the criminal hackers operating from inside your borders who hit Western targets, or we'll do it for you. But experts say disrupting ransomware will take more than diplomacy or even using offensive cyber operations to target criminal infrastructure.
It was stealthy, and it was widespread. But perhaps the Kaseya VSA ransomware attack wasn't quite as effective and damaging as initially feared, says Michael Daniel, president and CEO of the Cyber Threat Alliance. He explains where defenses succeeded.
The Kaseya VSA ransomware attack was discussed exhaustively over the Fourth of July holiday weekend. But there's one big question that hasn’t been answered, says Tom Kellermann, head of cybersecurity strategy at VMware Carbon Black: "Who gave REvil the zero-day?"
The REvil ransomware operation behind the massive attack centering on Kaseya, which develops software used by managed service providers, has offered to decrypt all victims - MSPs as well as their customers - for $70 million in bitcoins. Experts note this isn't the first time REvil has hit MSPs, or even Kaseya.
U.S. President Joe Biden has ordered federal intelligence agencies to investigate the incident involving IT management software vendor Kaseya. Attackers reportedly compromised Kaseya's remote monitoring system, VSA, potentially affecting scores of managed service providers and their clients.
Since Friday afternoon, Mark Loman of Sophos has been immersed in studying the scope and impact of the ransomware attack spread through Kaseya VSA's remote management platform. And he's learned enough about it to say without reservation: This the largest ransomware attack he's seen.
Mercedes-Benz USA says one of its vendors exposed 1.6 million records that pertained to its customers and interested buyers. The incident, which involved an unnamed vendor and a cloud storage platform, is similar to one recently disclosed by Volkswagen.
Two brothers who run Africrypt, a currency exchange service based in Johannesburg, South Africa, have been accused by law firm Hanekom Attorneys, acting on behalf of investors, of 'vanishing' along with $3.6 billion in cryptocurrency investments.
Owners of Western Digital My Book Live devices have seen their data remotely wiped by attackers targeting a flaw first detailed in 2019. But WD stopped supporting these devices in 2015, which is a reminder that the best way to secure some types of internet of things devices may be to discard them.
The Russian-linked cyberespionage group behind the supply chain attack against SolarWinds targeted Microsoft's customer support system as part of a new campaign, the company disclosed in a report. The group, called Nobelium, has been linked to recent attacks against a marketing firm used by USAID.
The number of data breach notifications jumped 140% in 2020 from the previous year, with a surge in attacks against less-regulated industries, according to Kroll's 2021 Data Breach Outlook. Brian Lapidus and Heather Williams of Kroll analyze the report's findings.
Volkswagen and its Audi subsidiary are notifying 3.3 million people in the U.S and Canada of a breach of personal information by a marketing services supplier. Volkswagen says 90,000 of those affected may have also had their driver's license number, loan data and other personal information exposed.
Fast-food giant McDonald's is acknowledging a data breach that affected some customer and company data from its locations in Korea and Taiwan. Phone numbers, delivery and email addresses were exposed. Payment data, however, has not been compromised.
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