There’s a potentially massive new ransomware spreading in Eastern Europe. The malware, dubbed Bad Rabbit, has hit three Russian media outlets, including the news agency Interfax, according to Russian security firm Group-IB. Once it infects a computer, Bad Rabbit displays a message in red letters on a black background, an aesthetic used in the massive NotPetya ransomware outbreak.
No major cloud provider has fallen victim to all the malware attacks of the last few years. What does that tell you?
As part of its ongoing efforts to help businesses ensure they are taking reasonable steps to protect and secure consumer data, the Federal Trade Commission is publishing a series of blog posts using hypothetical examples based on lessons from closed investigations, FTC law enforcement actions, and questions from businesses.
It’s an idea that resurfaces after high-profile cyberattacks, despite most firms’ lack of enthusiasm about it.
On June 20, 2017, the U.S. Chamber of Commerce announced that a consortium of more than two dozen chamber member companies, including prominent big banks, big-box retailers, and technology giants released a set of principles designed to promote fair and accurate cybersecurity ratings.
Ransomware was involved in 10 percent of the 450 breaches handled by our Privacy and Data Protection team in 2016. This week’s news about a global ransomware attack is another example that this trend is on the rise. Companies, governments and organizations around the world are grappling with what steps they should take to minimize their risks and prepare to respond.
Jim Koenig thinks that law firms need to adopt comprehensive information security programs and train their employees to become better versed in handling the fallout of a cyber attack.
If government officials pour time and money into “solutions” targeting outdated issues, the public may remain as ill-prepared for the next botnet or malware attack as the last. Clearer thinking by policymakers about cybercrime is critical for improving how consumers and businesses prepare for the next hit.
A ransomware attack hit computers across the world on Tuesday, taking out servers at Russia’s biggest oil company, disrupting operations at Ukrainian banks, and shutting down computers at multinational shipping and advertising firms.
Cybertools allegedly stolen from the NSA were used to craft the WannaCry ransomware.