One cybersecurity failure can result in a successful ransomware attack or data breach that could cause tremendous damage. There's no need to panic, but neither is there time to ignore the issue.The president of the United States testing positive for COVID-19 reminds us that there is no guarantee any individual will remain virus-free. That's true in Washingto

Seedworm Group, aka MuddyWater, is also deploying commodity ransomware as part of espionage attacks on companies and government agencies in the Middle East region.An Iranian cyberattack group known as Seedworm — thought to be linked to Iran's government — has started using new tools, including a custom download utility and commodity ransomware, a

A problem that halted trading on the Paris stock market and others across Europe was a "middleware" issue and not a cyber attack, operator Euronext said Tuesday.Trading ground to a halt for around three hours early Monday in Amsterdam, Brussels, Dublin, Lisbon and Paris, and the French market closed late, before issuing a statement that most trades made afte

Let's face it: Cybersecurity threat risk isn't going anywhere, and it's only going to get worse. This realization caused the Department of Defense (DoD) to create the Cybersecurity Maturity Model Certification (CMMC) early this year. This is a unified standard for the successful implementation of cybersecurity across the more than 300,000 companies in the su

byNaked Security writerYou’ve probably seen the news that six Russians, allegedly employed by the Russian Main Intelligence Directorate, better known as the GRU, have been charged with cybercrimes by the US Department of Justice (DOJ).The DOJ alleges that the defendants, all men, “caused damage and disruption to computer networks worldwide, inclu

The United Kingdom on Monday exposed and condemned cyberattacks that the Russian military intelligence service GRU allegedly launched against organizations involved in the 2020 Olympic and Paralympic Games that were set to take place in Tokyo this summer, but were postponed due to the COVID-19 pandemic.The GRU is known for launching numerous hacking campaign

A Mississippi school district has voted to pay $300,000 to recover files that were encrypted during a suspected ransomware attack.A federal investigation was launched after threat actors accessed Yazoo County School District’s information technology system without authorization. Superintendent Dr. Ken Barron told WLBT news that the schoo

The Russian citizen Alexander Vinnik goes on trial in Paris for having defrauded nearly 200 victims across the world of 135 million euros using ransomware. The Russian man Alexander Vinnik goes on trial in Paris for having defrauded nearly 200 victims across the world of 135M euros using ransomware. Alexander Vinnik allegedly headed the&

A Russian goes on trial in Paris Monday accused of having defrauded nearly 200 victims across the world of 135 million euros using ransomware.Prosecutors say Alexander Vinnik sent emails to his targets masquerading as invoices, whose attached document, when opened, activated malware that shut down the computer and encrypted its contents.A message would appea

Six months ago, as organizations around the world responded to the COVID-19 pandemic, they experienced a seismic shift in the way they do business. Entire offices suddenly emptied as employees shifted to remote work. Meanwhile, IT teams were faced with the challenges that come with facilitating that transition – new cybersecurity demands, new devices c

Reading Time: ~ 2 min. Backdoor Found in Children’s Smartwatch Researchers have discovered that the X4, made by Norwegian smartwatch seller Xplora, contains a backdoor that could allow for information to be stolen. The X4 watch is designed specifically for children with a limited number of capabilities, mostly for children’s security. The backdoor, howeve

A major healthcare provider whose systems were knocked offline for three weeks by a ransomware attack has been asked by a US senator to answer questions about its cybersecurity practices. Universal Health Services announced on Monday that all 400 of its health system sites were back online after being hit by a cyber-attack in the ear

Iran has reported falling victim to two large-scale cyber-attacks, one of which was leveled at the country's government institutions.The Iranian government's Information Technology Organization on Thursday reported that two institutions had been compromised by attackers. No party has claimed responsibility for the attack, and Iranian govern

Early stage venture investment in cybersecurity has apparently started to stabilize in the third quarter of 2020, according to Washington, D.C.-based cybersecurity venture capital firm and incubator DataTribe.A report published by DataTribe in March revealed that the number of early stage investments in cyber had declined in the first two months of 2020 comp

Fewer companies are being hit by cyber incidents, but those that do get hit are hit harder and more often.The world is rightly obsessed with the COVID-19 pandemic right now, but there's also a growing cybercrime pandemic. The good news is that fewer firms are reporting breaches. The bad news is that for those who are victimized, the attacks are more severe&n