For 21 years, the software company Kaseya labored in relative obscurity — at least until cybercriminals exploited it in early July for a massive ransomware attack that snarled businesses around the world and escalated U.S.-Russia diplomatic tensions. But it turns out that the recent hack wasn’t the first major cybersecurity problem to hit the Miami-based […]
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In a series of endless attacks on the U.S. and its allies’ infrastructures, a wave of Russian government-associated hacks and ransomware attacks have been reoccurring, and now another security breach has been identified on third-party provider Synnex. Following their previous attack on SolarWinds, the Russian group known as Cozy Bear, backed by the Russian government […]
President Joe Biden said Tuesday that damage to U.S. businesses in the biggest ransomware attack on record appears minimal, though information remained incomplete. The company whose software was exploited said fewer than 1,500 businesses worldwide appeared compromised but cybersecurity experts caution that the incident isn’t over. Also Tuesday, a security researcher who chatted online with […]
Cybersecurity teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit. An affiliate of the notorious REvil gang, best known for extorting $11 million from the meat-processor JBS after a […]
If your business falls victim to ransomware and you want simple advice on whether to pay the criminals, don’t expect much help from the U.S. government. The answer is apt to be: It depends. “It is the position of the U.S. government that we strongly discourage the payment of ransoms,” Eric Goldstein, a top cybersecurity […]
As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do pay: The ransoms may be tax deductible. The IRS offers no formal guidance on ransomware payments, but multiple tax experts interviewed by The […]
Carnival Corp. said Thursday that a data breach in March might have exposed personal information about customers and employees on Carnival Cruise Line, Holland America Line and Princess Cruises. In a letter to customers, the company indicated that outsiders might have gained access to Social Security numbers, passport numbers, dates of birth, addresses and health […]
Security today announced the results of a global survey examining consumers’ digital behaviors during the pandemic, as well as their potential long-term impact on cybersecurity. With society becoming increasingly accustomed to digital-first interactions, the study found that preferences for convenience often outweighed security and privacy concerns among individuals surveyed – leading to poor choices around […]
A software bug at a major network provider briefly knocked dozens of financial institutions, airlines and other companies across the globe offline during peak business hours in Asia. Akamai, which runs one of the internet’s main content-delivery systems, said the outage Thursday was not caused by a cyberattack, but rather a software bug on a […]
An outage at a little-known firm that speeds up access to websites knocked a lot of top internet destinations offline on Tuesday, disrupting business and leisure for untold millions globally. The problem was quickly resolved. The company, Fastly, blamed a configuration error in its technology. But the incident — Fastly’s traffic dropped 75% for about […]