Post GandCrab, Cybercriminals Scouring the Dark Web for the Next Top Ransomware

A detailed look at underground forums shows that cybercriminals aren’t sure where to look on the heels of the GandCrab ransomware group shutting its doors – and low-level actors are taking advantage of that by developing their own strains. Continue reading Post GandCrab, Cybercriminals Scouring the Dark Web for the Next Top Ransomware

Coordinated Ransomware Attack Hits 23 Texas Government Agencies

Researchers say that the targeted ransomware cyberattack on 23 Texas local and state entities represents a shift from “attacks of opportunity” to more targeted, malicious attacks. Continue reading Coordinated Ransomware Attack Hits 23 Texas Government Agencies

Why Cities Are a Low-Hanging Fruit For Ransomware

In this first part of a two part series, Shawn Taylor with Forescout talks to Threatpost about lessons learned from helping Atlanta remediate and recover from its massive ransomware attack. Continue reading Why Cities Are a Low-Hanging Fruit For Ransomware

Mayors Say They’ll No Longer Pay Ransoms Connected to Security Events

Mayors in the United States have collectively declared that they’ll no longer meet attackers’ ransom demands in connection to a digital security event. At its 87th annual meeting, the U.S. Conference of Mayors approved a resolution entitled… Continue reading Mayors Say They’ll No Longer Pay Ransoms Connected to Security Events

Lake City fires its IT director after paying hackers $460K in ransom

After suffering a ransomware attack that crippled municipal systems, the city of Lake City in Florida, USA, has fired its director of information technology. As the (updated) story goes, Lake City was initially hit without a ransom demand from the atta… Continue reading Lake City fires its IT director after paying hackers $460K in ransom