Collaborate Disseminate
This post was written with contributions from Chris Caridi and Kat Weinberger. IBM Security X-Force has been tracking the activity of Black Basta, a new ransomware group that first appeared in April 2022. To date, this group has claimed attribution of 29 different victims across multiple industries using a double extortion strategy where the attackers […]
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IBM Security X-Force researchers have continually analyzed the use of several crypters developed by the cybercriminal group ITG23, also known as Wizard Spider, DEV-0193, or simply the “Trickbot Group”. The results of this research, along with evidence gained from the disclosure of internal ITG23 chat logs (“Contileaks”), provide new insight into the connections and cooperation […]
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While no security officer would rely on this alone, it’s good to know the U.S. Department of Justice is increasing efforts to fight cyber crime. According to a recent address in Munich by Deputy Attorney General Lisa Monaco, new efforts will focus on ransomware and cryptocurrency incidents. This makes sense since the X-Force Threat Intelligence […]
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Last year, many organizations stopped talking about when the workforce would be back full-time in the office. Instead, they focused on how we build a hybrid work model for the future. 2021 was active and interesting – for lack of a better word. There’s a lot to say in terms of cyber crime in general […]
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For the third year in a row, ransomware was the top attack type globally in 2021, despite some successes last year by law enforcement to take down ransomware groups. This was among the top findings of IBM Security’s latest research published in the tenth annual X-Force Threat Intelligence Index, a comprehensive overview of the global […]
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While big-name incidents fill the headlines, local governments and agencies face cyber crime at an alarming rate. In a very direct way, this impacts everyone’s life. The pandemic has forced state and local groups to deploy defenses at a distance over their networks and apps. But local security is often not encrypted and insecure, with […]
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When it comes to ransomware, it’s a matter of when not if. The data tells the tale. Both the volume and types of ransomware attacks are on the rise. Plus, attackers aren’t just after enterprises. They now target businesses of all shapes and sizes. That way, they increase their chances of breaching security perimeters and […]
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What does the latest U.S. federal ruling on cybersecurity mean for you? The recent executive order and U.S. Cybersecurity & Infrastructure Security Agency (CISA) commentary on it could provide a good framework for defending against ransomware and other attacks. In its executive order on ‘Improving the Nation’s Cybersecurity,’ the White House directed the Secretary of […]
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What does the latest U.S. federal ruling on cybersecurity mean for you? The recent executive order and U.S. Cybersecurity & Infrastructure Security Agency (CISA) commentary on it could provide a good framework for defending against ransomware and other attacks. In its executive order on ‘Improving the Nation’s Cybersecurity,’ the White House directed the Secretary of […]
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Ransomware is a lucrative business for criminals. It is paying off, and it is working. According to a recent Trend Micro report, a staggering 84% of US organizations experienced either a phishing or ransomware attack in the last year. The average ransomware payment was over $500,000. Bad actors want to keep cashing in. So they’re […]
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