Finalsite, an internet software house that provides school districts with website design, hosting, and content management solutions, has been hit by a ransomware attack. Earlier this week, school districts whose websites are hosted by Finalsite discovered that they were no longer accessible or displayed errors. While at the time Finalsite blamed the issues on “performance difficulties” […]
The year the tide turned on ransomware
This year was rife with ransomware. 2021 witnessed the attack on IT software company Kaseya that knocked 1,500 organizations offline, the CD Projekt Red hack that saw threat actors make off with source code for games including Cyberpunk 2077 and The Witcher 3, and several high-profile attacks targeting big-name tech companies, from Olympus to Fujitsu and […]
6 things in cybersecurity we didn’t know last year
The past twelve months in cybersecurity have been a rough ride. In cybersecurity, everything is broken — it’s just a matter of finding it — and this year felt like everything broke at once, especially towards the end of the year. But for better or worse, we end the year knowing more than we did […]
Olympus US hack tied to sanctioned Russian ransomware group
An “ongoing” cyberattack against the Japanese technology giant Olympus was caused by a Russian ransomware group sanctioned by the U.S. government, according to two people with knowledge of the incident. A new malware variant known as Macaw was used in the attack that began on October 10, which encrypted Olympus’ systems in the U.S., Canada […]
Twitch takedown: Is extortion the new ransomware?
The nature of the Twitch attack and the shift toward extortion rather than demanding ransoms is serious and significant.
FTC says health apps must notify consumers about data breaches — or face fines
The U.S. Federal Trade Commission (FTC) has warned apps and devices that collect personal health information must notify consumers if their data is breached or shared with third parties without their permission. In a 3-2 vote on Wednesday, the FTC agreed on a new policy statement to clarify a decade-old 2009 Health Breach Notification Rule, […]
Ransomware: A market problem deserves a market solution
To fight ransomware attacks, appreciate the economics — the markets that enable ransomware — and change the market dynamics.