Tag: LockBit
Poll respondents assess risk of theft, cyberattacks & more
April 23, 2024Ken Showers, Managing Editor
YARMOUTH, Maine - A majority of respondents to a recent SSN News Poll report that enhanced physical security and surveillance is the best answer to the rising problem of retail theft, while some wonder if that constitutes a sufficient response.
Among this month’s questions we discussed the rising problem of retail theft from organized crime groups and best practices to combat this trend. Most respondents, 60%, feel that enhanced physical security and surveillance is the best answer...
Quorum Cyber Threat Intelligence Outlook 2024 Report analyzes tumultuous year
February 23, 2024Ken Showers, Managing Editor
EDINBURGH, Scotland – 2024 is set to be a year full of security landmark events and challenges. Looking ahead Quorum Cyber has released its "Threat Intelligence Outlook 2024" report to address these cyber threats.
The in-depth report offers a strategic analysis of emerging cybersecurity threats, from malware and ransomware developments to geopolitical considerations and the outlook for 2024 global events.
Among its topics are examining the “Big Four” nation-state...
Bit defenders
February 21, 2024Ken Showers, Managing Editor
This week international members of law enforcement patted themselves on the back for slaying the proverbial dragon of LockBit, but in reality, it’s just one head of the Hydra.
I don’t mean to lessen or downplay that accomplishment either. This has been a serious blow to global cybercriminal activity and a victory against destabilizing actions taken by politically aligned criminal organizations (because let’s not pretend the ransomware gangs are largely state sponsored)....
LockBit disrupted by efforts of international law enforcement
February 20, 2024Ken Showers, Managing Editor
WASHINGTON, D.C., and LONDON – Law enforcement has struck a major blow against cybercriminals as an international task force arrested and indicted members of the LockBit ransomware group.
Called, “Operation Chronos,” the action was a joint effort by Britain’s National Crime Agency (NCA) and the Federal Bureau of Investigation (FBI) with a coalition of 10 countries that culminated with the seizure of LockBit operations and the apprehension of several affiliated hackers....
Chinese cybersecurity tightening in wake of recent attacks
November 13, 2023SSN Staff
BEIJING – This week China’s Finance Ministry has introduced a draft of measures for additional cybersecurity with regards to auditors working on matters of national security.
The draft, which became public on Nov. 10, additionally introduced guidance in how accounting firms should manage data related to Chinese firms, according to Reuters, which originally reported the story. It's part of a years-long effort by the Chinese government to crack down on data security,...