Information sharing is one of the most critical elements of any security strategy. Without it, security has to be painted with abroad brush when literally anything is possible. Being able to compare the device or network you are trying to protect against a set of threats that are known to be currently active is invaluable in pitting the right resources and countermeasures against the appropriate target.
Over this past Easter weekend, FortiGuard Labs came across a new malicious spam campaign specifically targeting South Korea. What made this campaign unique from others is that it is the first GandCrab 2.0 malspam ransomware campaign that we’ve seen in South Korea targeting organizations in the financial sector. It appears to be originating from the VenusLocker group, which we highlighted in December of last year when we documented that they had switched their game plan from ransomware to cryptocurrency mining. Well, it appears that the VenusLocker group is back in the ransomware game, this time with GandCrab.
Recent reports of large data breaches are alarming for everyone. Customers worry about the implications of having their financial and personal information hijacked. The organizations that were compromised worry about both the near-term and the long-term effects on their business. And other organizations worry if they will be next. Two things are certain, though. The cost of a data breach is going to be really expensive, and it’s not going to be the last time it happens.
Digital business is transforming how organizations and individuals communicate, operate, and interact. These changes not only hold the promise for new opportunities, but also bring new risks to data, economies, and resources. Which is why Fortinet is a Gold Sponsor at this year’s IBM Think 2018, being held March 19-22 at the Mandalay Bay in Las Vegas.
The problem with the future-as baseball legend Yogi Berra, the founders of the Internet, and any CISO or CTO can assure you-is that, increasingly, it ain't what it used to be.
In today’s digital economy, speed and efficiency are essential. So is the ability to access data from anywhere and from any device. These demands are forcing the network to change, increasing the amount of data that networks need to manage and the number of devices connected to those networks. This is responsible for growing the potential attack surface of today’s networks.
Financial services firms are partnering with fintech organizations to drive innovation. Learn the role cybersecurity must play in these partnerships.
FortiGuard Labs just recently found new Sage ransomware samples that, while they appear to still be Sage 2.2, now have added tricks focused on anti-analysis and privilege escalation. In this article, we will share our findings of these recent updates.
For anyone reading the news regularly, it’s not hard to grasp that cyber threats are getting more sophisticated and damaging by the day. From a security technology provider’s perspective, I can add that tackling them is a fast mounting challenge for the millions of businesses that come under attack daily. Modern cybersecurity technologies – assuming you have already put in place the right professionals, policies, and processes − are a must. But organizations deploying them need to look beyond the boxes that sit on...
Threat intelligence is a necessary part of threat detection, yet is often ignored. Learn why financial institutions must focus on building their architecture for automated threat intelligence.