Hollywood Studio Hit By Cyber Extortion Says: 'Don't Trust Hackers'

Larson Studios Paid a $50,000 Ransom. They Were Burned Anyway.
The back story behind the ransom attack that led to the unauthorized early release of the Netflix series “Orange Is the New Black” is a cautionary tale in dealing with cyber extortionists such as The Dark Overlord.

Source: Bank Info Security
Hollywood Studio Hit By Cyber Extortion Says: ‘Don’t Trust Hackers’

Appellate Court to Rule on FTC's Case vs. LabMD

Both Sides Make Their Final Arguments Before Panel of Judges
The long-running data security dispute between cancer testing laboratory LabMD and the Federal Trade Commission is now in the hands of a panel of appellate court judges, who heard oral arguments this week. Experts weigh in on the significance of the case.

Source: Bank Info Security
Appellate Court to Rule on FTC’s Case vs. LabMD

FBI: Reported Internet-Enabled Crime Losses Hit $1.3 Billion

Rising Attacks: CEO Fraud, Ransomware, Tech-Support Fraud, Extortion
The FBI says reported losses due to internet crime last year totaled $1.3 billion, based on nearly 300,000 complaints logged with its Internet Complaint Center. It warns that CEO fraud, ransomware, tech-support fraud and extortion are becoming increasingly prevalent.

Source: Bank Info Security
FBI: Reported Internet-Enabled Crime Losses Hit .3 Billion

The Week in Ransomware – June 23rd 2017 – A Fricken 1 Million Dollar Ransom Payment

What a crazy week. The biggest news is that we had a hosting company who actually paid a 1 million dollar (think Dr. Evil) ransomware payment. We then had the return of Locky, which at one point was the preminent ransomware being distributed. Will have to see if it can become king of the hill again. […]

Source: leepingcomputer.com
The Week in Ransomware – June 23rd 2017 – A Fricken 1 Million Dollar Ransom Payment

Kantara Initiative Releases Consent Receipt Form for GDPR

With less than one year before GDPR kicks in, the newswaves have been flooded in recent months with new surveys showing how ill-prepared business still remains. But while there is much news, there has been little in the way of practical technology solutions.

read more



Source: Security Week
Kantara Initiative Releases Consent Receipt Form for GDPR