Rackspace Ransomware Costs Soar to Nearly $12M

Rackspace's 2022 ransomware attack costs only continue to mount, with lawsuits in the offing — and show the long-tail costs of a cyberattack [TechWeb]( Follow Dark Reading: [RSS]( November 16, 2023 LATEST SECURITY NEWS & COMMENTARY [Rackspace Ransomware Costs Soar to Nearly $12M]( Rackspace's 2022 ransomware attack costs only continue to mount, with lawsuits in the offing — and show the long-tail costs of a cyberattack. ['AlphaLock' Hacker Organization Launches Pen-Testing Training Group]( With a two-pronged approach, the group trains its hackers in penetration testing, only to set them free to build a marketplace for pen-testing services. [Oil Giant Aramco Drills Down on Saudi ICS Security]( Saudi Arabia's national oil and gas company is investing in an operational technology security training academy for organizations across the Kingdom. [Cyber Resilience Requires Maturity, Persistence & Board Engagement]( Women in Cyber Security Middle East highlight a requirement for resilience in the face of increased business and cyber challenges. [After Critical Bug Disclosures, TETRA Emergency Comms Code Goes Public]( After the encryption algorithm used by public safety, military, and governments globally was found to allow eavesdropping, standard maintainers are making TETRA open source. [Defending Against Attacks on Vulnerable IoT Devices]( Organizations must approach cybersecurity as if they are defending themselves in a cyberwar. [(Sponsored Article) SaaS Vendor Risk Assessment in 3 Steps]( SaaS applications are the new supply chain and, practically speaking, SaaS is the modern vendor. Here are three straightforward steps to manage this new vendor risk. [MORE NEWS /]( [MORE COMMENTARY]( HOT TOPICS [21 Vulnerabilities Discovered in Crucial IT-OT Connective Routers]( In this Black Hat Europe preview, devices bridging critical machinery with the wider Internet are exposed and subject to numerous supply chain-induced bugs. [Steps CISOs Should Take Before, During & After a Cyberattack]( By creating a plan of action, organizations can better respond to attacks. [Royal Ransom Demands Exceed $275M, Rebrand in Offing]( The swift-moving ransomware crew continues to evolve quickly and has already attacked more than 350 victims since it was first detected just over a year ago. ['Hunters International' Cyberattackers Take Over Hive Ransomware]( Hunters International appears to have acquired Hive ransomware from its original operators and may be seeking to cash in on the malware's reputation. [MORE]( EDITORS' CHOICE [Microsoft Zero-Days Allow Defender Bypass, Privilege Escalation]( Another two bugs in this month's set of fixes for 63 CVEs were publicly disclosed previously but have not been exploited yet. LATEST FROM THE EDGE [EU Tightens Cybersecurity Requirements for Critical Infrastructure and Services]( Organizations in "essential" sectors have until October 2024 to comply with the Network and Information Systems Directive 2022 (NIS2). LATEST FROM DR TECHNOLOGY [First Wave of Vulnerability-Fixing AIs Available for Developers]( GitHub joins a handful of startups and established firms in the market, but all the products are essentially "caveat developer" — let the developer beware. LATEST FROM DR GLOBAL [Qatar & Rwanda Partner to Boost Cybersecurity in Africa]( The two countries will work on AI security guardrails, public key infrastructure, smart city cyber, and more. WEBINARS - [How to Combat the Latest Cloud Security Threats]( More businesses have shifted critical assets and operations to the cloud, as service providers enhance their security capabilities and companies adapt to more remote workforces. In this webinar, experts outline the top ways that attackers are exploiting cloud services, applications ... - [SecOps & DevSecOps in the Cloud]( Security teams today face the dual challenge of securing cloud-native applications as well as their software development processes that increasingly operate in the cloud. At the same time, attacks are rising against misconfigured cloud instances as well as a new ... [View More Dark Reading Webinars >>]( WHITE PAPERS - [The Forrester Wave: External Threat Intelligence Service Providers, Q3 2023]( - [Threat Intelligence: Data, People and Processes]( - [Global Perspectives on Threat Intelligence]( - [Building Cyber Resiliency: Key Strategies for Proactive Security Operations]( - [Mandiant Threat Intelligence at Penn State Health]( - [9 Traits You Need to Succeed as a Cybersecurity Leader]( - [The Ultimate Guide to the CISSP]( [View More White Papers >>]( FEATURED REPORTS - [The State of Supply Chain Threats]( - [What Ransomware Groups Look for in Enterprise Victims]( Ransomware attackers cast a wide net -- they just care about causing damage, making money, and gaining new victims. That means no organization is automatically immune to attack just because of its size or industry. Organizations need to take steps ... - [How Enterprises Are Managing Application Security Risks in a Heightened Threat Environment]( Concerns over API security and low-code/no-code use added to an already-full plate of application security challenges for many organizations over the last year. IT and security decision-makers are deeply concerned about compromises resulting from vulnerabilities in the software supply ... [View More Dark Reading Reports >>]( PRODUCTS & RELEASES [Malwarebytes Labs Reveals 50% Uptick in Credit Card Skimming in Advance of the Holiday Shopping Season]( [DirectDefense Launches ThreatAdvisor 3.0 to Streamline Security Operations With SOAR Technology]( [LastPass Launches Enhanced User Interface for Mobile Vault]( [Stream Security Expands into CloudSecOps Market With Launch of Real-Time Cloud Security Solution]( [MORE PRODUCTS & RELEASES]( CURRENT ISSUE [Tips for a Streamlined Transition to Zero Trust]( [DOWNLOAD THIS ISSUE]( [VIEW BACK ISSUES]( Dark Reading Daily -- Published By [Dark Reading]( Informa Tech Holdings LLC | Registered in the United States with number 7418737 | 605 Third Ave., 22nd Floor, New York, New York 10158, USA To opt-out of any future Dark Reading Daily Newsletter emails, please respond [here.]( Thoughts about this newsletter? 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