Tag: Ransomware
Thrillogy
March 6, 2024Ken Showers, Managing Editor
The return of dreaded continuity. I swear that three is our lucky number and this will be the last time I discuss ransomware in this space, at least for a little while.
BlackCat/ALPHV is apparently falling apart this week if you’ve been following that story closely. The official word is that they stole the $22 million payment from UnitedHealthcare and collectively ghosted the world. Which, you know, that money is kind of already stolen? I mean, that’s what blackmail basically is, guys....
United they fall
February 28, 2024Ken Showers, Managing Editor
Oh man, I really don’t like doing the same topic two weeks in a row, but we have to talk about ransomware again.
It should be about the ADT webcast, but we’ll save that one for next week, as a treat. Instead, today we’re going to take our medicine and I get to say I told you so while discussing the ransomware attack on UnitedHealthcare by BlackCat. You’ll remember BlackCat (ALPHV) because we’ve covered it before, but also because in this very blog spot last week I...
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....
Johnson Controls Q1 report reflects tough quarter
January 31, 2024Ken Showers, Managing Editor
CORK, Ireland—Johnson Controls International (JCI) cited a ransomware attack and economic slowdowns in China contributing to tough first quarter 2024 results.
From released documents Johnson Controls (JCI) revealed GAAP earnings per share (“EPS”) from continuing operations of $0.55. Excluding special items, adjusted EPS from continuing operations was $0.51. Sales in the quarter of $6.1 billion were flat compared to the prior year on an as reported basis and declined...
AI tops emerging trends for 2024
January 17, 2024Ken Showers, Managing Editor
YARMOUTH, Maine – It’s a new year, and a new security industry as the latest Security Systems News (SSN) News Poll revealed that AI is the most popular trend heading into 2024, according to our readers.
The February news poll opened by asking our readers what 2024 security trends had most piqued their interest. Unsurprisingly 58.33% of responses said they were most interested in seeing how artificial intelligence (AI) will be changed or legislated. 25% are closely watching advances...
Video analytics confirmed mommy was kissing Santa Claus
December 20, 2023Ken Showers, Managing Editor
That’s right everyone, I’m back from vacation, and you know what that means? Yeah, I’m ready to have another vacation from my vacation.
Allow me to both physically and metaphorically crack my knuckles because I have two more of these blogs to knock out in 2023. Once the new year starts, I’m contractually obligated to spend at least a month talking about everyone’s 2024 predictions before getting swept off to new adventures. It’s probably going to be about...
Johnson Controls announces Q4 2023 earnings call
December 4, 2023SSN Staff
CORK, Ireland – Johnson Controls (JCI) has announced the date for its fourth fiscal quarter 2023 earnings call and webcast.
Occurring on Tuesday, Dec. 12, 2023, at 8:30 a.m. ET, the conference call for investors can be accessed either live via webcast at http://investors.johnsoncontrols.com/news-and-events/events-and-presentations, or by telephone (for "listen-only" participants and those who would like to ask a question) by dialing 844-763-8274 (in the United States) or +1-412-717-9224...
Trust fall
November 29, 2023Ken Showers, Managing Editor
Do you trust tech companies to protect and secure your personal privacy? According to one survey, it appears that a majority of smart home technology users do.
Now I am writing this way too late into the evening, the post-holiday doldrums make for slow or quiet news weeks. So, while I’m brainstorming a topic for this week’s blog and sending some post witching hour emails, I began reading some survey data from an article. It’s not new data, the article is a few months old now,...