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Kim Peretti

FCC Announces New National Security Unit Focusing on State-Sponsored Cyber Threats

March 17, 2025 By Kim Peretti and Carson Kuck

On March 13, 2025, the Federal Communications Commission’s (“FCC”) Chairman Brendan Carr announced the creation of a Council on National Security (the “Council”) with Adam Chan serving as the Director. This new Council will be comprised of eight Bureaus and Offices within the FCC and will “leverage the full range of the Commission’s regulatory, investigatory, […]

Filed Under: Board Governance & Cyber Risk Management

Emergence of Medusa Ransomware

March 14, 2025 By Kim Peretti

On March 12, 2025, the Cybersecurity and Infrastructure Security Agency (CISA), in collaboration with the Federal Bureau of Investigation (FBI) and the Multi-State Information Sharing and Analysis Center (MS-ISAC), issued a joint cybersecurity advisory on the growing threat of Medusa ransomware.  First detected in June 2021, Medusa operates under a ransomware-as-a-service (RaaS) model, allowing affiliates […]

Filed Under: Ransomware Fusion Center, Uncategorized Tagged With: Ransomware

Ghost (Cring) Ransomware: Understanding The Threat & How Enterprises Can Defend Themselves

February 21, 2025 By Kim Peretti

On February 19, 2025, the Cybersecurity and Infrastructure Security Agency (CISA), in collaboration with the Federal Bureau of Investigation (FBI) and the Multi-State Information Sharing and Analysis Center (MS-ISAC), issued a joint cybersecurity advisory on the growing threat of Ghost (Cring) ransomware. Active since early 2021, this ransomware group has targeted organizations in over 70 […]

Filed Under: Uncategorized

Ransom Payments At A Historic Low According to Report

February 20, 2025 By Kim Peretti and Scott Hilsen

On February 4, 2025, Coveware, Inc. released its quarterly ransomware report for the fourth quarter of 2024, and identified that the percentage of victims paying ransoms fell to a historic low of 25%.  While the average amount of a payment in Q4 2024 rose 16% quarter-over-quarter to $553,959, the median amount dropped a significant 45% […]

Filed Under: Board Governance & Cyber Risk Management, Ransomware Fusion Center Tagged With: Payments, Ransomware

CISA Releases the AI Cybersecurity Collaboration Playbook to Strengthen AI-related Cybersecurity Information Sharing and Collaboration

February 3, 2025 By Seol Namgoong and Kim Peretti

On January 14, 2025, the Cybersecurity and Infrastructure Security Agency (CISA) released the AI Cybersecurity Collaboration Playbook (the “Playbook”) to provide guidance to organizations within the AI community (including AI providers, developers, and adopters) to voluntarily share AI-related cybersecurity information with CISA and its partners through the Joint Cyber Defense Collaborative (JCDC). To combat AI-related […]

Filed Under: Board Governance & Cyber Risk Management

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