ransomware
The race against time in ransomware attacks
Most organizations lack strong cyber resilience strategies or data security capabilities to address threats and maintain business continuity, according to BigID. Despite both …
Cryptojacking soars as cyberattacks increase, diversify
Digital threat actors are adopting evolving tactical behaviors, opting for different types of malicious attacks compared to previous years, according to SonicWall. Overall …
RaaS proliferation: 14 new ransomware groups target organizations worldwide
In the Q2 2023, GuidePoint Research and Intelligence Team (GRIT) tracked 1,177 total publicly posted ransomware victims claimed by 41 different threat groups. The most …
Average cost of a data breach reaches $4.45 million in 2023
IBM released its annual Cost of a Data Breach Report, showing the global average cost of a data breach reached $4.45 million in 2023 – an all-time high for the report and a …
Exploring the macro shifts in enterprise security
The number of successful ransomware attacks and data breach attempts fell by 30% over the last year, the number of reported security incident types at organizations increased, …
Trends in ransomware-as-a-service and cryptocurrency to monitor
In January, law enforcement officials disrupted the operations of the Hive cybercriminal group, which profited off a ransomware-as-a-service (RaaS) business model. Hive is …
Same code, different ransomware? Leaks kick-start myriad of new variants
Threat landscape trends demonstrate the impressive flexibility of cybercriminals as they continually seek out fresh methods of attack, including exploiting vulnerabilities, …
Staying ahead of the “professionals”: The service-oriented ransomware crime industry
Ransomware has been a hugely profitable industry for criminal gangs for the last few years. The total amount of ransom paid since 2020 is estimated to be at least $2 billion, …
Microsoft patches four exploited zero-days, but lags with fixes for a fifth (CVE-2023-36884)
For July 2023 Patch Tuesday, Microsoft has delivered 130 patches; among them are four for vulnerabilites actively exploited by attackers, but no patch for CVE-2023-36884, an …
Law firms under cyberattack
In April 2023, Australian law firm HWL Ebsworth was hit by a cyberattack that possibly resulted in data of hundreds of its clients and dozens of government agencies being …
Number of email-based phishing attacks surges 464%
The evolving cyberattack landscape reveals the increasing utilization of generative artificial intelligence (AI) systems, like ChatGPT, by cybercriminals for crafting …
New disturbing ransomware trend threatens organizations
Ransomware attacks increased by over 37% in 2023 compared to the previous year, with the average enterprise ransom payment exceeding $100,000, with a $5.3 million average …