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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 …

lock
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, …

ransomware
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 …

laptop
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, …

ransomware
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, …

patch tuesday
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
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 …

phishing
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 …

ransomware
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 …

fire
Is your browser betraying you? Emerging threats in 2023

Network attacks (IPS detections) have remained relatively flat over the last three quarters, technically down a bit more than 3%, according to WatchGuard. “Organisations need …

ransomware
75% of consumers prepared to ditch brands hit by ransomware

As 40% of consumers harbor skepticism regarding organizations’ data protection capabilities, 75% would shift to alternate companies following a ransomware attack, …

healthcare
How ransomware impacts the healthcare industry

Healthcare continues to be one of the most attractive targets for cyberattackers, and the number of breaches affecting the industry is increasing yearly. In this Help Net …

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