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Most businesses admit they would pay up to get rid of ransomware

More than three-quarters of firms would pay a ransom demand just to get back to work quickly......»»

Category: topSource:  theglobeandmailNov 7th, 2022

Wild weather is costing billions of dollars and putting the future of insurance in doubt

Late winter and early spring have been marked by wild weather sweeping large parts of Australia, damaging homes and businesses and causing power outages......»»

Category: topSource:  physorgRelated NewsSep 5th, 2024

The number of active ransomware groups is on the rise, research finds

The number of active groups has risen 56% since 2023......»»

Category: topSource:  marketingvoxRelated NewsSep 4th, 2024

Ransomware attacks escalate as critical sectors struggle to keep up

Ransomware remains a concerning cybersecurity threat, with attacks becoming more frequent, severe, and costly. Recent reports highlight alarming trends, including increased attacks on critical sectors like healthcare, education, and manufacturing. Th.....»»

Category: securitySource:  netsecurityRelated NewsSep 4th, 2024

Qilin ransomware targets Google Chrome credentials

Sophos X-Ops reveals a new strategy that harvests credentials from compromised networks, raising significant cybersecurity concerns for organizations......»»

Category: topSource:  informationweekRelated NewsSep 3rd, 2024

The attack with many names: SMS Toll Fraud

Bad actors leverage premium-rate phone numbers and bots to steal billions of dollars from businesses. In this Help Net Security video, Frank Teruel, CFO at Arkose Labs, discusses how to spot and stop them. The post The attack with many names: SMS Tol.....»»

Category: securitySource:  netsecurityRelated NewsSep 3rd, 2024

How ransomware tactics are shifting, and what it means for your business

In this Help Net Security interview, Tim West, Director of Threat Intelligence and Outreach at WithSecure, discusses Ransomware-as-a-Service (RaaS) with a focus on how these cybercriminal operations are adapting to increased competition, shifting str.....»»

Category: securitySource:  netsecurityRelated NewsSep 3rd, 2024

US Authorities Issue RansomHub Ransomware Alert

RansomHub spun out of the now defunct ALPHV......»»

Category: topSource:  theglobeandmailRelated NewsSep 3rd, 2024

New ransomware group is hitting VMware ESXi systems hard

Researchers spot a new ransomware actor called Cicada3301, but it's not linked to the game of the same name......»»

Category: topSource:  informationweekRelated NewsSep 2nd, 2024

City of Columbus sues man after he discloses severity of ransomware attack

Mayor said data was unusable to criminals; researcher proved otherwise. Enlarge (credit: Getty Images) A judge in Ohio has issued a temporary restraining order against a security researcher who presented evidence that a.....»»

Category: topSource:  pcmagRelated NewsAug 30th, 2024

ChatGPT hits 200 million active weekly users, but how many will admit using it?

Despite corporate prohibitions on AI use, people flock to the chatbot in record numbers. Enlarge (credit: Benj Edwards / Getty Images) On Thursday, OpenAI said that ChatGPT has attracted over 200 million weekly active us.....»»

Category: topSource:  informationweekRelated NewsAug 30th, 2024

How RansomHub went from zero to 210 victims in six months

RansomHub, a ransomware-as-a-service (RaaS) outfit that “popped up” earlier this year, has already amassed at least 210 victims (that we know of). Its affiliates have hit government services, IT and communication companies, healthcare ins.....»»

Category: securitySource:  netsecurityRelated NewsAug 30th, 2024

A macro look at the most pressing cybersecurity risks

Forescout’s 2024H1 Threat Review is a new report that reviews the current state of vulnerabilities, threat actors, and ransomware attacks in the first half of 2024 and compares them to H1 2023. “Attackers are looking for any weak point to bre.....»»

Category: securitySource:  netsecurityRelated NewsAug 30th, 2024

Glacier flooding in Alaskan capital sets new record

In the early hours of August 6, a lake dammed by Juneau's Mendenhall Glacier burst through the ice, flooding hundreds of homes and businesses in the Mendenhall Valley where many of the Alaskan capital's residents live. This outburst led to the larges.....»»

Category: topSource:  physorgRelated NewsAug 29th, 2024

Why ransomware attackers target Active Directory

Ransomware attacks have surged 78% year-over-year, affecting various sectors and organizations and significantly impacting supply chains. In this Help, Net Security video, Craig Birch, Technology Evangelist, and Principal Security Engineer at Cayosof.....»»

Category: securitySource:  netsecurityRelated NewsAug 29th, 2024

Pioneer Kitten: Iranian hackers partnering with ransomware affiliates

A group of Iranian hackers – dubbed Pioneer Kitten by cybersecurity researchers – is straddling the line between state-contracted cyber espionage group and initial access provider (and partner in crime) for affiliates of several ransomwar.....»»

Category: securitySource:  netsecurityRelated NewsAug 28th, 2024

Having it all is a myth: Family, personal commitments are pushing women out of their own businesses

This year Aotearoa New Zealand saw the highest rate of business closures since 2015, with 10,662 companies removed from the Company's Office quarterly register......»»

Category: topSource:  physorgRelated NewsAug 28th, 2024

BlackByte affiliates use new encryptor and new TTPs

BlackByte, the ransomware-as-a-service gang believed to be one of Conti’s splinter groups, has (once again) created a new iteration of its encryptor. “Talos observed some differences in the recent BlackByte attacks. Most notably, encrypte.....»»

Category: securitySource:  netsecurityRelated NewsAug 28th, 2024

Old methods, new technologies drive fraud losses

GenAI, deepfakes and cybercrime are critical threats putting intensifying pressures on businesses, according to Experian. Top online security concerns for consumers According to the FTC, consumers reported losing more than $10 billion to fraud in 202.....»»

Category: securitySource:  netsecurityRelated NewsAug 28th, 2024

Lateral movement: Clearest sign of unfolding ransomware attack

44% of unfolding ransomware attacks were spotted during lateral movement, according to Barracuda Networks. 25% of incidents were detected when the attackers started writing or editing files, and 14% were unmasked by behavior that didn’t fit with kn.....»»

Category: securitySource:  netsecurityRelated NewsAug 27th, 2024

Barriers to Success: Why are Businesses Struggling to Innovate with AI?

Barriers to Success: Why are Businesses Struggling to Innovate with AI?.....»»

Category: topSource:  theglobeandmailRelated NewsAug 27th, 2024