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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

Rebrand, regroup, ransomware, repeat

Changes witnessed over the last few years have led to larger ransomware groups breaking into smaller units, posing more considerable challenges for law enforcement. Ransomware actors are evading arrest more easily and adapting methods with innovative.....»»

Category: securitySource:  netsecurityRelated NewsAug 26th, 2024

Volvo Trucks picks Monterrey for $700 million Mexico assembly plant

Volvo AB said in April that it aimed to build a plant in Mexico to supply the group's Volvo Trucks and Mack Trucks businesses in the U.S. and Canada as well as Mack Trucks in Mexico and Latin America.  .....»»

Category: topSource:  autonewsRelated NewsAug 23rd, 2024

The changing dynamics of ransomware as law enforcement strikes

After peaking in late 2023, the ransomware industry is beginning to stabilize in productivity, with notable developments in ransomware targets, and industry dynamics, according to WithSecure. Sectors impacted by ransomware (Source: WithSecure) While.....»»

Category: securitySource:  netsecurityRelated NewsAug 23rd, 2024

QNAP releases QTS 5.2 to prevent data loss from ransomware threats

QNAP has released the QTS 5.2 NAS operating system. A standout feature of this release is the debut of Security Center, which actively monitors file activities and thwarts ransomware threats. Additionally, system security receives a boost with the in.....»»

Category: securitySource:  netsecurityRelated NewsAug 22nd, 2024

Most ransomware attacks occur between 1 a.m. and 5 a.m.

There’s been an alarming increase in ransomware attacks over the past year, alongside significant shifts in the tactics and strategies employed by cybercriminals that underscore the necessity for organizations to implement around-the-clock moni.....»»

Category: securitySource:  netsecurityRelated NewsAug 22nd, 2024

Top architectural firm reveals it was hit by major ransomware attack

CannonDesign starts notifying people a year and a half after the incident......»»

Category: topSource:  theglobeandmailRelated NewsAug 21st, 2024

Do celebrity endorsements make a difference? 19% of young people admit they might

British pop star Charli XCX sent many young people's group text chats and social media feeds went wild when she endorsed Kamala Harris by playing off a term she coined in a song, and posted on X, that "kamala IS brat.".....»»

Category: topSource:  physorgRelated NewsAug 21st, 2024

How small businesses can harness the productivity power of AI

How small businesses can harness the productivity power of AI.....»»

Category: topSource:  marketingvoxRelated NewsAug 20th, 2024

Crypto-linked cybercrime saw another record year as ransomware risk rises

Ransomware operators have earned more money in 2024 compared to last year as scam possibilites grow......»»

Category: topSource:  marketingvoxRelated NewsAug 16th, 2024

Gen AI interest is helping push cloud investment to a new high

Businesses are strategically investing in hybrid and public cloud in order to fuel their growth in AI usage......»»

Category: topSource:  informationweekRelated NewsAug 16th, 2024

Study shows companies can profit by aligning financial goals with social aims

International research involving Monash University has shown that businesses can achieve financial success by embracing critical global issues such as climate change, poverty, human rights violations and medical breakthroughs as a core mission......»»

Category: topSource:  informationweekRelated NewsAug 15th, 2024

Unlearning the RaaS Model: How ransomware attacks are evolving

Unlearning the RaaS Model: How ransomware attacks are evolving.....»»

Category: topSource:  theglobeandmailRelated NewsAug 15th, 2024

Cloud bills are rising for businesses of all sizes

Businesses are responding to increasing cloud prices by moving away from the ‘Big 3’ and seeking alternatives......»»

Category: topSource:  theglobeandmailRelated NewsAug 14th, 2024

ClearSale introduces three solutions to protect businesses from fraud

ClearSale has announced a new portfolio of fraud prevention tools designed to meet the evolving needs of today’s digital retail landscape. The newly launched suite, dubbed “Preventative Intel,” introduces three powerful solutions: I.....»»

Category: securitySource:  netsecurityRelated NewsAug 14th, 2024

Australian gold mining company hit with ransomware

Australian gold mining firm Evolution Mining has announced on Monday that it became aware on 8 August 2024 of a ransomware attack impacting its IT systems, and has been working with its external cyber forensic experts to investigate the incident. .....»»

Category: securitySource:  netsecurityRelated NewsAug 13th, 2024

FBI claims success in taking down another major ransomware group

Law enforcement seized dozens of servers belonging to Radar, but no one was arrested......»»

Category: topSource:  marketingvoxRelated NewsAug 13th, 2024

International investigation shuts down Radar/Dispossessor ransomware group

FBI Cleveland announced the disruption of “Radar/Dispossessor”—the criminal ransomware group led by the online moniker “Brain”—and the dismantling of three U.S. servers, three United Kingdom servers, 18 German servers, eight U.....»»

Category: securitySource:  netsecurityRelated NewsAug 13th, 2024

74% of ransomware victims were attacked multiple times in a year

An alarming trend toward multiple, sometimes simultaneous cyber attacks forces business leaders to re-evaluate their cyber resilience strategies to address common points of failure, including inadequate identity system backup and recovery practices,.....»»

Category: securitySource:  netsecurityRelated NewsAug 12th, 2024

Malware-as-a-Service and Ransomware-as-a-Service lower barriers for cybercriminals

The sophistication of cyber threats has escalated dramatically, with malicious actors’ deploying advanced tactics, techniques, and procedures (TTPs) to exploit vulnerabilities and evade detection, according to Darktrace. Subscription-based tools su.....»»

Category: securitySource:  netsecurityRelated NewsAug 9th, 2024

This HP business laptop with Copilot is over $900 off

The HP 250 G9 laptop is a great choice for businesses or students on a budget. It's on sale now at HP......»»

Category: topSource:  digitaltrendsRelated NewsAug 8th, 2024