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New coercive tactics used to extort ransomware payments

The increase in reported ransomware victims across Q1 2023 reflects the continued prevalence of ransomware as a worldwide, industry agnostic threat, according to GuidePoint Security. The report is based on data obtained from publicly available resour.....»»

Category: securitySource:  netsecurityApr 26th, 2023

US government spending $50m on auto-patcher for hospital IT

There is a lot at stake for the UPGRADE program as hackers continue to batter healthcare organizations with malware and ransomware......»»

Category: topSource:  pcmagRelated NewsMay 23rd, 2024

Fighting identity fraud? Here’s why we need better tech

In this Help Net Security video, Patrick Harding, Chief Architect at Ping Identity, discusses the state of identity fraud prevention. Businesses must adopt more advanced technologies to combat the advancing tactics of identity fraud. Organizations th.....»»

Category: securitySource:  netsecurityRelated NewsMay 21st, 2024

Week in review: New Black Basta’s social engineering campaign, passing the CISSP exam in 6 weeks

Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: Black Basta target orgs with new social engineering campaign Black Basta, one of the most prolific ransomware-as-a-service operators, is trying out.....»»

Category: securitySource:  netsecurityRelated NewsMay 20th, 2024

Cybercriminals shift tactics to pressure more victims into paying ransoms

Ransomware didn’t just grow in the US in 2023, it evolved, with the frequency of ransomware claims jumping 64% year-over-year, according to At-Bay. This was primarily driven by an explosion in “indirect” ransomware incidents which increased.....»»

Category: securitySource:  netsecurityRelated NewsMay 20th, 2024

Merchants in Japan can finally use Tap to Pay for iPhone

Apple Tap to Pay has rolled out in another country, with Japanese users now able to take card payments directly from their iPhone.Tap to Pay is now available to merchants in JapanTap to Pay is Apple's system to allow iPhone users to take contactless.....»»

Category: topSource:  informationweekRelated NewsMay 17th, 2024

GM, LG reach $150M settlement over Chevrolet Bolt EV battery fires, recall

GM and LG have reached $150M settlement over Chevrolet Bolt EV battery fires. The deal would give owners of recalled Bolts payments of $700 or $1,400, depending on whether they have had their EV battery replaced......»»

Category: topSource:  pcmagRelated NewsMay 16th, 2024

Ransomware statistics that reveal alarming rate of cyber extortion

In this article, you will find excerpts from various reports that offer statistics and insights about the current ransomware landscape. Global ransomware crisis worsens NTT Security Holdings | 2024 Global Threat Intelligence Report | May 20.....»»

Category: securitySource:  netsecurityRelated NewsMay 15th, 2024

AT&T paid bribes to get two major pieces of legislation passed, US gov’t says

Payments helped AT&T obtain key legislative wins in Illinois, prosecutors say. Enlarge (credit: Getty Images | AaronP/Bauer-Griffin) The US government has provided more detail on how a former AT&T executive allegedly bri.....»»

Category: topSource:  arstechnicaRelated NewsMay 14th, 2024

Black Basta ransomware group is imperiling critical infrastructure, groups warn

Threat group has targeted 500 organizations. One is currently struggling to cope. Enlarge (credit: Getty Images) Federal agencies, health care associations, and security researchers are warning that a ransomware group tr.....»»

Category: topSource:  arstechnicaRelated NewsMay 13th, 2024

Black Basta target orgs with new social engineering campaign

Black Basta, one of the most prolific ransomware-as-a-service operators, is trying out a combination of email DDoS and vishing to get employees to download remote access tools. Black Basta TTPs and newest initial access attempts According to a cybers.....»»

Category: securitySource:  netsecurityRelated NewsMay 13th, 2024

Large US developers are avoiding third-party App Store alternate payment plans

No major US app developers have chosen to opt in to new App Store rules allowing outside links for payments, because there is effectively no savings, Apple told a judge during testimony on Friday.Epic's battle with Apple continuesApple had revised it.....»»

Category: appleSource:  appleinsiderRelated NewsMay 12th, 2024

Ransomware attacks impact 20% of sensitive data in healthcare orgs

Recent cyber incidents demonstrate the healthcare industry continues to be a prime target for ransomware hackers, according to Rubrik. New research by Rubrik Zero Labs reveals that ransomware attacks produce larger impacts against these healthcare ta.....»»

Category: securitySource:  netsecurityRelated NewsMay 9th, 2024

Global ransomware crisis worsens

Ransomware and extortion incidents surged by 67% in 2023, according to NTT Security Holdings’ 2024 Global Threat Intelligence Report. Global ransomware crisis After a down year in 2022, ransomware and extortion incidents increased in 2023. More.....»»

Category: securitySource:  netsecurityRelated NewsMay 9th, 2024

97% of organizations hit by ransomware turn to law enforcement

Sophos has released additional findings from its annual “State of Ransomware 2024” survey. According to the report, among organizations surveyed, 97% of those hit by ransomware over the past year engaged with law enforcement and/or official gover.....»»

Category: securitySource:  netsecurityRelated NewsMay 8th, 2024

Ransomware mastermind LockBitSupp reveled in his anonymity—now he’s been ID’d

The US places a $10 million bounty for the arrest of Dmitry Yuryevich Khoroshev. Enlarge / Dmitry Yuryevich Khoroshev, aka LockBitSupp (credit: UK National Crime Agency) Since at least 2019, a shadowy figure hiding behin.....»»

Category: topSource:  arstechnicaRelated NewsMay 7th, 2024

LockBit leader unmasked: US charges Russian national

Russian national Dmitry Khoroshev is “LockBitSupp”, the creator, developer and administator of the infamous LockBit ransomware group, according to UK, US and Australia law enforcement agencies. The US Justice Deparment has unsealed charge.....»»

Category: securitySource:  netsecurityRelated NewsMay 7th, 2024

The mastermind of the prolific ransomware group LockBit has finally been unmasked

The US places a $10 million bounty for the arrest of Dmitry Yuryevich Khoroshev. Enlarge / Dmitry Yuryevich Khoroshev, aka LockBitSupp (credit: UK National Crime Agency) Since at least 2019, a shadowy figure hiding behin.....»»

Category: topSource:  arstechnicaRelated NewsMay 7th, 2024

Ransomware operations are becoming less profitable

As the number of real (and fake) victims of ransomware gangs continues to rise, the number of ransomware payments is falling, along with the average ransom payment. The reasons behind this decrease are many: increased cyber resilience of organization.....»»

Category: securitySource:  netsecurityRelated NewsMay 7th, 2024

Ransomware activity is back on track despite law enforcement efforts

Despite significant disruptions for high-profile ransomware gangs LockBit and BlackCat, Q1 2024 became the most active first quarter ever recorded — a 21% increase over Q1 2023, according to Corvus Insurance. In January, Corvus reported that global.....»»

Category: securitySource:  netsecurityRelated NewsMay 7th, 2024

Cybercrime stats you can’t ignore

In this article, you will find excerpts from various reports that offer stats and insights about the current cybercrime landscape. Behavioral patterns of ransomware groups are changing GuidePoint Security | GRIT Q1 2024 Ransomware Report |.....»»

Category: securitySource:  netsecurityRelated NewsMay 7th, 2024