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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

BlackBasta claims Synlab attack, leaks some stolen documents

The BlackBasta ransomware / cyber extortion gang is behind the recent cyber attack that resulted in the temporary shutdown of operations at Synlab Italia. The group claimed the attack on their leak site on Saturday and says they have exfiltrated appr.....»»

Category: securitySource:  netsecurityRelated NewsMay 6th, 2024

Orum No Code Verify helps businesses validate bank accounts

Orum launched No Code Verify, which helps businesses and institutions determine whether a bank account is open and valid before initiating payments — all without integrating an API. Orum’s Verify solution offers 100% coverage of all US-based cons.....»»

Category: securitySource:  netsecurityRelated NewsMay 3rd, 2024

Coldplay, Drake, Ariana Grande and other UMG artists return to TikTok

Songs from UMG artists are now again available to TikTok creators, after a dispute over royalty payments and AI policies was resolved. This has seen the return of a lengthy list of artists, including Bad Bunny, Sting, The Weeknd, Alicia Keys, Drak.....»»

Category: topSource:  marketingvoxRelated NewsMay 2nd, 2024

Virsec releases security tools to offer ransomware protection

Virsec released TrustSight and TrustGuardian, its newest security tools in the fight against an ever-expanding threat environment – one where EDRs miss up to 30% of attacks, and ransomware detonates in milliseconds, according to various sources.....»»

Category: securitySource:  netsecurityRelated NewsMay 2nd, 2024

AI-driven phishing attacks deceive even the most aware users

Vishing and deepfake phishing attacks are on the rise as attackers leverage GenAI to amplify social engineering tactics, according to Zscaler. AI automates and personalizes various aspects of the attack process AI-driven phishing attacks leverage AI.....»»

Category: securitySource:  netsecurityRelated NewsMay 2nd, 2024

Health care giant comes clean about recent hack and paid ransom

Ransomware attack on the $371 billion company hamstrung US prescription market. Enlarge (credit: Getty Images) Change Healthcare, the health care services provider that recently experienced a ransomware attack that hamst.....»»

Category: topSource:  arstechnicaRelated NewsApr 30th, 2024

First Apple Card holders to get new titanium card as original is about to expire

Apple Card was launched in 2019 in the US, and although using it with Apple Pay is the best solution, the company provides a physical card made of titanium so that holders can make purchases in stores that don’t accept contactless payments. Interes.....»»

Category: topSource:  pcmagRelated NewsApr 30th, 2024

Porsche dealership sales manager took bribes in exchange for high-demand vehicles, lawsuit alleges

The sales manager of a Porsche dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

Manager took bribes in exchange for high-demand vehicles, lawsuit alleges

The sales manager of a luxury dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»

Category: topSource:  autonewsRelated NewsApr 29th, 2024

Hackers are using developing countries for ransomware practice

Businesses in Africa, Asia, and South America hit before moving on to Western targets. Enlarge (credit: Getty Images) Cyber attackers are experimenting with their latest ransomware on businesses in Africa, Asia, and Sout.....»»

Category: topSource:  arstechnicaRelated NewsApr 24th, 2024

Hackers are carrying out ransomware experiments in developing countries

Businesses in Africa, Asia, and South America hit before moving on to western targets. Enlarge (credit: Getty Images) Cyber attackers are experimenting with their latest ransomware on businesses in Africa, Asia and South.....»»

Category: topSource:  arstechnicaRelated NewsApr 24th, 2024

Veeam acquires Coveware to boost its ransomware protection capabilities

Veeam Software announced the acquisition of Coveware, a provider in cyber-extortion incident response. It brings ransomware recovery and first responder capabilities to further strengthen Veeam’s radical resilience solutions for customers. Coveware.....»»

Category: securitySource:  netsecurityRelated NewsApr 23rd, 2024

Align introduces ransomware prevention feature, powered by Adlumin

Align announces the inclusion of a new ransomware prevention feature to enhance its Align Guardian Managed Detection and Response offering powered by Adlumin. This innovative solution is designed to detect and halt ransomware in its tracks, safeguard.....»»

Category: securitySource:  netsecurityRelated NewsApr 23rd, 2024

Behavioral patterns of ransomware groups are changing

Q1 saw substantial shifts in activity from some of the most prolific Ransomware-as-a-Service (RaaS) groups, according to GuidePoint Security. RaaS groups attempt to recruit disaffected or displaced affiliates In addition to revealing a nearly 20% yea.....»»

Category: securitySource:  netsecurityRelated NewsApr 23rd, 2024

EU to approve Apple’s iPhone NFC chip policy changes, will allow competitors to Apple Pay

The EU commission is set to approve Apple’s previously-announced policy changes regarding access to the NFC chip on the iPhone, with the view of increasing competition in the contactless payments market. The commission’s decision will be official.....»»

Category: topSource:  marketingvoxRelated NewsApr 19th, 2024

Elizabeth Warren on green texts: Apple is ruining relationships

Senator Elizabeth Warren has tweeted a somewhat bizarre one-minute video in which she says that green texts are “ruining relationships” and that this is “just one of the dirty tactics that Apple uses to keep a stranglehold on the smartphone mar.....»»

Category: topSource:  theglobeandmailRelated NewsApr 19th, 2024

Ransomware in Q1 2024: Frequency, size of payments trending downwards, SMBs beware!

More organizations hit by ransomware gangs are starting to realize that it doesn’t pay to pay up: “In Q1 2024, the proportion of victims that chose to pay touched a new record low of 28%,” ransomware incident response firm Coveware.....»»

Category: securitySource:  netsecurityRelated NewsApr 19th, 2024

Whistleblower reveals 2023 CareGard cyberattack, says F&I company concealed it from partners

AFG Cos. was unprepared for a ransomware attack last summer, for months had been unsure of the extent of the breach, and as of early this month hadn't alerted automaker partners or the agents selling its coverage to dealerships, a whistleblower alleg.....»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

Former AFG exec reveals 2023 CareGard data breach, criticizes company"s response

AFG Cos. was unprepared for a ransomware attack last summer, for months had been unsure of the extent of the breach, and as of early this month hadn't alerted automaker partners or the agents selling its coverage to dealerships, a whistleblower alleg.....»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

Cheap ransomware for sale on dark web marketplaces is changing the way hackers operate

Since June 2023, Sophos X-Ops has discovered 19 junk gun ransomware variants — cheap, independently produced, and crudely constructed — on the dark web. The developers of these junk gun variants are attempting to disrupt the traditional affiliate.....»»

Category: securitySource:  netsecurityRelated NewsApr 18th, 2024