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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

Ford CEO Jim Farley"s 2023 compensation rises to $26.5M

While his base salary remains unchanged and bonus payments fell, Farley's overall compensation rose based on revamped stock awards that estimate future payouts......»»

Category: topSource:  autonewsRelated NewsMar 29th, 2024

NHS Scotland confirms ransomware attackers leaked patients’ data

NHS Dumfries and Galloway (part of NHS Scotland) has confirmed that a “recognised ransomware group” was able to “access a significant amount of data including patient and staff-identifiable information,” and has published R.....»»

Category: securitySource:  netsecurityRelated NewsMar 28th, 2024

How CISOs tackle business payment fraud

In this Help Net Security video, Shai Gabay, CEO of Trustmi, discusses why payments are a source of cyber worry for CISOs. CISOs are worried about Business Email Compromise (BEC), cyber attackers’ use of AI, and securing the supply chain. These.....»»

Category: securitySource:  netsecurityRelated NewsMar 28th, 2024

Essential elements of a strong data protection strategy

In this Help Net Security interview, Matt Waxman, SVP and GM for data protection at Veritas Technologies, discusses the components of a robust data protection strategy, emphasizing the escalating threat of ransomware. He highlights the importance of.....»»

Category: securitySource:  netsecurityRelated NewsMar 27th, 2024

Automakers, Tier 1 companies ask suppliers for parts payment delays as investment costs mount

Some automakers and Tier 1 parts companies, on the hook for billions of dollars in EV and software-related investments, are asking their supply chains for longer payment terms or to defer payments entirely......»»

Category: topSource:  autonewsRelated NewsMar 26th, 2024

Google Wallet now Requires You to Unlock your Phone for Payments

This is similar to what other companies like Apple have been doing, which would usually require a user to unlock their device with Face ID. The post Google Wallet now Requires You to Unlock your Phone for Payments appeared first on Phandroid......»»

Category: asiaSource:  phandroidRelated NewsMar 23rd, 2024

Honda to trim U.S. dealer profit margins

The company is also making some reductions and changes in marketing, advertising and service payments as it adjusts spending for the shift to electric vehicles......»»

Category: topSource:  autonewsRelated NewsMar 22nd, 2024

Attackers are exploiting JetBrains TeamCity flaw to deliver a variety of malware

Attackers are exploiting the recently patched JetBrains TeamCity auth bypass vulnerability (CVE-2024-27198) to deliver ransomware, cryptominers and remote access trojans (RATs), according to Trend Micro researchers. The CVE-2024-27198 timeline CVE-20.....»»

Category: securitySource:  netsecurityRelated NewsMar 21st, 2024

Malware stands out as the fastest-growing threat of 2024

93% of IT professionals believe security threats are increasing in volume or severity, a significant rise from 47% last year, according to Thales. The number of enterprises experiencing ransomware attacks surged by over 27% in the past year. Despite.....»»

Category: securitySource:  netsecurityRelated NewsMar 21st, 2024

The most prevalent malware behaviors and techniques

An analysis of 100,000+ Windows malware samples has revealed the most prevalent techniques used by malware developers to successfully evade defenses, escalate privileges, execute the malware, and assure its persistence. Malware tactics and techniques.....»»

Category: securitySource:  netsecurityRelated NewsMar 20th, 2024

Member of LockBit ransomware group sentenced to 4 years in prison

33-year-old Canadian-Russian national pleaded guilty last month. Enlarge (credit: Getty Images | Charles O'Rear) A dual Canadian-Russian national has been sentenced to four years in prison for his role in infecting more.....»»

Category: topSource:  arstechnicaRelated NewsMar 14th, 2024

Amid paralyzing ransomware attack, feds probe UnitedHealth’s HIPAA compliance

UnitedHealth said it will cooperate with the probe as it works to restore services. Enlarge (credit: Getty | Bloomberg) As health systems around the US are still grappling with an unprecedented ransomware attack on the c.....»»

Category: topSource:  arstechnicaRelated NewsMar 14th, 2024

Businesses leaving their Kubernetes containers exposed to ransomware

Businesses leaving their Kubernetes containers exposed to ransomware.....»»

Category: topSource:  pcmagRelated NewsMar 14th, 2024

IT leaders think immutable data storage is an insurance policy against ransomware

IT leaders consider immutable storage as a must-have in the fight against cyberattacks, according to Scality. Ransomware threats are now understood by organizations to be inevitable. Reports show 1 in 4 organizations that pay a ransom never get their.....»»

Category: securitySource:  netsecurityRelated NewsMar 14th, 2024

Stripe officially launches Apple Pay Later support, now enabled by default for merchants

Apple Pay Later officially started rolling out a year ago. The feature gives users a way to easily split in-app and online Apple Pay purchases into four equal payments across six weeks, with no fees or interest. While Apple Pay Later has broadly.....»»

Category: topSource:  theglobeandmailRelated NewsMar 14th, 2024

The effects of law enforcement takedowns on the ransomware landscape

While the results of law enforcement action against ransomware-as-a-service operators Alphv/BlackCat and LockBit are yet to be fully realized, the August 2023 disruption of the Qakbot botnet has had one notable effect: ransomware affiliates have swit.....»»

Category: securitySource:  netsecurityRelated NewsMar 14th, 2024

Stanford University says data of thousands was stolen in ransomware attack

Some 27,000 people have had their data stolen, including Social Security numbers and government ID data......»»

Category: topSource:  pcmagRelated NewsMar 13th, 2024

Toyota agrees to biggest wage hike in 25 years

Toyota has agreed to the demands of monthly pay increases of as much as $193 and record bonus payments......»»

Category: topSource:  autonewsRelated NewsMar 13th, 2024

Thrive Incident Response & Remediation helps organizations contain and remove threats

Thrive launched Thrive Incident Response & Remediation, an on-demand cybersecurity response service to contain and remove threats, along with engineering assistance to rebuild and restore critical systems. Phishing, ransomware and other cyberattacks.....»»

Category: securitySource:  netsecurityRelated NewsMar 12th, 2024

Image-based phishing tactics evolve

While 70% of organizations feel their current security stacks are effective against image-based and QR code phishing attacks, 76% were still compromised in the last 12 months, according to IRONSCALES and Osterman Research. IT pros are highly aware of.....»»

Category: securitySource:  netsecurityRelated NewsMar 12th, 2024