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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

Uncovering the hidden dangers of email-based attacks

Email-based attacks have evolved beyond traditional spam and phishing attempts. Cybercriminals now employ sophisticated tactics such as spear-phishing, whaling, and business email compromise (BEC), posing a significant threat to businesses of all siz.....»»

Category: securitySource:  netsecurityRelated NewsJan 8th, 2024

Apple now sending $92 payments to iPhone users affected by ‘batterygate’ throttling

Payouts to iPhone users are finally on their way as part of Apple’s $500 million settlement of the “batterygate” throttling controversy. iPhone users who filed a claim as part of the case will receive a payment of around $92.17 for each claim......»»

Category: topSource:  theglobeandmailRelated NewsJan 6th, 2024

Apple finally sends "batterygate" checks to iPhone owners

Following its 2020 $500 million settlement to end a U.S. class action lawsuit over the iPhone "batterygate" saga, participants are finally starting to get payments.An iPhone batteryThe 2020 agreement by Apple to settle one of its so-called Batterygat.....»»

Category: appleSource:  appleinsiderRelated NewsJan 6th, 2024

Consumers prepared to ditch brands after cybersecurity issues

In 2023, businesses have been hit with 800,000 cyberattacks, over 60,000 of which were DDoS attacks and 4,000 falling victim to ransomware, according to Vercara. The research found that consumers hold nuanced perceptions regarding cybersecurity incid.....»»

Category: securitySource:  netsecurityRelated NewsJan 4th, 2024

Hackers employ nuanced tactics to evade detection

Threat actors evolved tactics, opting for a more nuanced approach that spread attacks across a broader timeframe to blend in with legitimate traffic and evade detection during peak holiday shopping times, according to Cequence Security. 2023 holiday.....»»

Category: securitySource:  netsecurityRelated NewsJan 2nd, 2024

Rising fintech trends for 2024: From A2A payments to GenAI in banking

The fintech market is undergoing a rapid shift, with the rise of new technologies, such as Open Finance, generative AI and A2A (Account-to-Account) payments having a major impact on business models, according to Juniper Research. This is combined wit.....»»

Category: securitySource:  netsecurityRelated NewsDec 26th, 2023

3 main tactics attackers use to bypass MFA

Notable security breaches have bypassed MFA to compromise taxi broker Uber, games company EA, and authentication business Okta, according to SE Labs. CISOs must bolster MFA protections SE Labs advised CISOs to step-up their efforts against attacks on.....»»

Category: securitySource:  netsecurityRelated NewsDec 26th, 2023

I"m 32. Xbox is barred from making X-Men games "til I"m 45. Here"s why.

Xbox is barred from making X-Men games until 2036. In case you missed it, a massive ransomware attack hit Insomniac Games, the Sony-owned development studio behind games such as Ratchet & Clank and Marvel's Spider-Man 2. Cybercriminal group Rhy.....»»

Category: topSource:  mashableRelated NewsDec 22nd, 2023

New insights into the global industrial cybersecurity landscape

In this Help Net Security video, William Noto, VP and Industry Principal for Claroty, discusses their recent global survey of 1,100 IT and OT security professionals who work in critical infrastructure sectors. When it comes to ransomware attacks, the.....»»

Category: securitySource:  netsecurityRelated NewsDec 22nd, 2023

Amber analyses show that insects already had a variety of defense strategies in the Cretaceous

Analyses of amber show that insect larvae were already using a wide variety of tactics to protect themselves from predators 100 million years ago......»»

Category: topSource:  physorgRelated NewsDec 21st, 2023

86% of cyberattacks are delivered over encrypted channels

Threats over HTTPS grew by 24% from 2022, underscoring the sophisticated nature of cybercriminal tactics that target encrypted channels, according to Zscaler. For the second year in a row, manufacturing was the industry most commonly targeted, with e.....»»

Category: securitySource:  netsecurityRelated NewsDec 21st, 2023

AlphV ransomware site is “seized” by the FBI. Then it’s “unseized.” And so on.

In a bizarre twist, both groups issue dueling notices to ransomware website. Enlarge / Shortly after the FBI posted a notice saying it had seized the dark-web site of AlphV, the ransomware group posted this notice claiming otherw.....»»

Category: topSource:  arstechnicaRelated NewsDec 20th, 2023

Apple Card, Apple Pay, and Wallet were hit by outages on Wednesday

For a few hours on Wednesday Apple's online financial services such as Apple Pay were down for some users, with reported issues including transaction notifications and in-App payments.Apple Pay is seeing some notification problemsApple Pay has had in.....»»

Category: appleSource:  appleinsiderRelated NewsDec 20th, 2023

Apple Card, Apple Pay, and Wallet hit by outages

Apple is reporting that its online financial services such as Apple Pay are down for some users, meaning there are issues with transaction notifications and in-App payments.Apple Pay is seeing some notification problemsApple Pay has had intermittent.....»»

Category: appleSource:  appleinsiderRelated NewsDec 20th, 2023

Halcyon raises $40 million to combat ransomware attacks

Halcyon announced it has closed a $40 million Series B funding round led by Bain Capital Ventures (BCV). The company also announced that BCV Partner and former Symantec CEO, Enrique Salem, will join the Board of Directors, and BCV Partner Jeff Willia.....»»

Category: securitySource:  netsecurityRelated NewsDec 20th, 2023

Ransomware trends and recovery strategies companies should know

Ransomware attacks can have severe consequences, causing financial losses, reputational damage, and operational disruptions. The methods used to deliver ransomware vary, including phishing emails, malicious websites, and exploiting vulnerabilities in.....»»

Category: securitySource:  netsecurityRelated NewsDec 19th, 2023

Law enforcement seizes ALPHV/Blackcat sites, offers decryptor to victims

The US Justice Department announced today a disruption campaign against the Blackcat/ALPHV ransomware group and let victims know that there is a decryptor they can use. FBI develops ALPHV/Blackcat decryptor Over the past 18 months, ALPHV/Blackcat has.....»»

Category: securitySource:  netsecurityRelated NewsDec 19th, 2023

How government payments to the vulnerable can multiply to create economic growth for everyone

The economic fallout of COVID-19 left people around the world facing a significant threat to their livelihood. As governments scrambled to mitigate the pandemic's impact on their populations, many decided to use direct payments to support vulnerable.....»»

Category: topSource:  informationweekRelated NewsDec 19th, 2023

Insomniac Games hit by ransomware attack; Wolverine details and more leaked

Insomniac Games was hit by a ransomware hack that resulted in the leak of personal data, development materials for Marvel's Wolverine,.....»»

Category: topSource:  digitaltrendsRelated NewsDec 19th, 2023

Fortifying cyber defenses: A proactive approach to ransomware resilience

Ransomware has become a pervasive threat, compromising the security and functionality of vital systems across the United States. While governmental pledges and public declarations of intent to fight cybercrime are foundational, they often lack the im.....»»

Category: securitySource:  netsecurityRelated NewsDec 15th, 2023