Home Tag "Ransomware"
Four out of five attacks targeted in nature
Cyber Security

Four Out Of Five Attacks Targeted In Nature

Deepak
0
Positive Technologies has analyzed the relevant cyberthreats of Q2 2023. According to the report, the number of targeted attacks increased by 10% since the beginning of the year, now standing at 78%. Experts noted large-scale attacks that exploited vulnerabilities and numerous leaks of users’ personal data. Furthermore, the period saw an increase in successful cyberattacks on blockchain projects and an upsurge in ransomware activity targeting IT companies. The report also shows that the number of incidents in Q2 2023 rose by 17% year-on-year. Successful cyberattacks on businesses commonly resulted in leakage of confidential information (67%) and disruption of core operations (44%). Ransomware […]
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Ransomware
News

Sophos Uncovers New Connections Between Hive, Royal, And Black Basta Ransomware

Deepak
0
Sophos has released new findings into the connections between the most prominent ransomware groups this past year, including Royal, in its report, “Clustering Attacker Behavior Reveals Hidden Patterns.” Over the course of three months beginning in January 2023, Sophos X-Ops investigated four different ransomware attacks, one involving Hive, two by Royal, and one by Black Basta, and noticed distinct similarities between the attacks. Despite Royal being a notoriously closed off group that doesn’t openly solicit affiliates from underground forums, granular […]
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Fleming-Shi-CTO-of-Barracuda
News

Ransomware Attacks Have Doubled Across Key Industries

Deepak
0
Barracuda Networks published its fifth annual Threat Spotlight on ransomware. The new report looks at ransomware attack patterns that occurred between August 2022 and July 2023. An in-depth look at ransomware trends Barracuda researchers analysed 175 publicly reported successful ransomware attacks across the world between August 2022 and July 2023, and in the primary categories Barracuda has been tracking — municipalities, healthcare and education — the number of reported attacks have all doubled since last year and more than quadrupled since 2021. […]
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Nick-Edwards-Vice-President-Product-Management-at-Menlo-Security
Cyber Security

Menlo Security Unveils AI-Powered Phishing And Ransomware Protection

Deepak
0
Menlo Security has announced HEAT Shield and HEAT Visibility, the industry’s first suite of threat prevention capabilities designed to detect and block highly evasive threats targeting users via the web browser. Menlo Security HEAT Shield detects and blocks phishing attacks before they can infiltrate the enterprise network. It uses novel, AI-based techniques – including computer vision combined with URL risk scoring and analysis of the web page elements – to accurately determine in real time if the link being accessed […]
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Chester Wisniewski
Cyber Security

Education Sector Reports The Highest Rate Of Ransomware Attacks

Deepak
0
Sophos has released a new sectoral survey report, “The State of Ransomware in Education 2023,” which found that education reported the highest rate of ransomware attacks in 2022. Over the past year, 79% of higher educational organizations surveyed reported being hit by ransomware, while 80% of lower educational organizations surveyed were targeted—an increase from 64% and 56% in 2021, respectively. Additionally, the sector reported one of the highest rates of ransom payment with more than half (56%) of higher educational […]
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Kim-Grauer-Director-of-Research-Chainalysis
News

Crypto Crime Down 65% But Ransomware Headed For Huge Year

Deepak
0
The outlook of global crypto markets, which have been recovering well this year with the prices of digital assets like Bitcoin up over 80% as of June 30, has been infused with further positivity following the release of the latest Crypto Crime Midyear Update from Chainalysis. This research shows that cryptocurrency inflows to known illicit entities have declined by a staggering US$5.2billion (a 65% decrease) compared to the same time last year, while inflows to risky entities such as high-risk […]
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ESET MobileRansomware
Cyber Security

Kaspersky: 58 Percent of Malware Families Sold As A Service Are Ransomware

Deepak
0
The Kaspersky Digital Footprint Intelligence team presented a new study that reveals ransomware as the most widespread Malware-as-a-Service (MaaS) over the past seven years. The study is based on research conducted on 97 malware families been distributed on the dark web and other resources. Additionally, the researchers found that cybercriminals often lease infostealers, botnets, loaders, and backdoors to carry out their attacks. Malware-as-a-Service (MaaS) is an illicit model of business involving the leasing of software to carry out cyberattacks. Typically, clients […]
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John Shier, field CTO, commercial, Sophos
Cyber Security

68% Of Manufacturing Firms Hit By Ransomware Had Their Data Encrypted

Deepak
0
Sophos has announced a new sectoral survey report, “The State of Ransomware in Manufacturing and Production 2023,” which found that in more than two-thirds (68%) of ransomware attacks against this sector, the adversaries successfully encrypted data. This is the highest reported encryption rate for the sector over the past three years and is in line with a broader cross-sector trend of attackers more frequently succeeding in encrypting data. However, in contrast to other sectors, the percentage of manufacturing organizations that […]
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Mohamad Rizk
Articles

12 Tips To Keep Your Business Safe From Cyberattacks

Deepak
0
Mohamad Rizk, Regional Director, Middle East & CIS at Veeam Software reveals tips to keep the businesses safe from Cyberattacks According to recent research, more than 85% of companies have been the victim of a ransomware attack in the past year. It’s not a question of whether you’ve been attacked or when you’ll be attacked, but how often you’ll be attacked. While there is no way to guarantee you will never be attacked, you can take some simple steps to make it […]
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Ransomware red button on keyboard, 3D rendering
News

Half Of Organizations Fell Victim To Ransomware Last Year

Deepak
0
Fortinet has unveiled its 2023 Global Ransomware Report. The report is based on a recent global survey conducted by Fortinet and explores cybersecurity leaders’ perspectives on ransomware, particularly how it impacted their organizations in the last year, and their strategies to mitigate an attack. Key findings from the global survey include: The global threat of ransomware remains at peak levels, with half of organizations across all sizes, regions and industries falling victim in the last year. The top challenges to […]
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backup
Cyber Security

Kaspersky shares 3 tips to keep data safe this World Backup Day

Deepak
0
According to a recent survey by Kaspersky, over 60% of local businesses in the UAE and Saudi Arabia reported problems with data protection: they experienced loss or exposure of corporate or customer data. World Backup Day, recognised on 31 March, puts the importance of backing up data in the spotlight for both businesses and individuals, especially as the cyberthreat landscape continues to evolve. Specifically, ransomware has become more sophisticated and targeted, and organisations across the region must take all necessary […]
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