Ransomware

News

ESET Discovers UEFI-Compatible HybridPetya Ransomware

September 15, 2025

Editor

ESET Research has discovered a HybridPetya bootkit and ransomware uploaded from Poland to the malware-scanning platform VirusTotal. The sample is a copycat of the infamous Petya/NotPetya malware; however, it adds the capability of compromising

Chester-Wisniewski-Director-Field-CISO-Sophos

News

Sophos: Half Of The UAE Businesses Opt To Pay Ransom

July 8, 2025

Deepak

Sophos released its sixth annual State of Ransomware report, a vendor-agnostic survey of IT and cybersecurity leaders across 17 countries that studies the impact of ransomware attacks on businesses. This year’s survey found that nearly 50% of companies globally paid the ransom

News

Ransomware attack struck down Ingram Micro globally

July 5, 2025

Howsick

Ingram Micro today issued the following statement regarding an ongoing system outage, stating that it has recently identified ransomware on certain of its internal systems. Promptly after learning of the issue, the Company took steps to secure the relevant environment,

Cyber Security

ESET Reveals Ransomware Group Embargo Uses Toolkit to Disable Security Solutions

October 29, 2024

Editor

ESET researchers have discovered new tooling leading to the deployment of Embargo ransomware. Embargo is a relatively new group in the ransomware scene, first observed by ESET in June 2024. The new toolkit consists of a loader and an endpoint detection and response killer (EDR),

Cyber Security

ESET Researchers Reveal CosmicBeetle Spreading Ransomware

September 25, 2024

Editor

ESET researchers have mapped the recent activities of the CosmicBeetle threat group, documenting its new ScRansom ransomware being deployed and discovering connections to other well-established ransomware gangs. CosmicBeetle has been spreading ransomware to small and medium businesses (SMBs),

News

Ransomware Payments Increase 500% In The Last Year: Sophos

May 1, 2024

Deepak

Sophos has released its annual “State of Ransomware 2024” survey report, which found that the average ransom payment has increased 500% in the last year. Organisations that paid the ransom reported an average payment of $2 million, up from $400,000 in 2023. However, ransoms are just one part of the cost. Excluding ransoms, the survey found the average cost of recovery reached $2.73 million, an increase of almost $1 million since the $1.82 million that Sophos reported in 2023. Despite the […]

Cyber Security

Four Out Of Five Attacks Targeted In Nature

September 1, 2023

Deepak

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 […]

News

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

August 14, 2023

Deepak

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 […]

News

Ransomware Attacks Have Doubled Across Key Industries

August 3, 2023

Deepak

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. […]

Nick-Edwards-Vice-President-Product-Management-at-Menlo-Security

Cyber Security

Menlo Security Unveils AI-Powered Phishing And Ransomware Protection

August 2, 2023

Deepak

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 […]

Cyber Security

Education Sector Reports The Highest Rate Of Ransomware Attacks

August 1, 2023

Deepak

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 […]

Kim-Grauer-Director-of-Research-Chainalysis

News

Crypto Crime Down 65% But Ransomware Headed For Huge Year

July 13, 2023

Deepak

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 […]

Azeem Aleem, Global Executive Director, Cyber Resilience Services at CPX

Expert Corner

Time to Rethink: OT Strategies Are Failing

August 21, 2025

Editor

Azeem Aleem, Executive Director of Cyber Resilience Services at CPX, stresses that securing OT environments demands Trusted Advisors, secure-by-design practices, and collaboration to protect critical infrastructure and ensure resilience and safety.

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