Home Tag "Ransomware"
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Cyber Security

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

Deepak
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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
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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
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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
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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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IBM report
Cyber Security

Ransomware persisted despite improved detection in 2022: IBM

Deepak
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IBM Security has released its annual X-Force Threat Intelligence Index finding that although ransomware’s share of incidents in the Middle East and Africa (MEA) held steady at 18%, globally defenders were more successful detecting and preventing ransomware. Despite this, attackers continued to innovate, with the report showing that globally the average time to complete a ransomware attack dropped from two months down to less than 4 days. According to the 2023 report, the deployment of backdoors, which allow remote access to […]
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Assad-Arabi-Managing-Director-Gulf-Cluster-Trend-Micro
News

Trend Micro blocked over 12mln threats in Kuwait

Deepak
0
With a global surge of 75% in ransomware attacks, Trend Micro solutions protected organizations from 63 billion threats in H1 2022 Trend Micro predicts that ransomware groups will increasingly target Linux servers and embedded systems over the coming years. The latest Trend Micro 2022 Midyear Roundup Report recorded a double-digit year-on-year (YoY) increase in attacks on these systems in H1 2022. Detection of attacks from ransomware-as-a-service (RaaS) surged in the first half of 2022. Major players like LockBit and Conti […]
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Vibin Shaju, VP EMEA Solutions Engineering at Trellix
News

Ransomware Activity Doubles in Transportation and Shipping Industry

Deepak
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Trellix has released The Threat Report: November 2022 from its Advanced Research Center, home to the world’s most elite security researchers and intelligence experts. The latest report analyses cybersecurity trends from the third quarter of 2022. “Threat actors continued to make headlines in Q3 2022 and at Trellix, we delivered a new, powerful resource to support the future of extended detection and response (XDR) and cybersecurity — the Trellix Advanced Research Center,” commented Vibin Shaju, VP EMEA Solutions Engineering at […]
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Abdulrahman Alamri, Senior Adversary Hunter at Dragos
News

Dragos releases industrial ransomware analysis for Q3 2022

Deepak
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According to Dragos, Ransomware continues to be one of the most threatening financial and operational risks to industrial organizations worldwide A new report from Dragos, examining threats to industrial systems, found that ransomware continues to be one of the most threatening financial and operational risks to industrial organizations worldwide during the third quarter of 2022. “Dragos monitors and analyzes the activities of 48 different ransomware groups that target industrial organizations and infrastructures,” commented Abdulrahman Alamri, Senior Adversary Hunter at Dragos, […]
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Majd-Sinan-Country-Manager-for-UAE-Trend-Micro
News

Trend Micro blocks and detects over 58 million threats in the UAE

Deepak
0
Trend Micro has predicted that ransomware groups will increasingly target Linux servers and embedded systems over the coming years. The latest Trend Micro 2022 Midyear Roundup Report recorded a double-digit year-on-year (YoY) increase in attacks on these systems in H1 2022. Detection of attacks from ransomware-as-a-service (RaaS) surged in the first half of 2022. Major players like LockBit and Conti were detected with a 500% YoY increase and nearly doubled the number of detections in six months respectively. The RaaS […]
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