Home Tag "Ransomware"
Majd-Sinan-Country-Manager-for-UAE-Trend-Micro
News

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

Deepak
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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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Ransomware red button on keyboard, 3D rendering
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Damage from ransomware attacks to reach $30 billion by 2023

Deepak
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Ransomware remains a top cyber risk for organizations globally while business email compromise incidents are on the rise and will increase further in the ‘deep fake’ era. At the same time, the war in Ukraine and wider geopolitical tensions are a major concern as hostilities could spill over into cyber space and cause targeted attacks against companies, infrastructure or supply chains, according to a new report from Allianz Global Corporate & Specialty (AGCS). The insurer’s annual review of the cyber […]
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Ransomware has grown by 466% since 2019: Ivanti

Deepak
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Ivanti has announced the results of the Ransomware Index Report Q2-Q3 2022 that it conducted with Cyber Security Works, a Certifying Numbering Authority (CNA), and Cyware. The report revealed that ransomware has grown by 466% since 2019, and is increasingly being used as a precursor to physical war as seen in the Russia conflict in Ukraine and the Iran and Albania cyberwar. Ransomware groups are continuing to grow in volume and sophistication with 35 vulnerabilities becoming associated with ransomware in […]
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Ercan Aydin,Palo Alto Networks
GITEX

Palo Alto Networks releases UAE ransomware research

Deepak
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Over half of surveyed UAE organisations have paid a ransom in response to a ransomware attack According to a new research from YouGov, commissioned by Palo Alto Networks, 62% of organisations surveyed in the UAE who had fallen victim to a ransomware attack have paid a ransom in the past two years. In addition, 59% of respondents confirmed cyberattacks within their organisations in the past 12 months. “Over the last two years, there has been a surge in ransomware attacks […]
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Chester Wisniewski
News

Retail Sector The Second Most Target For Ransomware : Sophos

Deepak
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Sophos has published a new sectoral survey report, The State of Ransomware in Retail 2022, which found that retail had the second highest rate of ransomware attacks last year of all sectors surveyed after the media, leisure, and entertainment industry. Globally, 77% of retail organisations surveyed were hit—a 75% increase from 2020. This is also 11% more than the cross-sector average attack rate of 66%. “Retailers continue to suffer one of the highest rates of ransomware attacks of any industry. […]
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Unit 42
News

Ransomware payments makes new record in 2021

Editor
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Ransomware payments hit new records in 2021 as cybercriminals increasingly turned to Dark Web “leak sites” where they pressured victims to pay up by threatening to release sensitive data, according to research released today from Unit 42 by Palo Alto Networks.
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ESET T2 2021
Cyber Security

Increase in attacks on Remote Desktop Protocol

Editor
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ESET released today its T2 2021 Threat Report highlighting several concerning trends, including increasingly aggressive ransomware tactics, intensifying brute-force attacks, and deceptive phishing campaigns targeting people working from home who have gotten used to performing many administrative tasks remotely.
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