How to proactively detect and prevent ransomware attacks

How to proactively detect and prevent ransomware attacks

Two out of three organizations surveyed by ThycoticCentrify were hit by a ransomware attack over the past 12 months, and more than 80% reportedly opted to pay the ransom. Image: Getty Images/iStockphoto The key to combating any type of cyberattack is to prevent it before it happens, or at least before it’s able to cause significant damage. That’s especially true with ransomware. Once an attacker gets their hands on your sensitive data, they can prevent…

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83% of Ransomware Victims Pay the Demand

83% of Ransomware Victims Pay the Demand

More than four in five (83%) ransomware victims in the last 12 months felt they had no option but to pay the extortion demand to restore their data, according to a new report by ThycoticCentrify. The study, which was based on a survey of 300 US IT business decision-makers, also found that close to two-thirds (64%) of companies were victims of ransomware attacks in the last 12 months. The latest research demonstrates rising ransomware cases and extortion payments since…

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How to keep your data off the Dark Web

How to keep your data off the Dark Web

Traditional security solutions are no longer enough to protect your organization from a data breach, Bitglass says. Image: wildpixel, Getty Images/iStockphoto Data is a hot commodity on the Dark Web where people buy and sell sensitive information, much of it stolen through network breaches. Usernames, passwords, account numbers, financial records, credit card details, medical records—all of these are up for grabs. And with today’s savvy cyberattacks, it’s not a matter of “if” but “when” your…

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A New Variant of FlawedGrace Spreading Through Mass Email Campaigns

A New Variant of FlawedGrace Spreading Through Mass Email Campaigns

Cybersecurity researchers on Tuesday took the wraps off a mass volume email attack staged by a prolific cybercriminal gang affecting a wide range of industries, with one of its region-specific operations notably targeting Germany and Austria. Enterprise security firm Proofpoint tied the malware campaign with high confidence to TA505, which is the name assigned to the financially motivated threat group that’s been active in the cybercrime business since at least 2014, and is behind the…

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Shared Responsibility Key to Protecting Critical Infrastructure

Shared Responsibility Key to Protecting Critical Infrastructure

Protecting critical infrastructure from cyber-attacks requires adopting a shared responsibility model between vendors, network operators and governments, according to a panel speaking during a recent FT webinar. The panel, moderated by Alex Irwin-Hunt, global markets editor of fDi Intelligence at FT Group, agreed that a range of parties has different responsibilities in ensuring the integrity of software and hardware products. The process begins with manufacturers “making sure that their product that’s released into the market is…

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Social Networks Account Stealer Hidden in Android Gaming Hacking Tool

Social Networks Account Stealer Hidden in Android Gaming Hacking Tool

Authored by: Wenfeng Yu McAfee Mobile Research team recently discovered a new piece of malware that specifically steals Google, Facebook, Twitter, Telegram and PUBG game accounts. This malware hides in a game assistant tool called “DesiEsp” which is an assistant tool for PUBG game available on GitHub. Basically, cyber criminals added their own malicious code based on this DesiEsp open-source tool and published it on Telegram. PUBG game users are the main targets of this…

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The dos and don’ts of advocating for cybersecurity in the boardroom

The dos and don’ts of advocating for cybersecurity in the boardroom

The dos and don’ts of advocating for cybersecurity in the boardroom This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more. This Website…

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US Authorities in BlackMatter Ransomware Alert

US Authorities in BlackMatter Ransomware Alert

The US authorities have released more details on emerging ransomware group BlackMatter, which it says has already targeted multiple critical infrastructure providers in the country. The alert comes from the Cybersecurity and Infrastructure Security Agency (CISA), the FBI and the National Security Agency (NSA). The ransomware-as-a-service (RaaS) operation appeared in July. It has been suggested that it may have links to the DarkSide group that came under pressure from Washington after the Colonial Pipeline attack. That…

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