phishing

Downtime Costs Large Companies $400 Billion a Year, According to Splunk Report

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Downtime Costs Large Companies 0 Billion a Year, According to Splunk Report

Unplanned downtime is costing the world’s largest companies $400 billion a year, or roughly 9% of their profits, a new report has found. This is the equivalent of about $9,000 lost for every minute of system failure or service degradation. The report, published by the data management platform Splunk, also revealed that it takes 75 days for revenue for a Forbes Global 2000 company to recover to where it stood financially prior to the incident….

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Cisco Talos: LilacSquid Threat Actor Targets Multiple Sectors Worldwide With PurpleInk Malware

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Cisco Talos: LilacSquid Threat Actor Targets Multiple Sectors Worldwide With PurpleInk Malware

A new report from Cisco Talos exposed the activities of a threat actor known as LilacSquid, or UAT-4820. The threat actor exploits vulnerable web applications or uses compromised Remote Desktop Protection credentials to successfully compromise systems by infecting them with custom PurpleInk malware. So far, organizations in various sectors in the U.S., Europe and Asia have been impacted for data theft purposes, though more sectors might have been impacted but not identified yet. Who is…

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Olympics 2024: Cyber Attackers are Targeting Companies Associated With Paris Games

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Olympics 2024: Cyber Attackers are Targeting Companies Associated With Paris Games

Organisations linked to the Paris Olympics 2024 have an increased risk of cyber attacks, including ransomware, credential leaks and phishing campaigns, a study has found. Insikt Group, the threat research division of security firm Recorded Future, has already observed posts advertising access to Games-related organisations in France and compromised credentials using “paris2024[dot]org” domains on the Dark Web. These findings were published in a new report highlighting high-priority threats to the Games, based on an assessment…

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International Malware Takedown Seized 100+ Servers

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International Malware Takedown Seized 100+ Servers

An international coalition of police organized by the European Union’s justice and police agencies has revealed an ongoing operation against malware droppers that Europol calls the “largest ever operation” of its kind. Called “Operation Endgame,” the ongoing initiative targets malware delivery “droppers” and “loaders,” and is an attempt to disrupt large-scale malware deployments. Between May 27 and May 29, police arrested four people, seized more than 100 servers and took control of more than 2,000…

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International Malware Takedown Seized 100+ Servers

Posted on by Admin
International Malware Takedown Seized 100+ Servers

An international coalition of police organized by the European Union’s justice and police agencies has revealed an ongoing operation against malware droppers that Europol calls the “largest ever operation” of its kind. Called “Operation Endgame,” the ongoing initiative targets malware delivery “droppers” and “loaders,” and is an attempt to disrupt large-scale malware deployments. Between May 27 and May 29, police arrested four people, seized more than 100 servers and took control of more than 2,000…

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How to Protect Yourself From a Spear Phishing Scam | McAfee Blog

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How to Protect Yourself From a Spear Phishing Scam | McAfee Blog

As the name implies, spear phishing attacks are highly targeted scams. They often occur in professional settings, where the scammers go after one “big phish,” such as a ranking employee with access to finances or data. From there, the scammers employ social engineering (aka manipulation) to trick the target into transferring funds to them or giving them access to sensitive company systems. Sometimes, it’s a mix of both. Some of the most striking examples of spear…

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IBM X-Force Report: Grandoreiro Malware Targets More Than 1,500 Banks in 60 Countries

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IBM X-Force Report: Grandoreiro Malware Targets More Than 1,500 Banks in 60 Countries

A new report from IBM X-Force exposes changes in the Grandoreiro malware landscape. The banking trojan is now capable of targeting more than 1,500 global banks in more than 60 countries, and it has been updated with new features. Also, Grandoreiro’s targeting has become wider, as it initially only targeted Spanish-speaking countries, while recent attack campaigns targeted countries in Europe, Asia and Africa. In addition, the malware is now sending phishing emails directly from the…

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Verizon 2024 Data Breach Report shows the risk of the human element

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Verizon 2024 Data Breach Report shows the risk of the human element

Verizon Business released its 17th-annual Data Breach Investigations Report (DBIR), highlighting the role that the human element plays in cyber threats. This report examined 30,458 security incidents as well as 10,626 verified breaches in 2023, representing a two-fold increase from 2022. Out of the breaches analyzed, more than two-thirds (68%) included a non-malicious human element — in other words, these incidents involved insider errors or people falling for social engineering schemes. This percentage remains consistent…

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Prompt Hacking, Private GPTs and Zero-Day Exploits: The Impacts of AI on Cyber Security Landscape

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Prompt Hacking, Private GPTs and Zero-Day Exploits: The Impacts of AI on Cyber Security Landscape

AI’s newfound accessibility will cause a surge in prompt hacking attempts and private GPT models used for nefarious purposes, a new report revealed. Experts at the cyber security company Radware forecast the impact that AI will have on the threat landscape in the 2024 Global Threat Analysis Report. It predicted that the number of zero-day exploits and deepfake scams will increase as malicious actors become more proficient with large language models and generative adversarial networks….

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The cat and mouse ransomware game may threaten smaller organizations

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The cat and mouse ransomware game may threaten smaller organizations

The practice of cybersecurity is ever-changing, marked by a continual dance between the attackers and the defenders. Each side is in a constant state of adaptation, reacting to the strategies of the other. The ongoing evolution of ransomware cybercrime is a prime illustration of this dynamic. Historically, ransomware attacks were somewhat isolated events. Today, they have morphed into coordinated global threats that target essential infrastructure, seeking substantial ransoms. The audacious attack on UnitedHealth by the…

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