ransomware

Proving physical security value across an organization

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Proving physical security value across an organization

In this episode of The Security Podcasts we sit down with Thomasina Martin, a Key Account Manager specializing in Energy and Utilities at Genetec, Inc., to talk about proving the value of physical security across an organization. “One of the primary challenges I think a lot of us see, I think it’s universal in the security industry when trying to secure a budget, is that physical security often competes with other critical business units or…

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53% of survey respondents admit to paying over $500,000 ransom

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53% of survey respondents admit to paying over 0,000 ransom

Cyber-physical systems (CPS) security was analyzed in a recent report by Claroty. The findings revealed a significant financial impact, with over a quarter (27%) of organizations reporting a financial impact of $1 million or more from cyberattacks affecting CPS. Several factors contributed to these losses, the most common being lost revenue (selected by 39% of respondents), recovery costs (35%) and employee overtime (33%). Ransomware continues to play a big role in recovery costs, as over…

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Study: 92% of Healthcare Firms Hit by Cyberattacks This Year

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Study: 92% of Healthcare Firms Hit by Cyberattacks This Year

Healthcare organizations should rethink some of their approach to security, particularly by enhancing their focus on insider threats, improving cyber awareness training, and securing mobile applications and devices, said Ryan Witt, vice president of industry solutions at Proofpoint, discussing findings of a newly released study. The third annual study – Cyber Insecurity in Healthcare: The Cost and Impact on Patient Safety and Care 2024 – was sponsored by Proofpoint and conducted by research firm Ponemon…

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Timeline: Top 15 Notable Cyberattacks and Data Breaches

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Timeline: Top 15 Notable Cyberattacks and Data Breaches

Cyberattacks, whether accidental or purposeful, have been a threat long before the invention of the World Wide Web. These attacks aim to steal money, data, or resources — and sometimes serve as tools for gaining an edge over rival nations. Each incident is a stark reminder for businesses to fortify their digital defenses while also underscoring the crucial role of security teams that work tirelessly to identify and neutralize these threats. The following attacks had…

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Balancing Risk and Innovation – A CISO Perspective

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Balancing Risk and Innovation – A CISO Perspective

In this episode of The Security Podcasts featuring Jill Knesek, CISO of Blackline, and former FBI Special Agent in the Cyber Crime Squad, we talk about balancing risk & innovation from a CISO’s perspective. “The message I like to give is we can be both innovative and secure.,” Knesek says. “They’re not mutually exclusive, and they shouldn’t be. By shifting left and embedding strong security practices and controls earlier into our development lifecycle, we can…

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Report Highlights Rising Risks in Sensitive Data Management

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Report Highlights Rising Risks in Sensitive Data Management

The volume of sensitive data that companies are harbouring in non-production environments, like development, testing, analytics, and AI/ML, is rising, according to a new report. Executives are also getting more concerned about protecting it — and feeding it into new AI products is not helping. The “Delphix 2024 State of Data Compliance and Security Report” found that 74% of organisations that handle sensitive data increased the volume kept in non-production, also known as lower, environments…

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Ransomware Trends: Most Attacks Hit Between 1am and 5am, Study Finds

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Ransomware Trends: Most Attacks Hit Between 1am and 5am, Study Finds

Threat actors are taking advantage of when security professionals are off-duty to stage their ransomware attacks, new research has found. The ThreatDown 2024 State of Ransomware report from Malwarebytes has revealed most incidents in the last year occurred between 1 a.m. and 5 a.m. The report’s authors used data from the ThreatDown Managed Detection and Response team to conduct their research. It found that global ransomware attacks increased by 33% in the last year, with…

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RansomHub threat actors observed using EDR-killing tool

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RansomHub threat actors observed using EDR-killing tool

Threat research from Sophos details a recent encounter with the ransomware group known as RansomHub. The research reports that the attack was unsuccessful; however, researchers were able to analyze the attack and discovered the use of an EDR-killing tool. The research has labelled this utility the EDRKillShifter.  John Bambenek, President at Bambenek Consulting, comments, “At present, only RansomHub is using the tool. However, as it was sold on the dark web, it is more than likely that…

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Microsoft Says VMware ESXi Flaw is Being Exploited By Ransomware Groups

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Microsoft Says VMware ESXi Flaw is Being Exploited By Ransomware Groups

A vulnerability in the ESXi hypervisor was patched by VMware last week, but Microsoft has revealed that it has already been exploited by ransomware groups to gain administrative permissions. VMware ESXi is a bare-metal hypervisor that enables the creation and management of virtual machines directly on server hardware, which may include critical servers. CVE-2024-37085 is an authentication bypass vulnerability that allows malicious actors with sufficient permissions to gain full access to a domain-joined ESXi host….

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Australian Organisations Experiencing Highest Rate of Data Breaches, Reports Rubrik

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Australian Organisations Experiencing Highest Rate of Data Breaches, Reports Rubrik

Australian organisations have reported the highest rate of data breaches compared with global markets in 2023, according to a new survey. However, they were less likely than their global peers to experience a “significant” cyber attack. Australia’s quicker adoption of technologies, including cloud computing, is part of the story, according to backup and recovery firm Rubrik. The company has urged Australian organisations to review their backups to improve cyber resilience. Approximately 8 in 10 Australian…

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