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AI-Assisted Attacks Top Cyber Threat For Third Consecutive Quarter, Gartner Finds

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AI-Assisted Attacks Top Cyber Threat For Third Consecutive Quarter, Gartner Finds

For the third consecutive quarter, Gartner has found that cyber attacks staged using artificial intelligence are the biggest risk for enterprises. The consulting firm surveyed 286 senior risk and assurance executives from July through September, and 80% cited AI-enhanced malicious attacks as the top threat they were concerned about. This isn’t surprising, as evidence suggests AI-assisted attacks are on the rise. Other commonly cited emerging risks outlined in the report include AI-assisted misinformation, escalating political…

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Number of Active Ransomware Groups Highest on Record

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Number of Active Ransomware Groups Highest on Record

This year has seen the highest number of active ransomware groups on record, with 58 attacking global businesses in the second quarter. Threat intelligence platform provider Cyberint has reported only a slight dip in the third quarter, with 57 active groups. Furthermore, in Q3, the top 10 ransomware groups were responsible for only 58.3% of all detected attacks. This reflects both the increase in the number of active groups in general and a decline in…

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99% of UK Businesses Faced Cyber Attacks in the Last Year

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99% of UK Businesses Faced Cyber Attacks in the Last Year

Nearly all businesses with at least 2,000 employees were breached by cyber attackers in the last 12 months, a new report has found. The biggest risk factor, cited by 46%, was remote and hybrid workers. Dispersed workforces raise the risk of data breaches by elying on unsecured networks and personal devices, and ensuring security protocols across multiple locations while managing access presents significant challenges for IT teams. “Where policies are inconsistent, they can create gaps…

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20% of Generative AI ‘Jailbreak’ Attacks are Successful

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20% of Generative AI ‘Jailbreak’ Attacks are Successful

Generative AI jailbreak attacks, where models are instructed to ignore their safeguards, succeed 20% of the time, research has found. On average, adversaries need just 42 seconds and five interactions to break through. In some cases, attacks occur in as little as four seconds. These findings both highlight the significant vulnerabilities in current GenAI algorithms and the difficulty in preventing exploitations in real time. Of the successful attacks, 90% lead to sensitive data leaks, according…

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Email Attacks a Problem for National Infrastructure Companies

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Email Attacks a Problem for National Infrastructure Companies

Cyber attackers are repeatedly using malicious emails to infiltrate critical national infrastructure. Up to 80% of CNI companies experienced an email-related security breach in the last year, according to a new report from security solution provider OPSWAT. Compromising CNI, like utilities, transport, telecommunications, and now data centres, can lead to widespread disruption, making it a prime target for cyber attacks. A recent report from Malwarebytes found that the services industry is the worst affected by…

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Apple Operating Systems are Being Targeted by Threat Actors, Report Finds

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Apple Operating Systems are Being Targeted by Threat Actors, Report Finds

The number of macOS vulnerabilities exploited in 2023 increased by more than 30%, according to a new report. The Software Vulnerability Ratings Report 2024 from patch management software company Action1 also found that Microsoft Office programs are becoming more exploitable, while attackers are targeting load balancers like NGINX and Citrix at a record rate. Action1 analysts used data from the National Vulnerability Database and CVEdetails.com to draw five insights into how the threat landscape changed…

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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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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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Top 5 Global Cyber Security Trends of 2023, According to Google Report

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Top 5 Global Cyber Security Trends of 2023, According to Google Report

It is taking less time for organisations to detect attackers in their environment, a report by Mandiant Consulting, a part of Google Cloud, has found. This suggests that companies are strengthening their security posture. The M-Trends 2024 report also highlighted that the top targeted industries of 2023 were financial services, business and professional services, tech, retail and hospitality, healthcare and government. This aligns with the fact that 52% of attackers were primarily motivated by financial…

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Global Cyber Risk Lowers to Moderate Level in 2H’ 2022

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Global Cyber Risk Lowers to Moderate Level in 2H’ 2022

+0.01 The current global cyber risk index is at +0.01, considered a moderate risk level and higher than 1H’2022 when it was -0.15. Globally, this means many organizations have been doing better at preparing for an attack (CPI). In this iteration, we also saw an improvement in the CTI, meaning respondents felt the threat landscape improved. This may be due to ransomware appearing to drop during the second half of 2022. Digging into each of…

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