Ransomware

Blockchain & Cryptocurrency Cybersecurity

Chainalysis: Global crypto crime has fallen 19.6% YTD

News Desk 2 19/08/2024 0

Ransomware emerges as a notable exception New research from Chainalysis, the blockchain analysis firm headquartered in New York City, reveals a significant drop in global crypto-related crime. Year-to-date (YTD) illicit activity has decreased by 19.6%, from $20.9 billion to $16.7 billion.

NEWS DESK

ExaGrid Named to Prestigious MES Midmarket 100

News Desk 1 16/08/2024

ExaGrid®, the industry’s only Tiered Backup Storage solution with Retention Time-Lock that includes a non-network-facing tier (creating a tiered air gap), delayed deletes and immutability for ransomware recovery, today announced that MES Computing, a brand of The Channel Company, has recognized ExaGrid on its 2024 MES Midmarket 100 list. The MES Midmarket 100

Cybersecurity

Email attacks worldwide rise by 293% in H1 2024

News Desk 2 31/07/2024 0

New ransomware groups pose a significant threat Acronis has released its biannual cyber threats report for the first half of 2024, comprehensively analysing global cybersecurity trends. The report, titled ‘Acronis Cyberthreats Report H1 2024,’ presents a sobering view of cyber threats. Email attacks experienced an unprecedented 293% surge, and new ransomware groups pose

Business Cybersecurity

2024 Thales Data Threat Report: Cyber Threats Are Escalating

Arnold Pinto 01/04/2024 0

Ransomware Attacks Up 22% In 2023 The newly unveiled 2024 Thales Data Threat Report exposes a worrying escalation in cyber threats, underscoring the urgent need for robust data security measures. The report comprehensively analyses evolving security practices and their implications for businesses worldwide. Based on insights from 3,000 IT and security professionals across

NEWS DESK

Prolific Ransomware Groups Intentionally Switch On Remote Encryption for Attacks

News Desk 1 08/01/2024

Sophos, a global leader in innovating and delivering cybersecurity as a service, today released a report, titled “CryptoGuard: An Asymmetric Approach to the Ransomware Battle,” which found that some of the most prolific and active ransomware groups, including Akira, ALPHV/BlackCat, LockBit, Royal, Black Basta, are deliberately switching on remote encryption for their

NEWS DESK

Cyber Risk is a Business Risk

News Desk 1 22/11/2023

Cybercrime tactics such as phishing and social engineering, commonly used to infect critical systems with malware or ransomware, have reached epidemic levels. And there are no signs of it slowing down. According to Statista, the global cost of cybercrime is expected to increase by nearly 70% over the next five years, growing to $13.82 trillion by […]

NEWS DESK

CrowdStrike Revolutionizes Cybersecurity for Small and Medium Businesses

News Desk 1 16/11/2023

CrowdStrike (NASDAQ: CRWD) today announced a new, game-changing release of CrowdStrike Falcon® Go, delivering the cybersecurity protection that small and medium businesses need to stop ransomware attacks and prevent data breaches. With a few simple clicks, SMBs can quickly and easily deploy industry-leading protection to stop the modern cyberattacks that

NEWS DESK

Positive Technologies: ransomware gangs threaten to publish victims’ data

News Desk 1 13/11/2023

Positive Technologies experts have presented a study of the Q3 2023 cybersecurity threatscape. The share of malware attacks remained unchanged from Q2 at 45%. The advent of decryption tools reduced the effect of encryption malware, causing its share to shrink. Ransomware gangs now threaten to publish stolen information without encrypting the compromised systems or

NEWS DESK

Retail Organizations Attacked by Ransomware Increasingly Unable to Halt an Attack in Progress, Sophos Survey Finds

News Desk 1 09/11/2023

Sophos, a global leader in innovating and delivering cybersecurity as a service, today shared findings from its sector survey report, “The State of Ransomware in Retail 2023,” which found that only 26% of retail organizations this past year were able to disrupt a ransomware attack before their data was encrypted. This is a three-year low […]

Cybersecurity

Acronis blocks 16.6 million phishing and malicious URLs in July 2023

Arnold Pinto 14/08/2023 0

The Acronis Cyber Protection Operation Centers (CPOC) blocked 16,591,252 phishing and malicious URLs in July 2023, a decrease of 10% compared to June 2023. Malicious URLs are a common tool for cybercriminals to deliver their payloads. Many attackers first install a small backdoor application and have it connect to a command-and-control (C2) server to receive […]

Tech

The Education Sector Reports the Highest Rate of Ransomware Attacks, Sophos Survey Finds

News Desk 2 02/08/2023

Sophos, a global leader in innovating and delivering cybersecurity as a service, released a new sectoral survey report, “The State of Ransomware in Education 2023,” which found that education reported the highest rate of ransomware attacks in 2022. Over the past year, 79% of higher educational organizations surveyed reported being hit by ransomware, while 80% […]

Business

Menlo Security™ Redefines Browser Security with Industry-First AI-Powered Phishing and Ransomware Protection

Middle East News 247 02/08/2023

MOUNTAIN VIEW, Calif. — Menlo Security, Inc. (“Menlo Security”), a leader in browser security, today announced HEAT Shield™ and HEAT Visibility™, the industry’s first suite of threat prevention capabilities designed to detect and block highly evasive threats targeting users via the web browser. Menlo Security HEAT Shield™ detects and blocks phishing attacks before they can

Tech

More Than Two-Thirds of Manufacturing Companies Hit by Ransomware Had Their Data Encrypted

News Desk 2 03/07/2023

Dubai, United Arab Emirates – July 3, 2023 – Sophos, a global leader in innovating and delivering cybersecurity as a service  today announced a new sectoral survey report, “The State of Ransomware in Manufacturing and Production 2023,” which found that in more than two-thirds (68%) of ransomware attacks against this sector, the adversaries successfully encrypted […]

Tech

Data Encryption from Ransomware Reaches Highest Level in Four Years, Sophos’ Annual State of Ransomware Report Finds

News Desk 2 11/05/2023

Doha, Qatar – May 11, 2023 – Sophos, a global leader in innovating and delivering cybersecurity as a service, today released its annual “State of Ransomware 2023” report, which found that in 76% of ransomware attacks against surveyed organizations, adversaries succeeded in encrypting data. This is the highest rate of data encryption from ransomware since […]

Tech

Dragos Releases Industrial Ransomware Analysis for Q1 2023

News Desk 2 09/05/2023

Dubai, United Arab Emirates – May  2023 – According to Drago’s quarterly industrial ransomware analysis for the critical infrastructure sector, there were 214 ransomware incidents globally in the first quarter of 2023, a 13 percent increase from Q4 2022. The company also observed two new and significant trends, the use of zero-day vulnerabilities and the […]