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Sha Zhu Pan Scammers Use Fake Cryptocurrency Trading Pools

Sophos, a global leader in innovating and delivering cybersecurity as a service, today released findings on a major shā zhū pán (pig butchering) operation utilizing fake trading pools of cryptocurrency (liquidity pools) to steal more than $1 million. The report, “Latest Evolution of ‘Pig Butchering’ Scam Lures Victim in Fake Mining Scheme,” details the story […]
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CryptoRom Scammers Add AI Chat Tool, Like ChatGPT, and Fake Hacks on Crypto Accounts to Their Toolset, Sophos Finds

Dubai, United Arab Emirates – August 8, 2023 – Sophos, a global leader in innovating and delivering cybersecurity as a service, today released new findings on CryptoRom scams—a subset of pig butchering (shā zhū pán) schemes designed to trick users of dating apps into making fake cryptocurrency investments—in its latest report, “Sha Zhu Pan Scam […]
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Data Encryption from Ransomware Reaches Highest Level in Four Years, Sophos’ Annual State of Ransomware Report Finds

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 […]
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Sophos Promotes Joe Levy to President of Sophos Technology Group

Dubai, United Arab Emirates – April 12, 2023 – Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced the promotion of Joe Levy to president of the Sophos Technology Group (STG). Sophos also appointed Bill Robbins president, Worldwide Field Operations.  Levy is currently Sophos’ chief technology officer and chief product […]
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Sophos Endpoint Security Advancements Improve Cyberthreat Defenses

Dubai, United Arab Emirates  – March 15, 2023 – Sophos, a global leader in innovating and delivering cybersecurity as a service, today introduced innovative advancements to its portfolio of industry-leading endpoint security offerings. New adaptive active adversary protection; Linux malware protection enhancements; account health check capabilities; an integrated zero
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Sophos Expands Firewall Portfolio with Enterprise-Grade Appliances

Dubai, United Arab Emirates – February 23, 2023  – Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced the expansion of its next-generation firewall portfolio with two new high-end, enterprise-grade XGS Series appliances. The new XGS 7500 and 8500 models provide unrivaled performance and protection for large
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Sophos Investigates Two Active Cyberfraud Operations

Dubai, United Arab Emirates – February 14, 2023 –Sophos, a global leader in innovating and delivering cybersecurity as a service, today released details of two expansive, still operational, pig butchering or sha zhu pan rings (elaborate and lengthy financial fraud scams that can cost victims thousands of dollars) that scammers are operating from Asia. One […]
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 Sophos Details First Fake Apps Found on Apple’s App Store

Dubai, United Arab Emirates – February 2, 2023 – Sophos, a global leader in innovating and delivering cybersecurity as a service, today released new findings on CryptoRom scams—elaborate financial fraud schemes that prey on and trick dating app users into making fake cryptocurrency investments—in its latest report, “Fraudulent Trading Apps Sneak into Apple and Google
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Sophos is the Top Ranked and Sole Leader in the Omdia Universe Report for Comprehensive XDR Solutions

Dubai, United Arab Emirates – January 12, 2023 – Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced that its Sophos Intercept X Advanced with XDR solution has been named the top-ranked and sole leader in the Omdia Universe report for comprehensive extended detection and response (XDR) solutions. The global research […]