Ransomware groups grow in sophistication and volume
New research from security automation specialist Ivanti shows that ransomware groups are continuing to grow in sophistication, boldness, and volume, with numbers up across the board since the beginning of 2021.
The report, produced with Cyber Security Works and Cyware, reveals that the last quarter has seen a 4.5 percent increase in CVEs associated with ransomware.
APIs leave businesses open to attack
APIs are designed to be fast and easy pipelines between different platforms. They offer convenience and user experience which makes APIs essential to many businesses, but it also makes them attractive targets for cybercriminals.
A new report from Akamai, produced in collaboration with Veracode, highlights the frustrating pattern of API vulnerabilities, despite improvements that have been made in software development life cycles (SDLCs) and testing tools.
Cyber insurance ransomware claims decline but costs remain high
Research from commercial insurance provider Corvus reveals that the cost of ransomware to businesses remains high.
Ransomware claims that resulted in payments to fraudsters are down though, mostly due to improved backup processes and greater preparedness. In the third quarter of 2020, 44 percent of ransomware claims involved a successful payment, but that decreased to just 12 percent by Q3 of this year.
Businesses are afraid of the big bad bots
A new report out today looks at the measures businesses are taking against bots and how successful they are -- and it doesn't offer good news.
The study from Kasada finds that 64 percent of organizations lost more than six percent or more of their revenue due to bot attacks, and 32 percent have lost 10 percent or more in the last year.
SMBs feel more secure despite increasing cyberattacks
A new survey of over 700 small and medium businesses shows that 80 percent say they feel more secure now than they did last year in spite of increasing levels of cyberattacks.
The study from network security specialist Untangle shows security budgets increasing over 2020 levels too.
UK businesses are attacked every 47 seconds
UK businesses faced a new cyberattack every 47 seconds over the summer as the volume of attempts to breach their systems online increased following an earlier slowdown.
Analysis of commercial internet traffic from business ISP Beaming shows that the attack rate increased by four percent between July and September, having fallen in the second quarter.
First half DDoS attacks up 11 percent over last year
In the first half of 2021, cybercriminals launched approximately 5.4 million DDoS attacks, representing an 11 percent increase over the same period in 2020.
The latest threat intelligence report from NETSCOUT shows that in the first half of the year cybercriminals weaponized and exploited seven new reflection/amplification DDoS attack vectors putting organizations at greater risk.
91 percent of industrial companies at risk of cyberattacks
Industrial businesses were the second most targeted sector in 2020 and new research from Positive Technologies shows that an external attacker could penetrate the corporate network at 91 percent of them.
In addition, Positive Technologies penetration testers gained access to the industrial control system (ICS) networks at 75 percent of these companies. Once criminals have obtained access to ICS components, they can shutdown entire production lines, cause equipment to fail, or incidents that could cause serious harm.
Small companies make good targets for cybercriminals
"Cybersecurity doesn’t apply to me because my business is too small to matter", and "Cybercriminals would never bother hacking us because we don’t have valuable data or many financial assets."
If these comments sound familiar, that’s because it is unfortunately the view held by a large majority of the SMB community. Small to medium sized businesses are slowly jumping on the cybersecurity bandwagon, but must first leave this 'it would never happen to me' mentality behind.
Trickle down of nation state attack tools may harm businesses
A new study from HP Wolf Security shows that 72 percent of IT decision makers worry that nation state tools and techniques could filter through to the dark net and be used to attack their businesses.
The survey, of 1,100 decision makers around the world, also finds 58 percent are worried their business could become a direct target of a nation state attack. A further 70 percent believe they could end up being 'collateral damage' in a cyber war.
Half of cyberattacks are from repeat offenders
Half of attacks on organizations that caused severe business disruption were by repeat offenders, according to a new study carried out by Ponemon for threat intelligence firm Team Cymru.
What's more, 61 percent of the victims of these attacks say they were unable to remediate these compromises, leaving critical systems and data at risk.
ThreatX platform gives businesses a clear view of their API attack surface
APIs make life easier for developers by allowing easy access to various program functions. However, this functionality also makes them an increasingly attractive target for attack.
Web application and API Protection platform ThreatX is launching new API catalog capabilities to provide enterprises with a clear view of their API's attack surface, as well as the operational health of any APIs in production.
API attack traffic grows more than 300 percent
In the past six months overall API traffic has increased 141 percent but in the same time period, API attack traffic has grown by a startling 348 percent.
A new report from Salt Security reveals significant challenges in addressing API security, with all Salt customers experiencing API attacks, security topping the list of API program concerns, and very few respondents feeling confident they can identify and stop API attacks.
Cyber attacks on council workers increase over 200 percent
Local councils have faced the same pressure as commercial businesses to have people working at home during the pandemic. But a new report shows attacks on UK councils' remote workers rose by 213 percent from March 2020 compared to the previous year.
Freedom of Information (FOI) requests made by technology solutions provider Insight, show that on average councils switched 74 percent of their employees -- more than double the UK average -- to remote working during the pandemic.
False flags and internet censorship: A cautionary tale
The Internet went down in Mauritius -- and you should be afraid.
Homes, businesses, and even mobile/wireless users were unable to access much of the online world on Monday thanks to what government IT managers are calling an "external cyberattack from multiple locations."
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