Poor remote endpoint visibility puts organizations at risk
Most organizations have a severe lack of visibility into remote endpoints according to a new report, which poses additional risks as more people work from home.
In addition, few have a way to stop ransomware from spreading throughout their network after an initial breach, according to the study from zero trust specialist Illumio.
81 percent of financially motivated attacks are ransomware
Ransomware made up 81 percent of all financially motivated cyberattacks in 2020, according to a new report from Atlas VPN.
The remainder of attacks comprised a variety of approaches including point-of-sale intrusions, eCommerce attacks, business email compromise, and cryptocurrency mining.
Firmware attacks, sophisticated ransomware and ID fraud -- cybercrime predictions for 2021
2020 has seen cybercriminals step up their efforts to exploit the surge of people working from home, as well as seeking to exploit news and information about the pandemic.
This is a notoriously difficult area to predict, but what do experts think we’ll see happening in 2021?
How to avoid getting caught in ransomware's crosshairs
Paying off a bad actor for successfully implementing ransomware into an organization is the enterprise equivalent of rewarding a bad child who vandalized a home with candy -- but unfortunately, many organizations often have no choice but to pay… and pay a lot.
Technology has enabled asymmetric attacks. In other words, one attacker can federate an attack across many organizations. The attacker needs to get the attack right once -- while the defenders (corporations, governments, hospitals, etc.) need to get their defense right every… single… time!
Failure to keep up with complexity leaves businesses at ransomware risk
Increasingly businesses have data stored in hybrid- and multi-cloud environments, but a new report shows that this extra complexity could also be putting data at risk.
The report out today from Veritas Technologies found that only 36 percent of respondents say their security has kept pace with their IT complexity, underscoring the need for greater use of data protection solutions that can protect against ransomware across increasingly varied environments.
Getting real about ransomware [Q&A]
For every high-profile ransomware incident in the headlines, there are many more that never get reported. Particularly among small- and medium-sized businesses, often with small IT and cybersecurity teams, a ransomware attack can be an existential problem.
To understand how companies should respond when they discover they're in the grip of a ransomware threat actor, we spoke with Kurtis Minder, CEO and co-founder of GroupSense, which helps companies navigate through these attacks to get their businesses back online.
Hospitals and healthcare hit by global wave of ransomware
October has seen a 71 percent increase in ransomware attacks against the healthcare sector in the US compared to the previous month.
Elsewhere in the world, in EMEA, attacks increased by 36 percent and by 33 percent in the APAC region, according to research from Check Point.
Malware levels drop as attacks become more targeted
Overall malware levels have shown a 39 percent decline over the last quarter as attackers have switched to a more targeted approach.
The third quarter threat intelligence report from SonicWall Capture Labs records a 40 percent surge in global ransomware, a 19 percent increase in intrusion attempts and a 30 percent rise in IoT malware.
Beware the 'Windows Update' that can install malware, steal your personal information, and encrypt your PC
Emotet began life as a banking Trojan back in 2014 but has since evolved into something much worse -- a self-propagating platform that can deploy multiple exploits and spam campaigns.
The number one malware threat today, Emotet usually takes a break during the summer months while the developers behind it work to add new features and capabilities, and now it’s back with a new 'Windows Update' attachment.
Hackers turn to new tactics to make attacks more effective
Some nation-state cyber adversaries and notorious ransomware gangs are deploying an arsenal of new open-sourced tools, actively exploiting corporate email systems and using online extortion to scare victims into paying ransoms.
This is one of the findings of Accenture's latest Cyber Threatscape Report. Analysts have seen attackers using a combination of off-the-shelf tooling -- including 'living off the land' tools, shared hosting infrastructure and publicly developed exploit code -- and open source penetration testing tools to carry out cyberattacks and hide their tracks.
The impact and cost of ransomware in 2020
We reported earlier this week that ransomware attacks have increased dramatically in the last year and it's undoubtedly a growing problem.
In order to demonstrate just how big an issue it's become, Lumu, which helps businesses measure their compromise exposure, has produced an infographic detailing the cost and extent of ransomware.
Ransomware attacks rocket over the last quarter
In the last three months ransomware attacks have grown by a global average of 50 percent compared to the first half of 2020.
The figures look even bleaker for individual countries, with attacks up by by 98 percent in the US, 80 percent in the UK, 145 percent in Germany, 36 percent in France and 160 percent in Spain.
Free tool helps security professionals improve ransomware defenses
Ransomware is a persistent problem, with cybercriminals always looking for new ways to evade detection and infect systems. Attacks have increased 20 percent in the first half of this year.
Endpoint detection and response company Nyotron is launching a new, free online tool called Ransomwiz that allows allows security professionals to check their defenses by generating actual ransomware samples using a variety of real-world attack techniques.
Ransomware operators work together to maximize effectiveness of attacks
The numerous challenges of 2020 have proved to be fertile ground for ransomware attacks, with the number up by nine percent compared to the first quarter and by 59 percent compared to the second quarter of 2019.
The latest Threatscape report from Positive Technologies shows that 16 percent of phishing attacks took advantage of COVID-19 concerns, and there is also evidence that ransomware operators have started cooperating with each other.
Garmin confirms a ransomware attack took its systems offline
As expected, Garmin has confirmed that the ongoing outage that affected many of sport and fitness firm's services was the result of a cyberattack.
In a brief statement the company explains that the attack encrypted some of its systems on July 23, and then goes on to explain what happened and what was affected:
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