Ransomware - Security Ticks

Cybersecurity Companies Report Surge in Ransomware Attacks

Cybersecurity Companies Report Surge in Ransomware Attacks 23/08/2023 at 19:18 By Eduard Kovacs Cybersecurity companies have released a dozen ransomware reports in recent weeks and most of them show a surge in attacks. The post Cybersecurity Companies Report Surge in Ransomware Attacks appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS Feed […]

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Ransomware Group Starts Leaking Data From Japanese Watchmaking Giant Seiko

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Ransomware Group Starts Leaking Data From Japanese Watchmaking Giant Seiko 22/08/2023 at 16:32 By Eduard Kovacs The BlackCat/ALPHV ransomware group has started publishing data allegedly stolen from Japanese watchmaking giant Seiko. The post Ransomware Group Starts Leaking Data From Japanese Watchmaking Giant Seiko appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS

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Australian Energy Software Firm Energy One Hit by Cyberattack

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Australian Energy Software Firm Energy One Hit by Cyberattack 22/08/2023 at 16:32 By Eduard Kovacs Energy One, an Australian company that provides software products and services to the energy sector, has been hit by a cyberattack. The post Australian Energy Software Firm Energy One Hit by Cyberattack appeared first on SecurityWeek. This article is an

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Seiko joins growing list of ALPHV/BlackCat ransomware victims

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Seiko joins growing list of ALPHV/BlackCat ransomware victims 22/08/2023 at 12:03 By Helga Labus Japanese watchmaker Seiko has been added to ALPHV (BlackCat) ransomware group’s victim list, following a data breach occurring in early August. The Seiko data breach The company published a data breach and response notice on August 10, 2023, stating that an

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Australian Lender Latitude Financial Reports AU$76 Million Cyberattack Costs

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Australian Lender Latitude Financial Reports AU$76 Million Cyberattack Costs 21/08/2023 at 16:30 By Eduard Kovacs Australian lender Latitude Financial said the recent ransomware attack has cost it AU$76 million (roughly US$50 million). The post Australian Lender Latitude Financial Reports AU$76 Million Cyberattack Costs appeared first on SecurityWeek. This article is an excerpt from SecurityWeek RSS

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Network detection and response in the modern era

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Network detection and response in the modern era 21/08/2023 at 07:04 By Mirko Zorz In this Help Net Security interview, David Gugelmann, CEO at Exeon, sheds light on the current cyber threats and their challenges for network security. He discusses the role of Network Detection and Response (NDR) solutions that leverage machine learning algorithms to

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Rapid7 Says ROI for Ransomware Remains High; Zero-Day Usage Expands

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Rapid7 Says ROI for Ransomware Remains High; Zero-Day Usage Expands 17/08/2023 at 19:02 By Kevin Townsend A new report from Rapid7 says a ransomware gang like Cl0p would easily be able to afford a bevy of zero-day exploits for vulnerable enterprise software. The post Rapid7 Says ROI for Ransomware Remains High; Zero-Day Usage Expands appeared

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Cleaning Products Giant Clorox Takes Systems Offline Following Cyberattack

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Cleaning Products Giant Clorox Takes Systems Offline Following Cyberattack 16/08/2023 at 16:45 By Ionut Arghire Cleaning products manufacturer and marketer Clorox Company has taken certain systems offline after falling victim to a cyberattack. The post Cleaning Products Giant Clorox Takes Systems Offline Following Cyberattack appeared first on SecurityWeek. This article is an excerpt from SecurityWeek

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Cybertech Africa 2023 marks the first gathering for innovation and networking in the region

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Cybertech Africa 2023 marks the first gathering for innovation and networking in the region 16/08/2023 at 06:02 By Help Net Security Last week, on August 1-2, 2023, Cybertech arrived at the Kigali Convention Center in Kigali, Rwanda, in partnership with the Rwanda Ministry of ICT, Rwanda’s National Cyber Security Authority, the Rwanda Convention Bureau, and

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1.5 Million Impacted by Ransomware Attack at Canadian Dental Service

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1.5 Million Impacted by Ransomware Attack at Canadian Dental Service 15/08/2023 at 14:03 By Ionut Arghire The personal information of 1.5 million individuals was compromised in a ransomware attack at Alberta Dental Service Corporation (ADSC). The post 1.5 Million Impacted by Ransomware Attack at Canadian Dental Service appeared first on SecurityWeek. This article is an

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Ransomware: To pay or not to pay

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Ransomware: To pay or not to pay 15/08/2023 at 08:05 By Help Net Security Comprehensive security plans and programs must focus on defense, but also on answering these key question: “How will the organization respond to a ransomware attack?”, and “At what point will the option of paying the ransom be on the table?” What

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Utilization of Leaked Ransomware Builders in Tech-Related Scams

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Utilization of Leaked Ransomware Builders in Tech-Related Scams 09/08/2023 at 22:02 By rohansinhacyblecom Key Takeaways This blog sheds light on a new Tech Scam wherein scammers employ deceptive tactics to lure users into paying for non-existent antivirus solutions. Uncovering Tech Scammers possible involvement in different ransomware attacks. The IP address of a domain used in

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Recent ransomware attacks share curiously similar tactics

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Recent ransomware attacks share curiously similar tactics 09/08/2023 at 12:33 By Industry News A series of ransomware attacks made by different groups share curiously similar characteristics, according to Sophos. Sophos released new findings into the connections between the most prominent ransomware groups this past year, including Royal, in its Clustering Attacker Behavior Reveals Hidden Patterns

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Data exfiltration is now the go-to cyber extortion strategy

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Data exfiltration is now the go-to cyber extortion strategy 09/08/2023 at 06:32 By Help Net Security The abuse of zero-day and one-day vulnerabilities in the past six months led to a 143% increase in victims when comparing Q1 2022 with Q1 2023, according to Akamai. Ransomware groups target the exfiltration of files The report also

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The ransomware rollercoaster continues as criminals advance their business models

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The ransomware rollercoaster continues as criminals advance their business models 09/08/2023 at 06:02 By Help Net Security Ransomware shows no signs of slowing, with ransomware activity ending 13 times higher than at the start of 2023 as a proportion of all malware detections, according to Fortinet. Ransomware detections 1H 2023 FortiGuard Labs has documented substantial

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White House Holds First-Ever Summit on the Ransomware Crisis Plaguing the Nation’s Public Schools

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White House Holds First-Ever Summit on the Ransomware Crisis Plaguing the Nation’s Public Schools 08/08/2023 at 21:19 By Associated Press CISA will step up training for the K-12 sector and technology providers, including Amazon Web Services and Cloudflare, will offer grants and free software. The post White House Holds First-Ever Summit on the Ransomware Crisis

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UK Think Tank Proposes Greater Ransomware Reporting From Cyberinsurance to Government

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UK Think Tank Proposes Greater Ransomware Reporting From Cyberinsurance to Government 08/08/2023 at 14:46 By Kevin Townsend The Royal United Services Institute (RUSI) examined the relationship between cyberinsurance and ransomware, and proposes greater reporting from victims to government, enforced through insurance policies. The post UK Think Tank Proposes Greater Ransomware Reporting From Cyberinsurance to Government

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Getting the best possible outcome in ransomware negotiation

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Getting the best possible outcome in ransomware negotiation 08/08/2023 at 07:32 By Mirko Zorz Though typically seen as a final measure, 90% of participants from a BigID survey revealed that their company would contemplate paying a ransom if it meant they could recover data and business processes, or recover them faster. In this Help Net

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Colorado Department of Higher Education Discloses Ransomware Attack, Data Breach

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Colorado Department of Higher Education Discloses Ransomware Attack, Data Breach 07/08/2023 at 13:48 By Eduard Kovacs Colorado Department of Higher Education targeted in a ransomware attack that resulted in a data breach impacting many students and teachers. The post Colorado Department of Higher Education Discloses Ransomware Attack, Data Breach appeared first on SecurityWeek. This article

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Navigating the gray zone of ransomware payment practices

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Navigating the gray zone of ransomware payment practices 07/08/2023 at 06:33 By Help Net Security Ransomware remains a lucrative tool for cybercriminals as attackers continue to target a wide array of businesses. In response to this growing threat, an increasing number of organizations are compelled to meet ransom demands, perceiving it as their only viable

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