Cybersecurity insurance is missing the risk 25/08/2023 at 08:04 By Help Net Security Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance. The traditional actuary models do not […]
Cybersecurity insurance is missing the risk Read More »
Ransomware dwell time hits new low 25/08/2023 at 06:34 By Help Net Security Median attacker dwell time—the time from when an attack starts to when it’s detected—shrunk from 10 to eight days for all attacks, and to five days for ransomware attacks during the first half of 2023, according to Sophos. In 2022, the median
Ransomware dwell time hits new low Read More »
Cloud hosting firms hit by devastating ransomware attack 24/08/2023 at 16:18 By Helga Labus Danish cloud hosting firms CloudNordic and Azero – both owned by Certiqa Holding – have suffered a ransomware attack that resulted in most customer data being stolen and systems and servers rendered inaccessible. The CloudNordic and Azero ransomware attack In the
Cloud hosting firms hit by devastating ransomware attack Read More »
Hosting Provider CloudNordic Loses All Customer Data in Ransomware Attack 24/08/2023 at 14:21 By Ionut Arghire Danish cloud hosting provider CloudNordic says most customers lost all data after ransomware shut down all its systems and servers. The post Hosting Provider CloudNordic Loses All Customer Data in Ransomware Attack appeared first on SecurityWeek. This article is
Hosting Provider CloudNordic Loses All Customer Data in Ransomware Attack Read More »
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
Cybersecurity Companies Report Surge in Ransomware Attacks Read More »
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
Ransomware Group Starts Leaking Data From Japanese Watchmaking Giant Seiko Read More »
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
Australian Energy Software Firm Energy One Hit by Cyberattack Read More »
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
Seiko joins growing list of ALPHV/BlackCat ransomware victims Read More »
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
Australian Lender Latitude Financial Reports AU$76 Million Cyberattack Costs Read More »
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
Network detection and response in the modern era Read More »
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
Rapid7 Says ROI for Ransomware Remains High; Zero-Day Usage Expands Read More »
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
Cleaning Products Giant Clorox Takes Systems Offline Following Cyberattack Read More »
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
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
1.5 Million Impacted by Ransomware Attack at Canadian Dental Service Read More »
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
Ransomware: To pay or not to pay Read More »
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
Utilization of Leaked Ransomware Builders in Tech-Related Scams Read More »
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
Recent ransomware attacks share curiously similar tactics Read More »
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
Data exfiltration is now the go-to cyber extortion strategy Read More »
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
The ransomware rollercoaster continues as criminals advance their business models Read More »
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