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Ransomware crisis deepens as attacks and payouts rise

Ransomware crisis deepens as attacks and payouts rise 2024-09-02 at 07:01 By Help Net Security During the second quarter, new ransomware groups, including PLAY, Medusa, RansomHub, INC Ransom, BlackSuit, and some additional lesser-known factions, led a series of attacks that eclipsed the first quarter of this year by 16% and the second quarter of 2023 […]

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Keeping up with automated threats is becoming harder

Keeping up with automated threats is becoming harder 2024-09-02 at 06:31 By Help Net Security 98% of organizations attacked by bots in the past year lost revenue as a result, according to Kasada. Web scraping (web crawling) is a significant threat followed closely by account fraud, with more than one third of IT/IS specialists reporting

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Deepfakes: Seeing is no longer believing

Deepfakes: Seeing is no longer believing 2024-08-29 at 06:35 By Help Net Security The threat of deepfakes lies not in the technology itself, but in people’s natural tendency to trust what they see. As a result, deepfakes don’t need to be highly advanced or convincing to effectively spread misinformation and disinformation. While many organizations have

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Third-party risk management is under the spotlight

Third-party risk management is under the spotlight 2024-08-29 at 06:01 By Help Net Security In the aftermath of the CrowdStrike IT outage, new research has uncovered a critical vulnerability within financial institutions regarding supply chain resilience. The outage has demonstrated the need for greater digital supply chain resilience, particularly in vital sectors such as financial

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Cybercriminals capitalize on travel industry’s peak season

Cybercriminals capitalize on travel industry’s peak season 2024-08-28 at 06:31 By Help Net Security Cybercriminals are capitalizing on the travel and hospitality industry’s peak season, using increased traffic as cover for their attacks, according to Cequence Security. Researchers investigated the top 10 travel and hospitality sites to identify externally visible edge, cloud infrastructure, application stack,

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Old methods, new technologies drive fraud losses

Old methods, new technologies drive fraud losses 2024-08-28 at 06:01 By Help Net Security GenAI, deepfakes and cybercrime are critical threats putting intensifying pressures on businesses, according to Experian. Top online security concerns for consumers According to the FTC, consumers reported losing more than $10 billion to fraud in 2023 alone, representing a 14% increase

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Half of enterprises suffer breaches despite heavy security investments

Half of enterprises suffer breaches despite heavy security investments 2024-08-27 at 06:32 By Help Net Security Data breaches have become an increasingly severe threat, with recent reports highlighting a surge in their frequency and cost. Understanding the latest trends and statistics surrounding data breaches is essential for developing effective strategies to safeguard sensitive information. This

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Lateral movement: Clearest sign of unfolding ransomware attack

Lateral movement: Clearest sign of unfolding ransomware attack 2024-08-27 at 06:01 By Help Net Security 44% of unfolding ransomware attacks were spotted during lateral movement, according to Barracuda Networks. 25% of incidents were detected when the attackers started writing or editing files, and 14% were unmasked by behavior that didn’t fit with known activity patterns.

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Adversaries love bots, short-lived IP addresses, out-of-band domains

Adversaries love bots, short-lived IP addresses, out-of-band domains 2024-08-26 at 05:32 By Help Net Security Fastly found 91% of cyberattacks – up from 69% in 2023 – targeted multiple customers using mass scanning techniques to uncover and exploit software vulnerabilities, revealing an alarming trend in attacks spreading across a broader target base. Industries ranked by

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GenAI buzz fading among senior executives

GenAI buzz fading among senior executives 2024-08-26 at 05:01 By Help Net Security GenAI adoption has reached a critical phase, with 67% of respondents reporting their organization is increasing its investment in GenAI due to strong value to date, according to Deloitte. “The State of Generative AI in the Enterprise: Now decides Next,” is based

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The changing dynamics of ransomware as law enforcement strikes

The changing dynamics of ransomware as law enforcement strikes 2024-08-23 at 06:31 By Help Net Security After peaking in late 2023, the ransomware industry is beginning to stabilize in productivity, with notable developments in ransomware targets, and industry dynamics, according to WithSecure. Sectors impacted by ransomware (Source: WithSecure) While ransomware productivity has shown signs of

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Most ransomware attacks occur between 1 a.m. and 5 a.m.

Most ransomware attacks occur between 1 a.m. and 5 a.m. 2024-08-22 at 07:02 By Help Net Security There’s been an alarming increase in ransomware attacks over the past year, alongside significant shifts in the tactics and strategies employed by cybercriminals that underscore the necessity for organizations to implement around-the-clock monitoring and investigation of suspicious behaviors,

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Why C-suite leaders are prime cyber targets

Why C-suite leaders are prime cyber targets 2024-08-22 at 06:32 By Help Net Security Senior executives are prime targets for cybercriminals, with 72% of surveyed cybersecurity professionals in the US reporting that cyberattacks have targeted this group in the past 18 months. This trend, highlighted in GetApp’s 2024 Executive Cybersecurity Report, underscores the growing sophistication

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GenAI models are easily compromised

GenAI models are easily compromised 2024-08-22 at 06:01 By Help Net Security 95% of cybersecurity experts express low confidence in GenAI security measures while red team data shows anyone can easily hack GenAI models, according to Lakera. Attack methods specific to GenAI, or prompt attacks, are easily used by anyone to manipulate the applications, gain

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Organizations turn to biometrics to counter deepfakes

Organizations turn to biometrics to counter deepfakes 2024-08-20 at 06:31 By Help Net Security The risk of deepfakes is rising with 47% of organizations having encountered a deepfake and 70% of them believing deepfake attacks which are created using generative AI tools, will have a high impact on their organizations, according to iProov. Perceptions of

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Cybercriminals exploit file sharing services to advance phishing attacks

Cybercriminals exploit file sharing services to advance phishing attacks 2024-08-20 at 06:01 By Help Net Security Threat actors use popular file-hosting or e-signature solutions as a disguise to manipulate their targets into revealing private information or downloading malware, according to Abnormal Security. A file-sharing phishing attack is a unique type of phishing threat in which

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Common API security issues: From exposed secrets to unauthorized access

Common API security issues: From exposed secrets to unauthorized access 2024-08-19 at 06:01 By Help Net Security Despite their role in connecting applications and driving innovation, APIs often suffer from serious security vulnerabilities. Recent investigations reveal that many organizations are struggling with exposed secrets such as passwords and API keys, which attackers frequently misuse. The

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