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November 21, 2021

Growing supply chain attacks to ransomware gangs putting lives at risk

According to Michael Heywood: “We’ll see supply chain attacks continue to rise over next year as threat actors search for weak links in software supply-chains, targeting software used widely and globally, or by specific company.”
by News Desk | 6 min read
May 19, 2023

Paying ransomware is financing crime – How organisations can break the cycle

Cybercrime has existed since the 1980s, and since then the cybersecurity industry has been constantly evangelising (or “fear-mongering” depending on who you ask) over cyber threats.
by News Desk | 4 min read
September 5, 2022

RedAlert and Monster: multiplatform ransomware gains steam

In keeping with the trend of cross-platform ransomware, Kaspersky has discovered new ransomware gangs that have learned to adapt their malware to multiple operating systems at the same time, causing more damage to organizations. Kaspersky experts recently discovered the activity of RedAlert and Monster - groups that were able to perform attacks on different operating systems without the use of multiplatform languages.
by News Desk | 2 min read
August 26, 2022

Ransomware damages to exceed $30 billion by 2023

Acronis, a global provider of cyber security, has released its mid-year cyberthreats report, which was conducted by Acronis' Cyber Protection Operation Centers to provide an in-depth review of the cyber threat trends being tracked by the company's experts.
by News Desk | 3 min read
August 10, 2022

Hive, LockBit and BlackCat gangs consecutively attack the same network

Sophos, a global provider of next-generation cybersecurity, announced in the Sophos X-Ops Active Adversary whitepaper, "Multiple Attackers: A Clear and Present Danger", that three prominent ransomware gangs, Hive, LockBit, and BlackCat, all attacked the same network at the same time.
by News Desk | 3 min read
June 24, 2022

“Do-It-Yourself” ransomware kits have created thriving cottage industry of cybercrime

Ransomware groups have recently added a variety of other extortion techniques to their arsenal, such as launching DDoS attacks and contacting victims' customers, making it even more difficult for defenders.
by News Desk | 2 min read
May 23, 2022

Ransomware empire kept its winning streak going up in 2021

According to the findings of the second edition of the report, the ransomware empire's winning streak continued, with the average ransom demand increasing by 45 percent to $247,000 in 2021.
by News Desk | 3 min read
April 19, 2022

Dark Web leaks led to higher ransomware payments in 2021

REvil, also known as Sodinokibi, came in second with 7.1%, followed by Hello Kitty and Phobos (4.8% each). Conti's Dark Web leak site also contained the names of 511 organizations, the most of any group.
by News Desk | 2 min read
April 14, 2022

Complex RansomOps fuel explosion in 2021 ransomware economy, reveals Cybereason

Early on, ransomware attackers relied on "spray-and-pray" tactics to target mostly individuals when ransom demands were relatively low compared to what we saw in 2020-2021.
by News Desk | 3 min read
February 24, 2022

IBM report reveals surge in ransomware attacks in the UAE in 2021

According to the 2022 study, the Middle East and Africa area was the fourth-most assaulted region in the globe, with the United Arab Emirates, Saudi Arabia, and South Africa being the most targeted nations.
by News Desk | 2 min read