Global Ransomware Attacks Increase by 715 Percent as Cybercriminals Capitalize on the Pandemic Opportunity

The massive rise in frequency is a signal that cybercriminals are not only finding their ransomware campaigns successful, but are also seeing increases in ransom amounts.

Funds Transfer Fraud Has Increased 35% Since the Onset of COVID-19

With reported losses from thousands of dollars to well over $1 million, funds transfer fraud represents 27% of cyber insurance claims in 2020.

Ransomware Dominates 41% of all Cyber Insurance Claims in H1 2020

Just-released data from cyber insurer Coalition shows massive increases in both the frequency of ransomware attacks and the ransom demand with Maze and Ryuk leading the way.

The New Version of Qbot Trojan Steals Damn Near Everything, Hijacks Email Threads to Spread Infection

Originally seen all the way back in 2008, this banking trojan is continuously being developed. Its latest iteration is downright nasty and has already infected 5% of all organizations ...

Organizations Aren’t Prepared to Recover from Cyberattacks on Active Directory

Cybercriminals are increasingly leveraging Active Directory to spread malware and even hold the organization for ransom. New data suggests you’re nowhere near ready for it.

Threat Group DeathStalker Uses PowerShell-based Implant Powersing to Hack into Financial Services Firms

Apparently focused on more intelligence gathering than taking direct malicious action against the organizations they compromise, this attack is filled with ingenuity.

Australian Financial Services Company is Sued for Repeatedly Being Hacked… and Doing Zero About It

The Australian Securities and Investments Commission (ASIC) is suing RI Advice Group for being hacked multiple times over a year’s time that includes 155 hours of undetected hacker ...

Tesla and the FBI just prevented a $1 million ransomware hack at the Nevada Gigafactory

Fred Lambert at Electrek just reported on a story we published Aug 26th, and he reveals who was targeted: "Tesla and the FBI worked together to prevent a group of ransomware hackers from ...

Russian Charged With Trying to Recruit Employee to Plant Ransomware in US Company

Michael Kan at PC Mag reported: "According to the FBI, Egor Igorevich Kriuchkov promised to pay as much as $1 million to the employee to help his shadowy group steal data from a ...

[Heads Up] DarkSide: Sophisticated New Customized Ransomware Strain Demands Millions Of Dollars

Breaking News: A new ransomware operation named DarkSide began attacking organizations earlier this month with customized attacks that have already earned them million-dollar payouts. But ...