Latitude Forced To Stop Adding New Customers in Aftermath of Breach

Apr 3, 2023 2:32:00 PM By Javvad Malik

Looks like Latitude Finance is trying to give consumers more "latitude" in their exposure to cyber risks. The Australian finance company admittedly fell victim to an attack that has ...

Ransomware Data Theft Extortion Goes up 40% to 70% From ‘21 to ’22

Mar 24, 2023 8:15:00 AM By Stu Sjouwerman

A report from Palo Alto Networks’ Unit 42 found that data theft extortion occurred in 70% of ransomware attacks in 2022, compared to 40% in 2021. The researchers examined the four most ...

Phishing Attacks Top List of Initial Access Vectors with Backdoor Deployment as Top Objective

Mar 17, 2023 2:19:15 PM By Stu Sjouwerman

New data looking back at the cyber attacks observed in 2022 shows that phishing continues to dominate as initial access brokers seem to be growing their business using backdoors.

Newest FBI Report Shows $10B in Losses Last Year Due to Internet Scams

Mar 14, 2023 2:15:30 PM By Stu Sjouwerman

The 2022 Internet Crime Report by the FBI reported at least $10.3 billion in losses due to internet scams last year.

The Education Sector Must Act Now

Mar 9, 2023 9:17:18 AM By Martin Kraemer

The education sector remains vulnerable as ransomware shame sites continue to feature teaching institutions from around the world. Some of the latest victims were universities from ...

Three-Quarters of Vulnerabilities Used in Ransomware Attacks Were Discovered Before 2020

Mar 8, 2023 9:24:07 AM By Stu Sjouwerman

Despite a lot of focus on phishing and remote access as initial access vectors, new data shows the use of vulnerabilities is not only on the rise, but simply isn’t being properly ...

Coping With “Double-Extortion” Royal Ransomware

Mar 6, 2023 9:10:12 AM By Stu Sjouwerman

The US Cybersecurity and Infrastructure Security Agency (CISA) and the FBI last week issued a joint advisory on Royal ransomware. Royal is noteworthy for its ability to disable various ...

Ransomware Attacks on Industrial Infrastructure Climb 87% Despite Security Improvements to ICS Environments

Mar 6, 2023 9:09:51 AM By Stu Sjouwerman

Since the goal of ransomware is to initially disrupt operations, the targeting of industrial control systems has been an increasing focus for specific ransomware groups.

CISA's latest ransomware warning promotes fighting social engineering at the top of the document, once again

Mar 3, 2023 6:58:12 AM By Stu Sjouwerman

So, today CISA released another ransomware notice. The Cybersecurity and Infrastructure Security Agency is an agency of the United States Department of Homeland Security that is ...

Ransomware Attacks Using Extortion Tactics Reaches Critical Mass at 96% of all Attacks

Feb 23, 2023 11:28:04 AM By Stu Sjouwerman

New cyber attack data from 2022 is providing insight into what to expect in 2023, including ransomware campaigns.

Do Not Let Ransomware Steal the Show – Business Email Compromise Is the Biggest Threat You Must Prepare For!

Feb 21, 2023 10:12:12 AM By Javvad Malik

When it comes to cybersecurity, ransomware is the rockstar of threats. But taking a peek behind the curtain, business email compromise (BEC) causes huge financial losses.

Do Not Fall Victim to Cyber Attacks – Find Out What the Latest Hiscox Report Reveals!

Feb 7, 2023 1:52:22 PM By Javvad Malik

Insurance provider Hiscox has published its fifth annual cyber readiness report, which has some eye-opening statistics.

Ransomware Targets are Getting Larger and Paying More as Fewer Victims Are Paying the Ransom

Jan 31, 2023 3:04:22 PM By Stu Sjouwerman

New data showcasing the state of ransomware shows that while organizations are likely getting better at recovery (and not paying the ransom), cybercriminals are shifting focus to ensure ...

Ransomware Has SMBs Reprioritizing Their Cybersecurity Spending to Combat Attacks

Jan 20, 2023 9:57:48 AM By Stu Sjouwerman

New data shows that SMBs can clearly see where they have cybersecurity issues and are taking great strides to put their devoted budget to security technology and services that actually ...

[Eye Popper] Ransomware Victims Refused To Pay Last Year

Jan 20, 2023 7:03:01 AM By Stu Sjouwerman

Finally some good news from the ransomware front! Despite bad actors launching a number of ransomware campaigns throughout 2022, organizations refused to submit and paid criminals an ...

Cybercriminals Mimic Victim Website to Publish Exfiltrated Data on the Public Web

Jan 17, 2023 8:51:59 AM By Stu Sjouwerman

In a new twist, threat actors use a typo squatted domain name to increase the chances that stolen data will be seen by the general public after not being paid the ransom.

Government, Higher Ed, School Districts, and Healthcare Continue to be Victims of Ransomware Attacks

Jan 17, 2023 8:51:52 AM By Stu Sjouwerman

An analysis of the publicly-accessible data on ransomware attacks shows that these sectors that were a primary target of ransomware in 2021 continued as targets in 2022 to the same degree.

[Heads Up] Phishing Attacks Are Now The Top Vector For Ransomware Delivery

Jan 13, 2023 6:57:21 AM By Stu Sjouwerman

Phishing attacks are now the top vector for ransomware delivery, according to researchers at Digital Defense. Phishing emails can be highly tailored to specific employees in order to ...

These grim figures show that the ransomware problem isn't going away

Jan 5, 2023 8:32:40 AM By Stu Sjouwerman

ZDNet summarized the problem as follows: "Up to 1,981 schools, 290 hospitals, 105 local governments and 44 universities and colleges were hit with ransomware in the US alone during 2022, ...

[Eye Opener] Insurance policy doesn’t cover ransomware attack, Ohio Supreme Court says

Dec 28, 2022 7:15:35 AM By Stu Sjouwerman

Dec. 27, 2022, The Ohio Supreme Court ruled in favor of an insurance company, determining that its contract to cover any direct physical loss or damage to property did not encompass ...

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