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INE Security advises businesses to secure their network by using firewalls, encrypting data, and regularly updating security software. The cost of ignoring such measures can be substantial, as noted in IBM’s 2023 Cost of a Data Breach Report, which found the average impact of a data breach on small businesses can exceed $3.31
Multiple ransomware groups were spotted exploiting a vulnerability, tracked as CVE-2023-27532, in Veeam Backup & Replication. The vulnerability CVE-2023-275327 (CVSS score of 7.5) impacts the Veeam Backup & Replication component. ” reads the report published by BlackBerry.
Unlike other extortion group, the gang doesnt encrypt data, but focuses on data theft to speed up its activity. Backups are insufficient; IPS is recommended for protection. In 2023, Loretto Hospital experienced another data security incident. Victims include AMD and Keralty. They shame non-payers by leaking data.
Toronto, Canada, July 12, 2023 – Asigra Inc., a leader in ultra-secure backup and recovery, is tackling the pressing data protection and security challenges faced by organizations utilizing the thousands of Software as a Service (SaaS) applications on the market today.
Spooky fact : According to research from Proofpoint , in 2023, 71% of organizations experienced at least one successful phishing attack, and they remain one of the most prevalent forms of cyber threats. million, almost an increase of $1 million from 2023 , proving that these "vampires" are more active—and greedier—than ever.
This ransomware is known for employing double extortion tactics, which means they encrypt victims’ data while also threatening to release sensitive information unless a ransom is paid. The company provided no HIPAA training for employees prior to November 2023. This investigation revealed extensive HIPAA violations.
“They allegedly used the Phobos malware to encrypt information on the networks, blocking the companies from accessing the data unless a ransom was paid and a decryption key was provided by the gang. Source Nation Thailand The gang compromised at least 17 Swiss companies using the Phobos ransomware between April 2023 and October 2024.
In 2023, ThreatDown discovered that, unlike other ransomware gangs that demanded up to $1 million or more from each victim , Phobos operators demanded an average of $1,719 from victims, with a median demand of just $300. Prevent intrusions and stop malicious encryption. Create offsite, offline backups.
A new study conducted by Veeam Software claims that hackers have shifted their focus towards backup storage appliances, as they provide assurance that the victim will definitely pay the demanded ransom amount. Instead, it is better to invest in technologies that offer on-site and off-site backup appliances, as well as cloud resources.
Veeam addressed a high-severity vulnerability in the Backup Service that impacts Backup & Replication software. Veeam addressed a high-severity vulnerability in the Backup Service, tracked as CVE-2023-27532 (CVSS v3 score: 7.5), that impacts all versions of Backup & Replication software versions.
Researchers released a PoC exploit code for a high-severity vulnerability in Veeam Backup & Replication (VBR) software. Veeam recently addressed a high-severity flaw, tracked as CVE-2023-27532 , in Veeam Backup and Replication (VBR) software. ” reads the advisory published by the vendor.
A report from 2023 revealed that 67% of energy and utility companies faced ransomware attacks, with many incidents exploiting unpatched vulnerabilities. Develop backup and recovery plans: Data recovery plans are essential to mitigate the impact of cyber incidents.
The decryptor works for victims whose files were encrypted between November 2022 and December 2023. The decryptor, called Black Basta Buster, exploits a flaw in the encryption algorithm used in older versions of the Black Basta group’s ransomware. Stop malicious encryption. Create offsite, offline backups.
The regulations were most recently updated on November 1, 2023, with phased effective dates starting on December 1, 2023. Encrypt "non-public" data both at rest and in motion or use effective alternative compensating controls for information at rest if approved by the CISO in writing.
In other news, both LockBit and the Akira ransomware gang, the latter of which has tallied 125 victims since we first began tracking them in April 2023, were confirmed last month to be exploiting a specific zero-day flaw ( CVE-2023-20269 ) in Cisco VPN appliances. Stop malicious encryption. Create offsite, offline backups.
Every week the best security articles from Security Affairs are free in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.
World Backup Day 2023: Five Essential Cyber Hygiene Tips madhav Thu, 03/30/2023 - 05:54 World Backup Day , celebrated each year on March 31st, is a day created to promote backing up data from your devices. Encrypt Your Sensitive Data Data encryption isn't just for large organizations.
Following criticism, Google has decided to bring end-to-end encryption (E2EE) to its Google Authenticator cloud backups. The search giant recently introduced a feature that allows users back up two-factor authentication ( 2FA ) tokens to the cloud, but the lack of encryption caused some commentators to warn people off using it.
Before this sudden increase in attacks, we had been observing an average decrease of 20 attacks a month from the group since April 2023. From April 2023 to July 2023, their median number of attacks was actually slightly higher than this at 69 attacks a month, making the decline seem less substantial. Stop malicious encryption.
Formed around 2016 to defend Ukraine’s cyberspace against Russian interference, the UCA used a public exploit for CVE-2023-22515 to gain access to Trigona infrastructure. Stop malicious encryption. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers.
Compared to 2023, healthcare providers are facing a higher frequency of ransomware incidents, impacting their ability to deliver essential services and protect sensitive patient data. As of the first three quarters of 2024, there were already 264 ransomware incidents affecting healthcare providers—nearly matching all of 2023's figures.
Analysis of samples exploiting CVE-2023-23397 vulnerability On March 14, Microsoft reported a critical Elevation of Privilege (EoP) vulnerability (CVE-2023-23397) in the Outlook client. This feature bypass vulnerability (CVE-2023-29324) was itself patched in May.
Notably, they target CVE-2024-1709 (ScreenConnect authentication bypass) and CVE-2023-48788 (Fortinet EMS SQL injection) to infiltrate systems. Medusa operators leverage legitimate remote access tools like AnyDesk, Atera, and Splashtop, alongside RDP and PsExec, to move laterally and locate files for exfiltration and encryption.
As of July 2023, the FBI observed ransomware operators exploiting vulnerabilities in vendor-controlled remote access to casino servers, and companies that were compromised through legitimate system management tools to elevate network permissions. . ” reported the PIN.
Profile of participants and applications We collected the data from a sample of the application security assessment projects our team completed in 2021–2023. Mitigation: do not store files containing sensitive data, such as passwords or backups, in web application publish directories.
Encryption uses mathematical algorithms to transform and encode data so that only authorized parties can access it. What Encryption Is and How It Relates to Cryptology The science of cryptography studies codes, how to create them, and how to solve them. How Does Encryption Process Data? How Does Encryption Process Data?
In November there were 457 total ransomware victims, making it the most active month for ransomware gangs in 2023 so far besides May. The top stories of the month include ALPHV’s shutdown, an increased focus on the healthcare sector, and high-profile attacks on Toyota, Boeing, and more using a Citrix Bleed vulnerability (CVE-2023-4966).
Phobos variants are usually distributed by the SmokeLoader , but in 8Base campaigns, it has the ransomware component embedded in its encrypted payloads. The experts observed a massive spike in activity associated with this threat actor between May and June 2023. Generation of target list of extensions and folders to encrypt.
Source: Coveware We’ve seen a drop-off from the highs last year – fueled by Cl0p ransomware group making over $100 Million in a few months in late 2023. A pivotal moment came when the FBI obtained over 7,000 decryption keys, allowing victims to unlock their encrypted data for free.
But in cybersecurity, dwell time is the time between bad actors’ initial break in and the attack itself, when target data is encrypted. Even bad actors abide by ROI Ransomware began purely from an encryption perspective. First, the modus operandi was to encrypt and hold data for ransom. Today’s hackers don’t stop there.
The Key Group ransomware gang has been active since at least January 2023. EclecticIQ researchers reported that since June 29, 2023, the ransomware group is likely using the NjRAT RAT to remotely access victim devices. “Key Group ransomware uses a base64 encoded static key N0dQM0I1JCM= to encrypt victims’ data. .
Known ransomware attacks by gang, May 2023 This isn't the first time this year a gang has overhauled LockBit and climbed to the top spot on our monthly charts. Let's jump right in with MalasLocker, who burst onto the scene last month with 171 total victims—beating out LockBit (76) by almost 100 known attacks. A new norm?
Ransomware Trends Overview As ransomware’s fundamental nature shifts from encryption to data exfiltration, organizations’ data backup and recovery practices no longer protect them from attacks. The post Threat Spotlight: Data Extortion Ransomware: Key Trends in 2023 appeared first on Security Boulevard.
Known ransomware attacks by gang, April 2023 Known ransomware attacks by country, April 2023 Known ransomware attacks by industry sector, April 2023 Cl0p ransomware, which gained prominence in March by exploiting a zero-day vulnerability in GoAnywhere MFT, went comparatively silent with just four attacks in April.
In a surprising turn of events for the ransomware landscape, Cl0p has emerged as the most used ransomware in March 2023, dethroning the usual frontrunner, LockBit. Known ransomware attacks by Cl0p, March 2023 Cl0p's ability to exploit a zero-day to such effect is akin only in recent memory to the Kaseya VSA ransomware incident in July 2022.
According to a September 20, 2023 joint advisory from the FBI and the U.S. Within this timeframe, Snatch threat actors exploited the victim’s network moving laterally across the victim’s network with RDP for the largest possible deployment of ransomware and searching for files and folders for data exfiltration followed by file encryption.”
Ransomware landscape: rise in targeted groups and attacks Kaspersky collected data on targeted ransomware groups and their attacks from multiple relevant public sources, for the years 2022 and 2023, filtered and validated it. In the graph below, you can see the ransomware families that were most active in 2023.
Microsoft Patch Tuesday security updates for January 2023 fixed 97 flaws and an actively exploited zero-day. One of the flaws addressed this month, tracked as CVE-2023-21674 (CVSS score 8.8), is listed as being in the wild at the time of release. Another issue fixed by Microsoft is the CVE-2023-21549 (CVSS Score 8.8)
July saw one of the highest number of ransomware attacks in 2023 at 441, second only to a record-breaking 556 attacks in May. Known ransomware attacks by gang, July 2023 The LockBit gang is experiencing a steady four-month decline in the number of attacks it has carried out. From March 2023 to July 2023, we recorded a total of 2,130.
During a recent incident response case, we found traces of an adversary leveraging ConnectWise R1Soft Server Backup Manager software (hereinafter: R1Soft server software). The adversary used it as an initial point of access and as a platform to control downstream systems connected via the R1Soft Backup Agent.
Ransomware attacks via email: Ransomware is a type of malware that encrypts an organization’s data, holding it hostage until a ransom is paid. Organizations must prioritize email security measures that block malicious attachments, educate employees about ransomware threats, and establish robust data backup and recovery processes.
Data protection firm Arcserve addressed an authentication bypass vulnerability in its Unified Data Protection (UDP) backup software. Data protection vendor Arcserve addressed a high-severity bypass authentication flaw, tracked as CVE-2023-26258, in its Unified Data Protection (UDP) backup software. Arcserve released UDP 9.1
Between April 2022 and March 2023, Germany was a globally significant target for ransomware gangs. Editor-in-chief Uwe Ralf Heer reported that a well-known cybercriminal group encrypted its systems and left ransom demands, but did not specify further.
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