Malwarebytes

OCTOBER 27, 2023

ALPHV was the third most used RaaS between October 2022 - September 2023 ALPHV is a typical RaaS group where several criminal organizations work together to extort victims for data theft and/or encryption of important files. The service is used by criminal gangs called affiliates who actually carry out attacks.

Social Engineering 114

Social Engineering Engineering Ransomware Backups 114

CyberSecurity Insiders

JANUARY 19, 2023

The first news that is trending is associated with financial service provider PayPal. However, payment refusal also means that the targeted victims could recover their encrypted data by other means, like via backups or free decryption keys offered by many security firms these days.

Cyber Attacks 106

Cyber Attacks Social Engineering Financial Services Encryption 106

Thales Cloud Protection & Licensing

NOVEMBER 20, 2023

The IBM 2023 Cost of a Data Breach Report , for example, highlights the continuous financial burden on retailers, which, coupled with potential reputational damage, emphasizes the dire need for retailers to prioritize and bolster their cybersecurity measures. The security of our financial data is of paramount importance.

Retail 83

Retail Cybersecurity Financial Services Mobile 83

eSecurity Planet

FEBRUARY 16, 2021

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” Offline Backups.

Ransomware 97

Ransomware Backups Software Encryption 97

CyberSecurity Insiders

MARCH 2, 2021

Cloud service providers have expanded their offerings into industry-specific domains. AWS Financial Services and Azure for Financial Services are good examples of how cloud players are trying to entice industries to move more essential business functions to cloud platforms for enhanced security and growth.

Financial Services 83

Financial Services Architecture Backups Encryption 83

CyberSecurity Insiders

JUNE 25, 2022

Encryption-in-use, a.k.a. data-in-use encryption, is changing the data protection landscape and could spark a cybersecurity movement that dwarfs tokenization in both usage and magnitude of impact. Financial institutions could “clear” these by matching tokens with the original payment cards in highly secure back-end environments.

Ransomware 102

Ransomware Encryption Architecture Risk 102

SecureList

SEPTEMBER 11, 2023

The gang has scored a series of resonant attacks on oil companies, financial services , government agencies and healthcare providers. As with most cyberextortionists lately, the Cuba gang encrypts victims’ files and demands a ransom in exchange for a decryption key. It looks for data both locally and inside network shares.

Ransomware 144

Ransomware Encryption Malware DDOS 144

SecureWorld News

APRIL 4, 2022

It's slightly different from a standard ransomware attack—encrypting a user's files is a secondary concern. Essentially, leakware attacks demand victims pay a ransom to accomplish two things: recover their encrypted data and prevent confidential, sensitive information from being disseminated. What is leakware?

Ransomware 98

Ransomware Digital transformation Phishing Small Business 98

Malwarebytes

JUNE 16, 2023

Among the probably hundreds of victims are Payroll provider Zellis who serves British Airways and the BBC , oil giant Shell , several financial services organizations, insurance companies, and many others. Stop malicious encryption. Create offsite, offline backups.

Energy and Utilities 85

Energy and Utilities Ransomware Government Backups 85

Responsible Cyber

NOVEMBER 17, 2024

Image Source: AI Generated Recent data breaches have exposed sensitive information from millions of customers across healthcare, financial services, and technology sectors. The impact extends beyond immediate financial losses. Bank of America confirmed that 57,028 of its customers were directly affected by the incident.

Data breaches 98

Data breaches Healthcare Social Engineering Financial Services 98

Security Boulevard

SEPTEMBER 29, 2021

Recovery becomes costly as businesses suffer the majority of their losses through lost productivity, and backups don’t preclude expensive recovery. Backups Only Address a Small Part of Ransomware Recovery . For more than 50 years, backup software has proven reliable to restore data after application failures or data corruption issues.

Ransomware 59

Ransomware Backups Architecture Cyber Attacks 59

The Last Watchdog

JULY 21, 2020

For example, this could be adding protection to servers where it might have been absent in the past, or implementing multi-factor authentication for all your externally facing accounts and services. When companies build better security foundations it puts much of the proverbial low hanging fruit out of reach to cybercriminals.

Cloud Migration 157

Cloud Migration Ransomware Data breaches Internet 157

NetSpi Executives

APRIL 27, 2024

In addition to encrypting data and holding it hostage, ransomware attackers also upload valuable data to other systems on the internet. Rather than stealthily copying the data, ransomware attackers may upload the data quickly to a website via FTP using SSH encryption. Protect your backup systems.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Spinone

JULY 21, 2020

Read our article dedicated to CCPA: CCPA compliance checklist PCI-DSS Payment processors and other financial services providers may need to comply with the Payment Card Industry Data Security Standard (PCI-DSS). This standard helps to prevent credit card fraud and ensures that financial information is protected. success rate.

Backups 52

Backups Financial Services Ransomware Healthcare 52

Centraleyes

MAY 23, 2024

Benefits of Data Access and Governance Strong data access governance benefits firms in various industries, including financial services, retail, and healthcare. Encrypt Sensitive Data: Encrypt sensitive data in transit and at rest to prevent unwanted access. Use long, secure passwords and update them frequently.

Government 52

Government Backups Accountability Data privacy 52

Spinone

JANUARY 27, 2019

This includes such critical capabilities as backing up mission critical data, controlling data locality of both production and backup data. Security and Data Leak Security and specifically data leak are tremendously concerning for financial institutions. Financial data is perhaps one of the most sensitive types of data.

Banking 40

Banking Cloud Migration Backups Encryption 40

Spinone

DECEMBER 26, 2018

I’m not exaggerating: A s ecure cloud backup solution can save hours, days, months and years of your team’s work. That said, empower your employees with an effective and simple Data Loss Protection solution , allowing Automated backup and restore, deletion control , smooth migration, version control , activity reports, etc.,

Security Awareness 40

Security Awareness Risk Cyber threats Cyber Risk 40

Webroot

OCTOBER 31, 2024

A pivotal moment came when the FBI obtained over 7,000 decryption keys, allowing victims to unlock their encrypted data for free. Despite these setbacks, LockBit attempted to maintain its operations, quickly adapting by changing encryption methods and shifting its leak site strategy.

Malware 108

Malware Ransomware Passwords Healthcare 108

Malwarebytes

MARCH 9, 2022

In a FLASH publication issued by the FBI in coordination with DHS/CISA, the FBI says it has identified at least 52 organizations across 10 critical infrastructure sectors affected by RagnarLocker ransomware, including organizations in the critical manufacturing, energy, financial services, government, and information technology sectors.

Ransomware 122

Ransomware Backups VPN Encryption 122

CyberSecurity Insiders

SEPTEMBER 14, 2021

Third, is news related to ransomware, where data security firm Sophos has disclosed that 1 in 4 global financial services firm was targeted by a ransomware attack that yielded an average $2m loss to the victimized firm. The post Cyber Attack news headlines trending on Google appeared first on Cybersecurity Insiders.

Cyber Attacks 96

Cyber Attacks Financial Services Ransomware Backups 96

Security Boulevard

OCTOBER 27, 2021

Treasury Department report linked nearly $600 million in transactions to ransomware payments in “Suspicious Activity Reports” financial services firms have filed to the U.S. Ransomware has become one of the most dangerous and high-profile problems facing CIOs and CISOs worldwide. A recent U.S. Configure Endpoint Management .

Ransomware 59

Ransomware Backups Mobile InfoSec 59

Security Boulevard

MARCH 25, 2022

But now CISA (and the FBI) has taken Information Sharing to a whole new level. The White House on Russian Cyber Threats.

Education 64

Education Government Malware Financial Services 64

SecureWorld News

SEPTEMBER 27, 2020

The days where victims could simply pay ransom for an encryption key, unscramble their data, and move on are ending. Now that some companies have managed to avoid paying ransom by restoring from backup, the gangs have upped their game. In 20+ years now of investigating cyber-related crime, this is the busiest I have ever been.

Ransomware 84

Ransomware Cryptocurrency Computers and Electronics Banking 84

ForAllSecure

APRIL 19, 2023

Rather than restoring from a backup the entire operating system, which gets you everything up until the moment of that last backup, then you still have to add in what’s missing. Not restore from a backup, because other parts of your system may be doing other things. When was the backup made? CODEN: Exactly.

Software 40

Software Backups Computers and Electronics Technology 40

Duo's Security Blog

JULY 6, 2021

The eight areas are: Application Control Patch Applications Configure Microsoft Office Macro Settings User Application Hardening Restrict Administrative Privileges Patch Operating Systems Multi Factor Authentication Daily Backups Each area comes with guidance to improve maturity of the area.

Government 144

Government Backups Architecture Encryption 144