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Part two of a four-part series The explosion of AI-driven phishing, insider threats, and business logic abuse has forced a shift toward more proactive, AI-enhanced defenses. Legacy IAM systems cant keep up as AI-powered phishing and deepfakes grow more sophisticated. The drivers are intensifying.
Peter is an IT manager for a technology manufacturer that got hit with a Russian ransomware strain called “ Zeppelin ” in May 2020. He’d been on the job less than six months, and because of the way his predecessor architected things, the company’s data backups also were encrypted by Zeppelin.
Cybersecurity training for small businesses is critical, and SMBs should invest in training programs to help employees recognize threats such as phishing attacks, ransomware, and other malicious activities. Regular backups ensure that businesses can recover quickly from ransomware attacks or other data loss incidents.
A ransomware outbreak that hit QuickBooks cloud hosting firm iNSYNQ in mid-July appears to have started with an email phishing attack that snared an employee working in sales for the company, KrebsOnSecurity has learned. “I take full responsibility for this. .”
The Cybersecurity and Infrastructure Security Agency (CISA), in collaboration with the Federal Bureau of Investigation (FBI) and the Multi-State Information Sharing and Analysis Center (MS-ISAC), has released a joint cybersecurity advisory warning organizations about the escalating threat posed by the Medusa ransomware.
that their information technology systems had been infiltrated by hackers who specialize in deploying ransomware. Nevertheless, on Friday, June 5, the intruders sprang their attack, deploying ransomware and demanding nearly $300,000 worth of bitcoin. The average ransomware payment by ransomware strain.
From zombie botnets to phishing phantoms, these threats might sound like campfire tales, but they're some of the most sinister forces in cybersecurity today. Phishing phantoms: masters of disguise Phishing scams have become more sophisticated. Like a phantom in disguise, a phishing attack can appear harmless—until it's too late.
The consulting firm PricewaterhouseCoopers recently published lessons learned from the disruptive and costly ransomware attack in May 2021 on Ireland’s public health system. The unusually candid post-mortem found that nearly two months elapsed between the initial intrusion and the launching of the ransomware.
Following a July 18 attack by the Rhysida ransomware group — believed to have Russian affiliations — Columbus is still reeling from the exposure of vast amounts of sensitive resident data. Cybersecurity awareness training helps staff recognize phishing scams , social engineering attempts, and other threats.
The Medusa ransomware operation hit over 300 organizations in critical infrastructure sectors in the United States until February 2025. The FBI, CISA, and MS-ISAC have issued a joint advisory detailing Medusa ransomware tactics, techniques, and indicators of compromise (IOCs) based on FBI investigations as recent as February 2025.
Chinese threat actors use Quad7 botnet in password-spray attacks FBI arrested former Disney World employee for hacking computer menus and mislabeling allergy info Sophos details five years of China-linked threat actors’ activity targeting network devices worldwide PTZOptics cameras zero-days actively exploited in the wild New LightSpy spyware (..)
Ransomware is the Cyber Pearl Harbor we’ve been waiting for all along. Ransomware is the new PCI. Some stats: At the time of this writing, Google News returns 7,460,000 results for the term Ransomware. According to Datto, Ransomware attacks are costing businesses more than $75 billion a year. It’s annoying 2.
A report from 2023 revealed that 67% of energy and utility companies faced ransomware attacks, with many incidents exploiting unpatched vulnerabilities. Conducting regular training sessions on recognizing phishing emails, avoiding suspicious downloads, and following cybersecurity protocols can build a resilient workforce.
One of the most concerning tactics currently on the rise is the ClickFix campaign — a sophisticated phishing scheme targeting unsuspecting Google Meet users. ClickFix campaigns represent a new wave of phishing tactics that emerged in May 2024, aimed at exploiting users of popular software applications. What Are ClickFix Campaigns?
Ransomware? Well, the stats are even scarier with over 50% increase in ransomware attacks in 2021, compared to 2020. The media paid close attention to ransomware attacks last year, as they had a significant impact on Colonial Pipeline, the nation’s largest fuel distributor, and JBS, the nation’s largest meat distributor.
What is backup? Simply put, backup is a copy of your files. Why backup? Backup enables you to keep your data accessible and secure. Data loss can also occur as a result of falling victim to ransomware, malware or phishing. Take control of your data through backup. There are a number of backup options.
Although cybercriminal activity throughout 2020 was as innovative as ever, some of the most noteworthy threat activity we saw came from the old familiar players, namely ransomware, business email compromise (BEC) and phishing. Ransomware. One of the newer trends we saw in ransomware was that of data extortion.
When the Institute for Security & Technology’s Ransomware Task Force published its report on combatting ransomware this spring, the Colonial Pipeline, JBS meatpacking and Kaseya VSA attacks were still around the corner. ” -Ransomware Task Force, IST. While many of these would fall to law enforcement, U.S.
The FBI and Australian Australian Cyber Security Centre (ACSC) warn of an ongoing Avaddon ransomware campaign targeting organizations worldwide. “The Australian Cyber Security Centre (ACSC) is aware an ongoing ransomware campaign utilising the Avaddon Ransomware malware. ” reads the alert published by ACSC.
“This can be hugely damaging in the event of ransomware attacks, where high privileges can enable the attackers to stop or destroy backups and other security tools,” Breen said. So do yourself a favor and backup before installing any patches.
Ransomware is undoubtedly one of the most unnerving phenomena in the cyber threat landscape. Related: What local government can do to repel ransomwareRansomware came into existence in 1989 as a primitive program dubbed the AIDS Trojan that was spreading via 5.25-inch inch diskettes. inch diskettes. FBI spoofs 2012 – 2013.
The FBI published a PIN alert warning of ransomware operators compromising third-party vendors and services for initial access to target environments. The FBI continues to observe ransomware operators abusing third-party vendors and services as an attack vector. ” reported the PIN.
Ransomware attacks are a growing menace. By recognising early warning indicators and addressing security gaps proactively, entities can prevent themselves from falling victim to ransomware. Despite awareness campaigns, many still fall prey to malicious links, such as phishing emails masquerading as communications from trusted entities.
As the ransomware epidemic continues to spread, ask yourself how vulnerable your business is to cyber-extortion. Because ransomware incidents can severely impact business processes and leave organizations without the data they need to operate and deliver mission-critical services. Do you backup your business data regularly?
For this post, we selected three private reports, namely those related to LockBit and phishing campaigns targeting businesses, and prepared excerpts from these. Phishing and a kit Recently we stumbled upon a Business Email Compromise (BEC) case, active since at least Q3 2022. Adopting the ransom note makes the least sense.
This year has seen ransomware groups adapt and innovate, pushing the boundaries of their malicious capabilities and evasiveness from law enforcement. The ransomware sector, in particular, has witnessed the emergence of “business models,” with ransomware-as-a-service (RaaS) dominating the scene.
The first signs of the ransomware attack at data storage vendor Spectra Logic were reports from a number of IT staffers about little things going wrong at the beginning of the day. Screens then started to display a ransom demand, which said files had been encrypted by the NetWalker ransomware virus. The ransom demand was $3.6
Ransomware attacks targeting governments, businesses, hospitals, and private individuals are rising. You are neither safe on your private nor public network, as ransomware can encrypt your files and hold them hostage. We will look at the features of some of the best ransomware protection that you can run on your systems.
First, we prepare a plan for the possibility, then when a ransomware attack occurs we execute the plan. To help, we break down the process into the following steps: How to Prepare for Ransomware. Ransomware Response. Simple Ransomware Recovery. How to Prepare for Ransomware. Ransomware Security.
Ransomware is wreaking havoc. Ransomware is making its way outside the cybersecurity space. Most people probably know what ransomware is (if not, go here ). Ransomware is now everyone’s problem – from governments to corporations and even individuals. Why is ransomware so dangerous, especially now? What can we do?
National Cyber Security Centre (NCSC) has issued an alert about a surge in ransomware attacks targeting education institutions. National Cyber Security Centre (NCSC), has issued an alert about a surge in ransomware attacks against education institutions. backup servers, network shares, servers, auditing devices).
Phishing scams, ransomware attacks, data breaches, and identity theft are part of a growing list of online dangers that are a daily reality. It combines multiple security capabilities into one easy-to-use package that includes: Antivirus protection Detects and neutralizes viruses, malware , spyware , and ransomware.
Michigan State University is the last victim of the NetWalker ransomware, attackers threaten to leak stolen files if it will not pay the ransom in seven days. Michigan State University hit by ransomware gang, NetWalker ransomware operators are threatening to leak stolen files if the university will not pay the ransom in seven days.
On September 25, newcomer ransomware group RansomedVC claimed to have successfully compromised the computer systems of entertainment giant Sony. It looks as if this is fall-out from the attack on Sony that was claimed by the Cl0p ransomware gang in June. How to avoid ransomware Block common forms of entry. Prevent intrusions.
Over the last few years, ransomware attacks have become one of the most prevalent and expensive forms of cybercrime. Today, this tactic has evolved, where ransomware operators in nearly every case first exfiltrate sensitive data and then threaten to publicly expose it if a ransom demand is not paid.
An infection has been found, a breach was discovered, or ransomware has disabled systems or made files unretrievable. Train your employees in security awareness, so they can recognize phishing attempts and know what they can and can’t do on company-issued hardware. Often security issues are just dealt with when the need arises.
Recently launched ransomware operation, named Rook, made headlines for its announcement claiming a desperate need a lot of money. New ransomware variant, "Rook Ransomware", found on VT practicing searches/hunting on my day off. “The ransomware attempts to terminate any process that may interfere with encryption.
In 2020, ransomware was the most widely-used method of delivering cyber attacks, accounting for 23% of security events handled by the IBM Security X-Force. A distant second to ransomware, the report says, was data theft (13%), followed by server access (10%). Ransomware is undeniably the top attack type,” according to the report.
The FBI published a flash alert to warn of the activity of the Ranzy Locker ransomware that had already compromised tens of US companies. The FBI published a flash alert to warn of Ranzy Locker ransomware operations that had already compromised at least 30 US companies this year. SecurityAffairs – hacking, Ranzy Locker ransomware).
Ransomware attacks generate big headlines when the targets are government entities, universities and healthcare organizations. But there’s one increasingly frequent target of ransomware attacks that tends to slip under the radar. This is why security awareness training with phishing simulations are increasingly important.
The US Federal Trade Commission (FTC) has shared guidance for small businesses on how to increase resilience to ransomware attacks. The US Federal Trade Commission (FTC) published guidance for small businesses on how to protect their networks from ransomware attacks. SecurityAffairs – hacking, ransomware). Pierluigi Paganini.
Ransomware continues to dominate the headlines. executives say ransomware currently poses a “major concern” to their organization. One of the top cyber threats currently affecting companies is called ‘phishing’, in which a threat actor poses as a legitimate business colleague but follows up with a ransomware attack.
An alert issued on September 22nd, 2021 by FBI and CISA on a joint note says that the Conti Ransomware has become super-active in recent months as their analysis showed that the said malware spreading gang was involved in over 400 attacks on companies operating in United States and abroad.
Ranzy Locker ransomware emerged in late 2020, when the variant began to target victims in the United States. Ranzy Locker is a successor of ThunderX and AKO ransomware. Ransomware-as-a-Service. The group behind Ranzy Locker is not very different in its business approach from other “big game” ransomware gangs.
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