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2024 Thales Global Data ThreatReport: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. Looking at FinServ firms’ top threats, ransomware attacks against this sector continue to grow, with 18% saying they had suffered an attack.
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. Here are some of the findings from the report. Ransomware.
US authorities have issued a joint advisory warning of North Korea-linked APTs using Maui ransomware in attacks against the Healthcare sector. Treasury Department issued a joint advisory that warn of North-Korea-linked threat actors using Maui ransomware in attacks aimed at organizations in the Healthcare sector.
DoJ seized $500,000 worth of Bitcoin from North Korea-linked threat actors who are behind the Maui ransomware. Department of Justice (DoJ) has seized $500,000 worth of Bitcoin from North Korean threat actors who used the Maui ransomware to target several organizations worldwide.
Thales 2023 Data ThreatReport: Sovereignty, Transformation, and Global Challenges madhav Tue, 05/09/2023 - 05:30 Despite the economic and geopolitical instability in 2022, enterprises continued to invest in their operations and digital transformation. This article highlights the key findings of the report.
The FBI and CISA issued a joint cybersecurity advisory to warn organizations to remain vigilant against ransomware attacks during weekends or holidays. The FBI and CISA warn organizations to keep high their defenses against ransomware attacks during weekends or holidays. ” reads the advisory published by CISA.
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. The feasibility of encryption and effectiveness of the compensating controls shall be reviewed by the CISO at least annually.
The ransomware attacks that make headlines and steer conversations among cybersecurity professionals usually involve major ransoms, huge corporations and notorious hacking groups. Kia Motors, Accenture, Acer, JBS…these companies were some of the largest to be compromised by ransomware in 2021.
Virtual machines are becoming an increasingly popular avenue cybercriminals are taking to distribute their ransomware payloads onto compromised corporate networks. Security analysts at Sophos’ Managed Threat Response unit last year detailed some campaigns that used VMs to hide their malicious payloads. ” A Growing Trend.
Key Takeaways from the Thales Data ThreatReport: EME Edition madhav Tue, 09/24/2024 - 05:23 Organizations in the Europe and Middle East (EME) region face significant challenges. The threat landscape is increasingly complex, regulatory requirements are becoming more stringent, and the economic environment remains uncertain.
Navigating the Multicloud Maze: Insights from the Thales Data ThreatReport, Healthcare Edition madhav Wed, 10/25/2023 - 04:39 In the ever-evolving landscape of data security, the healthcare industry stands at a critical juncture. However, while sensitive data is on the rise, encryption practices still have room for improvement.
Since the beginning of the year, security firms observed a new intense ransomware campaign spreading the Shade ransomware. Between January and February, a new, intense, ransomware campaign has been observed by many security firms. Trend of malicious JavaScript downloading Shade ransomware (source: ESET).
A host of threats continue to put enterprise data at risk. In fact, according to the 2024 Thales Data ThreatReport , more than 80% of organizations reported at least one breach in the last year, while ransomware attacks grew more frequent, with 28% of organizations reported experiencing an attack in 2024, compared to 22% in 2023.
Key Takeaways from the Thales Data ThreatReport: EME Edition madhav Tue, 09/24/2024 - 05:23 Organizations in the Europe and Middle East (EME) region face significant challenges. The threat landscape is increasingly complex, regulatory requirements are becoming more stringent, and the economic environment remains uncertain.
The 2022 Thales Data ThreatReport, based on data from a survey of almost 2,800 respondents from 17 countries across the globe, illustrates these trends and changes. Malware and accidental human error are the biggest security threats. Ransomware ranked second (53%) and phishing finished in the top three (40%).
The National Cyber Security Centre (NCSC) of UK has issued a warning to all law firms operating in Britain and European Union to step-up their security capabilities against ongoing ransomware attacks- some funded and propelled by adversaries. But was disclosed to the world by the hackers.
Editors note: This report was authored by Kimberley Bromley, Hayden Evans, and Joseph Keyes. Today, were proud to present the ReliaQuest Annual Cyber-ThreatReport: 2025. Now in its third year, this report offers a close look at the top cyber threats our customers faced throughout 2024.
Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. The 2022 SonicWall Cyber ThreatReport found that all types of cyberattacks increased in 2021. Encryptedthreats spiked 167%, ransomware increased 105%, and 5.4 Ransomware. Mobile attacks.
The Pain of Double Extortion Ransomware divya Thu, 02/16/2023 - 06:10 Ransomware perpetrators are adopting more sophisticated attack techniques with much success. Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups.
Cybercriminals and fraudsters have become innovative enough to exploit the expanding attack surface of financial institutions and turn risks into threats. The Report highlights the critical areas of concern that banking and financial executives must invest in to minimize the potential and impact of fraud and cybercrime.
Ransomware Attacks: The Constant and Evolving Cybersecurity Threat madhav Tue, 03/12/2024 - 13:00 Enterprise data collection is skyrocketing, driven by factors like connected devices, cloud computing, personal data collection and digital transactions. Ransomware remains a constant and chilling threat.
Attackers are no longer focusing solely on credit data, but target rich amounts of sensitive personal data on retailer’s systems or introduce ransomware for a quick payout that doesn’t even require data exfiltration. Human errors, malware and ransomwarethreats make a bad recipe. Complexity is another problem. Data Security.
Threats abound in 2021. In 2021, we witnessed so many competing shifts, many of which we detailed early on in our 2021 BrightCloud® ThreatReport. Ransomware. Earlier in 2021, we detailed the hidden costs of ransomware in our eBook. The evolution of ransomware as a service (RaaS) has vastly proliferated.
Unfaithful HackerOne employee steals bug reports to claim additional bounties ThreatReport Portugal: Q2 2022 CISA orders federal agencies to patch CVE-2022-26925 by July 22 Tens of Jenkins plugins are affected by zero-day vulnerabilities Microsoft: Raspberry Robin worm already infected hundreds of networks. Upgrade it now!
If your business is taking an ‘encrypt everything’ approach, data discovery with risk analysis will help prioritize where to deploy data security solutions first. Encrypt all sensitive data. In addition, most data breach notification regulations don’t apply to compromised encrypted data. Understand the risks related to data.
WordPress sites using the Ultimate Member plugin are under attack LockBit gang demands a $70 million ransom to the semiconductor manufacturing giant TSMC Avast released a free decryptor for the Windows version of the Akira ransomware Iran-linked Charming Kitten APT enhanced its POWERSTAR Backdoor miniOrange’s WordPress Social Login and Register plugin (..)
Ransomware Readiness Ransomware, whether we like it or not, isn’t going anywhere any time soon. With this in mind, we recently unveiled our newest solution, CipherTrust Transparent EncryptionRansomware Protection (CTE-RWP), at this year’s RSA Conference. And yet so many organizations are still not prepared.
Fortunately, vendor surveys identify five key cybersecurity threats to watch for in 2024: compromised credentials, attacks on infrastructure, organized and advanced adversaries, ransomware, and uncontrolled devices. Read on for more details on these threats or jump down to see the linked vendor reports. globally, +19.8%
There’s a very tough question on the table that no one can afford to ignore: If more than half of global IT and security executives say they actively fear the exposure of payment card data and other personal identifiable information, why are 70% of them not deploying measures such as encryption to maintain security?
As the threatreports Webroot produces each year have shown — not to mention the increasing number of major hacks in the headlines — threats keep evolving, and their growth is often exponential. .” – Matt Seeley, sr. Recent trends in ransomware back up these insights. How IT will Prevail in 2021.
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. The feasibility of encryption and effectiveness of the compensating controls shall be reviewed by the CISO at least annually.
Today, at the dawn of the 4th industrial revolution, manufacturers of all kinds are a tempting and vulnerable high-value target for threat actors because of their high intrinsic worth and the dangers of economic harm from supply chain disruptions. Survey’s key findings. The challenge to protect sensitive data. Conclusions.
Whether you prioritize cybersecurity or not, cybercriminals will always prioritize (their own) profit, as the attacks described in our 2021 ThreatReport prove. Tipping the scale favorably. Under these circumstances, it’s crucial to understand that MSS can truly help you tip the scales in your favor.
From supply chain breaches to ransomware organizations continue to struggle with how to avoid becoming an eventual statistic of being attacked. Ransomware. Ransomware, as projected would continue to be a leading way for bad actors to leverage control and data to monetize hacking organizations.
In the past six weeks we have had two clients hit with ransomware. Backups saved us from a ransomware attack. “I was able to use a backup to restore all my client’s data after a ransomware attack. We were encrypting the hard drives, so we didn’t lose any data to the wild as the encryption couldn’t be cracked.
A host of threats continue to put enterprise data at risk. In fact, according to the 2024 Thales Data ThreatReport , more than 80% of organizations reported at least one breach in the last year, while ransomware attacks grew more frequent, with 28% of organizations reported experiencing an attack in 2024, compared to 22% in 2023.
On July 7, CISA issued an alert, “ North Korean State-Sponsored Cyber Actors Use Maui Ransomware To Target the Healthcare and Public Health Sector “, based on a Stairwell report about Maui ransomware. You can read our public report on Andariel’s use of DTrack and Maui here. The most remarkable findings.
ransomware). According to the global edition of the Thales 2020 Data ThreatReport , 47% of healthcare organizations are either aggressively disrupting their market or are embedding digital capabilities that enable greater agility. These tools include smart technology-oriented solutions like encryption and tokenization.
Anonymous breached the internal network of Belarusian railways Feb 7- Feb 27 Ukraine – Russia the silent cyber conflict Ukraine: Volunteer IT Army is going to hit tens of Russian targets from this list Chipmaker giant Nvidia hit by a ransomware attack Fileless SockDetour backdoor targets U.S.-based Are both linked to Evil Corp?
The 2022 Thales Data ThreatReport, Financial Services Edition, outlines the challenges financial services organizations face securing sensitive data and provides guidance around reducing the risk of attacks such as ransomware, malware, phishing, and denial of service. Malware and ransomware attacks increase.
MGM New Bombay Hospital was victimized by a ransomware attack in July, resulting in the loss of more than two weeks’ worth of data. Another recent ransomware incident involved Hong Kong’s Department of Health, although, in this case it appears that no data was leaked.
The impersonated emails might contain annoying SPAM, but more often the phishing email will deliver more dangerous payloads that lead to stolen credentials, business email compromise (BEC) attacks, or ransomware attacks. Meanwhile, the company being impersonated has no financial incentive to change their behavior.
Just as you wouldn't feel comfortable if a shop left your credit card information on a sticky note, PCI DSS ensures that businesses treat your payment data with extra care, keeping it encrypted, well-protected, and out of reach from anyone who shouldn't have access to it. PCI compliance made easy. Thales Top PCI DSS 4.0 Thales Top PCI DSS 4.0
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