02 Feb 2021

Ransomware payments are going down as more victims decide not to pay up

The average ransom paid to cybercriminals after a ransomware attack is declining as more companies are reluctant to pay up, following government advice over the legality of sending money to threat actor groups behind the malware. Coveware, a cybersecurity company, conducted a study that found that the average ransom payment

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05 Jan 2021

Chinese APT Group Linked to Ransomware Attacks

Chinese threat actor group APT27 (also known as Emissary Panda) and Winnti have been identified as the culprit behind multiple ransomware attacks against firms last year. New research from Security Joes and Pro reveals how they found the threat actors behind the attacks after investigating an incident in which ransomware

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05 Jan 2021

Ransomware Surge Drives 45% Increase in Healthcare Cyber-Attacks

Over the past two months, Check Point security found that cyberattacks on global healthcare organizations increased at an alarming rate, almost double that of cyberattacks targeting other sectors. Check Point covered data from the beginning of November to the end of 2020, comparing it to the two previous months, September

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29 Dec 2020

Hackers Amp Up COVID-19 IP Theft Attacks

The Covid-19 pandemic has been used by cybercriminals to leverage public fear and lure victims into giving up personal information in BEC, phishing, and scam attacks since February. This trend slowed down months ago but has re-started as countries began to approve vaccines to be administered and fear levels resided.

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14 Dec 2020

Facebook Shutters Accounts Used in APT32 Cyberattacks

Facebook has now shut down accounts and pages operated by two threat actor groups utilizing the platform to spread malware and carry out phishing attacks. The two groups are known to be APT32 in Vietnam, and an unidentified malicious group based in Bangladesh. The social media giant stated that it

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03 Dec 2020

Cyberattacks Discovered on Vaccine Distribution Operations

The IBM cybersecurity division has found that a series of cyberattacks are targeting companies and government organizations pertaining to COVID-19 vaccine development, storage, and distribution. It is unclear whether the attackers are looking to steal technology for keeping vaccines before they are administered or to sabotage the operation. The Department

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03 Dec 2020

Think-Tanks Under Attack by Foreign APTs, CISA Warns

The Cybersecurity and Infrastructure Security Agency (CISA) and the FBI have issued a joint advisory warning of persistent cyberattacks targeting US think-tanks, with the goal of stealing intellectual property. The two agencies stated that they have witnessed an uptick in cyberattacks intentionally targeting think tanks, utilizing phishing and VPN exploit

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12 Nov 2020

Czech Intel Report Targets Russian, Chinese Spies

A recent report published by the Czech Republic’s chief intelligence agency, the Security Information Service (BIS) claims that Russian and Chinese spies have been executing cyberattacks, seeking to steal valuable information. The Czech Republic alleges that the operations pose an imminent threat to their national security. The report also details

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03 Nov 2020

BEC attacks increase in most industries, invoice and payment fraud rise by 155%

A recent report published by Abnormal Security found that BEC attacks have increased across most industries, accompanied by drastic upticks in invoice and payment fraud attacks. Abnormal Security investigated BEC attacks across retail/consumer goods and manufacturing, technology, energy/infrastructure, services, medical, media, finance, and hospitality sectors. The security firm found that

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29 Oct 2020

Education Sector Facing Disproportionate Level of Spear-Phishing Attacks

A new study conducted by Barracuda Networks has found that educational institutions are disproportionately targeted by spear-phishing attacks when compared to their counterparts across other industries. The new Threat Spotlight analysis concludes that between June and September of 2020, over 1,000 educational facilities faced over 3.5 million spear-phishing attacks. Barracuda

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