09 May 2019

Securing satellites: The new space race

It has never been cheaper to launch a satellite into orbit. As a result, companies like Amazon, SpaceX and OneWeb have launched competing projects in order to join the new “space race”. Amazon for example wants to put a “constellation” of 3,236 satellites in low Earth orbit as part of

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08 May 2019

Local Authorities in Texas and Maryland Hit by Ransomware

In separate incidents, two local governments in the US were hit by ransomware in recent weeks. On April 22, Potter County, Texas experienced a ransomware attack shut down its entire network, forcing employees to perform their tasks using pencil and paper. While the effects of the infection only became noticeable

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07 May 2019

Matrix-Themed Ransomware Spikes in May

Security researchers with Sophos have uncovered a highly targeted ransomware campaign hitting enterprise networks across North America and Europe. The campaign uses a new type of ransomware called MegaCortex that contains many references to the 1999 science fiction film The Matrix. Since February, Sophos has detected 76 MegaCortex attacks, but

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29 Apr 2019

Ransomware Hits Yet Another U.S. Airport

In the latest example of the growing cyber threat to critical infrastructure, Cleveland Hopkins International Airport was hit by a ransomware attack last week. The ransomware disrupted the airport’s systems used for email, payroll and digital records. In addition, most screens around the airport that are used for digital signage

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29 Apr 2019

Security Pros Feel Aligned with Board, Still Fear a Phish

A recent report[pdf] by AT&T Cybersecurity shows that an increasing number of security professionals feel they are on the same page with the stakeholders, although the situation at larger organizations tends to be more harmonious than at small to mid-sized businesses (SMBs). Over a quarter (26%) of securty experts at

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26 Apr 2019

Over 500% Increase in Ransomware Attacks Against Businesses

Malwarebytes’ latest quarterly report on cybercrime shows that crooks are increasingly targeting businesses. The company registered a 24% drop in cyber attacks against consumers in the first quarter of 2019, but saw threats affecting companies jump by 235%. The report also shows that more and more threat actors are embracing

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26 Apr 2019

Most SMBs would pay a hacker a ransom to get their stolen data back

A new AppRiver report shows that a majority (55%) of small-to-medium-sized companies (SMBs) are willing to meet the demands of threat actors in case of a ransomware attack if this means that they regain access to their data. Larger SMBs are most likely to pay up, with about three in

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25 Apr 2019

The key challenges and contradictions that frustrate security professionals

A new Glasswall survey shows that while many security leaders depend on staff to keep the company safe, they are very worried about how those same employees may actually pose a threat to the firm. 40% of senior security professionals fully rely on staff as the last line of defense

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24 Apr 2019

City of Stuart Still Recovering from Ryuk Ransomware Attack

Once again a local US government has suffered a cyberattack involving the notorious Ryuk ransomware. The City of Stuart, Florida was hit on April 13 when Ryuk infected its computers and servers, probably after a city employee fell for a phishing email. While Stuart has managed to restore various services

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22 Apr 2019

WannaCry Hero Marcus Hutchins Pleads Guilty To Creating Banking Malware

Marcus Hutchins, a British security researcher who helped to stop the 2017 global WannaCry ransomware attack by triggering the malware’s kill switch, has pleaded guilty to entering a conspiracy to create and distribute malware, and to aiding and abetting the distribution of malware. A further eight charges have been dropped

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