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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19 Apr 2019

6 Takeaways from Ransomware Attacks in Q1

A new Coveware report based on data from the first quarter of 2019 highlights six interesting ransomware trends: Threat actors are demanding higher ransoms – the average ransom amount asked in incidents handled by Coveware was %12,762, a 89% increase over the last quarter of 2018, when the amount was $6,733.

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18 Apr 2019

Cyber-security firm Verint hit by ransomware

Anyone looking for proof that ransomware is a threat to any and every organization needs to look no further than the latest news regarding US cybersecurity firm Verint, because the company’s Israeli offices where the target of a ransomware attack earlier this week. That’s right, threat actors actually went after

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08 Apr 2019

Genesee County, Michigan Recovering from Ransomware Attack

Once again, a local government in the US has suffered a ransomware attack. Last Tuesday, Michigan’s Genesee County was hit, forcing the county to shut down their computer systems. Since officials were also no longer able to user their email, the county could only be reached by phone. While the

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02 Apr 2019

New York Albany Capital Hit by Ransomware Attack

Once again, a local US government has been at the receiving end of a ransomware attack. The City of Albany, the State of New York’s capital, was targeted on March 30. While little is known about the exact impact of the attack on the City’s systems or the type of

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