Time was when any ransomware incident would spark a lively press and public reaction. Fast forward to the present, and the word “ransomware” in a headline doesn’t generate nearly as much interest: such attacks have become commonplace. Nonetheless, they continue to pose a grave threat to cor...
The prevalence of ransomware attacks is further fueled by the adoption of new technology to automate attacks. Inspired by the implementation efficiencies of the Business as a Service (BaaS) model, hackers have created their own variation known asRansomware-as-a-Service (Raas). ...
Ransomware isone of the most dangerous malware attacksas attackers might not give the victim the decryption key, even after the victim has paid the ransom. Hence, it can be quite complex to regain access to your device or data after a ransomware attack. How Can You Prevent Ransomware Attacks?
Cybersecurity firms such as Sophos and Dragos report that two-thirds of manufacturing organisations experienced ransomware attacks in 2023, with average ransom payments reaching US$2.4m. However major cloud providers like Amazon Web Services and Microsoft Azure focus on mitigating these threats, while c...
MGM Resorts suffered aransomware attackin September, leading to considerable customer disruptions and financial losses despite not yielding to ransom demands. But here are the top 3biggest cyber attacksand most significantdata breaches of 2023.
Then, by posing as a Magellan client in a phishing attack, the hackers gained access to a single corporate server and implemented their ransomware. Included in the breached data was patient social security numbers, W-2 information and employee ID numbers. 66. Nintendo Data Breach Date: April ...
Banks, investment, and insurance firms can expect ransomware, DDoS, compliance, and AI to be their top risks.
zero days in 2023, some attacks had bigger and more devastating impacts than others.Zero dayswere used in everything from commercial spyware products and cyber espionage campaigns to data extortion and ransomware attacks. Here are 10 of the biggest zero-day attacks of 2023 in chronological order....
Dhakad further explained, “According to our data, we found that COVID-19 themed threats are mostly retreads of existing attacks that have been slightly altered to tie to the pandemic. This means that attackers have been pivoting their existing infrastructure, like ransomware, phishing, and other...
1. Ransomware attacks Ransomware remains one of the most severe threats facing the industrial sector today. Cybercriminals are employing advanced techniques such as double and triple extortion, in which organizations are threatened with the leak of portions of sensitive data. More than four in five ...