In 2021 alone, the healthcare industry saw a 123% increase in ransomware attacks and sensitive data breaches likely as a result of the pandemic. It is of no surprise that cyberattacks have only continued to escalate and intensify across healthcare institutions – further destabilizing the medical field, adding to concerns among patients, and creating more […]
A report by insurance broker Marsh and tech giant Microsoft looks at how cyber risk is viewed by various functions and leaders within organizations, specifically cybersecurity and IT, risk management and insurance, finance and executive leadership. While all functions have common interests around cyber risks, the report finds that they often act independently. All departments […]
Ransomware will continue to disrupt operational technology (OT) environments amid the Russian invasion of Ukraine, according to the latest research from industrial cybersecurity firm Dragos. Researchers analyzed ransomware variants targeting industrial organizations worldwide and tracked ransomware information via public reports, and information uploaded or appearing on dark web resources. Dragos’ findings suggest even though the […]
Despite a global focus on cybersecurity, increased pressure from law enforcement on cybercrime groups and a software industry that continues to rapidly innovate to solve security issues, ransomware continues its upward trajectory, rising as much in one year as it has over the past five years combined, according to Verizon’s 2022 Data Breach Investigations Report. […]
Nearly 80% of medium and large organizations across North America and Western Europe have had to trigger a disaster recovery response within the last 12 months due to cyberattacks and other disasters, according to new research from Boston-based disaster recovery software provider Zerto. The research, “The state of Ransomware and Disaster Preparedness: 2022,” suggests that […]
Red Canary, the Denver-based managed detection and response (MDR) provider performed an analysis of emerging and significant trends that its cybersecurity team encountered over the past year. Its annual 2022 Threat Detection Report covers the most prominent trends of 2021 and shows major themes that may prelude into 2022. Last year, ransomware groups (Sodinokibi/REvil, BlackMatter, […]
An alarming new report from U.K.-based cybersecurity company Sophos finds that both the amount of organizations hit with ransomware and the ransom paid are drastically increasing, with the average ransomware payment now not far off from reaching seven figures. The company’s State of Ransomware 2022 report, the results of a survey of 5,600 IT professionals […]
Microsoft 365 Defender Threat Intelligence Team has released details and a warning about the ZLoader Trojan. The ZLoader trojan, known for its ability to evolve and change from campaign-to-campaign, is said to be derived from the Zeus banking trojan first discovered in 2007. Microsoft says ZLoader is an attacker’s tool of choice— it has defense […]
Gaps in readiness are impacting the ability of many organizations to manage and recover from ransomware attacks, according to research by Zerto, a Boston-based cloud data management and protection platform. This gap poses a risk to mitigation strategies presented by widespread skills shortages and over-reliance on internal resources. One of the best protections against a […]
For IT and cybersecurity professionals, ransomware has been the scourge of the earth over the last two years, as the cybercrime economy continues to grow and beat system administrators and network defense pros to the point of attack. One reason for the difficulty in preventing and responding to ransomware attacks is the speed with which […]
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