Ransomware groups continued to target industrial organizations and infrastructures and disrupt operational technology (OT) operations in the second quarter of 2022, according to industrial cybersecurity firm Dragos, Inc. In May of 2022, electronics manufacturer Foxconn was hit by Lockbit 2.0 ransomware, resulting in over 1,200 servers in one of the company’s factories in Mexico becoming […]
Ransomware hackers have stolen over 30 terabytes (TB) of personal and other sensitive data throughout more than 300 attacks in 2022, according to researchers at Atlas VPN. The team analyzed 623 ransomware incidents across the EU, the United Kingdom and the United States for a reporting period from May 2021 to June 2022. In January, […]
Updating systems and patching security vulnerabilities has always been a key part of the job for any IT or security professional, but a new report from cybersecurity giant Palo Alto Networks sheds new light on just how quickly threat actors are leveraging new vulnerabilities. The Santa Clara, Calif.-based security software provider’s Unit 42 Incident Response […]
As virtually every industry sector is reporting an increase in cyberattacks and ransomware, the education sector remains one of the hardest hit of late, with recovery costs and timelines outpacing global averages, according to a new report from cybersecurity software provider Sophos. The company’s survey of 5,600 IT professionals in higher education and K-12 across […]
Despite increased law enforcement pressure on the ransomware industry and an IT community that has never been more aware of the ransomware threat, ransomware detections had already doubled the total number of detections for all of 2021 in just the first quarter, according to a new report from WatchGuard Technologies. The cybersecurity firm’s researchers say […]
The subscription economy adopted by the software industry is growing ransomware from what was once a fledgling threat to an IT security crisis as ransomware groups continue to pad their wallets and grow the ransomware-as-a-service economy, according to a new report from Tenable. According to the Maryland-based vulnerability management software company, that service model is […]
Security software and services provider BlackBerry Limited unveiled a new zero trust network access (ZTNA) as-service with CylanceGATEWAY. The new service is designed to securely enable remote workers and prevent malicious threat actors from compromising corporate networks using advanced AI-driven cybersecurity. Available to customers globally from July 2022, CylanceGATEWAY will provide businesses of all sizes […]
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 […]
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