Putting everything else aside, there’s one thing you can’t deny about ransomware: It’s good business. After all, what would most businesses do for a 56% conversion rate? How about 56% on a $300,000 product? Ransomware, at least in the modern sense, is only about seven years old. Yet it’s already a multi-billion-dollar problem, for everyone ...
1. After Paying Off The First Ransomware Demand, Most Firms Face A Second Ransomware Attack Security experts discovered that ransomware attackers deploy secondary ransomware attacks against firms that pay off initial ransom demands. After paying off a ransom demand, firms often receive a decryptor for their hijacked systems. However, most attackers corrupt hijacked systems by ...
1. Chinese Threat Actors Target New York’s MTA Chinese-sponsored threat actors leveraged Pulse Secure vulnerabilities to compromise systems belonging to the New York Metropolitan Transportation Authority (MTA). It is unclear why state-sponsored actors targeted the MTA. Still, security experts investigating the case speculate that China may be trying to obtain sensitive information on U.S. transit ...
Former US Cyber Czar Richard A. Clarke Joins Right Side Capital Management and Cybersecurity Industry Luminaries in Seed Round Plano, Texas – June 8th, 2021 – Aiden Technologies, a leading solutions provider of software deployment and patch management solutions for Microsoft Windows, today announced that the company has raised $2.9 million in its seed ...
1. Security researchers reveal stealthy techniques to bypass antivirus tools and ransomware defenses Security researchers discovered significant vulnerabilities in popular antivirus tools, which could be exploited to deactivate protective mechanisms to launch ransomware attacks and other malicious operations. According to said researchers, of the 29 antivirus tools evaluated, 14 were found susceptible to the 'Ghost ...
(Zero) Trust What effect does trust have in cybersecurity? To understand, we might consider what happened in late March, 1999, when millions of people received emails from their friends, family and coworkers. In each case, the format was the same. Title: “Important Message from [Name of Sender].” Message: “Here is that document you asked ...
1. Congress introduced two bills in the wake of the Colonial Pipeline ransomware attack Following the recent ransomware attack against Colonial Pipeline, which caused gas shortages in several states, the U.S. Congress introduced two bipartisan bills designed to mitigate cybersecurity weaknesses across the nation’s critical infrastructure, including the oil and gas sector. The first congressional ...
1. A New and Lethal Banking Trojan, TeaBot, Wreaks Havoc For European Financial Institutions Cybersecurity experts warn users of a new Android Trojan currently being exploited in the wild against banks and other financial institutions in the Netherlands, Spain, Belgium, and Italy. This trojan is called ‘TeaBot’ (or Anatsa), and it is used to hijack ...
Real-world advice on covering the fundamentals of IT security with upper management, and how automation and AI have a crucial role to play in reducing cybersecurity risk.
Cring ransomware targets customers of hacked companies, Fortinet vulnerabilities expose US cyber operations, Rust leaks data & EU commission hacked