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Ransomware and Data Breaches: Impacts Continue to Grow Louder

Lohrman on Security

Reports from cybersecurity companies in 2023 show mixed trends regarding the number of global data breaches, ransomware attacks, records affected and government costs. But one thing is clear: Cyber attack impacts steadily grow.

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Ransomware Surge: 1 in 10 Organizations Targeted Globally in 2023

Penetration Testing

In 2023, the world faced an unprecedented surge in cyber threats, a storm that Check Point Research’s analysis has vividly captured. The year marked a new high in cyber attacks, with a 1% increase... The post Ransomware Surge: 1 in 10 Organizations Targeted Globally in 2023 appeared first on Penetration Testing.

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Australia to issue ban on ransomware payments after Latitude Financial Cyber Attack

CyberSecurity Insiders

The Australian government is set to issue a complete ban on ransomware payments after one of its major financial lenders became the target of a massive file-encrypting malware attack on March 16th this year. Technically, transactions related to digital cryptocurrencies like Bitcoin and Monero are anonymous and therefore hard to ban.

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Reading Mandiant M-Trends 2023

Anton on Security

The famous Mandiant 2023 M-Trends (NOT G-Trends, mind you…) report is out, and here are some of the things that I found to be surprising and NOT surprising :-) Mandiant M-Trends 2023 Detection by Source SURPRISING “Mandiant experts note a decrease in the percentage of global intrusions involving ransomware between 2021 and 2022.

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List of victimized companies of MOVEit Cyber Attack

CyberSecurity Insiders

Ernst and Young NOTE- Microsoft has confirmed the presence of Clop ransomware suspects, linked to Russian intelligence behind the incident and reaffirmed that health organizations and financial institutions could be the next target of the notorious file encrypting malware spreading gang that is into double extortion.

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Western Digital shuts systems due to Cyber Attack

CyberSecurity Insiders

A cyber attack launched and identified on March 26th of this year has triggered the incident response teams of Western Digital (WD) to take appropriate steps to mitigate the cyber risks of the incident. However, it assured to the media that it will reveal more of the cyber incident details after the probe gets done.

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2023 Predictions for Storage and Backup Ransomware

CyberSecurity Insiders

Organizations are being confronted on all sides by cyber-danger. Here are our top 4 predictions on how this will play out in 2023: More Data Attacks, Greater Sophistication, Bigger Monetary Losses. Similarly in cybersecurity, enterprises typically proof themselves up against last year’s strategies and attack vectors.

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