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Continuing our look back at 2024, part two of Last Watchdogs year-ender roundtable turns its focus to emerging threats vs. evolving defense tactics. Part two of a four-part series The explosion of AI-driven phishing, insider threats, and business logic abuse has forced a shift toward more proactive, AI-enhanced defenses.
The July 2024ransomware attack that hit the City of Columbus, Ohio, exposed the personal and financial data of 500,000 individuals. On July 18, 2024, the City of Columbus, Ohio, suffered a cyber attack that impacted the City’s services. The gang claimed they had stolen databases containing 6.5
In a surprising move related to international cybercrime, Russian authorities have charged Mikhail Matveev, also known as "Wazawaka," with creating ransomware to extort commercial organizations, according to Russian media outlet RIA. His alleged exploits include: The 2021 attack on Washington, D.C.'s Multiple attacks on critical U.S.
The FBI, CISA, and MS-ISAC have issued a joint cybersecurity advisory warning organizations about Ghost (Cring) ransomware, a sophisticated cyberthreat that has been compromising critical infrastructure, businesses, and government entities worldwide.
22, 2024, CyberNewswire — INE Security offers essential advice to protect digital assets and enhance security. As small businesses increasingly depend on digital technologies to operate and grow, the risks associated with cyberthreats also escalate. Cary, NC, Oct.
Ransomware Activity Targeting the Construction Sector Ransomware remains the biggest threat to the sector, as demonstrated by the 41% rise in organizations appearing on data-leak sites over the past year.
The FBI's Internet Crime Complaint Center (IC3) has released its 2024 Internet Crime Report, marking a record-breaking year in cybercrime. billion in reported losses, a 33% increase from 2023, underscoring the escalating threat landscape faced by individuals and organizations alike. The report highlights a staggering $16.6
“Operation Serengeti (2 September – 31 October) targeted criminals behind ransomware, business email compromise (BEC), digital extortion and online scams – all identified as prominent threats in the 2024 Africa CyberThreat Assessment Report.” Kenyan authorities uncovered an $8.6M
A ransomware attack against the City of Columbus, Ohio—which drew public scrutiny following the city government’s attempt to silence a researcher who told the public about the attack—has received a little more detail from an unexpected source: The Attorney General for the state of Maine.
Ransomware groups are actively exploiting a critical vulnerability in SimpleHelp RMM software. CVE-2024-57727 impacts versions 5.5.7 Risk Level Read Time “What’s happening with SimpleHelp and CVE-2024-57727?” Risk Level Read Time “What’s happening with SimpleHelp and CVE-2024-57727?” and earlier). and earlier).
Between September 1, 2024, and February 28, 2025, threat actors ramped up efforts to exploit this sector through spearphishing, impersonation campaigns, ransomware, and vulnerabilities in external remote services. One ransomware group, Akira, has demonstrated a specific focus on casinos.
CISA adds Palo Alto Networks Expedition bugs to its Known Exploited Vulnerabilities catalog Hackers target critical flaw CVE-2024-10914 in EOL D-Link NAS Devices China-linked threat actors compromised multiple telecos and spied on a limited number of U.S.
The CrowdStrike incident in 2024 was a stark reminder how it could bring major day-to-day activities to a halt. A 2022 PwC study found that 59% of directors admitted their board is not very effective in understanding the drivers and impacts of cyber risks for their organization, emphasizing the critical role of board members in these moments.
To wrap up our 2024 year-end roundtable, we turn our attention to new technologies and trends that are emerging to help bridge the gaps. Shoshani Or Shoshani , CEO, Stream Security In 2024, 65% of breaches involved cloud data, highlighting a critical gap in cloud security.
Were thrilled to unveil our latest threat landscape report for the finance and insurance sector, offering in-depth analysis of the evolving cyberthreats facing this industry. These methods enable unauthorized access, credential theft, and ransomware deployment, severely disrupting operations and eroding customer trust.
UK Warned of Inadequate Readiness Against State-Backed Cyberattacks Cybersecurity experts have sounded the alarm over the UK's growing vulnerability to state-sponsored cyberthreats. A recent report by the National Cyber Security Centre (NCSC) shows a 16% increase in severe cyber incidents affecting national infrastructure in 2024.
billion in 2024 and is projected to reach $82.90 Healthcare cybersecurity demand will be driven by ransomware resilience needs, FDA mandates for medical devices, and AI-powered threat detection," notes the Astute Analytica report. billion by 2033 signals a nearly fourfold increase from 2024.
Cybercriminal activity is reaching unprecedented levels, with 2024 witnessing a dramatic surge in malware-fueled attacks that have left organizations scrambling to safeguard their data. billion credentials stolen in 2024. This surge enabled the theft of 2.1 billion credentials, accounting for roughly 75% of the total 3.2
Dream, an AI cybersecurity startup, has raised $100 million in a Series B funding round led by Bain Capital Ventures to bolster its mission of defending nations and critical infrastructure from cyberthreats. CLM leverages AI-trained models designed for cyber operations. led to widespread fuel shortages across the East Coast.
Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. Despite a slowdown in “LockBit” ransomware activity due to law enforcement actions and a loss of affiliate trust, it remains a key player. Our latest investigation revealed the same trend.
As cyberthreats escalate, the demand for skilled professionals in cybersecurity is skyrocketing. You may also want to read about: Cybersecurity vs Software Engineering in 2024 The Global Rise of CyberThreats In the past decade, cyberthreats have grown in frequency, complexity, and impact.
Most aviation processes are heavily digitized, and in the wake of new cyberthreats, airlines and the broader sector must prioritize cybersecurity more than ever before. Ransomware is especially prevalent, with 55% of civil aviation cyber decision-makers admitting to being victims in the past 12 months.
MasterCard's September 2024 acquisition of Recorded Future for $2.65 Recorded Future is well-regarded for its AI-driven threat intelligence capabilities, which leverage massive amounts of data to predict, identify, and mitigate threats before they escalate. So, what changed?
The Honourable David McGuinty, Minister of Public Safety, on February 6th unveiled Canada's National Cyber Security Strategy (NCSS), a long-term plan to protect Canadians, businesses, and critical infrastructure from an increasingly complex cyberthreat landscape. The immediate knee jerk reaction to this is, FINALLY!"
But one of the most high-profile cyberattacks in 2024 was against Krispy Kreme. What happened: the holes in the doughnut chain's security On November 29, 2024, Krispy Kreme detected unauthorized activity within a portion of its IT systems. Is nothing sacred anymore, when even our doughnuts aren't safe?
Key Findings 2024 was the year cyberthreats got quicker. Cyber attackers really picked up the pace, executing faster, more efficient breaches that pushed traditional defenses to their limits. Buyers of these credentials include ransomware affiliates, un-affiliated threat actors, and IABs.
And get the latest on ransomware trends and on cybercrime legislation and prevention! For more information about the threat from quantum computing: Is Quantum Computing a Cybersecurity Threat? The 5,263 ransomware attacks observed by NCC Group in 2024 were the most since it started monitoring them in 2021.
The records are being linked to the same ones compromised by cybercriminals in a data breach that AT&T announced in July of 2024. Collectively, they could easily put affected customers at risk for account takeovers and identity theft. million existing AT&T subscribers and 65.4 million former account holders.
But the big one -- CVE-2024-51978 -- can't be fixed on any device already sitting in your home or office. CVE-2024-51978 carries a CVSS score of 9.8 The one remaining sore spot -- CVE-2024-51978 -- can't be patched retroactively. Of those eight flaws, seven can be fully patched with firmware updates.
During the Ignite 2024 conference, Microsoft announced the Windows Resiliency Initiative to address these security concerns. With cyberattacks on operating systems, applications, and networks becoming more sophisticated, the tech giant formulated a strategy to enhance the protection of Windows systems, focusing strongly on phishing attacks.
Cyberthreats dont care how big or small your business is theyre always lurking. In fact, IBM reported that the average global cost of a data breach in 2024 was over $4.8 This problem only grows further when the primary motivation for attacks were financially motivated, with 62% of breaches being due to ransomware or extortion.
Perhaps there is no greater threat potential than the agricultural sector, which has emerged as a vulnerable yet often overlooked domain. The Farm and Food Cybersecurity Act will make tremendous strides to protect our nation's food supply from the imminent cyberthreats that the ag sector experiences here at home."
Department of Homeland Security's Homeland Threat Assessment 2025 warns that adversaries "almost certainly" view critical infrastructure as the most effective coercive lever they can pull short of open war. There has been a record vulnerability growth in unmanaged IoT sensors and medical devices , giving adversaries millions of new footholds.
Not by visible enemies, but by a wave of cyberthreats. In 2024, the National Cyber Security Centre reported a 16% increase in serious attacks impacting national security. The UK Government’s Cyber Security Breaches Survey 2024 revealed that 50% of businesses and 32% of charities experienced breaches last year.
Mandiant, which was acquired by Google Cloud in 2022, paints a picture of global cyberthreats from last year in order to help readers be better prepared this year.
As an exhibitor that engaged with both frontline practitioners and top-level decision makers, INE Security gained firsthand insights into organizations’ most pressing security challenges: the convergence of AI-driven threats, multi-cloud vulnerabilities, and increasingly sophisticated attack vectors.
Notably, 2024 was unprecedentedly precarious with the second largest in history National Public Data breach and the biggest healthcare data breach to date with the massive attack on Change Healthcare. officials began seriously discussing the creation of a military Cyber Force dedicated to thwarting cyberattacks. Canada, and the U.K.,
DoJ charges 12 Chinese nationals for state-linked cyber operations Chinese Lotus Blossom APT targets multiple sectors with Sagerunex backdoor China-linked APT Silk Typhoon targets IT Supply Chain Hunters International gang claims the theft of 1.4 Every week the best security articles from Security Affairs are free in your email box.
That's a 358% increase year-over-year and nearly matches the total for all of 2024. " Earlier, Radware's 2025 Global Threat Analysis Report stated there has been a "550% rise in web DDoS attacks" globally, with "nearly 400% year-over-year growth in DDoS attack volume." million DDoS attacks.
Against this backdrop, Microsoft recently launched its European Security Program (ESP) , a comprehensive cybersecurity initiative aimed at supporting European governments against increasingly sophisticated cyberthreats, particularly those powered by artificial intelligence.
Rhysida Ransomware gang claims the hack of the Government of Peru DragonForce group claims the theft of data after Co-op cyberattack U.S. Every week the best security articles from Security Affairs are free in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.
As of 2024, some new NYDFS cybersecurity regulation updates have been added with some amendments. Amendments Timeline: 20222023: The NYDFS Cybersecurity Regulation Amendment process introduced updates to address emerging threats and refine existing requirements. These amendments became fully enforceable in late 2024.
Spooky fact : According to research from Proofpoint , in 2023, 71% of organizations experienced at least one successful phishing attack, and they remain one of the most prevalent forms of cyberthreats. Spooky fact : Sophos says the average ransom in 2024 is $2.73 Like any powerful curse, ransomware can strike anyone, anytime.
In 2024, he shifted to cybercrime, starting with low-level roles in vishing and ransomware, later moving into malware and vulnerability research that drew wide attention. Outpost24 KrakenLabs concludes that threat intelligence is about empowering people with the knowledge to stay ahead of evolving cyberthreats.
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