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Emerging Trends in Cybersecurity: Strategies to Combat Cyber Extortion Attacks on Businesses in 2023

Cytelligence

As we passed the halfway point of 2023, businesses must stay ahead of emerging trends in cybersecurity and adopt effective strategies to combat these threats. Below, we explore the evolving landscape of cyber extortion attacks and highlight the role of CYPFER, a leading cybersecurity company, in helping businesses protect themselves.

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AI & ML Cybersecurity: The Latest Battleground for Attackers & Defenders

eSecurity Planet

Machine learning (ML) and artificial intelligence (AI) have emerged as critical tools for dealing with the ever-growing volume and complexity of cybersecurity threats. Even some of the top consumer antivirus tools have begun to add machine learning-based detection. DDoS (distributed denial of service) mitigation.

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Security Affairs newsletter Round 381

Security Affairs

Twilio hackers also breached the food delivery firm DoorDash Unprecedented cyber attack hit State Infrastructure of Montenegro Threat actor abuses Genshin Impact Anti-Cheat driver to disable antivirus Critical flaw impacts Atlassian Bitbucket Server and Data Center Iran-linked Mercury APT exploited Log4Shell in SysAid Apps for initial access GoldDragon (..)

DDOS 72
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NetDooka framework distributed via a pay-per-install (PPI) malware service

Security Affairs

The malware used a function called “DetectAV()” to determine the antivirus solution installed on the system and uninstall it. The malware accepts multiple arguments that indicate what action should be taken.” ” reads a report published by Trend Micro. ” concludes the analysis.

Malware 90
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Discover 2022’s Nastiest Malware

Webroot

But this year also saw the onset of the triple extortion method – with this type of attack, hackers threaten to steal your data, leak it and then also execute DDoS attack if you don’t pay up. The key to staying safe is a layered approach to cybersecurity backed up by a cyber resilience strategy. Protect yourself and your business.

Malware 61
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Author Q&A: Here’s why the good guys must continually test the limitations of ‘EDR’

The Last Watchdog

Emerging from traditional antivirus and endpoint protection platforms, EDR rose to the fore in the mid-2010s to improve upon the continuous monitoring of servers, desktops, laptops and mobile devices and put security teams in a better position to mitigate advanced threats, such as APTs and zero-day vulnerabilities.

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FBI and Australia ACSC agencies warn of ongoing Avaddon ransomware attacks

Security Affairs

The gang threatens to publish the victim’s data and also use DDoS attacks against the victim (triple extortion). The ACSC also provided the following recommendations: Patch operating systems and applications, and keep antivirus signatures up to date.