Remove Architecture Remove IoT Remove Ransomware Remove Social Engineering
article thumbnail

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

Cytelligence

Ransomware attacks, where hackers encrypt critical data and demand a ransom for its release, have become alarmingly common. Here are some key strategies that companies should consider: Strengthening Endpoint Security: Endpoint devices, including laptops, smartphones, and IoT devices, are often the entry points for cybercriminals.

article thumbnail

SHARED INTEL Q&A: My thoughts and opinions about cyber threats — as discussed with OneRep

The Last Watchdog

Byron: The economic impact of phishing, ransomware, business logic hacking, Business Email Compromise (BEC) and Distributed Denial of Service (DDoS) attacks continues to be devastating. Erin: What are some of the most common social engineering tactics that cybercriminals use?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Ongoing Cyber Threat to Critical Infrastructure

Thales Cloud Protection & Licensing

From the ransomware attack that compromised a major U.S. Reducing the risk of attacks such as ransomware and malware on CNI will be of paramount importance to the stability of nation states for years to come. The Threat of Ransomware. In fact, in recent years, ransomware has almost completely changed breach economics.

article thumbnail

Uncommon infection methods—part 2

SecureList

Introduction Although ransomware is still a hot topic on which we will keep on publishing, we also investigate and publish about other threats. RapperBot then determines the processor architecture and infects the device. This suggests some form of human interaction and social engineering.

Malware 112
article thumbnail

A Reactive Cybersecurity Strategy Is No Strategy at All

CyberSecurity Insiders

Not long ago, it was revealed that T-Mobile had been breached by bad actors who convinced employees to switch their SIM cards to let them bypass two-factor identification — reminding us how effective social engineering can still be. Once this communication is blocked, the malicious software essentially becomes inert.

DNS 140
article thumbnail

Fintech Cybersecurity Trends in 2021

Security Boulevard

When the pandemic struck, online bad actors took it as an opportunity to double-down on their attacks through ransomware, malware, and social engineering. SASE network architecture, like multi-cloud storage, brings multiple systems together to link security solutions for the greatest effect. Article by Beau Peters.

article thumbnail

Today’s cyberattack tactics highlight why companies need continuous security checks

SC Magazine

The expanded attack surface area brought in by remote working technologies and prolific IoT device deployments increased the frequency and impact of cyberattacks. Although there’s not yet a “standard” zero-trust model, the industry has steadily moved toward embracing the concept of zero-trust architecture.