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Microsoft warns about ongoing PonyFinal ransomware attacks

Security Affairs

pic.twitter.com/Q3BMs7fSvx — Microsoft Security Intelligence (@MsftSecIntel) May 27, 2020. Learn how to build organizational security hygiene to prevent human-operated attacks: [link] — Microsoft Security Intelligence (@MsftSecIntel) May 27, 2020.

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Microsoft partnered with other security firms to takedown TrickBot botnet

Security Affairs

link] — Microsoft Security Intelligence (@MsftSecIntel) October 12, 2020. This action will result in protection for a wide range of organizations, including financial services institutions, government, healthcare, and other verticals from malware and human-operated campaigns delivered via the Trickbot infrastructure.”

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Ransomware, BEC and Phishing Still Top Concerns, per 2021 Threat Report

Webroot

Universal Healthcare Services reportedly suffered three weeks of downtime after its September 2020 ransomware incident, resulting in a $67 million loss of revenue. These fines can really add up, starting at $100 per customer per record lost and going up to flat percentages of revenue.

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South Korea claims North Koreans hacked Pfizer for COVID-19 vaccine data

SC Magazine

In a conversation with reporters after a briefing by the South Korean National Intelligence Service, Ha Tae-keung, an opposition member of the parliamentary intelligence panel, said Pfizer was among those targeted in a cyberattack but gave no further specifics on the timing or success of the breach, according to Reuters, which first reported it.

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Customized threat intelligence can track down ransomware gangs

SC Magazine

Organizations across the world are now beginning to realize that traditional security measures are largely ineffective against the current generation of increasingly sophisticated ransomware attacks. In 2020, for example, the average ransom payment increased by 171% to $312,493, according to Palo Alto Networks.

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Cyber Security Awareness and Risk Management

Spinone

The Global State of Information Security Survey 2017 suggests that companies should look into deploying threat detection tools and processes (including monitoring and analyzing security intelligence information), conducting vulnerability and threat assessments, penetration tests and security information, and event management (SIEM) tools.

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BEST PRACTICES: Mock phishing attacks prep employees to avoid being socially engineered

The Last Watchdog

In short, it’s a perfect environment for cybercriminals to gather intelligence about us, then craft creative ruses to trick victims into installing malware that gives them a foothold. This is stunning: phishing attacks soared in 2018, rising 250% between January and December, according to Microsoft’s Security Intelligence Report.