ESET Research has released its analysis of Spacecolon, a small toolset used to deploy variants of Scarab ransomware to victims all over the world. It likely penetrates victim organizations through operators compromising vulnerable web servers or via brute forcing RDP credentials.Read More…
Sophos has released new findings into the connections between the most prominent ransomware groups this past year, including Royal, in its report, “Clustering Attacker Behavior Reveals Hidden Patterns.” Over the course of three months beginning in January 2023, Sophos X-Ops investigated four different ransomware attacks, one involving Hive, two byRead More…
Barracuda Networks published its fifth annual Threat Spotlight on ransomware. The new report looks at ransomware attack patterns that occurred between August 2022 and July 2023. An in-depth look at ransomware trends Barracuda researchers analysed 175 publicly reported successful ransomware attacks across the world between August 2022 and July 2023,Read More…
Sophos has released a new sectoral survey report, “The State of Ransomware in Education 2023,” which found that education reported the highest rate of ransomware attacks in 2022. Over the past year, 79% of higher educational organizations surveyed reported being hit by ransomware, while 80% of lower educational organizations surveyedRead More…
Ransomware remains one of the main threats to information security globally and in the META region. In 2022, the average cost of a ransomware attack was US$4.54 million (according to IBM’s data breach report), and Kaspersky solutions detected over 74.2M attempted ransomware attacks (20% increase to 2021). While the beginningRead More…
Positive Technologies analysed threats to information security in the Middle East, discovering a significant increase in cyberattacks on critical IT infrastructure from 2022-2023. Most of these were targeted attacks, and the most frequently affected organisations were government institutions. Ransomware attacks are skyrocketing.Read More…
The outlook of global crypto markets, which have been recovering well this year with the prices of digital assets like Bitcoin up over 80% as of June 30, has been infused with further positivity following the release of the latest Crypto Crime Midyear Update from Chainalysis.Read More…
ESET has released its latest Threat Report, which summarizes threat landscape trends seen in ESET telemetry from December 2022 through May 2023. In H1 2023, we observed developments highlighting cybercriminals’ remarkable adaptability and pursuit of new avenues of attack:Read More…
