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Paying ransom demands has actually become less effective, Veeam study claims Ransomware attacks cost businesses millions Having alternative infrastructure can reduce downtime New research has claimed fewer and fewer companies are actually getting their data back after paying ransom demands, making them even more costly when it comes to full recovery. The survey by Veeam […]
Recent Marks & Spencer attack reveals flaws in current enterprise backup strategies HyperBUNKER pushes offline storage while critics question cost and practicality Data diodes create one-way channels, keeping vaults disconnected from networks Major UK retailer Marks & Spencer (M&S) was recently hit by a ransomware attack WHICH disrupted internal systems and reportedly locked employees out […]
EU confirms cyberattack linked to ransomware hit airports in Europe Flights were cancelled and delayed in the disruption More tech disruption has also hit Dallas Fort Worth Airport Hundreds of flights across Europe were cancelled and delayed after a ‘cyber-related disruption’ meant electronic customer check-in and baggage drop was taken offline. The EU’s cybersecurity agency […]
SpamGPT turns phishing into an automated process with minimal expertise Attackers can rotate multiple SMTP servers to dodge email throttling Real-time inbox monitoring enables immediate adjustments to phishing strategies Many of us are familiar with ChatGPT, but you may not have heard of SpamGPT, a new professional-grade email campaign tool created for cybercriminals. Researchers at […]
The U.S. Cybersecurity and Infrastructure Agency (CISA) and the Federal Bureau of Investigation (FBI) have issued a security advisory warning organizations about the Snatch ransomware operation. The advisory is part of the pairs #StopRansomware campaign, in which the two detail the tactics, techniques, and procedures (TTP), as well as indicators of compromise (IOC), of currently […]
A decryption tool for a widespread ransomware variant is now available to download for free, thanks to a group of cybersecurity researchers from the Netherlands. Experts from EclecticIQ discovered a cryptographic error in the encryptor belonging to the Key Group ransomware operator which allowed them to build a decryptor, which they then released for free. […]
A joint Cybersecurity Advisory by the Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) has issued a series of protective measures to help reduce the impact of attacks being carried out by the CL0P Ransomware Gang. The long-standing ransomware group, also known as TA505, is currently targeting a vulnerability in […]
Back in February, Reddit disclosed a “security incident” that saw attackers gain unauthorized access to “some internal documents, code, and some internal business systems” after the theft of an employee’s credentials via a successful phishing scam. Now, the ransomware group behind the attack, known as BlackCat/ALPHV, claims to have 80GB of stolen data in its […]
The notorious LockBit ransomware gang has stolen approximately $91 million just from victims in the United States since 2020, making it one of the most successful, if not the most successful, ransomware threats out there. The news comes from a joint advisory, published earlier this week by the US Cybersecurity and Infrastructure Security Agency (CISA) […]
When an organization suffers a ransomware infection, it usually has two choices: either pay the ransom demand and hope the decryptor works, or restore the data from a backup solution and continue business as usual. However, new research from Veeam has found hackers are increasingly targeting backup solutions in order to force the victims to […]
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