With massive digitization and cloud adoption, the attack surface has broadened and new threats have emerged. Challenges like ransomware, supply chain attacks and financial fraud continue to pose problems for security practitioners.
Cybersecurity basics are still an overlooked ransomware defense, Lindy Cameron, CEO of the National Cyber Security Center, told the CyberScotland Summit in Scotland. "We still think that 90% of incidents in the U.K. could have been prevented if people had followed the basics," she said.
Embattled Australian private health insurer Medibank says it won't pay hackers' extortion demand, saying it can't trust cybercriminals to delete personal data. A ransomware gang claiming affiliation with REvil is threatening to publish the data, which Medibank says affects 9.7 million individuals.
Let’s face it: The cyberthreat landscape is evolving and ever-present. Since 2021, ransomware attacks have risen by 150%, with other types of attacks such as phishing and stolen credentials not far behind. Organizations can no longer afford to be reactive when it comes to their security posture – being proactive...
The State of Ransomware report in 2021 states that, 77% of retail organizations were hit by ransomware, up from 44% in 2020.
This is a 75% rise over the course of a year, demonstrating that adversaries have become more capable.
In fact, in 2021, retail reported the second highest rate of ransomware attacks of...
Ransomware-as-a-service group LockBit is threatening the release of data it says it stole from German auto parts maker Continental. The company in August acknowledged an incident involving its IT systems, but didn't respond Friday with additional information.
In the latest weekly update, ISMG editors share how amateur tactics employed by ransomware gangs are leading fewer victims to pay ransoms, why traditional identity controls can't protect against the growing authorized payment scams, and highlights from ISMG's Crypto and Payments Summit.
In 2022, 56% of lower education organizations and 64% of higher education organizations were hit by ransomware in the last year.
This is a considerable increase from the 44% of education respondents that reported an attack in our 2021 survey (based on 499 respondents across lower and higher education).
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The rise in successful ransomware attacks is part of an increasingly challenging threat environment that has affected organizations across all sectors, including state and local government.
In this report 58% of local government organizations were hit by ransomware in 2021, up from 34% in 2020.
This is a 70%...
In 2021, 66% of healthcare organizations were hit by ransomware, which is a 94% increase from 2020.
The Healthcare industry saw the highest increase in volume of ransomware attacks as part of an increasingly challenging broader threat environment which has affected them more than any other sector.
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In this report, 55% of manufacturing and production organizations were hit by ransomware in 2021, up from 36% in 2020.
This is a 52% increase over the course of a year, demonstrating that adversaries have become considerably more capable of executing the most significant attacks at scale.
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The latest edition of the ISMG Security Report discusses how Australian health insurer Medibank is deliberating on whether to pay a ransom to extortionists, analyzes the growing number of layoffs in the security vendor space, and shares a tribute to threat intelligence researcher Vitali Kremez.
A Japanese hospital in Osaka stopped offering anything but emergency care after hackers launched a Monday morning ransomware attack on the electronic medical records system. Hospital officials say the prospects of system recovery are not good.
The Biden administration-led International Counter Ransomware Initiative that includes three dozen countries and the European Union ended a two-day huddle at the White House, emerging to vow more data-sharing and anti-money laundering measures from cryptocurrency trading platforms.
Ransomware attacks pose the biggest cybersecurity threat to U.K. organizations, particularly hospitals and schools, the country’s National Cyber Security Centre warns. So far in 2022, 18 ransomware attacks have required nation-level coordinated efforts to mitigate the threats, it adds.
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