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Cybersecurity Concerns on the Rise, SonicWall Survey Reveals Introduction In a recent report released by cybersecurity company SonicWall, the findings indicate that cyberattacks are a growing concern for organizations around the world. The 2023 SonicWall Threat Mindset Survey highlights the increasing worries about digital attacks like ransomware and spear phishing. As cyber threats continue to…
Record-Breaking Pace: Ransomware Attacks Continue to Soar in Q3 2023 Introduction The frequency and severity of ransomware attacks have reached record levels in the third quarter of 2023, according to the Q3 Global Ransomware Report released by Corvus Insurance. The report, which analyzes data from ransomware leak sites, reveals an alarming 11% increase in ransomware…
Cybersecurity Threats: The Emergence of Rhysida Ransomware and Lumar Stealer The Rise of Rhysida Ransomware In recent months, a new and sophisticated strain of ransomware has emerged, posing a significant threat to Brazil’s popular PIX payment system. Known as Rhysida, this ransomware-as-a-service (RaaS) operation has been active since May of last year. Its developers have…
Kenya Reports Decrease in Cyber Threats Amid Increased Cybersecurity Training In a recent report from the Kenya Computer Incident Response Team Coordination Centre (KE-CIRT/CC), Kenya has attributed an 11% decrease in cyber threats to the increased training of its frontline cybersecurity personnel and greater cybersecurity awareness. The report, covering the period from July to September…
Scammers Exploit Israeli-Hamas Conflict to Carry Out Cyber Scams Researchers have recently discovered a surge in cyber scams related to the Israeli-Hamas conflict. These scams involve hundreds of fraud emails and websites that take advantage of people’s desire to help those affected by the war. Kaspersky researchers have found over 500 scam emails that contain…
The Ongoing Saga of Compromised Cisco IOS XE Systems Background The recent compromise of Cisco IOS XE systems has taken a new turn, with security researchers observing a sharp decline in the number of infected systems over the weekend. The drop in compromised systems has sparked a range of theories among experts. However, researchers from…
The IT Professional’s Blueprint for Compliance Aligning with HIPAA, NIST, CIS-CSC, Essential Eight, and Cyber Essentials Frameworks As the threat landscape grows more complex, organizations across all sectors are increasingly focused on compliance with cybersecurity frameworks. These frameworks provide clear guidelines and best practices for safeguarding sensitive data and protecting against cyberattacks. In this report,…
The IT Professional’s Blueprint for Compliance In today’s digitally-driven world, cybersecurity has become an indispensable aspect of the IT landscape. As organizations rely more heavily on technology to store and transmit sensitive data, the need to protect that information from cyber threats has become paramount. Compliance with established frameworks is not only essential for an…
## Insurance Companies Face Increasing Cyberattacks: The Threat to Confidential Data In recent years, insurance companies have become prime targets for cyberattackers, who are increasingly focused on exploiting the vast amount of personal, medical, corporate, and other confidential data that can be monetized after a successful breach. This trend has only intensified in 2023, with…
MGM Resorts’ Incident Response Strategy Pays Off In September, MGM Resorts, a hospitality and casino giant, experienced a ransomware attack. Unlike Caesars Entertainment, which had previously been targeted by the same threat actors and chose to pay a negotiated ransom of $15 million, MGM decided not to engage or negotiate with the cybercriminals. The fallout…