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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…
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 IT Professional’s Blueprint for Compliance: Aligning with Security Frameworks Overview In today’s digital age, cybersecurity has become a paramount concern for individuals and organizations alike. The ever-evolving threat landscape presents challenges that require specialized knowledge and expertise to navigate successfully. IT professionals play a crucial role in safeguarding sensitive data and ensuring compliance with…
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…
Brazilian Banking Malware Spreads to Spain, Highlighting Growing Latin American Cybercrime Introduction The Brazilian banking malware known as “Grandoreiro” has made its way to Spain, expanding the reach of Latin American cybercrime. This comes as dark web activity in the region has surged in recent years, with Mexico and Brazil being the most heavily targeted…
International Law Enforcement Collaboration Leads to Arrest of Ragnar Locker Ransomware Developer An Introduction to the Case Law enforcement agencies from 11 different countries have successfully arrested a suspected developer of the notorious Ragnar Locker ransomware group. The arrest took place in Paris as part of a coordinated effort to dismantle the cybercrime infrastructure of…
The IT Professional’s Blueprint for Compliance Introduction In today’s digital age, where cyber threats are ever-evolving and data breaches have become alarmingly common, it is imperative for IT professionals to prioritize compliance with relevant frameworks and standards. With the growing number of regulations and best practices in the cybersecurity space, aligning with key frameworks has…
Global Damage of $30 Billion Caused by Criminal Activities in Crypto Sector: A Growing Threat Inadequate Understanding of Digital Financial Product Cyberattacks The rise of digital financial products, particularly in the realm of decentralized finance (DeFi), has brought about significant challenges in terms of cybersecurity. However, until now, there has been a lack of concrete…
A New Type of Certificate Abuse Aimed at Spreading Info-Stealing Malware Background Attackers have recently been employing a new technique to spread info-stealing malware, with the goal of collecting credentials and other sensitive data, including cryptocurrency from Windows systems. The campaign utilizes search engine optimization (SEO) poisoning to deliver search results featuring malicious pages that…