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Ransomware Group Targets Managed Service Providers in Global Cyberattack Campaign Introduction The Play ransomware group, previously known for its attack on the City of Oakland, has now turned its focus to managed service providers (MSPs) worldwide in a new cyberattack campaign. This campaign aims to distribute ransomware to the downstream customers of these providers. What…
Ransomware Continues to Thrive as Security Defenses Lag A recent report from cybersecurity firm Rapid7 highlights the ongoing threat posed by ransomware attacks and the lack of adequate security defenses against them. The report reveals that ransomware remains highly profitable for criminal organizations, with a significant return on investment (ROI) for attackers. This is due…
Expert Strategies: Defending Against Credential Phishing The Growing Threat of Credential Phishing In today’s digital age, businesses are constantly under attack from cybercriminals seeking to breach their security defenses and exploit sensitive information. One pervasive and highly effective method employed by these hackers is credential phishing. This technique involves tricking individuals into divulging their login…
Government Agencies and Cybersecurity Firms Increase Vigilance in Response to Rhysida Ransomware Rhysida Ransomware: Emerging Threat to Healthcare and Other Sectors The US Department of Health and Human Services (HHS) recently issued an alert highlighting the growing threat of Rhysida ransomware. Rhysida is a ransomware-as-a-service (RaaS) group that has gained prominence since its emergence in…
Securing Sensitive Accounts: PAM Security Strategies Introduction In the age of rapidly evolving cybersecurity threats, protecting sensitive accounts has become a paramount concern for individuals and organizations alike. The risks associated with hacking, ransomware, and other malicious activities are ever-present, making it crucial to adopt proactive strategies to safeguard valuable information. Privileged Access Management (PAM)…
A New Threat Actor Emerges with Custom Version of Yashma Ransomware Background A new threat actor, believed to be of Vietnamese origin, has recently been identified deploying a customized version of the Yashma ransomware. This threat actor has been targeting English-speaking countries, Bulgaria, China, and Vietnam. Cisco Talos researchers discovered this unknown actor’s campaign, characterized…
## Government White House Holds First-Ever Summit on the Ransomware Crisis Plaguing the Nation’s Public Schools In a historic move, the White House convened a cybersecurity summit focused on addressing the alarming rise in ransomware attacks targeting public schools across the United States. The summit, which marks the first of its kind, aims to bring…
White House Holds First-Ever Summit on Ransomware Crisis in Public Schools Protecting Students’ Data in the Digital Age On Tuesday, the White House hosted its first-ever cybersecurity “summit” to address the alarming rise of ransomware attacks targeting U.S. public schools. These attacks have not only disrupted educational services but also exposed sensitive student data, including…
Cyber Insurance UK Think Tank Proposes Greater Ransomware Reporting From Cyberinsurance to Government Introduction In a recent report titled “Cyber Insurance and the Ransomware Challenge,” the Royal United Services Institute (RUSI), an independent UK think tank, has examined the relationship between cyberinsurance and ransomware. RUSI proposes greater reporting from ransomware victims to the government, enforced…
Securing Sensitive Accounts: Learn PAM Security Strategies Cybersecurity and the Rising Threat of Ransomware In today’s interconnected digital landscape, the need for robust cybersecurity measures has become increasingly paramount. Cyberthreats are evolving rapidly, with new and more sophisticated attacks emerging regularly. One such emerging threat is ransomware, a type of malicious software that encrypts valuable…