Displaying items by tag: ransomware as a service

GUEST RESEARCH: Zscaler, the leader in cloud security, has released the findings of its annual ThreatLabz Ransomware Report, which revealed an 80% increase in ransomware attacks year-over-year. In 2022, the most prevalent ransomware trends include double-extortion, supply chain attacks, ransomware-as-a-service, ransomware rebranding, and geo-political incited ransomware attacks. The report analyses over a year's worth of data from the largest security cloud in the world, which processes more than 200 billion daily transactions and 150 million daily blocked attacks across the Zscaler Zero Trust Exchange. The report details which industries are being targeted the most by cybercriminals, explains the damage caused by double-extortion and supply chain attacks, and catalogs the most active ransomware groups operating today.

Security vendor WatchGuard Technologies has published its latest quarterly Internet Security Report. Findings for Q3 2021 include a decrease in total perimeter malware detection volume, although endpoint malware detections had already surpassed the total for 2020, with Q4 2021 data yet to be reported.

GUEST OPINION: Battered and bruised from the harsh realities of COVID lockdowns, Australian businesses are looking forward to what they hope will be a much better year ahead.

Threat intelligence from the first half of 2021 demonstrated a significant increase in the volume and sophistication of attacks targeting individuals, organisations, and increasingly critical infrastructure, according to the semiannual FortiGuard Labs Global Threat Landscape report, a study by cybersecurity solutions Fortinet.

GUEST OPINION by Tilly Travers, Sophos: Even the most carefully planned ransomware attacks don’t always go according to plan.

In its latest research, Sophos warns the severity and damage that the REvil ransomware may inflict on organisations. The research also gives measures on how organisations can detect the attack and prevent further damage.

A cybersecurity researcher persuaded Ragnar Locker ransomware operators into thinking they were a cybercriminal and to offer a job. The researcher has released information on the gang’s payout structure, cash-out schemes, and target acquisition strategies providing a look behind the scenes into the real business of shadowy underground criminal syndicates - and the millions of dollars it brings in.

Australia is among the top seven countries where organisations have had their data exploited and leaked, with "double-extortion" and "ransomware-as-a-service" frequently used in 2020.

Webroot has released its annual list of the Nastiest Malware, "revealing phishing, botnet attacks and ransomware as 2020’s most vicious cybersecurity threats".