According to a new report, ransomware attacks against businesses increased by 363% percent year-over-year. There has also been a greater number of ransomware attacks targeting different public sectors and local governments since the start of 2019.
Another Mirai offshoot spotted: A variant of the Echobot botnet was found using over 50 exploits that lead to remote code execution (RCE), arbitrary command execution, and command injection in internet of things (IoT) devices.
According to a report by Accenture and the Ponemon Institute, on the average, financial organizations with 5,000+ employees each lose US$18.5 million in direct cybercrime costs.
There’s a new player in the exploit kit landscape. Dubbed Lord, this new exploit kit was initially seen delivering the njRAT malwarebefore distributing the Eris ransomware. Here's what you need to know about this threat.
Reports of SYRK and STOP ransomware variants encrypting files on infected machines started off the month. Meanwhile, ENTSCRYPT aka GermanWiper, is a fileless ransomware and wiper that makes file retrieval impossible.
Lodi, California confirmed that the phone line and data systems disruptions it suffered months back was caused by a ransomware. The ransomware entered the city’s system disguised as an invoice attachment in an email to city staff.
This week, Cabarrus County, North Carolina, announced that it lost US$1.7 million to a BEC scam after a series of email exchanges that began in November 2018.
Sophisticated software has helped industries grow and thrive in unmatched ways, but there are also risks and consequences that come with new technology.