The cybersecurity threat landscape has witnessed a dramatic and alarming rise in the average ransomware payment, an increase exceeding 500%. Sophos, a global leader in cybersecurity, revealed in its annual "State of Ransomware 2024" report that the average ransom payment has increased 500% in the last year with organizations that paid a ransom reporting an average payment of $2 … [Read more...] about How MFA Failures are Fueling a 500% Surge in Ransomware Losses
Surge
Grandoreiro Banking Trojan Hits Brazil as Smishing Scams Surge in Pakistan
Jun 15, 2024Newsroom Pakistan has become the latest target of a threat actor called the Smishing Triad, marking the first expansion of its footprint beyond the E.U., Saudi Arabia, the U.A.E., and the U.S. "The group's latest tactic involves sending malicious messages on behalf of Pakistan Post to customers of mobile carriers via iMessage and SMS," Resecurity said in a report … [Read more...] about Grandoreiro Banking Trojan Hits Brazil as Smishing Scams Surge in Pakistan
Microsoft Warns of Surge in Cyber Attacks Targeting Internet-Exposed OT Devices
Microsoft has emphasized the need for securing internet-exposed operational technology (OT) devices following a spate of cyber attacks targeting such environments since late 2023. "These repeated attacks against OT devices emphasize the crucial need to improve the security posture of OT devices and prevent critical systems from becoming easy targets," the Microsoft Threat … [Read more...] about Microsoft Warns of Surge in Cyber Attacks Targeting Internet-Exposed OT Devices
Okta Warns of Unprecedented Surge in Proxy-Driven Credential Stuffing Attacks
Apr 28, 2024NewsroomCredential Stuffing / Data Breach Identity and access management (IAM) services provider Okta has warned of a spike in the "frequency and scale" of credential stuffing attacks aimed at online services. These unprecedented attacks, observed over the last month, are said to be facilitated by "the broad availability of residential proxy services, lists of … [Read more...] about Okta Warns of Unprecedented Surge in Proxy-Driven Credential Stuffing Attacks
Public Sector Hit in Sudden Surge, Reveals New Report
Aug 15, 2023The Hacker NewsThreat Intelligence / Cyber Attacks The just-released BlackBerry Global Threat Intelligence Report reveals a 40% increase in cyberattacks against government and public service organizations versus the previous quarter. This includes public transit, utilities, schools, and other government services we rely on daily. With limited resources and often … [Read more...] about Public Sector Hit in Sudden Surge, Reveals New Report