Topic: ransomware

Data Integrity: Identifying and Protecting Assets Against Ransomware and Other Destructive Events

Businesses face a near-constant threat of destructive malware, ransomware, malicious insider activities, and even honest mistakes that can alter or destroy critical data. These types of adverse events ultimately impact data integrity (DI). It is imperative for organizations to be able to detect and respond to DI attacks. The National Cybersecurity Center of Excellence (NCCoE) …

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The Hidden Costs of Cybercrime

Executive Summary Since 2018, we estimated that the cost of global cybercrime reached over $1 trillion. We estimated the monetary loss from cybercrime at approximately $945 billion. Added to this was global spending on cybersecurity, which was expected to exceed $145 billion in 2020. Today, this is $1 trillion dollar drag on the global economy. …

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Q3 Malware Trends: Ransomware extorts education, Emotet and crypto mining malware evolve, and Android malware persists

Executive Summary In the third quarter of 2020, Recorded Future observed major expansions in the tactics, techniques, and procedures (TTPs) of prominent ransomware operators, including the targeting of educational institutions and a continued increase in new ransomware operators using extortion tactics. Between July and October 2020, we identified the development of five new ransomware extortion …

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Sophos 2021 Threat Report

EXECUTIVE SUMMARY The Sophos 2021 Threat Report covers topic areas into which Sophos has gained insight from the work over the past 12 months by SophosLabs on malware and spam analysis, and by the Sophos Rapid Response, Cloud Security, and Data Science teams. These aspects of our daily work protecting customers provide insight into the …

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The Rise and Rise of Ransomware

An Irresistible Business Model Once thought to be on the decline, successful ransomware attacks against all types of companies and organisations have dotted the headlines in the last two years. In 2019, the FBI’s Internet Crime Complaint Center (IC3) received more than 2000 ransomware complaints, accounting for US$8.9 million in losses. We expect these numbers …

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Cybersecurity: The Human Challenge

IT teams are showing progress in many battles IT teams are on top of patching. Three quarters of IT teams apply patches to desktops, servers, applications, and internet-facing assets within a week of release. Servers and internet-facing assets are patched most quickly, with 39% of respondents patching them within 24 hours. Prevention is prioritized. On …

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FIN11: A Widespread Ransomware and Extortion Operation

FIN11: Widespread Email Campaigns as Precursor for Ransomware and Data Theft FIN11 is a well-established financial crime group that has recently focused its operations on ransomware and extortion. Their shift is emblematic of the changing nature of cyber criminal activity, which has become increasingly aggressive and difficult to ignore. Intrusive ransomware operations have sharply climbed …

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Data Integrity: Recovering from Ransomware and Other Destructive Events

Data integrity attacks have compromised corporate information including emails, employee records, financial records, and customer data. Destructive malware, ransomware, malicious insider activity, and even honest mistakes all set the stage for why organizations need to quickly recover from an event that alters or destroys data. Businesses must be confident that recovered data is accurate and …

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