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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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
Active Directory Security – A modern approach to avoid exploitation 10:00am AWST | 1:00pm AEDT See live demo attacks! How is Active Director (AD) being used today and why is it important: The AD Threat Landscape The AD and ransomware relationship Common vulnerabilities in AD being exploited Best practices on how to avoid a compromise
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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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Introduction – Global State of the Channel Ransomware Report Datto’s Annual Global State of the Channel Ransomware Report comprises statistics pulled from a survey of more than 1,000 managed service providers (MSPs) around the world. The report provides unique visibility into the state of ransomware from the perspective of the IT channel and their small
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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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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: 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 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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Welcome to the Q2 2020 issue of the ESET Threat Report! With half a year passed from the outbreak of COVID-19, the world is now trying to come to terms with the new normal. But even with the initial panic settled, and many countries easing up on their lockdown restrictions, cyberattacks exploiting the pandemic showed
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