ransomware - MySecurity Marketplace

The Near and Far Future of Ransomware Business Models

This research paper explores the position of ransomware in cybercrime and what would trigger changes in ransomware business models. Ransomware has evolved into a malware used to cause major problems for enterprises, governments, healthcare, and critical infrastructure, but other cybercriminal business models — ones that can generate significantly more illicit profit — raises an interesting […]

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Enemy at the Gates

By execassist

Financial services is among the industries that have been the heaviest hit by cybercrime — from the heyday of the Zeus and other banking trojans to Distributed Denial-of-Service (DDoS) attacks, modern phishing attacks, and ransomware. FinServ is a vital sector that plays a major role not only in the lives of people, but also in

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CISO Perth 2023

By execassist

The recent wave of cyber incidents has put Australians citizens under huge stress over the safety of their personal information. For cybersecurity executives, complacency has never been an option. Failure to perform the most basic cyber hygiene practices could cost millions of dollars, create unmeasurable litigation stress, and seriously damage a company’s reputation. Now, more

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Singapore’s Counter Ransomware Task Force Report

By execassist

The ransomware threat has grown significantly in scale and impact and has become an urgent problem for all digitally connected countries, including Singapore. It is also inherently an international problem, as attacks are conducted from across borders, and jurisdictional lines are leveraged to launder money and evade justice. The Counter-Ransomware Task Force (CRTF) was commissioned

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The Threat Report: Fall 2022

By execassist

In the third quarter of 2022, Trellix delivered a new, powerful resource to support the future of extended detection and response (XDR) and cybersecurity. The Trellix Advanced Research Center, comprised of hundreds of elite security analysts and researchers was established to help customers detect, respond, and remediate the latest cybersecurity threats. Threat actors also made

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Cyber Security Forecast 2023

By execassist

Global Forecasts More Attacks by Non-Organized Attackers and Non-Nation State Attackers In 2023 we expect to see more intrusions conducted by non-organized attackers and non-nation state attackers. More of the threat actors operating out of North America and Europe will likely be younger, and conducting intrusion operations not because they’re interested in making money specifically,

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Australian Cyber Security Magazine, Issue 14, 2022

By execassist

DO NOT PAY THE RANSOM: WHY BUSINESSES ARE WILLING TO PAY With the national attention on significant data breaches in recent months, between January to June 2022, the Office of the Australian Information Commissioner (OAIC) observed a 14 percent decrease in reported breaches compared to July to December 2021. This appears in contrast to the

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Annual Cyber Threat Report, July 2021- June 2022

By execassist

I am pleased to present the third Annual Cyber Threat Report by the Australian Cyber Security Centre (ACSC), a key part of the Australian Signals Directorate (ASD). Throughout its 75 year history, ASD has defended Australia from global threats and advanced our national interests. It remains at the frontline of defending our nation and keeping

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Q3 Ransomware Landscape Report

By execassist

Q3 of 2022 has provided us with many interesting insights into the ransomware industry. Instead of fairly wide distribution of victims between the various ransomware groups, we saw consistency from Lockbit3.0, as they remain the number one group with 37% of all ransomware attacks this quarter, an increase of 5% since the previous quarter, whereas

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Night Sky and Cheerscrypt: Revealing a Unified Chinese Ransomware Group

By execassist

Key Takeaways Sygnia recently investigated a Cheerscrypt ransomware attack which utilized Night Sky ransomware TTPs. Further analysis revealed that Cheerscrypt and Night Sky are both rebrands of the same threat group, dubbed ‘Emperor Dragonfly’ by Sygnia. ‘Emperor Dragonfly’ (A.K.A. DEV-0401 / BRONZE STARLIGHT) deployed open-source tools that were written by Chinese developers for Chinese users.

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