Vulnerable SMBs prop up an IT supply chain riddled with ransomware
A recent report by Trend Micro suggests that SMBs are the weak link in IT supply chains.
Ransomware is one of the many threats that small and medium business enterprises (SMBs) face on an almost daily basis. Attacks can damage their reputation and wallet and bring their day-to-day operations to... Read more
Avast launches ransomware shield for small businesses
Avast updated its Ransomware Protection functionality to give organizations an additional line of defense against ransomware threats.
According to Avast, the number of ransomware threats rose by 24 percent in 2022 compared to 2021. Hence, Avast revealed a new way to protect small businesses agai... Read more
Hackers target hotel and travel companies
The cyberattackers are using fake booking emails to phish.
A hacker group tracked as TA558 has upped their activity this year, running phishing campaigns that target multiple hotels and firms in the hospitality and travel space, according to a report in BleepingComputer.
The cyberattacker use... Read more
Dental company Colosseum Dental Benelux pays ransom after cyberattack
Colosseum Dental Benelux has decided to pay ransom to the cybercriminals that attacked the Dutch dental organization last week. The amount paid is unknown. 120 of its dental practices closed shop late last week.
The dental organization announced it saw no other way out but to pay. "The care of ... Read more
BlackCat ransomware gang claims attack on Luxembourg power company
The Black Cat ransomware takes charge of a cyberattack on a Luxembourg-based power company.
On July 22 and 23, an attack on Encevo's energy and gas rail line corporation in Luxembourg contributed to network invaders trying to withdraw data.
The connection to Black Cat, also recognized as ALPH... Read more
Zscaler’s latest report raises red flags about ransomware
Despite consistent efforts to thwart it, ransomware remains a persistent problem for businesses and consumers worldwide.
Zscaler has released its latest report titled ThreatLabz 2022 Ransomware Report. The study has revealed the number and scope of ransomware attacks has grown unabated, generati... Read more
Ransomware attack permanently shuts down American college
Lincoln College in Illinois is forced to permanently close its doors after a ransomware attack at the end of last year. The attack caused such damage that fundraising was no longer possible.
According to the college, the ransomware attack caused such damage to data and systems that recovery took... Read more
White House warns US businesses about possible Russian hacking attacks
The White House has issued a warning to businesses that Russia may be preparing cyberattacks against key infrastructure in the United States.
President Biden reaffirmed the message on Monday, saying that developing intelligence revealed Russia is looking into options for possible cyberattacks. T... Read more
The past 3 months have seen dozens of ransomware variants used in 722 attacks
Threat analysts saw 722 different ransomware strikes utilizing 34 different variations in Q4 of 2021, indicating that the ransomware landscape was quite active.
This flurry of activity makes it difficult for defenses to keep track of individual group strategies, signs of vulnerability, and ... Read more
Mimecast: 4 in 5 organizations have been attacked by ransomware
An Mimecast survey found that organizations are confident in their ransomware preparedness despite consistently being the target of attacks.
Mimecast Research this week announced the publication of its new report, “State of Ransomware Readiness: Facing the Reality Gap.”
Over the past yea... Read more