Cyber extortion remains the most prominent threat facing businesses of all sizes across all industries, a new report from Orange Cyberdefense has found.
The 2024 Cy-Explorer report worryingly uncovered that the number of victims of cyber extortion scams has grown by 77% year on year. In Q1 of 2024 alone, there were 1,046 organizations that were the victims of double-extortion. The actual figure for victims of ransomware attacks is likely to be much higher – known as the “dark number” – due to the stats on cyber extortion being gathered from observable data on dark web leak sites.
Read more…
Source: MSN News
Related:
- Trickbot Adds Remote Application Credential-Grabbing Capabilities to Its Repertoire
February 12, 2019
In November 2018, we covered a Trickbot variant that came with a password-grabbing module, which allowed it to steal credentials from numerous applications. In January 2019, we saw Trickbot (detected as TrojanSpy.Win32.TRICKBOT.AZ and Trojan.Win32.MERETAM.AD) with new capabilities added to its already extensive bag of tricks. Its authors clearly aren’t done updating Trickbot — we recently found a ...
- How your stolen personal data is sent to the dark web, and what hackers can do with it
February 10, 2019
“It’s 6.5 billion now,” the cybersecurity specialist says, standing in his office in Kowloon, Hong Kong, overlooking a control room where glowing computer screens display the pulse being taken of nefarious web activity. One dial acts as an algorithm-generated odometer for internet threat levels, while a pulsing world map shows regions from which cyberattacks and ...
- Banks Under Attack: Tactics and Techniques Used to Target Financial Organizations
February 8, 2019
US$100 – 300 billion: That’s the estimated losses that financial institutions can potentially incur annually from cyberattacks. Despite the staggering amount, it’s unsurprising — over the past three years, several banks suffered $87 million in combined losses from attacks that compromised their SWIFT (Society for Worldwide Interbank Financial Telecommunication)infrastructures. That’s just the tip of the iceberg: A ...
- Android Phones Can Get Hacked Just by Looking at a PNG Image
February 6, 2019
Using an Android device? Beware! You have to remain more caution while opening an image file on your smartphone—downloaded anywhere from the Internet or received through messaging or email apps. Yes, just viewing an innocuous-looking image could hack your Android smartphone—thanks to three newly-discovered critical vulnerabilities that affect millions of devices running recent versions of Google’s mobile ...
- Sophisticated new phishing campaign targets the C-suite
February 5, 2019
A new phishing campaign to steal login credentials is being launched on businesses – specifically the C-suite. Researchers at GreatHorn first discovered the campaign which targets senior executives by claiming to be from the company’s CEO. The fake email regards the rescheduling of a board meeting. By following the link from this email and users are greeted with a ...
- Over 485,000 Ubiquiti devices vulnerable to new attack
February 4, 2019
Ubiquiti Networks is working on a fix for a newly discovered security issue affecting its devices that attackers have been exploiting since July last year. The issue impacts over 485,000 devices, according to an internet scan conducted by US cyber-security firm Rapid7. Mass-exploitation attacks were first spotted last week by Jim Troutman, co-founder of internet exchange point ...