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:
- State-Sponsored Actors Focus Attacks on Asia
November 14, 2018
Southeast Asia is the most actively attacked region, accordingly to Cyber Security firm, Group-IB. Their annual Hi-Tech Crime Trends Report 2018 advises, “In just one year, 21 state-sponsored groups were detected in this area, which is more than in the United States and Europe.” Although, not only state-sponsored groups are focusing their attention on this ...
- Devastating Cyberattack Shakes Up Pakistan’s Financial Sector
November 14, 2018
According to PakCERT’s Qazi Misbah, 22 banks in the country were subject to a catastrophic cyber attack on October 27th of this year. 19,864 accounts with client banking data were hit, with some victims saying that funds were stolen. Amongst the many targets was the former Chief Scientist of Khan Research Laboratories, who says that Rs3 ...
- Using Machine Learning to Cluster Malicious Network Flows From Gh0st RAT Variants
November 13, 2018
Cybercriminals have become more and more creative and efficient in their efforts to successfully bypass network security. Reports of unauthorized network intrusions that have compromised enterprise security, resources, and data, plague experts on a day-to-day basis, and will continue to do so if not prevented by a more efficient detection system or method. Currently, attackers use polymorphism, ...
- Cathay Pacific hack: Airline admits techies fought off cyber-siege for months
November 12, 2018
Fresh from belatedly admitting that 9.4 million passengers’ personal data was stolen by hackers, Hong Kong airline Cathay Pacific has now admitted that it was under attack for three solid months before it took half a year to tell anyone. In its initial public statement on the hack, which saw names, nationalities, dates of birth, addresses, ...
- EUROPOL: Internet Organised Crime Threat Assessment 2018
November 12, 2018
It is my pleasure to introduce the 2018 Internet Organised Crime Threat Assessment (IOCTA), not only as it is the fifth anniversary edition of the report, but also my first as the Executive Director of Europol. The IOCTA has been and continues to be a flagship strategic product for Europol. It provides a unique law enforcement ...
- Emotet Campaign Ramps Up with Mass Email Harvesting Module
November 12, 2018
The new variant can exfiltrate emails for a period going back 180 days, en masse. A large-scale spam campaign has launched, spreading the Emotet banking trojan. Worryingly, the offensive has launched about a week after a fresh module for mass email-harvesting was detected for the malware. Emotet is technically a banking trojan, but it’s most often used ...