Malwarebytes’ 2024 State of Ransomware report published today (20 August) shows a surge in malicious activity on US and UK businesses.
The “ThreatDown 2024 State of Ransomware” report reveals an alarming increase in ransomware attacks over the past year. In the US there has been a 63% increase in ransomware attacks on organisations and businesses, with the UK seeing an even greater rise of 67%.
Read more…
Source: Yahoo News
Related:
- Examining Ransomware Payments From a Data-Science Lens
March 9, 2023
Ransomware has come a long way since the Internet’s pre-cryptocurrency days. The advent of cryptocurrency was an important turning point in the evolution of this cyberthreat, as malicious actors are now no longer confined to available local or regional payment options when collecting ransom payments. The operation costs and monetization models of a ransomware group can be ...
- DoppelPaymer ransomware suspects cuffed, alleged ringleaders escape
March 6, 2023
German and Ukrainian cops have arrested suspected members of the DoppelPaymer ransomware crew and issued warrants for three other “masterminds” behind the global operation that extorted tens of millions of dollars and may have led to the death of a hospital patient. The criminal gang, also known as Indrik Spider, Double Spider and Grief, used double-extortion ...
- Germany and Ukraine hit two high-value targets
March 6, 2023
With the help of the FBI, German and Ukrainian police last week searched the properties of two suspected “core members” of a global cybercrime gang that has cost US victims tens of millions of dollars, European officials said Monday. German police officers raided a German citizen’s house, while Ukrainian police searched properties in the capital Kyiv ...
- Leveraging data science to minimize the blast radius of ransomware attacks
March 2, 2023
As ransomware groups continue to build on their arsenal of tactics, techniques, and procedures (TTPs), it’s essential for cybersecurity professionals to assess the levels of risk to their organizations using multiple sources of information for a comprehensive outlook on this ever-evolving threat. Common Vulnerabilities and Exposures (CVE) data, for example, can guide defenders in determining ...
- A Deep Dive into the Evolution of Ransomware Part 3
February 27, 2023
Ransomware is an ever-growing problem that has wreaked havoc across a multitude of industries, with astronomical ransom demands leaving businesses and infrastructure feeling powerless. From major hospitals to enterprises – no sector was immune from the impact of ransomware’s widespread infiltration in recent years. Trend Micro researchers discussed what triggers threat actors from changing their business ...
- Cyber Insurance Is Back From the Brink After Onslaught of Ransomware Attacks
February 24, 2023
The cyber-insurance market, battered by a rash of pandemic-era ransomware attacks, is making a comeback. Price hikes are moderating, new carriers and fresh sources of capital are emerging, and companies can better afford coverage. Cyber-insurance pricing increased 10% from a year earlier in January, a fraction of the 110% annual increase reported in the first quarter ...
