As artificial intelligence (AI) continues to advance, its impact on cybersecurity becomes increasingly profound. AI-generated cyber attacks are evolving rapidly, posing significant threats to organizations across various sectors. To effectively combat these sophisticated threats, a substantial increase in cybersecurity budgets…
Category: Cybersecurity Insiders
An Analysis of the Rising Cyber Crime Levels Across the Globe
According to the United Nations, the world witnessed a significant rise in violent conflicts in 2023 that reached unprecedented levels not seen since World War II. This trend will likely continue into 2024 as technology will enable nation state-level cyber…
Progress Introduces Chef Courier for Simplified Job Management Across Corporate Software Ecosystems
Progress, a company known for their expertise in infrastructure management software, recently introduced a new tool called Progress® Chef® Courier™. This tool is a component of the latest cloud-native platform, Progress® Chef 360™, designed to simplify the management of intricate…
Ransomware news trending on Google for this day
A ransomware attack allegedly carried out by the RansomEXX Group has reportedly affected the IT services of over 300 small banks in India, disrupting digital transactions such as RTGS and NTFS for the past three days. The breach targeted C-Edge…
Android Mobile Security alert against SMS Stealer Malware
A new type of malware, known as SMS Stealer, is making waves in the cybersecurity world. Designed to harvest one-time passwords (OTPs) and other sensitive information, this malware has already targeted over 600 global brands, according to experts from Zimperium.…
VMware vulnerability leads ransomware to encrypt mass virtual machines
All these days we have seen hackers targeting Windows and Linux machines. But now they seem to be after the encryption of mass virtual machines by exploiting a vulnerability in VMware ESXi software. Hackers are now exploiting this flaw to…
Can Negotiations Yield Success in Ransomware Attacks
In the escalating world of cybercrime, ransomware attacks have become a pervasive threat, affecting businesses of all sizes and industries. When faced with a ransomware attack, organizations are often confronted with a critical decision: to pay the ransom or not.…
DDoS Attack on Microsoft Azure Cloud leads to another global IT Outage
Microsoft has issued a statement apologizing for a recent IT outage, which they attribute to a DDoS (Distributed Denial of Service) cyber attack on the infrastructure managed by Microsoft Azure Cloud. Under the leadership of Satya Nadella, and amid a…
With the Olympics underway, Attendees and Spectators at Risk of Cyberattacks
While athletes worldwide descended on Paris for the 2024 Olympics, so did cyber threats. Franz Regul, Head of IT Security for Paris 2024, predicts at least eight to 12 times the number of attacks launched against the Tokyo Games in…
Proficio Launches New ProBAS Breach and Attack Simulation Service
Service Helps Organizations Better Prepare and Respond to Cyber Attacks Proficio®, a leading Managed Detection and Response (MDR) provider, today announced the roll out of its ProBAS Breach and Attack Simulation service. By rigorously testing an organization’s security defenses, ProBAS…
Food Fraud: The Top Three Scams Impacting the Food Delivery Industry
The appetite for food delivery apps has grown exponentially—more than 2.85 billion people used them globally last year. In the United States alone, the $350 billion industry expanded by roughly 50% during the pandemic. With rising popularity has come rising…
Western Maryland Community Colleges Receive Edwards Fund Grant for Cyber Ranges
Students Provided Training Opportunities and Help Meet Maryland’s Cybersecurity Talent Gap Allegany College of Maryland, Garrett College, and Hagerstown Community College have received a $617,400 grant from the Senator George C. Edwards Fund toward a $686,000 project to implement two…
The US States Most at Risk of Cyberattacks
Global cybercrime costs are projected to soar from $9.22 trillion in 2024 to $13.82 trillion by 2028.1 In the United States alone, these costs are forecasted to exceed $452 billion in 2024.2 Alarmingly, in 2023, three in four companies in…
Australia wants companies disclose ransomware payments
The Australian government has long advised ransomware victims against paying ransoms, arguing that doing so does not guarantee receiving a decryption key and only encourages further criminal activity. However, recognizing that ransom payments might be unavoidable in some situations, Canberra…
Crowdstrike preliminary report as sourced from Richard Ford
Crowdstrike have now published their preliminary post incident report (PIR) into the issue that brought 8.5m Windows hosts, and a lot of the world, to a halt. Their preliminary report is available in full on the CrowdStrike website (here: https://www.crowdstrike.com/falcon-content-update-remediation-and-guidance-hub/)…
Salvador Technologies sees growth in maritime cybersecurity
Salvador Technologies has disclosed that the company is experiencing demand for its cyber-attack recovery platform from organizations in the maritime sector and shipping industry. The company reports that an increasing number of port authorities, terminal operators and shipping companies are…
X allows users to turn off GROK AI Training due to data concerns
X, the social media platform formerly known as Twitter, is introducing a new feature that allows users to opt out of its AI training program involving Grok. Grok is an AI assistant developed by xAI, a company owned by Elon…
Ransomware attacks are inevitable on Paris Olympics 2024
A recent study by ExtraHop reveals that ransomware attacks on the Paris 2024 Olympics are almost unavoidable. Over the past year, the IT infrastructure supporting the games has been a frequent target, with some incidents resulting in ransom payments totaling…
LockBit Lies Prove Another Reason to Never Pay the Ransom
On June 23, 2024, the LockBit cybercriminal group that offers ransomware as a service (RaaS) announced that it had infiltrated the systems of the Federal Reserve, compromising thirty-three terabytes of sensitive banking information. The notorious ransomware group gave the Federal…
Strategies for Mitigating the Human Element of Cyber Risk
The primary cause of the majority of data breaches today is human error. Verizon’s 2024 Data Breach Investigations Report (DBIR) found that 68% of all breaches involved a non-malicious human element in 2023. This data highlights the critical need for…