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Retail industry the second most targeted industry by ransomware, Sophos survey finds

Sophos, a global leader in next-generation cybersecurity, has published a new sectoral survey report, The State of Ransomware in Retail 2022, which found that retail had the second highest rate of ransomware attacks last year of all sectors surveyed after the media, leisure and entertainment industry. Globally, 77% of retail organisations surveyed were hit – […]

ICO and NCSC stand together against ransomware payments

Solicitors are being asked to play their part in keeping the UK safe online by helping to tackle the rise in organisations paying out to ransomware criminals. The National Cyber Security Centre (NCSC) and Information Commissioner’s Office (ICO) have been told that some firms are paying ransoms with the expectation that this is the right […]

Largest ransom pay-outs by cyber-insurers averaged £3.2 million in the past two years

Panaseer, an enterprise security company, has released its latest report on the state of the cyber-insurance industry. The survey of global insurers across the UK and US found that 82% are expecting the rise in premiums to continue, with 74% of insurers agreeing that their inability to accurately understand a customer’s security posture is impacting […]

‘Safeguarding civilisation’: Protecting critical infrastructure against cyberattacks

Research from Dragos has highlighted that the industrial sector attracted increased unwanted attention from adversaries last year. With attackers continuing to up the ante and the consequences of an attack proving potentially devastating, defenders must review and prioritise their OT security strategies. Seth Enoka, Principal Industrial Incident Responder, Dragos, talks us through the research and […]

Bad actors innovate, extort and launch 9.7M DDoS attacks in 2021, according to report

NETSCOUT Systems has announced findings from its bi-annual Threat Intelligence Report. During the second half of 2021, cybercriminals launched approximately 4.4 million Distributed Denial of Service (DDoS) attacks, bringing the total number of DDoS attacks in 2021 to 9.75 million. These attacks represent a 3% decrease from the record number set during the height of […]

Illumio expert on confronting modern ransomware with Zero Trust segmentation

Modern ransomware uses advanced attack techniques that make it difficult to detect and remediate, resulting in greater financial implications for many organisations. To have a chance of getting ahead of attackers, defences also need to evolve. Here, Trevor Dearing, Technical Director, EMEA, Illumio, highlights how Zero Trust segmentation can stop ransomware in its tracks, as […]

Pure Storage enables organisations to close the ransomware security gap

Pure Storage, an IT pioneer that delivers Storage-as-a-Service in a multi-cloud world, has addressed the state of ransomware security among modern businesses, highlighting the importance of backup and recovery to build a comprehensive data protection strategy.  Ransomware attacks are becoming increasingly common in today’s digital world, presenting a frequent and expensive risk to businesses everywhere. In fact, Cybersecurity Ventures predicts […]

How ransomware is destabilising cyber insurance – and what to do about it

With the rise of Ransomware-as-a-Service (RaaS) techniques, double extortion attacks and the low cost of ransomware kits, unsustainable loss ratios have convulsed the insurance market. Thom Langford, Global Security Advocate at SentinelOne, discusses why in order for businesses to protect themselves from ransomware, they need to stop choosing between investing in a better security stack […]

Barracuda report reveals evolving ransomware attack patterns

Barracuda has released its third annual threat research report on ransomware. Barracuda researchers identified and analysed 121 ransomware incidents that occurred between August 2020 and July 2021 and saw a 64% increase in attacks, year over year. Cybercriminals are still heavily targeting municipalities, healthcare and education, but attacks on other businesses are surging: Attacks on […]

Proofpoint’s State of the Phish Report reveals ransomware and phishing attack trends

Proofpoint, a leading cybersecurity and compliance company, has released its seventh annual State of the Phish report, which explores enterprise phishing experiences and provides an in-depth look at user awareness, vulnerability, and resilience. More than 75% of surveyed infosec professionals said their organisations faced broad-based phishing attacks-both successful and unsuccessful-in 2020, and ransomware infections impacted 66% […]

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