Ransomware shows no sign of slowing down as the average ransom paid to cybercriminals by organizations that fall victim to these attacks has nearly tripled over the last year.
Remote Desktop Protocol (RDP) became a hot target for cybercrime as businesses shifted to remote work due to the COVID-19 pandemic. A year later, the trend shows no sign of slowing.
According to researchers at Cofense, a campaign began circulating in March that capitalized on Americans’ interest in the forthcoming $1,400 relief payments and other aid.
MITRE Engenuity will assess commercial cybersecurity products’ ability to detect the threat posed by the groups commonly known as Sandworm and Wizard Spider, who use data encryption in their attacks.
The latest cash injection attracted many returning investors, including Alphabet’s GV and Intel Capital, alongside new backers such as Silver Lake Waterman and T. Rowe Price Associates.
Security researchers found proof of malicious activity by MuddyWater APT that has aimed at UAE and Kuwait government agencies by utilizing the ScreenConnect remote management tool.
A wealthy British art collector was hit by a BEC attack costing him ~$8.35m. It had been sent to the family office that managed his finances by criminals impersonating a genuine art dealer.
A new report from cybersecurity company Trend Micro found that the pandemic was the main theme of nearly 16.5 million threats and attacks launched against its customers in 2020.
The FBI has published its annual report on cybercrime affecting victims in the U.S., noting a record number of complaints and financial losses in 2020 compared to the previous year.
Socure announced Tuesday that it has raised $100 million in a Series D funding round at a $1.3 billion valuation. The round was led by Accel, with participation from existing backers.