Numerous recent sources have been indicating a resurgence for ransomware in 2023, and perhaps the best evidence yet comes from a new Chainalysis report: for the first time ever, global ransomware payments topped over $1 billion in cryptocurrency.
Cyber Security
Cyber criminals, state-sponsored hackers and even the occasional disgruntled employee are constantly looking to gain unauthorized access for a variety of purposes: theft of money, cyber espionage, personal information for sale or for use in scams, and damage to critical infrastructure for just a few of the most common.
So how does an organization mitigate an entire world full of continual cyber attacks? Just as buildings have a number of necessary elements of physical security: access control, cameras, alarms and so on; there are similar key elements of cyber security that are absolutely vital for just about any modern business.
It starts with identifying and closing the most common doors that attackers use. For example, phishing attacks on employees are far and away the most common initial point of entry. The breach of even a low-level employee account can quickly turn into an escalation in access privileges and the ability to reach sensitive information. This is also true of smart devices, which are generally more poorly secured than computers and phones.
The data breach is thought to impact about 33 million people in total, or nearly half of the country's total population of about 67 million. Both of the data breach subjects are third-party payment providers for France’s medical insurance industry.
Personal and financial information for at least 57,000 parties doing business with Bank of America was exposed in a third party data breach in late October of last year. Infosys McCamish Systems (IMS), an insurance process management services provider, is the third party that was compromised.
A Verizon insider data breach has impacted employee data of 63,206 employees. incident occurred when a Verizon employee violated company policy by gaining unauthorized access to a file containing workers’ personal information.
According to a new joint warning published by the CISA, NSA and FBI, exploits by the Chinese hackers have been going on for at least five years in some victim critical infrastructure environments.
Popular remote monitoring and management software firm AnyDesk has suffered a cyber attack that compromised its production systems and leaked source code and code signing certificates.
Clorox reported a total of $49 million in incremental expenses related to the attack, with Johnson Controls reporting data breach costs of nearly $27 million. This money went to remediation costs such as third party contracting, as well as added operating costs due to disruptions.
An INTERPOL-led global law enforcement operation has taken action against 1,300 ransomware, phishing, and malware command-and-control (C2) servers and the arrest of dozens of suspects.
A Hong Kong deepfake scam that netted HK$200 million made use of a fake video conference with multiple company executives. The employee that was targeted reportedly did suspect fraud at first, but nevertheless ended up making a total of 15 bank transfers.
The Russian ransomware gang ALPHV/BlackCat has threatened to leak 300 GB of top-secret and classified military documents it stole from a Pentagon contractor.










