Ransomware and data breaches pose a massive risk to organizations, resulting in loss of customer trust and shareholder value, reputation damage, hefty fines, and penalties. Cyber risk is a top concern in US corporate boardrooms, elevating the role of the chief information security officer to rapid prominence. More than half (61%) of CISOs report to […]
Cyber News, Cyber Threat Trends
Ransom Cartel, a ransomware-as-a-service (RaaS) operation, has stepped up its attacks over the past year after the disbanding of prominent gangs such as REvil and Conti. Believed to have launched in December 2021, Ransom Cartel has made victims of organizations from among the education, manufacturing, utilities, and energy sectors with aggressive malware and tactics that […]
Cyber News, Cyber Threat TrendsAs businesses aim to spend more on cybersecurity, Fastly warns that many do so without a clear strategy
Cyber News, Cyber Threat Trends
The Australian government has passed a bill that markedly increases the penalty for companies suffering from serious or repeated data breaches. To that end, the maximum fines have been bumped up from the current AU$2.22 million to AU$50 million, 30% of an entity’s adjusted turnover in the relevant period, or three times the value of […]
Cyber News, Cyber Threat TrendsA Canadian man has revealed that the company he chose to provide security for his home was carelessly exposing the private information for other customers, even after he warned them about the problem. Read more in my article on the Hot for Security blog.
Cyber News, Cyber Threat TrendsA further 67% were hit by ransomware in past year
Cyber News, Cyber Threat TrendsFree certificate authority serves over 300 million websites
Cyber News, Cyber Threat TrendsMillions of OT devices may be affected
Cyber News, Cyber Threat Trends
Researchers have disclosed details of three new security vulnerabilities affecting operational technology (OT) products from CODESYS and Festo that could lead to source code tampering and denial-of-service (DoS). The vulnerabilities, reported by Forescout Vedere Labs, are the latest in a long list of flaws collectively tracked under the name OT:ICEFALL. “These issues exemplify either an
Cyber News, Cyber Threat Trends