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From sophisticated nation-state campaigns to stealthy malware lurking in unexpected places, this week’s cybersecurity landscape is a reminder that attackers are always evolving. Advanced threat groups are exploiting outdated hardware, abusing legitimate tools for financial fraud, and finding new ways to bypass security defenses. Meanwhile, supply chain threats are on the rise, with open-source

Bank Info Security 1 year, 5 months ago

Ransomware: Victims Who Pay a Ransom Drops to All-Time Low

Incident Response Firm Reports 25% of Victims Paid - Typically for a DecryptorThe slice of organizations opting to pay extortion after being hit by ransomware dropped to an all-time low of 25%. Underpinning the drop is a combination of better defenses, improved business resilience as well as organizations simply deciding to not pay criminals.

Law enforcement arrested two operators of the LockBit ransomware gang in Poland and Ukraine, created a decryption tool to recover encrypted files for free, and seized over 200 crypto-wallets after hacking the cybercrime gang's servers in an international crackdown operation. [...]

Law enforcement arrested two operators of the LockBit ransomware gang in Poland and Ukraine, created a decryption tool to recover encrypted files for free, and seized over 200 crypto-wallets after hacking the cybercrime gang's servers in an international crackdown operation. [...]

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