How impactful will the recent Lockbit disruption be? The most prolific ransomware entity to date have averaged 26.2% of global attacks, and are still posting victim leaks at a similarly high volume. With many speculating that Lockbit's dominance could decline, we've analysed the data on the prior instances where threat groups of a comparable influence (REvil, Conti and Hive) were shut down or disbanded. In that context, we've also included a snapshot of Lockbit's current competitors, such as 8Base, Hunters and BianLian amongst other, indicating their relative influence so far in 2024. 👉 Dive into our review and join the dialogue on the future of cyber threats: https://lnkd.in/eZPXtUi2 #ransomware #cybernews #cybersecurity
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Grab your coffee here's a quick 5 minute read from JUMPSEC's Sean Moran on, Lockbit Disrupted: Ransomware Trends Update ☕ #ransomwareawareness #infosec #cybersecurity #cybernews #ransomware
How impactful will the recent Lockbit disruption be? The most prolific ransomware entity to date have averaged 26.2% of global attacks, and are still posting victim leaks at a similarly high volume. With many speculating that Lockbit's dominance could decline, we've analysed the data on the prior instances where threat groups of a comparable influence (REvil, Conti and Hive) were shut down or disbanded. In that context, we've also included a snapshot of Lockbit's current competitors, such as 8Base, Hunters and BianLian amongst other, indicating their relative influence so far in 2024. 👉 Dive into our review and join the dialogue on the future of cyber threats: https://lnkd.in/eZPXtUi2 #ransomware #cybernews #cybersecurity
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Emerging Cyberthreat! Agniane Stealer, a disturbing new addition to the dark web arsenal. This stealer malware is engineered to stealthily infiltrate and extract sensitive data, including crypto information. Learn more from our partners at Zscaler in their latest ThreatLabz report: https://hubs.la/Q020tgrh0 #Cybersecurity #DataProtection
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Recently, the infamous ransomware gang ALPHV (A.K.A. BlackCat) has made headlines yet again. The group breached MeridianLink's network earlier this month and later proceeded to report them to the US Securities and Exchange Commission (SEC) for not announcing that it had been breached. While ransomware gangs have previously been known to blackmail their victims by threatening to report the breach to regulatory organisations, this appears to be the first public example of a group publicly following through with the act. This story highlights the continued evolution of strategies used by cyber attackers and underpins the overall need for a proactive fortification of cyber security. #ALPHV #Ransomware #Cybersecurity
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A few years ago I spoke to someone about a similar problem. They told me that cyber security was simple: you just had to ensure it cost more to break into Computer Systems than it was worth. I pointed out that an attacker may well have a tool that greatly reduces the cost or a reason to access the data that makes it far more valuable. For instance, the cost of hacking into Windows systems was greatly reduced by the leaking of Eternal Blue and many targets of the WannaCry ransomware based on it were not specifically targeted. Another problem is that exactly what 'value' means differs between attackers. A hacktivist may well deface a website not to create value for them but to pursue what they perceive as the greater good. An industrial espionage campaign will probably spend more per system than a cryptojacker. https://lnkd.in/embhuP_W #cybersecurity #cyberinsurance
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Are you ready to unlock the full potential of post-quantum security? 🛡️🔐 Look no further than Quantum Knight's ICE-IT. Our state-of-the-art encryption solutions protect all your private data, safeguarding it against any cyber threat. With Quantum Knight by your side, you can confidently navigate the digital age! Explore the transformative power of ICE-IT and secure your digital future today: https://lnkd.in/eRvZQ_er #QuantumEra #Cybersecurity
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🌐 Understanding LockBit 3.0: The Ransomware Making Headlines 🌐 Curious about LockBit 3.0 in the news? Here's a breakdown: - LockBit 3.0, aka "LockBit Black," is a prominent and dangerous ransomware group known for its Ransomware-as-a-Service (RaaS) model, offering tools to other cybercriminals for a cut of the ransom payments. - LockBit 3.0 stands out for its impact and tactics, engaging in high-profile cyber attacks across industries, showcasing adaptability and evolution in techniques. - The group's prolific nature stems from the RaaS model, aiding in expanding their reach, advanced evasion techniques for detection avoidance, and a diverse target range from financial services to healthcare sectors. Great article on the topic by Trend Micro for further reading: https://lnkd.in/dpckxCpx #CyberSecurity #Ransomware #LockBit #CyberAttack #penetrationtesting #RansomwareProtection #CyberAware
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No business with an online presence is immune to cyberattacks, and the financial, physical, and legal implications of an attack can be devastating. See how cybersecurity solutions shield your organization from unauthorized access, data breaches, and various other cyber threats. Read article: https://bit.ly/3IydBdN Connect with us to know more: https://lnkd.in/gu82sgiv #TTBS #Bank #SmartDigitalSolutions #CyberSecurity #Tata #digitalinfratech
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May 12th will be International Anti-Ransomware Day and to raise awareness to the growing threat that ransomware poses to organizations of all sizes, #Kaspersky has released new research revealing that a full third of all cyber incidents in 2023 were in fact #ransomware. The report sheds light on the escalating threat of targeted ransomware groups, which have seen a 30% increase globally compared to 2022, along with a 71% surge in known victims. Its worth a read and if you have questions about how to best protect against ransomware or any cyber attack, please reach out to me https://lnkd.in/gT26DZQE
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The financial sector is a prime target for cybercrime. Data from BSSN reveals an average of 42 attacks per second, totaling 888,711,736 attacks throughout 2021, with approximately 23% occurring within the financial sector. This underscores the grave threat posed by cybercrime in the financial sector, which also aligns with Rp. 1,433 trillion in financial losses in 2020 (according to the IMF). Prevent cyber attacks on your environment by mitigating threats with SecurXcess cybersecurity services, offering 24/7 protection for your business, ensuring peace of mind. #SecurXcess #CyberSecurity #CyberAttack
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5moI think it will be interesting to see over the next 12 - 18 months which of the competitor criminal organisations attempt to step into their shoes?