APT groups are increasingly deploying ransomware – and that’s bad news for everyone

The blurring of lines between cybercrime and APT attacks underscores the increasingly fluid and multifaceted nature of today’s cyberthreats. There was a time when the boundary between cybercrime and advanced persistent threat activity was rather easy to discern. Cybercriminals were fuelled solely by the profit motive. And their counterparts in the government carried out mainly … More APT groups are increasingly deploying ransomware – and that’s bad news for everyone

MOVEit hack update: BBC, BA and Boots issued with ultimatum by cyber gang Clop

BBC reports* that a prolific cyber crime gang has issued an ultimatum to victims of a hack that has hit organisations around the world. The Clop group posted a notice on the dark web warning those affected by the MOVEit hack to email them before 14 June or stolen data will be published. More than … More MOVEit hack update: BBC, BA and Boots issued with ultimatum by cyber gang Clop

MOVEit hack: BBC, BA and Boots among cyber attack victims

BBC reports* that The BBC, British Airways, Boots and Aer Lingus are among a growing number of organisations affected by a mass hack. Staff have been warned personal data including national insurance numbers and in some cases bank details may have been stolen. The cyber criminals broke into a prominent piece of software to gain … More MOVEit hack: BBC, BA and Boots among cyber attack victims

Cybersecurity risks and challenges facing the financial industry

A primer on various threats looming over financial companies and the steps that these organizations can take to counter them. Companies operating in the financial services industry aren’t by any means strangers to being targeted by various forms of financial crimes and fraud. However, over time, the playing field has changed and threat actors have … More Cybersecurity risks and challenges facing the financial industry

US gov’t warns against paying off ransomware attackers

Companies facilitating ransomware payments run the risk of facing stern penalties for violating US regulations. The COVID-19 pandemic has been accompanied by a surge in ransomware attacks targeting the computer systems of organizations in various industries, with an increasing number of victims opting to pay the ransom in an effort to resume operations as soon as possible. … More US gov’t warns against paying off ransomware attackers