Category: Uncategorized

Ransomware Picture: Volume of Known Attacks Remains Constant

ICYMI: Massive Profit Potential and Robust Initial Access Market Keep Fueling Ecosystem Ransomware syndicates continue to earn massive profits for criminals while disrupting victims’ operations worldwide. Security researchers tracking known victims say their numbers remain unchanged from 2021 to 2022, as attackers tap abundant cybercrime services to help amass fresh victims.http://dlvr.it/Sh80cF

Sophos to Lay Off 10% of Workers Amid Shift to MDR Services

ICYMI: Axing 450 Workers Represents Second-Largest Workforce Reduction In All of Security Sophos will execute the second-largest round of layoffs of any security company in the current economic downturn, axing 450 workers amid a shift to services. Sophos plans to reduce its staff by 10% as it moves to balance growth and profitability in a…
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Ransomware Remains Top Cyberthreat, Former NCSC Chief Says

Ciaran Martin Warns High-Profile Attacks Will Increase in 2023 The former head of the U.K.’s National Cyber Security Centre warns that destructive ransomware targeting large enterprises is likely to surge in 2023, adding that recent attacks on Royal Mail and The Guardian newspaper are examples of these early-stage attacks.http://dlvr.it/Sh7WT6

Ransomware Picture: Volume of Known Attacks Remains Constant

Massive Profit Potential and Robust Initial Access Market Keep Fueling Ecosystem Ransomware syndicates continue to earn massive profits for criminals while disrupting victims’ operations worldwide. Security researchers tracking known victims say their numbers remain unchanged from 2021 to 2022, as attackers tap abundant cybercrime services to help amass fresh victims.http://dlvr.it/Sh521x

Sophos to Lay Off 10% of Workers Amid Shift to MDR Services

Axing 450 Workers Represents Second-Largest Workforce Reduction In All of Security Sophos will execute the second-largest round of layoffs of any security company in the current economic downturn, axing 450 workers amid a shift to services. Sophos plans to reduce its staff by 10% as it moves to balance growth and profitability in a challenging…
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LockBit Ransomware Group’s Big Liability: ‘Ego-Driven CEO’

ICYMI: Ransomware Researcher Jon DiMaggio Probes LockBit’s Business Operation and Behavior The notorious LockBit 3.0 ransomware group runs just like a business, focusing on recruiting top talent and maintaining an advanced product – which has led to the group’s longevity. But the operators’ insecurities could be key to the group’s undoing, says security researcher Jon…
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Thinking of Hiring or Running a Booter Service? Think Again.

Most people who operate DDoS-for-hire businesses attempt to hide their true identities and location. Proprietors of these so-called “booter” or “stresser” services — designed to knock websites and users offline — have long operated in a legally murky area of cybercrime law. But until recently, their biggest concern wasn’t avoiding capture or shutdown by the…
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How FIDO2 Can Streamline Passwordless Tech, Account Recovery

ICYMI: Superlunar’s Nick Steele on How Passkeys, Conditional UI Benefit Credential Sharing The FIDO2 standard has driven the adoption of multifactor authentication as well as the embrace of passkeys and conditional UI, says Superlunar’s Nick Steele. FIDO2 will help users adopt passwordless flows while protecting websites with public key credentials in a way that hadn’t…
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