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Ransomware Attack Demands Reach a Staggering $5.2m in 2024
According to a new analysis by Comparitech, the average ransom demand per ransomware attack in the first half of 2024 was over $5.2m (£4.1m). This was calculated from 56 known ransom demands issued by threat actors during that period.
Cyber-Insurance Premiums Decline as Firms Build Resilience
Cyber insurance premiums have seen significant reductions in price due to improved cybersecurity measures implemented by organizations. Despite an 18% increase in ransomware incidents, premiums have decreased in 2023/24.
Cyber-Insurance Premiums Decline as Firms Build Resilience
Cyber insurance premiums have seen significant reductions in price due to improved cybersecurity measures implemented by organizations. Despite an 18% increase in ransomware incidents, premiums have decreased in 2023/24.
Preparing for Q-Day as NIST Nears Approval of PQC Standards
Q-Day, the day when a quantum computer can break modern encryption, is approaching rapidly, leaving our society vulnerable to cyberattacks. Recent advancements in quantum technology suggest that Q-Day is coming sooner than expected.
How Hacked YouTube Channels Spread Scams and Malware
The most common attack methods against YouTube channels involve phishing attacks to steal login credentials, exploiting weak or reused passwords, and even bypassing two-factor authentication by stealing session cookies.
New Intel CPU Vulnerability ‘Indirector’ Exposes Sensitive Data
Modern CPUs from Intel, including Raptor Lake and Alder Lake, have been found vulnerable to a new side-channel attack that could be exploited to leak sensitive information from the processors. The attack, codenamed Indirector by security researchers Luyi Li, Hosein...
How MFA Failures are Fueling a 500% Surge in Ransomware Losses
The cybersecurity threat landscape has witnessed a dramatic and alarming rise in the average ransomware payment, an increase exceeding 500%. Sophos, a global leader in cybersecurity, revealed in its annual "State of Ransomware 2024" report that the average ransom...
Report: Cyber Workforce Grows 15% at Large Organizations
Large organizations have significantly bolstered their cybersecurity workforce in 2024, with an average of one expert dedicated to cybersecurity for every 1,086 employees in companies with over $1 billion in revenue, as per a report by Wavestone.
Indonesia Arrests Over 100 Foreigners in Bali Suspected of Participating in Cybercrime
Over a hundred foreign nationals suspected of committing cybercrimes were arrested in a villa raid on Bali. Among the arrested, 14 were Taiwanese citizens, but the identities of the others are unknown, although all held Taiwanese passports.
Google Thwarts Over 10,000 Attempts by Chinese Influence Operator
Google has revealed that it blocked over 10,000 instances of Dragon Bridge activity in the first quarter of 2024, labeling it the most prolific influence operator it tracks.
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