Legitimate activity is growing more quickly than illicit activity, but stolen funds and ransomware activity continued to rise in 2024
Cybersecurity threats have grown in scope and size with government and enterprises having to adopt a comprehensive approach to protect their digital assets
As the MENA region faces a rise in cybercrime, Illumio explains how a ‘Zero Trust’ approach can help protect enterprises at scale
Apart from ransomware, different hacker groups often use multiple attack vectors when looking to target the financial sector
The average cost to recover from the most recent ransomware attack in 2021 was $1.26m
The New York Federal Reserve noted a report that financial firms experience cyberattacks 300 times more than other industries
Cyberattacks targeting critical industries such as power, oil and gas, mining, can be motivated by more disruptive or destructive intents
Organisations in the sector need an additional $2.61m to tackle the vulnerability lag caused by Covid-led digital transformation, says Veritas
Runtime protection, where all runtime actions are monitored, is the optimal solution for protecting your business from cybercrime
As enterprise and government agency leaders continue maturing their digital transformation efforts, they’re recognising the business enabler that is cybersecurity
According to Mimecast’s State of Email Security 2021 Report, 78 per cent of UAE respondents admitted to a business impact due to a ransomware attack in the past 12 months
Evidence has emerged that techniques deployed in the SolarWinds supply chain attack have already been adopted by ransomware gangs – a trend likely to continue
Despite the perception they are too small to target, SMBs are increasingly vulnerable due to supply-chain attacks and greater use of automation by ransomware groups
Study says only 17% of the victims got all their data back
Survey by Sophos reveals the impact of ransomware on organisations
Cybercrime now worth 2.8 times more than the illegal drugs trade
Canon appears to have refused to pay ransom
Canon’s email, Microsoft Teams, US website, and other internal applications are affected
Garmin has obtained the decryption key to recover its computer files
Investigators believe that the virus was a type of ransomware called Snake