#Ransomware

UAE ransomware

Over 59% of UAE organisations surveyed were hit by ransomware in 2021 – research

The average cost to recover from the most recent ransomware attack in 2021 was $1.26m

Financial

Is the financial sector still on cybercriminals’ radars?

The New York Federal Reserve noted a report that financial firms experience cyberattacks 300 times more than other industries

Dragos

How cybersecurity firm Dragos is at the forefront of addressing industrial cyberthreats

Cyberattacks targeting critical industries such as power, oil and gas, mining, can be motivated by more disruptive or destructive intents

Getty Images

Financial services companies may be vulnerable to ransomware for another two years

Organisations in the sector need an additional $2.61m to tackle the vulnerability lag caused by Covid-led digital transformation, says Veritas

Protection, not cure, is the key to fending off ransomware criminals

Runtime protection, where all runtime actions are monitored, is the optimal solution for protecting your business from cybercrime

Raising the curtain on the notion of prevention

As enterprise and government agency leaders continue maturing their digital transformation efforts, they’re recognising the business enabler that is cybersecurity

Rise in ransomware spell end of business-as-usual

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

Cybersecurity

Global IT executives fear trickle-down of nation state cyberattacks

Evidence has emerged that techniques deployed in the SolarWinds supply chain attack have already been adopted by ransomware gangs – a trend likely to continue

Cybercriminals narrow their focus on SMBs: Acronis Report

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

Kaspersky: Over half of ransomware victims paid off attackers in 2020

Study says only 17% of the victims got all their data back

A quarter of firms in MEA face dire cybersecurity skills gap

Survey by Sophos reveals the impact of ransomware on organisations

Cybercrime worth $1.5 trillion a year: Thales report

Cybercrime now worth 2.8 times more than the illegal drugs trade

Canon data leaked by Maze ransomware group

Canon appears to have refused to pay ransom

Canon suffers ransomware attack, hackers threaten data dump if not paid

Canon’s email, Microsoft Teams, US website, and other internal applications are affected

Garmin restores some services, a week after a ransomware attack

Garmin has obtained the decryption key to recover its computer files

honda-hq

Cyber-attack forces Honda to halt production at a few of its factories

Investigators believe that the virus was a type of ransomware called Snake