The ransomware is rudimentary with basic functionalities, likely having been created by an inexperienced developer — but it’s effective at locking up files and sucking up memory capacity. A ransomware strain coined “ShadowRoot” has been found targeting Turkish businesses through phishing attacks. The phishing emails contain a PDF attachment disguised as an invoice with embedded…
A much-trumpeted deal between Microsoft and Group 42 in the Middle East and Africa could be quashed due to geopolitical concerns, as US policymakers raise questions about Group 42’s relationship with China, highlighting challenges US companies face in forging business ties in the region. Despite assurances from Group 42 that it is cutting all military…
SANS-GIAC Workforce research report for the year 2024 is based on a first-of-its-kind survey that analyzed the cybersecurity workforce with the goal of identifying the key factors to successfully build high-performing cybersecurity teams. The report focuses on efforts to hire and retain mid-level cyber security professionals The survey results analysed in this report zero in…
Joe Levy, who has been serving as acting CEO since 15 February, brings nearly three decades of experience in cybersecurity product development and leadership to his new role. Levy also spearheaded the creation of SophosAI and Sophos X-Ops, an operational threat intelligence unit comprising over 500 cybersecurity operators and threat intelligence experts. Sophos said this…
Kaspersky has identified ransomware attacks using Microsoft’s BitLocker to attempt encryption of corporate files. The threat actors are using VBScript – a programming language used to automate tasks on Windows computers – to create a malicious script with previously unreported features to maximize the damage of the attack, Kaspersky Global Emergency Response team reports. The…
RBI deputy governor Swaminathan J said the potential impact of a cyberattack on a bank’s operations, reputation, and financial stability cannot be “overstated”, as he emphasised the need for proactive risk mitigation strategies. Speaking at the Conference of Heads of Assurance of Urban Cooperative Banks here on Thursday, the deputy governor said that in the…
CybeReady, a global leader in autonomous cybersecurity learning, today announced an impactful new feature to its SaaS-based Cybersecurity Learning Platform: a cutting-edge Poster Studio designed to support CISOs in educating employees about a vast array of security threats. The innovative tool enables the creation of customizable educational posters to address critical issues such as phishing,…
The UK, US and Australia have sanctioned the Russian leader of cyber-crime gang LockBit. UK, US and Australia sanction Russian leader of cyber-crime gang LockBit LockBit were one of the most prolific ransomware groups in recent years, responsible for attacks on over 200 UK businesses and major public service providers UK and Allies crack down…
With cyber threats evolving at an unprecedented pace and regulatory requirements becoming increasingly stringent, Zeron, a Mumbai based cybersecurity startup, has launched India’s first advanced Cyber Quantified model called Quantified Business Exposure to Risks (QBER) for BFSI companies. As the inaugural CRQ model from India, QBER sets a new standard for cyber risk quantification, offering…
RaaS market disruption The ransomware-as-a-service (RaaS) market is getting disrupted, which has armed hackers with easy-to-use, off-the-shelf, and affordable ransomware solutions. The market, which has witnessed the disappearance of big players for over two years, is getting populated with ‘Junk Gun’ ransomware on the dark web The new family of ransomware is attracting ‘buyers’ because…
