Kaspersky has reported that over 57,000 ransomware attacks were detected in Southeast Asia during the first half of 2024, with Indonesia accounting for the highest number of incidents. In addition to Indonesia, where 32,803 incidents were blocked, the Philippines experienced 15,208 ransomware attacks, and Thailand saw 4,841 cases. In Malaysia, 3,920 attacks were recorded, followed…
61% of healthcare companies experienced a cloud cyberattack in the yr2023, with 86% of these attacks resulting in financial losses or significant damages. Healthcare remains top amongst favorite for Cybercriminals, 14M patients affected in the U.S. have been affected by data breaches in 2024 so far, reports SonicWall . 91% of the healthcare data breaches…
Star Health India’s biggest health insurer, on Saturday said it had received a ransom demand of $68,000 from a cyberhacker in connection with a leak of customer data and medical records. Star, which has a roughly $4 billion market cap, is battling a reputational and business crisis since Reuters reported on Sept. 20 that a…
With its rapidly expanding digital infrastructure and increasing dependence on technology, India has become a prime target for ransomware attacks. As the world’s fifth-largest economy, India faces a unique ransomware threat that arises from the widespread adoption of technologies that lack proper security—and cybercriminals have taken notice. The result? Organised ransomware groups have shifted their…
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…
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…
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…
Dutch cybersecurity firm Eye Security has reportedly raised $39 million to expand throughout Europe. The company’s funding round was led by JPMorgan Chase’s growth investment arm, The Wall Street Journal (WSJ) reported Sunday (March 10), noting that the financing is happening amid a jump in ransomware attacks. The report, citing information from the European Digital SME Alliance, said that such…
There has been a tremendous surge in cyber attack on Indian organizations and govt entities like the AIIMs in the year 2023 most of which has been accounted to Ransomware attack. The number of cyber attack cases in India increased by 15% per week on an average in 2023 as per Check Point and emerged…
Veeam recently released insights from the company’s 5th annual Veeam Data Protection Trends Report 2024 While companies say they will spend more trying to fend off cyber-attacks, the survey found IT leaders are feeling even less protected and more concerned about their ability to recover and restore mission-critical data. Respondents shared that cyber-attacks remain the…
