The average cost of a ransomware attack in 2020 was approximately $761,000. The average cost of remediating a ransomware attack has more than doubled in the last 12 months. Remediation costs, including business downtime, lost orders, operational co
A few days after the Colonial Pipeline was attacked, a former law enforcement source close to the company told Red Sky Alliance that law enforcement officials used a cyber type ‘dye pack’ to track the Bitcoin Colonial ransom payment. A traditional d
The infamous cybercrime organization known as Evil Corp may be running cyberespionage operations on behalf of a Russian intelligence agency, security consulting company Truesec reports. Active since at least 2009 and also referred to as TA505, the h
The US Justice Department (DOJ) is creating a task force to tackle the growing threat of ransomware and related extortion schemes targeting school districts, hospitals and others, according to an internal department memo that began circulating the th
- Red Sky Alliance identified 42,687 connections from new unique IP addresses
- 79 unique email accounts compromised with Keyloggers
- Analysts identified 3,334 new IP addresses participating in various Botn
It is estimated the over five billion unique user credentials are circulating on Darknet forums, with cybercriminals offering to sell access to bank accounts as well as domain administrator access to corporate networks. Researchers discovered that m
We have all been told not to take candy from strangers. The FBI is warning not to take USB’s from them either. The FBI has recently warned businesses are being targeted by a new campaign from the infamous Fin7, or Carbanak Group. Also known as the Na
The Zeus Sphinx banking trojan is back after being off the scene for nearly three years. According to cyber researchers at IBM X-Force, Sphinx (a.k.a. Zloader or Terdot) began resurfacing in December 2019. However, the researchers observed a signific
A recent mobile phishing campaign targeting customers of more than a dozen North American banks, included: Chase, Royal Bank of Canada and TD Bank, Scotiabank, CIBC, Royal Bank of Canada, UNI, HSBC, Tangerine, TD Bank, Meridian, Laurentian, Manulife,
Wolters Kluwer NV (WKNV) develops software that support small and midsized international accounting firms. During a weekend in May of 2019, a cyberattack took down their software and currently present an interesting case study on how firms should
Hackers are using “SWIFT monetary transfer” themed files to lure users into opening them. These files have been identified malicious. Wapack Labs studied a sample group of SWIFT-themed malicious files during a 30 days period in February-Marc
US federal authorities have identified successful spearphishing campaigns directed at college and university students, especially during periods when financial aid funds are disbursed in large volumes. In general, the spearphishing emails re
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