Tuesday , May 21 2024

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Damage Costs Predicted To Exceed $265 Billion By 2031
Ransomware expected to attack every 2 seconds by 2031

Ransomware

Ransomware damage costs are predicted to exceed $265 billion by 2031, and it is expected to be the fastest growing type of cybercrime, affecting a business, consumer, or device every 2 seconds by that year, according to Cybersecurity Ventures. A report from Cybersecurity Ventures predicted that ransomware damages would increase …

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ALERT CISA WARNS
Black Basta ransomware breached over 500 orgs worldwide

black basta

CISA, FBI, HHS, and MS-ISAC released a joint Cybersecurity Advisory called #StopRansomware: Black Basta. It provides tactics, techniques, procedures, and indicators of compromise used by Black Basta ransomware affiliates, identified through FBI investigations and third-party reporting. Black Basta is a type of ransomware called ransomware-as-a-service (RaaS). It was discovered in …

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Cyber Attack On Data Center Cooling Systems results disruption

data center

According to cybersecurity analysts at Dragos, while cloud adoption offers many benefits for industrial companies , it also poses certain risks. The core operational risks relate to interruptions in data center cooling systems. Data centers use building automation and management systems (BAS/BMS) to control important aspects like temperature. Places like …

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UK confirms Ministry of Defence payroll data exposed in data breach

ministry of defence

The UK government confirmed that hackers recently broke into the country’s Ministry of Defence and accessed part of the Armed Forces payment network. The system that was attacked contained personal data of active and reserve personnel and some recently retired veterans. MoD core network unaffected: Defense Secretary Grant Shapps announced …

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