InfoSecBulletin Cybersecurity for mankind
Sophos, the world’s leading cyber security firm, has recently released its annual report. The State of Ransomware 2023 report found a slight decrease in the rate of ransomware attacks in Asia Pacific and Japan (APJ) last year.
According to the latest survey, 68 percent of organizations have fallen victim to ransomware, up from 72 percent the previous year. Of the 71 percent of organizations exposed to ransomware surveyed, 49 percent paid a ransom to encrypt information or data, which is slightly lower than last year’s rate of 55 percent, but higher than the 2023 global average of 47 percent.
Hackers Exploit Zimbra Mail Servers: TeamViewer patched 5 critical flaws
Google Warns of Hackers Actively Exploiting Citrix 0-Day Flaws
CISA Warns Critical MikroTik RouterOS Flaw While Cisco SD-WAN Zero-Day Exploited in Attacks
Apple Zero-Day Exploited: Pentagon Data Breach Reportedly Exposes Sensitive Data of 3 Million People
JadePuffer Agentic AI targets and destroys Azure’s cloud resources
“InfoSecCon-2026: Bangladesh’s Cybersecurity Leaders Unite to Shape a Safer Digital Future”
Microsoft Patches CVSS 10.0 Azure AI Foundry Vulnerability Allowing Privilege Escalation
AWS is unable to restore access to Bahrain, one UAE cloud data zone after war damage
Cisco Warns of Critical ISE 0-Day Flaw and Hackers Allegedly Selling Fortinet FortiGate 1-Day Flaw
Anthropic prepares “Claude Money” to analyze bank account and financial data
ALSO READ:
Elon Musk’s Neuralink gets permission to put chips in people’s heads
Global studies show that when an organization pays a ransom to decrypt their data, their costs double. While it costs $375,000 to back up the organization’s information, it costs $750,000 just to restore the data. Even after paying the ransom, it takes relatively long time to recover the data. 45 percent of organizations that backed up recovered their data within a week. On the other hand, 39 percent of organizations that paid the ransom required more time.
After analysis, the main causes of ransomware attacks for APJ organizations are attacks on vulnerable systems (in 37 percent cases) and compromised credentials (in 28 percent cases). These aspects of the attack are highlighted in the incident response section of Sophos’ 2023 Active Adversary Report for Business Leaders report.
