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Ransomware trends: A threat to insurance business continuity

The evolving ransomware threat is jeopardising business continuity, prompting firms to reassess their cybersecurity and insurance strategies amidst rising attacks.

By Raj Sivaraju • 3 min read • Tue, 13th Aug 2024

Global Stories

Lockbit stories

Ransomware

OpenText reveals 2024 nastiest malware, LockBit leads list

OpenText's 'Nastiest Malware of 2024' list highlights LockBit as the top ransomware threat amid rising cybercrime targeting critical infrastructure.

By Kaleah Salmon • 2 min read • Mon, 11th Nov 2024

Ransomware

RansomHub becomes dominant ransomware group in Q3 2024

Ransomware activity rose by 2.3% in Q3 2024, with 'RansomHub' overtaking 'LockBit' as the most active group, according to ReliaQuest's latest report.

By Shannon Williams • 3 min read • Fri, 18th Oct 2024

Malware

Rise in ransomware groups reshapes cybersecurity landscape

Secureworks' latest report reveals a 30% rise in active ransomware groups, highlighting evolving cyber threats and increased complexity for network defenders.

By Shannon Williams • 3 min read • Thu, 10th Oct 2024

Malware

BlackBerry report: Cyber threats up 53%, critical sectors hit

Rreport reveals a 53% surge in new malware samples, detecting 11,500 daily threats, with 43,500 cyberattacks thwarted each day from April to June 2024.

By Shannon Williams • 3 min read • Mon, 30th Sep 2024

Email Security

Gen reveals 24% rise in ransomware attacks on consumers

Threat report shows that within the consumer threat landscape, a popular delivery technique is hiding ransomware payload in pirated content.

By Shannon Williams • 3 min read • Tue, 17th Sep 2024

Malware

AI-driven cybercrime spikes in Australia & NZ, warns Trend Micro

AI-driven cybercrime surges in Australia and NZ, warns Trend Micro; thousands of attacks detected, leveraging AI to breach security defences.

By Shannon Williams • 3 min read • Fri, 13th Sep 2024

Firewalls

Barracuda study shows healthcare sector most targeted by ransomware

New research by Barracuda Networks shows 44% of foiled ransomware attacks detected during lateral movement. Healthcare remains top target, up to 21% of incidents.

By Imee Dequito • 3 min read • Thu, 22nd Aug 2024

Ransomware

Ransomware attacks surge 58% in July, breaking records

Ransomware attacks surged by 58% in July, with 60 publicly disclosed incidents, marking a record-breaking month for cybercrime, according to Blackfog.

By Catherine Knowles • 3 min read • Sun, 18th Aug 2024

Ransomware

Ransomware attacks on industry double in 2024 second quarter

Ransomware attacks on the industrial sector nearly doubled in Q2 2024, with manufacturers hardest hit, reports cybersecurity firm Dragos.

By Melania Watson • 2 min read • Thu, 15th Aug 2024

Malware

Darktrace report: 56% of phishing emails bypass security checks

Darktrace reveals 56% of phishing emails bypass security checks. The latest report underscores the persistence of cyber threats and the increasing need for adaptive defences.

By Shannon Williams • 3 min read • Thu, 8th Aug 2024

Malware

Acronis report reveals 293% surge in email attacks H1 2024

Acronis' H1 2024 Cyberthreats Report reveals a 293% surge in email attacks and a 32% rise in ransomware, warning SMBs and MSPs of heightened cyber risks.

By Shannon Williams • 4 min read • Thu, 8th Aug 2024

Malware

Acronis reports 293% increase in email cyberattacks in H1 2024

Cybersecurity firm Acronis has identified a staggering 293% increase in email cyberattacks during the first half of 2024 compared to 2023.

By Kaleah Salmon • 4 min read • Fri, 2nd Aug 2024

Ransomware

ReliaQuest report notes 20% spike in ransomware Q2 2024

ReliaQuest's Q2 2024 report reveals a 20% surge in ransomware attacks. With 1,237 organisations hit, new players like RansomHub rise amid the RaaS disruption.

By Shannon Williams • 3 min read • Thu, 18th Jul 2024

Data Analytics

Cyber-attacks on TikTok & Indonesia prompt security discussion

Recent cyber-attacks on TikTok and Indonesia's national data centre have sparked urgent calls for enhanced cybersecurity measures to protect digital infrastructures.

By Kaleah Salmon • 3 min read • Wed, 3rd Jul 2024

Malware

BlackBerry cyber report reveals 3.1 million attacks in Q1 2024

BlackBerry's latest report reveals alarming rise in malware, with 3.1 million cyberattacks thwarted from Jan to Mar 2024—critical infrastructure, especially finance, severely hit.

By Catherine Knowles • 3 min read • Wed, 26th Jun 2024

Malware

BlackBerry thwarts 3.1 million cyberattacks in early 2024 report

BlackBerry's Q1 2024 report reveals unprecedented cyber threats, detecting 3.1 million attacks and a 40% rise in new malware, spotlighting surging global cybersecurity tensions.

By Imee Dequito • 4 min read • Wed, 26th Jun 2024