Blockchain data platform Chainanalysis has reported that cybercriminals have seen a 40 per cent fall in their earnings as more people have refused to pay the ransom following ransomware attacks. More Strains With Shorter Lifespans However, the number of unique ransomware strains being used in attacks increased dramatically in 2022 (Fortinet). Also, Chainanalysis reports that ransomware lifespans are dropping….
Proofpoint researchers have reported finding a way that attackers could use a Microsoft 365 loophole to launch ransomware attacks. The method involves using compromised SharePoint Online or OneDrive accounts to reduce the (user-configurable) setting for the number or saved versions in SharePoint Online or OneDrive. Attackers can then encrypt files in those drives so that they are unrecoverable, have…
A study by security firm ‘Proofpoint’ has revealed that 82 per cent of UK organisations whose systems were infected by ransomware in 2021 opted to pay the ransom. Much Higher Than The Global Average Despite cybersecurity and government agencies warning against paying, Proofpoint’s ‘2022 State of the Phish’ report states that this UK figure for 2021 is the highest…
UK, US, and Australian cyber experts are warning of a “growing wave of increasingly sophisticated ransomware attacks”. Lindy Cameron, the chief executive of the UK National Cyber Security Centre (NCSC), has warned that ransomware is “a rising global threat with potentially devastating consequences”. Businesses can get advice about how to prevent and protect against ransomware at the NCSC ransomware hub…
