Search videos: #ransomwareattacks
Partial Encryption
The emergence of partial encryption as a strategy to make cybercrime even more profitable is a concerning trend that has the potential to significantly impact organizations and individuals alike. While traditional ransomware attacks involve encrypting all of a victim's files, making them inaccessible until a ransom is paid, partial encryption selectively encrypts only a portion of the data. This approach offers several advantages for cybercriminals, making it an attractive option for increasing their profits.
Encryption is a tried-and-true strategy for malware actors. Malware within the victims’ systems leaves their data in place but completely inaccessible. Attackers then demand a price to unlock the data so that victims can resume business as usual. In a second-tier strategy, in the event that victims refuse to pay, attackers can still make money by selling the compromised data.
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2:55 Scammers draining bank accounts with electricity bills
3:28 #HP plans to offer refurbished laptops in India in order to empower students
4:05 #Meta to launch broadcasting channels on Messenger and Facebook
4:36 #Instagram Reveals New Creative Tools For GenZ Users
5:00 India's first RedCap technology is successfully tested by Airtel and Ericsson
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Partial EncryptionBy VARINDIA| 145 views
AI to bolster security
Future of security is something we need to look at with a different lens altogether. Globally, technology is something which is changing fast. Rapid changes because of AI, because of Gen AI, because of cloud getting spread across, technology is coming to the personal domain. Technology is coming to the domains where it was not there earlier.
Cyber security is one of the most pressing and challenging issues, and opportunities in today's time. As per data from CERT-In, there were 13.91 lakh cyber security incidents reported in 2022.
In fact, in one of the most recently published Digital Defense Report, 2023, it was pointed out that India is one of the top three most targeted countries in APAC by nation state actors.
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2:25 Google to manufacture Pixel smartphones in India
2:50 #Delhi govt legalises bike taxis and mandates battery-driven vehicles
3:25 #Google Pay announces consumer and merchant lending products
3:50 #Amazon using AI-powered robots to reduce delivery time
4:20 PM Modi to inaugurate India's 1st RAPIDX today
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AI to bolster securityBy VARINDIA| 179 views
The future cyber security landscape
We have witnessed how the cyber criminals delivered a wave of cyber-attacks that were not just highly coordinated, but far more advanced than ever before seen. As technology continues to evolve, new avenues of innovation open up, yet they also introduce complex challenges in terms of security.
Simple endpoint attacks became complex, multi-stage operations. Ransomware attacks hit small businesses and huge corporations alike. Crypto mining attacks gave cyber criminals an easy foothold into company networks. 2022 was a year of massive data leaks, expensive ransomware payouts, and a vast, new, complicated threat landscape. And it was a year that saw cyber criminals up their threat game in a big way.
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2:45 #MadrasHighCourt temporarily prevented Google from removing 14 apps from the Play Store
3:20 #Bitcoin falls below $26,000 as risk-averse investors abandon it
4:05 L&T rents a 4-acre plot of land to Amazon Data Services in Mumbai's Powai
4:58 #Apple holds a 25.38% market share in India's tablet market
5:36 X will disable account blocking
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The future cyber security landscapeBy VARINDIA| 83 views
Cybersecurity attacks - ‘still alive and well’
#Cybersecurityattacks are still a significant concern and remain a persistent threat in today's digital landscape. Despite advancements in security measures, cybercriminals continue to evolve their tactics, exploit vulnerabilities, and target individuals, organizations, and even governments.
The rapidly expanding digital infrastructure, increased connectivity, and the growing reliance on technology have created new opportunities for cyber attackers. They employ various techniques such as malware, phishing, ransomware, social engineering, and distributed denial-of-service (DDoS) attacks to compromise systems, steal sensitive data, disrupt services, and extort money.
Cybersecurity attacks are still alive and well in 2023. In fact, they are becoming more sophisticated and targeted than ever before. This is due to a number of factors, including the increasing use of technology in our everyday lives, the growing sophistication of cybercriminals, and the increasing value of data.
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3:27 TCS investing in AI capabilities including products and platforms
4:08 #Twitter Blue subscribers to have up to 1 hour to edit tweets
4:37 Amazon planning to offer an ad-based tier on Prime Video
5:08 #Zomato starts experimenting with generative AI
5:40 #Google Pay to support Aadhaar-based authentication for UPI
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#varindia #technews #newshour #news #cybersecurity #datasecurity #cyberattacks #onlinecBy VARINDIA| 151 views
"The Growing Global Impact of Ransomware Attacks: Risks, Damage, and Solutions"
#Ransomware attacks are a type of #cybercrime where hackers encrypt an individual or organization's data and demand payment, usually in cryptocurrency, in exchange for the decryption key.
Ransomware attacks have become more common and sophisticated in recent years. As technology advances and more devices become connected to the internet, the potential attack surface for cybercriminals also increases. This could lead to a higher number of successful ransomware attacks, further driving up the damage costs.
Disaster recovery and data protection will play a crucial role in 2023. With ransomware attacks constantly garnering headlines, organizations should get used to the fact that it is impossible to prevent ransomware attacks entirely. Moreover, with the rise of Ransomware as a Service (RaaS) over the past couple of years, global ransomware damage costs are predicted to exceed $265 billion by 2031.
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2:52 New WhatsApp feature to let users lock chat
3:22 #Google's Bard to switch to a more powerful language model
3:58 Market valuation of BYJU's, Swiggy slashed by US-based investors
4:37 #Ericsson completes transfer of IoT business to Aeris
5:13 Dentsu Global Services appoints Ashish Khanna as CEO
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#ransomware #cybersecurity #ransomattack #ransomwareawareness #cybercrime #malware #datasecurity #protectyourdata #globalcrisis #cyberattack #cybersecurityawareness #staysafeonline #computersecurity #cyberBy VARINDIA| 158 views
Innovative security solutions
The need for innovative security solutions to inform governance arises from the growing complexity and sophistication of security threats in today's digital landscape. As the world becomes increasingly connected and reliant on technology, the number of potential attack vectors and vulnerabilities also increases. This presents a significant challenge for governments, who must protect their citizens, data, and critical infrastructure against a range of cyber threats.
#Cyberthreats, supply chain, and ransomware attacks are growing in severity and intensity during board meetings. Organizations need holistic global threat intelligence and innovative security solutions to inform the governance and tools organizations they invest in for cyber risk reduction.
The impact of security breaches can be severe, ranging from financial loss, reputational damage, and disruption of critical services. Therefore, it is essential that governments implement innovative security solutions to stay ahead of the threats and protect their citizens and infrastructure.
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2:05 Rajesh Gopinathan resigns as TCS CEO, K Krithivasan takes over
2:40 #BSNL’s rural broadband pilot to be extended to 5 lakh homes
3:15 #Microsoft unveils AI-powered 365 Copilot assistant
3:55 After iPhones, Foxconn may manufacture Airpods in India
4:30 Govt plans incentive scheme to help Indian cloud startups
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Innovative security solutionsBy VARINDIA| 127 views
CISOs Are Stressed Out
#Ransomwareattacks will continue to rise in 2023. In today’s threat landscape no one’s systems are safe and there’s no signs of cybercriminals slowing down these efforts. Humans are the weakest link when it comes to security.
After surveying #CISOs of small to midsize businesses, Cynet discovered 65% report their ability to protect their organization is compromised because of work overload, with nearly 100% admitting they need additional resources
The report says after surveying chief information security officers (CISOs) at small to midsize businesses with security teams of five employees or less to better understand their levels of work-related stress and how their mental health is impacting their work life and personal life. Cynet found 94% of CISOs report being stressed at work, with 65% admitting work-related stress issues are compromising their ability to protect their organization. Among the CISOs surveyed, 100% said they needed additional resources to adequately cope with current IT security challenges.
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2:18 Xbox head announces no exclusivity on any gaming platform post Microsoft – Activision deal
2:55 US cybersecurity strategy names China, Russia as the most prominent threats
3:28 #Foxconn to ‘mega’ invest in Telangana for creation of one lakh jobs
4:00 #Data protection bill gets approved by Parliamentary panel
4:32 WH Smith hit by a cyber-attack
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CISOs Are Stressed OutBy VARINDIA| 93 views
Security and Risk Management Spending
The increase in adoption of digitalization, cloud applications and the rise in remote workers exposes Indian organizations to greater security risks. In addition, growing concerns on the rising number of ransomware attacks coupled with stringent government measures on digital data protection and security breach reporting are pressing chief information security officers (CISOs) to increase their security and risk management spending for 2023.
End-user spending on security and risk management in India is forecast to total $2.65 billion in 2023, an increase of 8.3% from 2022, as per Gartner. Security Services to remain a Key Spending Priority for Indian CISOs in 2023.
Like 2022, security services will remain the segment that will achieve the highest levels of end-user spending in India in 2023. Security services spending is expected to represent 40% of overall end-user spending on security and risk management products and services in 2023.
Secondly, many organizations in India lack in-house security capabilities, and as result, they engage security consulting and IT outsourcing companies to meet their requirements.
In 2023, spending on infrastructure protection will surpass spending on network security equipment because of an increase in the remote workforce and in cloud applications adoption. Both are shifting focus from network security to endpoint security, which is a sub-segment of the infrastructure protection segment, forecast to grow 13.5% in 2023.
In addition, cloud security end-user spending in India is forecast to experience the highest growth rate among all the other segments in 2023. The segment is projected to grow 25.8% in 2023 as Indian organizations increasingly switch to cloud workloads and applications.
Going forward, as organizations in India continue to do business online and are exposed to more attacks on their internet-connected applications, CISOs must focus their spending on aBy VARINDIA| 85 views
RaaS: Threat to Security World
The world today is facing the biggest #cybersecurity threat that is #Ransomware, with the potential to significantly affect whole societies and economies – and the attacks are unrelenting.
The impetus to the sudden recent spike in ransomware attacks, was the dramatic shift from a linear attack model, to an insidious multi-dimensional Ransomware-as-a-Service model. Overall, there is a 51% increase in ransomware incidents reported in 2022-H1 compared to previous year 2021.
Ransomware-as-a-Service ecosystem is evolving with sophisticated double and triple extortion tactics [Data exfiltration, DDoS] and a wide range of ransomware campaigns through affiliates. This is leading to higher probability of monetization and further rise in attack campaigns. Ransomware as a Service is an adoption of the Software as a Service business model.
Like all Software-as-a-Service solutions, Ransomware-as-a-Service users don't need to be skilled or even experienced, to proficiently use the tool. Ransomware-as-a-Service solutions, therefore, empower even the most novel hackers to execute highly sophisticated cyberattacks. Ransomware-as-a-Service solutions pay their affiliates very high dividends.
Threat actors are continuing to exploit known vulnerabilities, compromised credentials of remote access services and phishing campaigns for initial access into the infrastructure of organizations as well as citizens.
Reputable Ransomware-as-a-Service developers create software with a high chance of penetration success and a low chance of discovery. Once the ransomware is developed, it is modified to a multi-end user infrastructure. The software is then ready to be licensed to multiple affiliates. The revenue model for Ransomware-as-a-Service solutions mirrors Software-as-a-Service products, affiliates can either sign up with a one-time fee or a monthly subscription. Some Ransomware-as-a-Service solutions don't have monetary entry requireBy VARINDIA| 71 views
Ransomware redefining crime
The romance of ransomware attacks with local self-governing bodies is not new. When WannaCry had been declared dead and gone for long, it resurfaced in quite a few municipalities in the US in 2019 and some of them ended up paying ransom. Now, the similar story seems to be getting re-enacted, this time its Canada. With the recent attack on 22ndJuly, a post on LockBit’s dark web site listed townofstmarys.com as a victim of the ransomware and previewed files that had been stolen and encrypted. All it seems that, #ransomware IS REDEFINING CRIME.
The Canadian town of St. Marys, Ontario, has been hit by a ransomware attack that has locked staff out of internal systems and encrypted data. The small town of around 7,500 residents seems to be the latest target of the notorious LockBit ransomware group. The notorious ransomware gang locked the internal servers and encrypted the data of St. Marys, a town in southwestern Ontario.
#Cyberattackers who launch these malwares demand a ransom from the victims in order to not compromise their data. The town’s Mayor Al Strathdee said. “We have a skilled and knowledgeable team of Town staff, cyber security experts and legal counsel working around the clock to resolve any issues related to this incident,”
The threat becomes significant as not only individuals but private or government organizations, businesses or even entire towns and cities can get under attack and lose control over their data.
Critical municipal services such as fire, police, transit, and water/wastewater systems were unaffected by the incident and are operating as usual. The visitors of St Mary’s website are greeted with a message saying the town is investigating a cyber security incident that locked an internal server and encrypted the data. The LockBit cartel gave the town a deadline to pay the ransom or have their data published online.
According to reports, no ransom has been paid as of yet and the town asserts that thBy VARINDIA| 103 views
Ransom has taken quantum leap
#Ransomware is executed in a variety of ways, for different reasons and motives. The technology also carries risks however. It may lead to a new wave of #cybercrime, as quantum computers can crack even the most elaborate forms of encryption in use today. This takes a quantum leap in the cyber world.
Ransomware has quickly become the most prominent and visible type of malware. Ransomware attacks are on the rise but few people understand the hidden costs beyond that of the initial extortion payment. This can include response and restoration expenses, legal fees and monitoring costs.
The sophistication of these ransomware groups even extends to the targeting of victims and how a ransom figure is decided as well as the negotiation techniques they use to exact maximum financial gain.
As per the report from CPR has monitored a 24% increase in ransomware attacks Year-over-Year to organizations globally. The weekly average of impacted organizations stands at one in 53 versus one in 66 in the same period of 2021.
Over the years, cybercriminals have perfected their processes in defining extortion demands and developed sophisticated techniques for negotiation with victims, with the aim of exacting the maximum level of ransom payment that the victim organization can afford.
Sophos research finds an increase of 94% between 2021 and 2022. More than two-thirds healthcare organisations in the US said they had experienced a ransomware attack in 2021, up from 34% in 2020. In the US, ransomware attacks on healthcare have become particularly common. 41% of such attacks globally have been carried out against US based firms in 2021.
The increase has just not been only in numbers but there is also growing sophistication of these attacks. The current situation is terrible. Ransomware has led to health care disruptions.
As per #cybersecurity company Trellix, over half of adversarial advanced persistent threat actor activity origBy VARINDIA| 138 views
76% of Organizations Admit to Paying Ransomware Criminals with OneThird Still Unable to Recover Data
Businesses are losing the battle when it comes to defending against ransomware attacks, according to the Veeam 2022 Ransomware Trends Report, which found that 72% of organizations had partial or complete attacks on their backup repositories, dramatically impacting the ability to recover data without paying the ransom. Veeam found that 80% of successful attacks targeted known vulnerabilities — reinforcing the importance of patching and upgrading software. Almost all attackers attempted to destroy backup repositories to disable the victim’s ability to recover without paying the ransom. The report reveals the results of an independent research firm that surveyed 1,000 IT leaders whose organizations had been successfully attacked by ransomware at least once during the past 12 months, making it one of the largest reports of its kind. The first of its kind study examines the key learnings from these incidents, their impact on IT environments and the steps taken to implement Modern Data Protection strategies that ensure business continuity moving forward. The research project specifically surveyed four IT personas (CISOs, Security Professionals, Backup Administrators and IT Operations) to understand cyber-preparedness alignment across organizations. Ransomware has democratized data theft and requires a collaborative doubling down from organizations across every industry to maximize their ability to remediate and recover without paying the ransom. Experts say paying cybercriminals to restore data is not a data protection strategy. There is no guarantee of recovering data, the risks of reputational damage and loss of customer confidence are high, and most importantly, this feeds a self-fulfilling prophecy that rewards criminal activity.
The survey further says that, the majority (76%) of cyber-victims paid the ransom to end an attack and recover data. Unfortunately, while 52% paid the ransom and were able to recover data, 24% paid the ransom but were still not ableBy VARINDIA| 123 views
Non clarity of Spam and Fake accounts in Twitter leads Elon Musk to hold deal
The $44-billion deal for Twitter Inc. Is temporarily on hold, citing pending details in support of calculation that spam and fake accounts indeed represent less than 5 per cent of users, tweets Elon Musk. His tweet says that one of his priorities would be to remove "spam bots" from the platform. However, hours later, he said he was still committed to buying Twitter. "Still committed to acquisition," wrote Musk, after his earlier message had seen the firm's share value plunge. With the announcement, shares of Tesla surged 4%. Whereas, Tesla shares have lost about 25% of their value since Musk disclosed a stake in Twitter on April 4. Meanwhile, Twitter stock plunged 10% after Musk's announcement. Experts say, the spread between the offer price and the value of Twitter shares had widened in recent days, implying less than a 50% chance of completion, as investors speculated that the downturn would prompt Musk to walk away or seek a lower price. The issue could be, Musk wants to cut the price, having realized he is massively overpaying. And he wouldn’t be wrong in thinking that. Whereas, the Twitter board has no reason to agree to a price reduction. The spread between the offer price and the value of Twitter shares had widened in recent days, implying less than a 50% chance of completion, as investors speculated that the downturn would prompt Musk to walk or seek a lower price.
The fake twitter account generator could create a photo that looks exactly like a real account on twitter with the information you fill in. Available versions from pc to mobile, ios or android operating system. Musk tweeted a Reuters story from ten days ago that cited the fake account figures. Twitter has said that the figures were an estimate and that the actual number may be higher. As Musk is targeting advertising revenue to more than double by 2028, Musk now either have to live with the existing deal, or walk away and accept the consequences. He can affoBy VARINDIA| 122 views
A zero-trust approach helps reduce cost
The data breach now costs organizations an average of $4.24 million, this is a 10% rise from the average cost in 2019 which was $3.86 million. The global average cost of cybercrime is expected to peak at US $6 trillion annually by the end of 2021, driven by the proliferation of ransomware attacks.
Ransomware as a service (RaaS) is a subscription-based model that enables affiliates to use already-developed ransomware tools to execute ransomware attacks. Affiliates earn a percentage of each successful ransom payment. Ransomware as a Service (RaaS) is an adoption of the Software as a Service (SaaS) business model. The report by Ponemon Institute and IBM Security takes into account hundreds of cost factors from legal, regulatory, and technical activities, loss of brand equity, customer turnover, and drain on employee productivity. The report encourages businesses to reduce data breach costs by addressing cybersecurity risks and improving overall security posture. Cybercrime costs include damage and destruction of data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, embezzlement, fraud, post-attack disruption to the normal course of business, forensic investigation, restoration and deletion of hacked data and systems, and reputational harm. The average cost of a breach was $1.76 million less at organizations with a mature zero trust approach, compared to organizations without zero trust. Data breaches can be far more than a temporary terror — they may change the course of your life. Businesses, governments, and individuals alike can experience huge complications from having sensitive information exposed.
Zero Trust is the Architecture of the Future. Whether you are offline or online, hackers can get to you through the internet, Bluetooth, text messages, or the online services that you use. Without proper attention to detail, a small vulnerability can cause a massive data breach. Since many people aBy VARINDIA| 114 views
Attackers have started using much more advanced modes of cyberattacks
Attackers started using much more advanced modes of cyberattacks to compromise enterprises. Now most of the enterprises are facing challenges with the growing newer way of cyberattacks, where the industry is not ready yet. The quick shift towards remote and hybrid working resulted in a cyber pandemic, cybercriminals noticed great opportunities to exploit vulnerable enterprises and obtain illegal profits. Companies of all sizes suffer from ransomware, spyware, and other attacks that not only cause financial losses but also damage the brand image. The cybersecurity threat landscape has been evolving at a rapid pace. Every day we hear about companies across industries suffering cyberattacks such as ransomware, phishing, and data thefts. It is often observed that enterprises get compromised even after investing a significant amount of resources on security technologies, and more often than not, the attack is detected much after the event. Apart from the usual ransomware and phishing which appear to be the most prominent cyber threats, a lot of state-sponsored activities, snooping, and spyware continue to be big threats in the cyber world today. Secondly, the Ransomware attacks have also changed such that it not only encrypts the data but it also steals it. This combination of data theft and ransomware has fuelled the rise in cyberattacks. The way organizations were structured they were not prepared for Work From Home. They continue to face additional challenges where personal assets are being used for professional purposes and vice versa.
The pandemic and concepts like Work From Home have worsened the security challenges for all enterprises. Earlier, the antivirus solutions were capable of blocking malware and thus preventing the harm that they might cause to the system or network. Today, the attackers use much more advanced modes of cyberattacks to compromise enterprises. One fundamental shift that happened post-COVID, was enterprises are moving towards the cBy VARINDIA| 130 views
What’s on the horizon for cybersecurity in the coming year ? | Trending News | Technology | New 2022
What’s on the horizon for cybersecurity in the coming year ? | Trending News | Technology | New 2022
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The pandemic continues to affect the way we work, socialise, shop and conduct business but there will be massive focus on cybersecurity. The growing challenges into cyber terrorism across the globe are likely to start coming up with their own distinctive national laws on cybersecurity. Some of the early movers who have worked up and come up with dedicated laws on national cyber security include China, Vietnam, Singapore and Australia. The year 2022 is likely to see more nations coming up with their own distinctive national laws on cybersecurity. This assumes more significance because of the tremendous number of cyber-attacks that are taking place. In fact, the year 2022 will see the multiplying of the cyberattacks. Today, cyber-attacks are being engaged in by both state and non-state actors and there are an immense number of legal policy and regulatory issues pertaining to cyber-attacks. Tackling a cyber-attack becomes a distinctive problem. A cyberattack can be originated from one part of the world and targeted at computer systems and communication devices in another country in another part of the world. With the ever-increasing use of social media and mobile apps worldwide, come great opportunities for hackers to steal others’ identities and information.
Ransomware attacks will continue to keep on increasing. Every 11 seconds, one company, anywhere in the world becomes a victim of a Ransomware Attack and as time passes-by in the year 2022 this position is likely to get worse. Currently, the economic loss that the world is facing as a result of cybercrime and cybersecurity breaches is phenomenal and these particular loss figures will continue to keep on increasing. Hence, more nation-states in the year 2022 are likely to come up with new mechanisms so as to minimise the potential losses cBy VARINDIA| 109 views
Beware of cyber threats to be witnessed in 2022
In 2021, we saw a dangerous increase in #ransomwareattacks, causing devastating compromises to government organizations, critical infrastructure, and businesses. The sophistication and scale of cyber-attacks will continue to break records and we can expect a huge increase in the number of ransomware and mobile attacks. The year 2021 being one of the worst years for cybercrime — and 2022 is expected to be even worse. The year 2022, Ransomware will successfully hit a cloud service provider that houses business systems. They will lock up both the backup and the operations making it very hard not to pay the ransom. We saw how the AWS outages last month were able to cripple businesses, and we can be sure that bad actors took notice as well. In 2022, cyber operatives will successfully hit a mid-market financial institution -- and in their wake, they will disclose that they stole a significant amount of money. When the disclosure is public, AI-powered chatbots, mimicking human behaviours on social media, will create global sentiment issues about the stability of banks by posting misinformation online and sharing news stories that appear legitimate. In 2022, we can expect to see an increase in similar cryptocurrency related incidents and attacks, because of this, market models -- powered by artificial intelligence that surfs the Web looking for leading indicators -- quickly become overwhelmed with the negative press and process "sell" orders for the financial sector writ large, causing people to panic and withdraw funds and/or flood the system with requests causing a mini Black Swan event.
Secondly, Extended Reality (XR) will experience its first major hack. In 2022, we will begin to see XR -- which includes AR, VR and MR -- used to conduct global gatherings without travel, hug the sick and the lonely remotely, train children in a way that's more emotionally supportive while remote, and more. XR thrives on collecting every detail about you to ensureBy VARINDIA| 174 views
AI can be leveraged for cyberattacks
#HarnaazSandhu #MissUniverse2021 #AntonioNeri
Leverage cyber resilience into IT security
Security is moving higher on the agendas of boards of directors. At a time when most budgets are shrinking, worldwide security spending is expected to grow 8.1% annually and hit $174.7 billion by 2024, according to IDC. There's a good reason for this. Major data breaches and crippling ransomware attacks can rise to the level of natural disasters — often bringing business to a standstill and damaging the brand, customer loyalty, partner relationships and more. It’s startling, but the projected cost of cybercrime — an estimated $6 trillion in 2021 — represents “the greatest transfer of economic wealth in history,” according to Cybersecurity Ventures. It is time to leverage cyber resilience into your IT security, operations and culture. Whether you need help migrating to the cloud, protecting data with a Zero Trust strategy or managing your security operations center, it is time for the tech companies to handle security so you can focus on your business. Much of today’s security isn’t built to face modern challenges. It’s too slow, and reactive to threats rather than proactive. Threats grow more complex every day, and existing cybersecurity offerings struggle to keep up. There’s a steady stream of new malware created every single day.
There is a dramatic surge in ransomware attacks that has targeted critical national infrastructure. Protecting the organization and users against advanced targeted threats such as malware, phishing, and data exfiltration becomes exponentially more difficult. Check Point Research (CPR) warns of potential ransomware attacks, as it sees samples of Emotet fast-spreading via Trickbot. Emotet is a strong indicator of future ransomware attacks, as the malware provides ransomware gangs with a backdoor into compromised machines. CPR spotted more than 140,000 victims affected by Trickbot all around the globe since the botnet takeBy VARINDIA| 146 views
Cyber threats are mounting with untraceable digital transactions led by cryptocurrency
#Cryptocurrencies #Cybercrime #NSE
Cryptocurrencies & Cybercrime to go hand in hand
It is believed that #cryptocurrencies like #Bitcoin, #Ethereum, #Binance and USDT will change the future of global finance, which affects how we secure these securities in the future. But with a rise in cryptocurrency, comes the added risk of cybercrimes that only proper crypto cybersecurity can solve. There are now a vast number of different types of cryptocurrencies in use, and more are coming up every day. However, these digital assets are decentralized, unregulated, and independent, operating free of central banks. This makes an excellent opportunity for cybercriminals. Cybercriminals can hack into cryptocurrency trading platforms and steal funds. They can attack any business and ask for ransom in digital currencies as this form of cybercrime is untraceable, and no evidence leads back to the perpetrators. The technology that stands behind cryptocurrency allows both institutions and people to make transactions without the need for banks, governments, and other intermediaries. The decentralization of cryptocurrency is an excellent opportunity for cybercriminals. Cryptocurrency is already the most preferred form of exchange in cases of ransomware attacks.
With cryptocurrencies spreading across the business world, cybercrime has become a real threat. While cryptocurrency might be the dawn of a new age, cybercrime is also on the surge. It comes in many forms, from ransomware to email scams. It is estimated that 33% of bitcoin trading platforms have been hacked. The best way to protect businesses from these cyber-attacks is by implementing proper crypto cybersecurity protocols and adopting zero-trust security models to make these transactions more secure. This makes them affordable and free of fees. However, every professional and business should be worried about cybersecurity. However, where there is a chance to make money, thereBy VARINDIA| 169 views
Global war on Ransomware
Will the global war on ransomware ever happen? Cyber Security remains to be the number one national security threat for the US since 2014 and by extrapolation for the world. A world which is a mosaic of countries existing for a variety of reasons, can they ever possibly understand a threat of this nature and respond accordingly. We have seen this happening in reaction to the Pandemic by any number of countries, till the time it got the better of us and we are still struggling with it. Over 30 countries have pledged to fight ransomware attacks in a US led global meeting. The US, the European Union and 30 other countries have understood the risk of ransomware and have decided to harden the financial system from exploitation with the goal of disrupting the ecosystem.
What does ransomware impact? From malign operations against local health providers that endanger patient care, to those directed at businesses that limit the ability to provide fuel, groceries, or other goods to the public, ransomware poses significant risk to critical infrastructure, essential services, public safety, consumer protection and privacy and economic superiority. FinCEN has tied $5.2 billion worth of outgoing Bitcoin transactions to 10 most commonly reported ransomware variants. In the first half of 2021 alone, ransomware-based financial activity is estimated to have channelized $590 million for the threat actors. The most commonly reported variants were REvil (aka Sodinokibi, Conti, Darkside, Avaddon, and Phobos.
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Awareness amongst the workforce to prevent Ransomware attacks is the need of the hour
#WhatsApp #Ransomware #Telegram
Humans are the weakest link among many attacks
#Ransomware is now one of the most potentially damaging — and prevalent — types of malware. With this lucrative crime, hackers break into a firm’s computer system, encrypting the data, which they will only release for a fee. A Sophos report revealed that the majority (83%) of IT teams in India said the number of phishing emails targeting their employees increased during 2020. Even government agencies are not spared. In February 2021, a number of senior Indian government officials, including those from the ministries of defence and external affairs, were targeted in a phishing campaign. According to the government officials, the attackers were using compromised government domain email accounts to launch their hacking attempts. Back in July 2020, a major Indian snacks manufacturer, Haldiram, faced a ransomware attack on its servers by hackers who allegedly encrypted all its files, data, applications and systems and demanded a ransom of 7 hundred thousand USD for giving access to the stolen data. Cybercriminals have now resorted to stealing information during an attack and threaten to publish this information on leak sites on the dark web or sell it, increasing the pressure for victims to pay the ransom.
In February 2021, India’s national airline, Air India, reported a cyberattack on their SITA passenger service systems containing personal identity information, passport data, ticket information, frequent flyer data and credit card information of about 4.5 million customers around the world. Cybersecurity Ventures predicts that ransomware damage costs will exceed $265 billion by 2031, with attacks on businesses, consumers, or devices occurring every two seconds. Whether the prediction is right or wrong, the message stays the same. Businesses need to plan, implement effective data protection and ransomware prevention solutions, and back up their data. WhilBy VARINDIA| 88 views
Ramsomeware-as-a-Service emerged as one of the world’s most notorious ransomware operators
#iPhone13 #ransomware #Telegram
RaaS - notorious ransomware operators
Cyberthreats are evolving rapidly and becoming more sophisticated and complex. Operators leverage real-world events to deceive individual victims, enterprises and governments all over the globe. Ransomware Evil or REvil is one of the latest Ransomeware-as-a-service (RaaS) operators. This criminal group provides adaptable encryptors and decryptors, infrastructure and services for negotiation communications, and a leak site for publishing stolen data when victims don’t pay the ransom demand. As per the observation of cases, REvil and its affiliates pulled in an average payment of $2.25 million during the first six months of 2021. Last month, it extracted $11 million payment from the U.S. subsidiary of the world’s largest meat packing company based in Brazil, demanded $5 million from a Brazilian medical diagnostics firm and launched a large-scale attack on dozens, perhaps hundreds, of companies that use IT management software from Kaseya VSA.
Unit 42, a response-ready global team comprising threat researchers and cybersecurity consultants, has been monitoring threat actors involved in ransomware attacks and has worked over a dozen REvil cases so far this year. Ransomware is going to dominate the cybercrime landscape. A report prepared by Unit 42 and The Crypsis Group incident response and digital forensics firm, notified several disturbing threat trends. In 2020, the average ransom payment by organisations increased nearly threefold ($1,15,123 in 2019 to $3,12,493 in 2020); the highest ransom payment doubled ($5 million in 2019 to $10 million in 2020), and the highest ransomware demand also doubled ($15 million in 2019 to $30 million in 2020). Industry data indicated healthcare was the most targeted and vulnerable sector in 2020 and the sector continues to be under further attacks by RaaS models. The need of the hour is an integrated platform using machine learning and arBy VARINDIA| 151 views
Why many feel difficulty in quantifying the investment into Social media
#SocialMediaMarketing #SupremeCourt #Pegasus
Social media marketing plays a critical role
Leading technology companies say, Social media platforms can be used for marketing to listen, analyse, publish, and engage across networks. Align your marketing, customer service, and sales efforts on social — strengthening customer relationships. There’s running social media campaigns, then there’s building real, meaningful relationships with your customers. With Social Studio’s social listening and analytics tools, you can discover what consumers have to say about your company, products, and the competition. With this information, you can run more effective social media marketing campaigns by driving the conversation. And not only that, you can use this information to make informed decisions about future product offerings. There is no idea how far this statement is true…
However, one can manage their social strategy from any device. Transform customer experiences by connecting social to the Customer Success Platform for a unified view of every customer. Sales and service teams can engage with fans and followers quickly and more efficiently on the customer's channel of choice. Many say that Social media marketing plays a critical role in overall marketing success in 2021, and social media analytics tools are a critical source of strategic marketing information. With so much consumer data being posted on social media every day, social listening tools have become a critical component in audience analysis, competitive research, and product research. A question arises, do you have a way to quantify the kind of ROI you are bringing in with each campaign or post on different social media channels?
The answer is very confusing, No idea who clicks and who likes, seems all we are paying for is increasing the likes. A social media expert says, you can buy the likes from the open market and certain websites are selling the liBy VARINDIA| 158 views
Can we build a better cybersecurity for the country
#Cybersecurity #PiyushGoyal #RajyaSabha
Building better Cybersecurity for the country
Automation and centralisation of money and power in tech platforms has added a new dimension to democratic system of governance which was already in crisis. Climate change has turned out to be a many-headed hydra, we have not even been able to fathom out. The “dark side of technology” is rapidly coming to light and the double-edged technology is showing up. The tech enabled data domination creating unassailable economic power is now crystal clear. The growing ransomware attacks disrupts businesses for significant periods—or even forces them to suspend operations or close. A growing population of highly capable cyber extortionists is developing new means to counter defenses and to increase the level of disruption they can inflict, constantly. Threats are widespread, they extend across industry and the public/private sector and they affect large and small businesses alike.
Security leaders must understand and counter new ransomware challenges, strengthen defenses across people, processes and technology and demonstrate why security is critical to the business strategy. Ransom demands are growing and becoming more customized—with threat actors assessing who is more likely to pay. If ransoms are paid, it can open the door to further criminality. Experts says, by 2022, there will be as many as 18 billion devices connected to the Internet of Things, according to Ericsson’s IoT forecast. They are the bedrock of the Fourth Industrial Revolution and Business 4.0 – where data and automation combine to create opportunities for businesses, while also enhancing customer experiences. While the benefits are clear: faster innovation, new products, and better business opportunities, connection on such a scale also creates cyber vulnerabilities that expose customers to risk because each device and each connection represents an opportunity for a would-be hacker to infBy VARINDIA| 150 views
Cyber Risk to critical Infrastructure mounting with single points failure
#cyberrisk #criticalinfrastructure #Apple
Critical Infrastructure to protect against Cyber Risk
A single point of failure (SPOF) is a part of an operation, that if it were to fail, could bring the entire operation to a halt or cause severe impact to other connected operations or society more broadly. SPOF exist in many operations and include hardware, software, mechanical infrastructure, assets, and key entities in supply chains. In most cases SPOF will impact the operation of the business itself such as the Southwest Airlines outage in 2016, where a single router failure caused the grounding of hundreds of the company’s flights over several days. Cyberattacks against critical infrastructure can take many forms including DDoS attacks, ransomware attacks, destructive malware attacks and unauthorized access to industrial control systems or hardware.
The increasing use of internet connected sensors, automated controls and remote access in critical infrastructure operations has inevitably led to a higher risk of cyberattacks aimed at these operations. However, the beginning of an alarming trend can be traced back to an attack that took place more than a decade ago. There were many historic critical infrastructure outages caused by natural catastrophe or system failure are at least somewhat useful in determining the consequences of cyberattacks on such infrastructure. Electricity is in itself very critical infrastructure, but all other critical infrastructure is also dependent on the power grid including water supply, energy supply, communication, transportation, healthcare, and banking. Finally, because cyberattacks are an entirely man-made threat, as opposed to the risks from natural hazards, motivation is an important factor in determining the probability of successful attacks.
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20अक्टूबर से 21जनवरी तक में मंगलदेव अपने नीच राशि कर्क में कर्क सिंह कन्या राशि पर क्या पड़ेगा प्रभावBy Daati Maharaj| 711 views
