Cyber incident impact sits at over $500,000 for half of small to medium APAC businesses

51% of Asia Pacific small to medium-sized businesses that were hit with a cyber incident in the past year saw the cost of that incident exceed $500,000, according to a survey conducted by Cisco.

Cybercrime matures as hackers are forced to work smarter

An analysis by Kaspersky of 500 hacking incidents across a wide range of industries has revealed trends that characterize a maturity in the way hacking groups operate today.

81% of UK Healthcare Organizations Hit by Ransomware in Last Year

As per a survey of 100 cybersecurity managers in the health sector by Obrela Security Industries, 38% of UK healthcare organizations have elected to pay a ransom demand to get their files back.

Is Karma an Evolutionary Rebranding of Nemty?

Is Karma an Evolutionary Rebranding of Nemty? - Cybersecurity news - Trends, Reports, Analysis
In new research, security experts suggest that Karma ransomware is an evolved or rebranded version of a long chain consisting of multiple malware variants. But, Is Karma the new Nemty? Experts reveal more in this report.

Trickbot Grows Fierce, Joins Hands With New Threat Groups

Trickbot Grows Fierce, Joins Hands With New Threat Groups - Cybersecurity news - Trends, Reports, Analysis
The TrickBot gang reportedly added two affiliates dubbed Hive0106 (aka TA551) and Hive0107 to inflict attacks on corporate networks. Looking at the rise in attack attempts, researchers urge enabling multi-factor authentication as a top strategy to safeguard themselves from such threats.

Siloed security data hamper the ability to achieve collective defense

In a new Cyware study, conducted by Forrester, 64% of respondents noted that sharing cyber threat intelligence between their organizations’ SOC, incident response, and threat intel teams is limited.

Five game-changing factors for companies dealing with ransomware attacks

The latest cloud-based file storage platforms not only enable more flexible sharing of information, but they also ensure forensic assessment and surgical recovery from attacks.

Increased activity surrounding stolen data on the dark web

Breach data received over 13,200 views in 2021 vs. 1,100 views in 2015 — a 1,100% increase. In 2015, it took 12 days to reach 1,100 link views — in 2021, it took less than 24 hours to surpass that.

Trust and security in a cyber pandemic

Cybercrime is now a large and diverse enterprise that could be financially motivated, or nation-state-supported, or both. No one entity can fight cybercrime threats on its own.

Multi-factor authentications soar as enterprises move away from passwords to secure hybrid workers

Enterprises are taking steps to move away from passwords and adopting low-friction authentication methods to protect the hybrid workforce, a Cisco’s Duo Security report reveals.

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