A year after the WannaCry ransomware attack impacted an estimated 200,000 victims, new research has revealed that organizations across the UK are still struggling to deal with ransomware. Webroot surveyed over 400 IT decision makers at UK businesses and found that 45 percent of those surveyed had suffered a ransomware attack, with nearly a quarter (23 percent) actually paying the ransom….

Despite Growing Threats, Many Organizations Still Unprepared The vast majority of organizations still lack a formal cybersecurity incident response plan (CSIRP) that’s applied consistently across the organization, according to a new report from the Ponemon Institute. Paradoxically, the institute’s third annual study on cyber resilience found that organizations feel much more positive about their readiness than they did last…

Ransomware detection and recovery tools and techniques are getting better. Unfortunately, so are ransomware developers. They are making ransomware harder to find and encrypted files harder to recover. One advantage that security operations have had over ransomware is that it’s predictable. It works in a linear fashion, which gives security tools and teams an opportunity…

Cofense released the 2018 Cofense Malware Review, detailing the trends that defined malware attacks in 2017 and the emerging trends for network defenders to prioritize in 2018. While a couple of high profile breaches stole the spotlight in 2017, Cofense’s global security team uncovered a number of less visible evolutions that dramatically changed the threat…

A newly discovered ransomware family is generating a different encryption key for each of the encrypted files but saves none of them, thus making data recovery impossible. Dubbed Thanatos, the malware was discovered by MalwareHunterTeam and already analyzed by several other security researchers. When encrypting files on a computer, the malware appends the .THANATOS extension…

The Online Trust Alliance (OTA) found that cyber incidents targeting businesses nearly doubled from 82,000 in 2016 to 159,700 in 2017. Since the majority of cyber incidents are never reported, OTA believes the actual number in 2017 could easily exceed 350,000. “Surprising no one, 2017 marked another ‘worst year ever’ in data breaches and cyber incidents around the world,”…

McAfee released its McAfee Labs Threat Report: December 2017, examining the growth and trends of new malware, ransomware, and other threats in Q3 2017. McAfee Labs saw malware reach an all-time high of 57.6 million new samples – four new samples per second – featuring developments such as new fileless malware using malicious macros, a…