The year ransomware became one of the top threats to enterprises

On Feb. 5, employees at Hollywood Presbyterian Medical Center in Los Angeles, California, started having network access problems that prevented electronic communications. Over the next few days, they learned that the hospital was the victim of a ransomware attack that encrypted files on multiple computers. After several days during which staff had to resort to pen…

Highly lucrative Ransomware as a Service attacks poised to accelerate in 2017

Ransomware can be likened to global warming. It’s been around for years, but it’s now becoming an epidemic which needs serious attention. According to a recent survey conducted by Osterman Research, nearly 50% of U.S. companies experienced a “ransomware incident” over the last year. Without taking into account the number of unreported ransomware incidents, the…

DDoS attacks via WordPress now come with encryption

Kaspersky Lab experts have noted an emerging trend – a growth in the number of attacks using encryption. Such attacks are highly effective due to the difficulty in identifying them amongst the overall flow of clean requests. Recently, the company encountered yet more evidence of this trend – an attack exploiting vulnerabilities in WordPress via…

BrandPost: Emerging cybersecurity vulnerabilities

One unfortunate aspect of human psychology involves how people tend to deal with potential threats. As long as the threats are more abstract than actual, all too often we reason that there’s no rush to build defenses against them. Only after a threat materializes and does actual harm do we start to really take it…

Overconfidence is putting organizations at higher risk for attacks

In the past twelve months, roughly one in three targeted attacks resulted in an actual security breach, which equates to two to three effective attacks per month for the average company, according to Accenture. Still, a majority of security executives (75 percent) surveyed are confident in their ability to protect their enterprises from cyberattacks. Accenture…

Hacking forum cuts section allegedly linked to DDoS attacks

An online hackers’ forum has deleted a section that allegedly offered paid distributed denial-of-service attacks, following last Friday’s massive internet disruption. HackForums.net will be shutting down the “Server Stress Testing” section, the site’s admin Jesse “Omniscient” LaBrocca said in a Friday posting. “I do need to make sure that we continue to exist and given…