Data breaches, ransomware attacks and concerns over risks tied to the global pandemic have heightened interest in cybersecurity among corporate boards of directors. Security leaders say BoDs have become more engaged in security matters, have a keener understanding of cyber issues, and have begun asking more sophisticated question about risk exposure and ways to manage…

Initially observed in 2019, SystemBC enables persistent access to the system, providing attackers with means to conceal communications and remotely control the infected devices. Designed with support for the execution of commands and to allow adversaries to download and execute scripts, executables, and DLLs, the backdoor is continuously evolving, with recent samples having switched from…

A WatchGuard report reveals how COVID-19 has impacted the security threat landscape, with evidence that attackers continue to target corporate networks despite the shift to remote work, and a rise in pandemic-related malicious domains and phishing campaigns. “As the impact of COVID-19 continues to unfold, our threat intelligence provides key insight into how attackers are…

After a year in which COVID-19 upended the way we live, work and socialize, we are likely to see an increased threat from ransomware and fileless malware in 2021, according to ESET. Trend 1: The future of work – embracing a new reality The advent of the pandemic has ushered in mass implementation of remote…

A global production giant was created earlier this year when France-based Banijay completed the acquisition of Endemol Shine for $2.2 billion from Disney and private equity group Apollo. Netherlands-based Endemol Shine is the company behind popular TV shows such as Big Brother, Survivor, Deal or No Deal, The Voice and MasterChef, as well as the…

Businesses around the globe are facing challenges as they try to protect data stored in complex hybrid multi-cloud environments, from the growing threat of ransomware, according to a Veritas Technologies survey. Only 36% of respondents said their security has kept pace with their IT complexity, underscoring the need for greater use of data protection solutions…

The Cologne, Germany-based company provides solutions for cell and therapy research, including COVID-19-related products. It has facilities in 28 countries and employs more than 3,000 people. In an official statement, Miltenyi Biotec announced that, over the past couple of weeks, it experienced malware attacks that affected some of its order processing capabilities. “During the last…

Nuspire released a report, outlining new cybercriminal activity and tactics, techniques and procedures (TTPs) throughout Q3 2020, with additional insight from Recorded Future. Threat actors becoming even more ruthless The report demonstrates threat actors becoming even more ruthless. Throughout Q3, hackers shifted focus from home networks to overburdened public entities, including the education sector and…

Law enforcement agencies across the world advise companies that are victims of ransomware attacks not to pay the ransom. Aside from the risk of criminals taking the money and running, paying encouraging further attacks and potentially could be illegal depending on where the money is being sent. The US Treasury Department’s Office of Foreign Assets…

Despite a recent decline in attacks, ransomware still poses significant threats to enterprises, as the attacks against healthcare organizations demonstrated this month. It is also becoming more capable. In particular, ransomware writers are aware that backups are an effective defense and are modifying their malware to track down and eliminate the backups. Ransomware targeting backups…