The cybersecurity world is still feeling the effects of the 2017 WannaCry ransomware attack today. While the majority of the damage occurred in the weeks after May 12, 2017, WannaCry ransomware attacks actually increased 53% from January 2021 to March 2021. While researching my in-depth article WannaCry: How the Widespread Ransomware Changed Cybersecurity, I learned…

Organisations across the UK are still struggling with ransomware

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….

WannaCry Re-emerges at Boeing

Computers at the aerospace giant were hit by the WannaCry malware but systems are back to normal WannaCry is still around and aerospace giant Boeing is the latest victim. In a flurry of activity on Wednesday, Boeing found itself infected, analyzed the infection, contained and cleaned the affected systems, and returned to normal operations.

Feels like a Cyber Security Groundhog’s Day

While nobody has a crystal ball for what’s coming this year, I think we can all agree tough security lessons were learned in 2017. From Yahoo indicating that every one of its 3 Billion email accounts (that’s a B) was exposed in a breach to some pretty serious hacking tools believed to have been developed…

Attackers disrupt business operations through stealthy crypto mining

WannaMine, a Monero-mining worm discovered last October, is increasingly wreaking havoc on corporate computers. Either by slowing down computers or by crashing systems and applications, the crypto mining worm is, according to CrowdStrike researchers, seriously affecting business operations and rendering some companies unable to operate for days and even weeks.

The global impact of huge cyber security events

The past 12 months have seen a number of unprecedented cyber-attacks in terms of their global scale, impact and rate of spread. Already causing widespread public concern, these attacks only represent a small sample of the wide array of cyber threats we now face. Europol’s Executive Director Rob Wainwright: “The global impact of huge cyber…

Blindfolded on the Battlefield: The Importance of Threat Hunting in the Modern Age

One of the fundamental problems with cybersecurity is that organizations often do not realize when they are compromised. Traditional incident response methods are typically reactive, forcing security teams to wait for a visible sign of an attack. The problem is that many attacks today are stealthy, targeted and data-focused. Just stop for a moment to…

How ransomware is creating a data backup explosion

While the WannaCry ransomware and Petya – a wiper disguised as ransomware – are two of the most recent headline-grabbers in the security world,  the truth is that we’ve been seeing this type of attack become more common over the past few years. Because data is the new oil in the digital economy, ransomware attacks…

One in Ten U.S. Organizations Hit by WannaCry: Study

A recent survey discovered that the vast majority of organizations in the United States weren’t prepared for the WannaCry ransomware attack, but just one in ten ended up being infected by the malware. WannaCry stormed the world in mid-May by leveraging a previously patched exploit called EternalBlue, which hacker group Shadow Brokers allegedly stole from the NSA-linked Equation…

Catastrophic Cloud Attack Costs Would Rival that of Hurricane Damages

Lloyd’s of London estimates multi-billion-dollar loss figures in worst-case scenarios of a major zero-day exploit or massive cloud outage. WannaCry spread like wildfire in a matter of days reaching 150 countries and creating an anticipated $4 billion in losses, but if attackers were to launch a global, system-wide attack that hit a multitude of cloud-based companies,…