With ransomware continuing to fuel a massive surge in illicit profits, some experts have been calling on governments to launch offensive hacking teams to target cybercrime cartels. They're also calling for a review of cyber insurance payouts being used to fund ransoms.
Good news on the cybercrime front: "Cryptocurrency-related crime fell significantly in 2020," compared to 2019, reports blockchain analysis firm Chainalysis. Unfortunately, in the same timeframe, ransomware profits surged 311%, stoking calls for a crackdown on ransom payments.
The Scottish Environment Protection Agency says a ransomware attack last month continues to cause serious outages and warns that ransom-demanding attackers also stole some data. The Conti ransomware-as-a-service operation has claimed credit for the attack and begun to leak the stolen data.
Andy Bates, executive director of the Global Cyber Alliance, shares his insights on key cybersecurity and fraud challenges facing UK organizations in the year ahead, with an emphasis on:
Emerging threats
IoT vulnerabilities
How defenders and defenses must adapt
Ransomware attacks remain the top cyber-enabled threat seen by law enforcement. But phishing, business email compromises and other types of fraud - many now using a COVID-19 theme - also loom large, Europol warns in its latest Internet Organized Crime Threat Assessment.
According to EY, consumers, regulations, and business concerns are driving UK public and private sector industries to re-examine their data disposition processes, particularly for sensitive and personal information. We'll show how UK enterprises can ensure data security at data end-of-life, comply with data protection...
The number of cybersecurity incidents reported to the U.K.'s data privacy watchdog has continued to decline, recently plummeting by nearly 40%. But is the quantity of data breaches going down, or might organizations be failing to spot them or potentially even covering them up?
How many different shades of bizarre is the data breach notification issued by software vendor Blackbaud? Over the course of three paragraphs, Blackbaud normalizes hacking, congratulates its amazing cybersecurity team, and says it cares so much for its customers that it paid a ransom to attackers.
Ransomware is here to stay throughout the UK's public sector and academic institutes - just as much as in the private sector. We have to admit that it's no longer a question of 'if' but rather 'when' and 'to what' extent your organization will be affected. Rather than hope it won't get you, let's explore all the...
The UK Public Sector DNS Service is one of the NCSC's most widely deployed Active Cyber Defence capabilities across the public sector to date. The NCSC has partnered with Government Digital Services (GDS) and Nominet to provide the Protective DNS service.
Download this infographic for a statistical summary from...
11 Best Practices to Minimize Risk and Protect Your Data
By now, we are all too aware of the consequences of a data breach:
Brand damage
Loss of customer confidence
Potentially costly litigation
Regulatory fines
However, most organizations are not as familiar with how to prevent these attacks. They still spend...
The National Cyber Security Center, the U.K.'s national computer emergency response team, investigated 658 serious cybersecurity incidents in a 12-month period and supported nearly 900 victim organizations - most of whom learned they had fallen victim after being alerted by the center.
The Buyer's Guide for Complete Privileged Access Management (PAM) is the most thorough tool for holistically assessing your privileged access security needs and mapping them to modern privilege management solutions. This detailed PAM Buyer's Guide will help you identify where to begin your privileged access management...
Want to improve how your organization delivers and absorbs security awareness training? Then it comes down to reinventing your approach, including gamification, says Barracuda's Michael Flouton.
Vulnerabilities and network incidents are on the rise. You're racing the clock to patch the riskiest vulnerabilities before attackers exploit them.
Review this report to learn:
Exploiting vulnerabilities from the mind of an attacker
Observed success and probability of an incident to due exploitation
The metrics...
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