"As cybercrime converges with advanced persistent threat methods, cybercriminals are finding ways to weaponise new technologies at scale to enable more disruption and destruction."

Zscaler's annual ThreatLabz Ransomware Report reveals the healthcare and restaurant and food service industries had the biggest jumps in ransomware attacks.

Ransomware as a service is a major threat to all cybersecurity data and systems. Similar to software as a service, RaaS provides easy subscription-based access to ransomware to those with little-to-no programming expertise.

Darktrace has announced that one of its customers successfully interrupted a Babuk ransomware attack with its Autonomous Response technology, Antigena.

2021 saw threat actors turn the dial up on ransomware, with several high-profile attacks against major corporations and critical infrastructure.

Just when we all thought COVID-19 couldn’t possibly make the cyber risk environment any worse, 2021 brought us a supply chain shock induced by the global pandemic.

Critical to every organisation is how to stop a cyber-security breach AND the damage it causes and do so within available budgets.

While vulnerability disclosures increased 21% in the second half of 2021 and increasingly sophisticated criminal attacks made regular news, organisations fight back with targeted remediation efforts.

It is anticipated that the solution will help drive post-pandemic economic growth by making it easier for start-ups and entrepreneurs to turn their ideas into business reality.

The gravitational force of ransomware's black hole is pulling in other cyberthreats to form one massive, interconnected ransomware delivery system with significant implications for IT security.

Given the lucrative activity of RaaS we are likely to see them reappear in the near future. The battle against ransomware is far from over.

Speaking about the two ransomware types, Sophos says it's not a simple case of rebranding.

Organisations that are heavily or entirely reliant on Microsoft infrastructure, services and applications can take several steps to shore up their security.

In this case study, Darktrace explains how it detected the first signs of ransomware on the network 'as soon as encryption had begun'.

Attacks are driven largely by the emergence of Ransomware as a Service gangs that are cashing in on critical infrastructure organisations. 

"This trend of ransomware-as-a-service is continuing to evolve and cybersecurity providers need to stay ahead of the risk."

McAfee has released its latest cybersecurity report analysing cybercriminal activity related to malware and cyber threats in the first quarter of 2021. 

New ransomware Epsilon Red has been found by Sophos researchers who detail the tools, techniques, procedures, and behaviour of the attackers behind it.

Accenture’s latest research defined four key risks: Supply chain attacks, cyber-fraud, insider threats and extortion and ransomware.

Zscaler has announced its new Ransomware Report highlighting the most prolific ransomware actors, their attack tactics, and the industries being targeted.

Ransomware attacks have seen 102% increase this year compared to the beginning of 2020, and there are no signs of it slowing down.

Many significant cybersecurity events have occurred since the year 2000 — not every one of them ‘firsts’, but all of them correlating with a change in security behaviour or protection.

Discoveries made by analysts at Sophos have unearthed a new development: ransomware code appears to have been shared across ‘families’, and some of the ransomware groups seemed to work in collaboration more than in competition with one another. 

Until recently, most ransomware attacks have been automated affairs. But things are changing, writes Attivo Networks regional director for ANZ Jim Cook.