CFOtech Asia - Technology news for CFOs & financial decision-makers

RaaS / Ransomware-as-a-Service stories

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FortiGuard predicts rise in advanced threat methods
Last month
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malware
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cybersecurity
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metaverse
"As cybercrime converges with advanced persistent threat methods, cybercriminals are finding ways to weaponise new technologies at scale to enable more disruption and destruction."
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Healthcare has 650% increase in ransomware attacks - report
Wed 8 Jun 2022
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malware
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ddos
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ransomware
Zscaler's annual ThreatLabz Ransomware Report reveals the healthcare and restaurant and food service industries had the biggest jumps in ransomware attacks.
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Ransomware as a service explained: What is RaaS
Thu 17 Mar 2022
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saas
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cybersecurity
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advanced persistent threat protection
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.
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Major technology manufacturer stops ransomware attack with AI
Thu 3 Mar 2022
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ransomware
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ai
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malware
Darktrace has announced that one of its customers successfully interrupted a Babuk ransomware attack with its Autonomous Response technology, Antigena.
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Ransomware 2021 - the year and trends in hindsight
Thu 24 Feb 2022
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malware
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ransomware
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cybersecurity
2021 saw threat actors turn the dial up on ransomware, with several high-profile attacks against major corporations and critical infrastructure.
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2022: A year of deep suspicion and stronger access controls
Mon 21 Feb 2022
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cybersecurity
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inventory management systems
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malware
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.
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How to make a business ‘invisible’ to hackers
Wed 9 Feb 2022
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cybersecurity
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business
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hackers
Critical to every organisation is how to stop a cyber-security breach AND the damage it causes and do so within available budgets.
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A new report shows RaaS dominates, but defences are gaining the upper hand
Thu 3 Feb 2022
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ransomware
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iot security
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malware
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.
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InterSystems and Veromo power Australia’s economic recovery with new banking solution
Tue 14 Dec 2021
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cloud banking solutions
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cybersecurity
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online banking
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.
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Ransomware black hole pulls in other cyberthreats to create one massive delivery system
Fri 12 Nov 2021
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malware
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firewall
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ddos
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.
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Cybersecurity experts weigh in on BlackMatter ransomware shut down
Fri 5 Nov 2021
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malware
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firewall
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ransomware
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.
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Research uncovers connection between BlackMatter and DarkSide ransomware-as-a-service
Thu 19 Aug 2021
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malware
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firewall
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ransomware
Speaking about the two ransomware types, Sophos says it's not a simple case of rebranding.
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How Microsoft security infrastructure can sink a business
Wed 28 Jul 2021
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malware
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ransomware
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microsoft
Organisations that are heavily or entirely reliant on Microsoft infrastructure, services and applications can take several steps to shore up their security.
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Minimising the impact of REvil delivered via Kaseya servers
Wed 28 Jul 2021
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ransomware
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malware
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encryption
In this case study, Darktrace explains how it detected the first signs of ransomware on the network 'as soon as encryption had begun'.
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Ransomware-as-a-service rising as cyber threats grow at alarming rates
Tue 20 Jul 2021
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ransomware
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iot security
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malware
Attacks are driven largely by the emergence of Ransomware as a Service gangs that are cashing in on critical infrastructure organisations. 
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Recent high profile cyber attacks show rising threat of ransomware-as-a-service
Mon 12 Jul 2021
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ransomware
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malware
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cybersecurity
"This trend of ransomware-as-a-service is continuing to evolve and cybersecurity providers need to stay ahead of the risk."
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Ransomware decreases as criminals customise attacks on larger, more lucrative targets - McAfee Report
Fri 25 Jun 2021
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malware
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ddos
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cybersecurity
McAfee has released its latest cybersecurity report analysing cybercriminal activity related to malware and cyber threats in the first quarter of 2021. 
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New ransomware Epsilon Red discovered - how it works
Wed 2 Jun 2021
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malware
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firewall
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ransomware
New ransomware Epsilon Red has been found by Sophos researchers who detail the tools, techniques, procedures, and behaviour of the attackers behind it.
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How to shore up cyber-defences of financial institutions for the future
Thu 20 May 2021
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malware
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ransomware
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cybersecurity
Accenture’s latest research defined four key risks: Supply chain attacks, cyber-fraud, insider threats and extortion and ransomware.
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Report reveals which industries are most vulnerable to new ransomware attacks
Tue 18 May 2021
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ddos
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ransomware
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malware
Zscaler has announced its new Ransomware Report highlighting the most prolific ransomware actors, their attack tactics, and the industries being targeted.
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Ransomware attacks surge in 2021, Triple Extortion threat comes to light
Fri 14 May 2021
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ddos
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ransomware
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malware
Ransomware attacks have seen 102% increase this year compared to the beginning of 2020, and there are no signs of it slowing down.
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A brief history of cyber-threats — from 2000 to 2020
Tue 12 Jan 2021
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malware
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ransomware
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cybersecurity
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.
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The current state of ransomware — and its future
Tue 12 Jan 2021
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malware
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firewall
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vpn
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. 
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The rising threat of human-controlled ransomware
Tue 27 Oct 2020
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malware
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ransomware
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cybersecurity
Until recently, most ransomware attacks have been automated affairs. But things are changing, writes Attivo Networks regional director for ANZ Jim Cook.
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