Industry insider news for New Zealand's technology resellers
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Ransomware recovery costs increase as businesses are hit hard
Average ransomware recovery cost in Asia Pacific and Japan (APJ) has increased from US$1.16 million to US$2.34 million, more than doubling in one year.
Ransomware recovery costs more than doubled in past year
"The findings confirm the brutal truth that when it comes to ransomware, it doesn't pay to pay."
Organisations faced unprecedented ransomware risk in 2020
Enterprises faced unprecedented cybersecurity risk in 2020 from increasing attack volume, the pandemic-driven digital transformation of work, and generally deficient cyber preparedness and training.
Hackers hit Apple with ransomware, MacBook design files exposed
Hackers are attempting to extort Apple in exchange for not leaking stolen files.
Targeted ransomware attacks on the rise, Kaspersky finds
Ransomware attacks on high profile victims has grown nearly eightfold from 2019 to 2020, according to new research from Kaspersky.
Phishing, monetary gain and supply chain attacks characterise cybercrime
"Cyber criminals leveraged phishing, ransomware and supply chain vector attacks to strike networks for financial gain. We believe that these network security trends will continue in 2021."
Over half of ransomware victims pay up - but does it work?
"Handing over money doesn’t guarantee the return of data, and only encourages cybercriminals to continue the practice."
Ransomware and Microsoft Exchange attacks surging
There are global surges in ransomware attacks alongside increases in cyber attacks targeting Microsoft Exchange Server vulnerabilities, according to Check Point Research.
How to achieve ransomware resilience in three steps
All organisations need advanced threat protection to stop ransomware attacks and ease the impact if they do occur, writes Bitglass CTO Anurag Kahol.
“Cybersecurity risk has never been greater," declares FortiGuard Labs
Adversaries are highly adaptable as they conduct sophisticated attacks, particularly against remote workers, digital supply chains, and core networks.
Cybercriminals take bold steps forward as confidence soars - CrowdStrike report
Criminals are especially interested in targeting the supply chain as it enables them to go after multiple targets from a single intrusion point.
Countering the evolving threat of ransomware
Cyber-criminals will continue to change their methods to maximise the chance of success, writes Zscaler regional vice president and A/NZ country manager Steve Singer.
Covid-19 sees rapid cloud adoption, rise in double-extortion ransomware
“We need to act now to stop this cyber pandemic spreading out of control."
Cyber-risk to critical infrastructure reaches all-time high — report
New research from Nozomi Networks Labs found that attackers are doubling down on high-value targets and weaponising the software supply chain.
Quantum extends Veeam partnership in a bid to protect against ransomware
“Quantum continues to expand its partnership with us and we are pleased to add ActiveScale object storage to a select group of S3 targets that can provide robust ransomware protection for our joint customers."
Cybersecurity best practice for 2021: What does it look like?
There are new best practices for both enterprises and consumers to help keep data protection top of mind for 2021.
DDoS ransom attacks flare up again after brief hiatus
The second wave of attacks in December and January targeted organisations that were hit the first time and did not respond or pay the ransom.
Sophos Rapid Response puts out the ransomware fire
“Attackers are using a range of techniques and whichever defence has a weakness is how they get in. When one technique fails they move on to the next, until they find a weak spot."
A brief history of cyber-threats — from 2000 to 2020
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.
The current state of ransomware — and its future
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.
Top cyber threats for Australia in 2020
COVID-19 scams, ransomware attacks, mobile adware and fleeceware, stalkerware and deepfakes were the top cyber threats that impacted Australian and global businesses in 2020.
Why legacy technology is swallowing too much of your IT budget
Given the restrictions caused by legacy IT infrastructure, why are more organisations not pushing ahead with plans to rid themselves of the burden?
Claroty and CrowdStrike form partnership to protect industrial control system environements
The integration will deliver visibility into industrial control system (ICS) networks and endpoints, with a one-stop-shop for information technology (IT) and OT asset information directly within The Claroty Platform.
Rate of ransomware attacks in Australia well above global average — report
Over two-thirds (67%) of Australian organisations have suffered a ransomware attack in the last 12 months — 10 percentage points above the global average of 57%.