Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

As MGM Struggles Amid Ransomware Fallout, Data Recovery Lessons Abound - Part 2

The latest MGM Resorts ransomware attack demonstrates why cyber insurance is critical as part of a multi-layered security strategy. In our last blog, we discussed the recent Las Vegas cyber incidents and how no organization is completely safe. The original cyber incident at MGM Resorts occurred on September 10, 2023 — nearly two weeks ago now – and the company and its valued customers are still feeling its effects.

Non-Profit Save the Children Gets Hit By Ransomware Data Attack

Save The Children is an organization that specializes in helping children live healthy lives. The non-profit works in multiple countries, helping to provide for children's needs, especially in areas affected by war or tragedy. This organization was recently the target of a ransomware hacker group and suffered huge data losses as a result of that targeting.

Cyber attackers hit the jackpot: learn why casinos aren't the only ones vulnerable

For many years, hackers and cybercriminals have used social engineering techniques to gain unauthorized access to confidential information. It is easy to predict that these attacks will continue to advance in sophistication and frequency. Whether they are using AI to create better lures or cyber criminals are just getting more adept at exploiting human nature, the success of these attacks proves the tactics are winning.

As MGM Struggles Amid Ransomware Fallout, Data Recovery Lessons Abound

Picture this: Your IT infrastructure is breached by a nefarious actor, who then encrypts critical data and holds your organization hostage until a ransom is paid. Far from hypothetical, this is exactly what happened to multi-billion-dollar casino operator MGM Resorts International last week when hit with a ransomware attack – the latest in a string of large-scale, high-profile cyber security incidents.

The International Joint Commission Falls Victim to Ransomware Attack; 80GB Of Data Stolen

The International Joint Commission (ICJ), an organization that handles water issues along the Canada–United States border, was hit by a ransomware attack, the Register reports. The Commission said in a statement, “The International Joint Commission has experienced a cyber security incident.

Staying ahead of LockBit ransomware attacks

LockBit is a Ransomware as a Service (RaaS) provider accountable for most LockBit ransomware attacks in 2023. The LockBit RaaS group came into existence in 2019 and has posed great challenges to security experts ever since. A recent report states that LockBit accounted for over one-third of all ransomware attacks in the latter half of 2022 and the initial quarter of 2023.

Guarding Against Fileless Malware: Types and Prevention

Fileless malware, true to its name, is malicious code that uses existing legitimate programs in a system for compromise. It operates directly in the Random Access Memory (RAM) without requiring any executable files in the hard drive. Differing from conventional malware, fileless attacks are stealthier in nature, falling under the category of low-observable characteristics (LOC) attacks.