Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Fortinet, potential vector for Lockbit ransomware attack against Accenture

Accenture has acknowledged that it was the victim of a ransomware attack on July 30 in what it described as a "security incident." As reported by Cyberscoop, the hackers (a gang known as LockBit) began leaking stolen data and threatened to release further compromised information. LockBit first emerged in 2019 and its ransomware cyberattacks primarily target large corporations, from which it hopes to extort large sums of money.

Beware of malware attacks: Little-known facts and why they matter

Did you know that nearly 560,000 new instances of malware are detected every day? As cybersecurity advances, threat actors develop malware with new tricks that exploit weaknesses in an IT environment. Once the malware finds a loophole, it spreads exponentially like a disease, corrupting files, exfiltrating data, redirecting traffic to other destinations, and performing other malicious activities. Malware can spread at a jaw-dropping rate.

AI/ML for Malware Detection

Malware detection is an important part of the Netskope Security Cloud platform, complete with a secure access service edge (SASE) architecture, that we provide to our customers. Malware is malicious software that is designed to harm or exploit devices and computer systems. Various types of malware, such as viruses, worms, Trojan horses, ransomware, and spyware, remain a serious problem for corporations and government agencies.

5 Reasons we're seeing more ransomware attacks than ever before

Cybersecurity specialists have noticed several troubling trends over the past year, ransomware being one of the most concerning. While this is far from a new issue, it’s now more common than ever before. Every month in Q2 2021 set a new record for ransomware attempts, contributing to a 151% year-over-year increase compared to 2020. Cybercrime has risen in the past year, but ransomware attacks are outpacing other forms.

Deterring ransomware for state and local government

According to FBI Director, Christopher Wray, when it comes to ransomware disruption and prevention, “...there’s a shared responsibility, not just across government agencies but across the private sector and even the average American.” At Elastic, we’re here to help state and local governments. Ransomware attacks cost the U.S. government more than $18.9 billion in 2020 alone.

Netskope Threat Coverage: BlackMatter

In July of 2021, a new ransomware named BlackMatter emerged and was being advertised in web forums where the group was searching for compromised networks from companies with revenues of $100 million or more per year. Although they are not advertising as a Ransomware-as-a-Service (RaaS), the fact they are looking for “partners” is an indication that they are operating in this model.

How Tripwire Can Help to Defend Against Ransomware

Ransomware is having a bit of a moment. Check Point revealed that ransomware attacks increased 102% globally in H1 2021 compared to the start of the previous year, with the number of corporate ransomware victims having doubled over that same period. Average ransom payments also grew 171% from $115,123 in 2019 to $312,493 a year later. But those weren’t the amounts originally demanded by attackers. Indeed, ransomware actors wanted an average of $847,344 from their victims in 2020.

Impact of modern ransomware on manufacturing networks

Manufacturing facilities employ assembly lines, material handling systems, motors, and furnaces that all require big physical machines. Innovative trends in the manufacturing industry and the advancement of operational technology have also meant introducing computers across operation and production systems.