Given the bounty of information held by insurance companies, it was only a matter of time before hackers started going after traditional insurance companies.
Dragos CEO and founder Rob Lee said his firm had “high confidence” that the malware was developed by a state actor with an intent to disrupt key infrastructure.
Ransom distributed denial-of-service attacks in the first quarter of 2022 were 28% lower than the same period last year and 52% lower than the last quarter of 2021, with only 3% of Cloudflare clients targeted by DDoS attacks in March reporting that they have been extorted.
While global cybersecurity spending for enterprises could reach nearly $172 billion this year, only 53% of organizations worldwide reported updating their existing cybersecurity approaches due to the COVID-19 pandemic.
The National Cyber Director argued this week that while effective cybersecurity requires collaboration and coordination, it is too dynamic and far-reaching to ever place ultimate responsibility at the feet of a single individual or entity.
Ukrainian national Denys Iarmak, who worked as a penetration tester for the FIN7 hacking group, has been sentenced to five years imprisonment by the U.S. Department of Justice.
