QNAP adds NAS ransomware protection to latest QTS version

August 21, 2024 at 02:18PM QNAP, a Taiwanese hardware vendor, has integrated a Security Center with ransomware protection into the newest QTS operating system for NAS devices. This enhancement aims to bolster security for network-attached storage systems. Based on the meeting notes, the key takeaway is that QNAP, a Taiwanese hardware vendor, has incorporated a … Read more

FBI Shuts Down Dozens of Radar/Dispossessor Ransomware Servers

August 13, 2024 at 02:17PM The FBI has dismantled the global cyber infrastructure of Radar/Dispossessor, a ransomware gang originally linked to LockBit. The group targeted small-to-mid-sized businesses across diverse sectors and utilized double extortion tactics. While this takedown is a significant win, arrests and public exposure of the gang’s leaders are needed. Organizations are urged … Read more

Using Threat Intelligence to Predict Potential Ransomware Attacks

July 18, 2024 at 04:03PM Ransomware Awareness Month in July raises awareness of ransomware as a top cyber threat. The recent attacks on CDK Global by the BlackSuit group demonstrate the severity, impacting 15,000 auto retailers. There’s been a 29% increase in ransomware attacks in Q1 2024, emphasizing the urgency for organizations to prioritize good … Read more

Ctera Raises $80 Million From PSG Equity

July 18, 2024 at 09:03AM Ctera, a hybrid cloud data management provider, secures $80 million in funding from private investor PSG Equity, bringing total funding to over $100 million. The New York-based firm, founded in 2008, offers a cloud-native global file system for data services, with a focus on hybrid cloud file storage. The company … Read more

True Protection or False Promise? The Ultimate ITDR Shortlisting Guide

July 10, 2024 at 08:09AM Endpoint security has become increasingly important in the age of identity protection due to the rise in ransomware attacks. Identity Threat Detection and Response (ITDR) has emerged to address this gap, with capabilities such as coverage across all users and access methods, real-time detection, anomaly detection, chain detection with MFA … Read more

New Ransomware-as-a-Service ‘Eldorado’ Targets Windows and Linux Systems

July 8, 2024 at 10:43AM The newly discovered Eldorado ransomware encrypts files on Windows and Linux systems. The group behind it was first observed in March 2024 and uses advanced encryption techniques to target various industries. It is one of the many emerging ransomware groups, highlighting the need for organizations to stay vigilant against evolving … Read more

How MFA Failures are Fueling a 500% Surge in Ransomware Losses

July 2, 2024 at 07:07AM The cybersecurity threat landscape has seen a substantial rise in average ransomware payments, with increases over 500%. The surge is attributed to cybercriminals better targeting organizations for larger ransom payments, as well as the utilization of Generative AI in creating convincing phishing attacks. Implementing next-generation MFA technologies, including biometrics, is … Read more

Ransomware thieves beware

June 25, 2024 at 05:23AM Summary: Ransomware attacks have become a major concern for businesses, with a rise in targeted attacks on backup storage. Object First, in collaboration with Veeam, offers a Zero Trust Data Resilience framework, featuring immutable backup storage and end-to-end encryption to protect against ransomware threats. The solution enhances data protection and … Read more

Linux version of RansomHub ransomware targets VMware ESXi VMs

June 20, 2024 at 05:32PM RansomHub ransomware has a Linux encryptor tailored for VMware ESXi environments. Launched in February 2024, RansomHub has affected over 45 victims across 18 countries. An ESXi variant was detected in April 2024, presenting a bug that defenders can exploit. Additionally, the encryptor has specific commands and a unique encryption scheme. … Read more

SpiderOak One customers threaten to jump ship following datacenter upgrade

May 28, 2024 at 12:52PM Secure storage provider SpiderOak continues to face operational issues over a month after a datacenter upgrade. Angry users threaten to cancel their subscriptions after facing ongoing problems with backups. The company is honoring cancellation requests, refunding users, and working on restoring full operability. Users report issues with billing and performance. … Read more