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Data protection: trends in 2024
Data protection: trends in 2024

What challenges could companies face in the area of ​​data protection this year? And how can they prepare for the emerging threats and opportunities? Veritas Technologies, a provider of secure multi-cloud data management solutions, anticipates the following trends in data management and protection in 2024: 1. The first end-to-end, AI-driven robo-ransomware attack heralds a new era of cyber Crime on In the past two years, 78 percent of companies in Germany have experienced ransomware attacks in which the attackers were able to gain access to their systems. This fact alone is worrying, but...

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These threats have shaped 2023
These threats have shaped 2023

In 2023, botnets returned from the dead, ransomware actors found creative ways to make money from theft, and threat actors that had been on the loose for a decade reinvented themselves to stay relevant. The threat intelligence experts at Cisco Talos have analyzed the key developments from 2023 and summarized them in an annual review that is worth reading. The standard work for the cybercrime year 2023 highlights the most important trends that shaped the threat landscape last year. Ransomware attack vector The greatest threat to companies in 2023 was still posed by ransomware. Already in the second year in…

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FBI, Europol, NCA: APT group LockBit smashed!

According to the authorities, Europol, the FBI and the British NCA have dismantled the APT group LockBit. At least it has all darknet leak sites under control and is probably already distributing decryption tools. The authorities even used the system of leak sites to distribute information and tools. It sounds too good to be true: A global network of authorities such as the FBI, Eruopol, NCA and many more have succeeded in striking a significant blow against the APT group LockBit. Officially, the group's network has been dismantled, the servers taken over, source codes and documents confiscated and...

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Phishing, vishing and quishing
Phishing, vishing and quishing

In the early days, phishing attacks were often very simple and used legitimate sources of written communication such as email to gain access to sensitive data. In the age of AI, it is tempting to consider how attackers are modernizing their phishing methods. With the growing popularity of GenAI tools, voice-based phishing attacks – also known as “vishing” – have become the new norm and the evolution of attack methods continues. Phishing as a springboard To understand the importance of phishing in the malware industry, it helps to look at the anatomy of a...

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Pawn Storm under the microscope
Pawn Storm under the microscope

Pawn Storm (also APT28 or Forest Blizzard) is a group of APT actors characterized by persistent repetition in their tactics, techniques and procedures (TTPs). The group is known for still using its decade-old phishing email campaigns targeting high-value targets around the world. Although campaign methods and infrastructure gradually change over time, they still provide valuable information about Pawn Storm's infrastructure, including those used in more advanced campaigns. Trend Micro has the…

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Pig Butchering: Lucrative business model for cyber gangs
Lucrative business model for cyber gangs

Sophos has uncovered how Sha Zhu Pan scammers are now using a business model similar to “cybercrime-as-a-service” for their supposedly romance-oriented so-called pig-butchering scams. The fraudsters sell Sha-Zhu-Pan kits on the Dark Web all over the world and are expanding into new markets. Sophos describes these operations (also known as pig booking) in the article “Cryptocurrency Scams Metastasize into New Forms.” The new sets come from organized crime gangs in China and provide the technical components needed to implement a special pig-butchering program called “DeFi savings”. The criminals pose…

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Fines for violating the GDPR
Fines for violating the GDPR

The General Data Protection Regulation (GDPR) came into force in November 2018 to standardize the rules for processing personal data across the EU. Violations of the GDPR sometimes result in high fines. But even outside the EU there is a risk of fines if the applicable data protection laws are ignored. The Gisma University of Applied Sciences (www.gisma.de) has examined which companies worldwide have had to pay the highest fines and in which countries the most severe penalties have been imposed. Facebook and Meta lead the ranking with fines totaling 7,1 billion euros. In 2019 the…

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Cyber ​​attacks are the main reason for business failures
Cyber ​​attacks are the main reason for business failures

A leading provider of data protection and ransomware recovery solutions by market share, releases the results of its fifth annual report. While companies say they will spend more money to defend against cyberattacks, the survey also found that IT leaders feel even less protected and are more concerned about their ability to recover business-critical data. Cyberattacks remain the leading cause of outages, and data shows that while organizations are increasingly turning to the cloud for major recoveries, only a small percentage believe they...

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Threat Report H2-2023: Botnets, Ransomware, DDoS 
Threat Report H2-2023: Botnets, Ransomware, DDoS

The second half of 2023 was characterized by classic threats such as DDoS attacks and ransomware, but also by the sudden disappearance of the busy botnet Mozi. In addition, the API keys of ChatGPT users are at risk. The ESET Threat Report H2 2023. In the new ESET Threat Report H2 2023, the European IT security manufacturer presents these and other threats as well as trends in the global threat landscape from June to November 2023. The aim of the report is to raise awareness of the biggest cyber threats and provide information about current risks. For more information, see ESET Threat Report H2…

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Cyber ​​incidents – business risk number 1
Cyber ​​incidents remain the number 1 business risk - Image by Markus Winkler on Pixabay

Cyber ​​incidents will remain the largest business risk worldwide in 2024, according to the current Allianz Risk Barometer. This includes data breaches, but especially attacks on critical infrastructure or assets as well as ransomware attacks. The Allianz Risk Barometer puts business interruptions in second place in the survey in Germany. IT now forms the basis for almost all business processes. In the event of a compromise or disruption, all or many areas of the company are directly affected and business interruptions quickly result - which explains their place on the barometer. By classifying cyber risks as the largest business risk, risk assessment gains significant...

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