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Tag: Europe

Stealth malware targets European companies
March 26, 2024
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Eset_News

Hackers are attacking many companies across Europe with stealth malware. ESET researchers have noticed a dramatic increase in so-called AceCryptor attacks via remote access tool (RAT) Rescoms. Between the first and second half of 2023, the number of detected attacks tripled: 42.000 ESET users worldwide were targeted by cyber criminals and were protected. Companies in Central Europe and Spain were particularly affected. What's new about these attacks: For the first time ever, hackers who used the Rescoms remote access tool (RAT) for attacks resorted to AceCryptor, a camouflage software for malicious programs. The aim of the campaigns was access data...

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Only 7 percent of German companies are prepared for AI
10 January 2024
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Only 7% of German companies are prepared for AI

8.000 managers in 30 countries took part in the “AI Readiness” study and commented on the use of AI in the company. Germany is ill-prepared. IT infrastructure and cybersecurity are cited as the highest priority areas for the use of AI. 14 percent of companies worldwide are fully prepared to use AI - in Germany only 7 percent. This is shown by Cisco's first AI Readiness Index, for which over 8.000 companies were surveyed, more than 300 in Germany alone. Compared to seven other EU countries and Great Britain, Germany is...

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CosmicBeetle attacks European organizations 
September 16, 2023
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B2B Cyber ​​Security ShortNews

The hacker group CosmicBeetle attacks organizations worldwide, especially European ones. The group uses the Spacecolon toolset to spread ransomware among its victims and extort ransoms. The attackers exploit the zero-logon vulnerability in web servers for their attacks. Alternatively, hackers resort to classic brute force attacks on RDP credentials to break into organizations. Spacecolon has been active since at least May 2020 to date. CosmicBeetle also operates globally The specialists at ESET were able to track CosmicBeetle and its tools worldwide. Countries in the European Union such as Spain, France, Belgium, etc. are particularly affected.

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Up to $1 million in cyber attack support
July 29, 2023
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Financial support for cyber attacks

In the event of a major cybersecurity incident, Arctic Wolf offers its customers financial support of up to $1 million. The company is now expanding its Security Operations Warranty to Europe. The Security Operations Warranty is one of the most comprehensive security guarantees for IT security solutions in the industry. It provides Arctic Wolf customers with financial support of up to $1 million in the event of a major cybersecurity incident. According to a recent study published by Arctic Wolf, 40% of companies currently do not have comprehensive cyber insurance. It also shows that the majority of companies that have...

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German companies: 84 percent expect a cyber attack
26 May 2023
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| Stories, TrendMicro
Companies in Germany: 84 percent expect a cyber attack

The Trend Micro Cyber ​​Risk Index (CRI) for the second half of 2022 is here. 84 percent of German companies expect to become the victim of a cyber attack in the next twelve months. But: the report also shows a slowly improving cyber defence. The cyber risk for Germany has decreased compared to the first half of 2022 and is now classified as "moderate". According to the report by the Japanese security provider, global cyber risk is also reduced from “elevated” to “moderate” for the first time. Global cyber risk decreases slightly The CRI, which is published every six months, uses targeted…

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State of the Phish Report: Enormous ransomware damage
10 April 2023
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State of the Phish Report: Enormous ransomware damage

The current "State of the Phish" report shows that ransomware attacks pose an increasing threat to German companies. Ransomware attacks wreak havoc. Who Pays the Ransom: Only 4 out of 10 companies get the full data back. That's according to the ninth annual State of the Phish report released today by leading cybersecurity and compliance firm Proofpoint. 85 percent of German companies were affected by a ransomware attack last year. 63 percent of these attacks were successful. Defying ransom: only 41 percent get data back Less than half (41 percent)…

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Europe: 82 percent of companies suffer from cyber attacks
9 April 2023
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Europe: 82 percent of companies suffer from cyber attacks

According to a survey, around 24 percent of all companies in Europe have been victims of cyber attacks over the past 82 months. Although the attacks were repelled, they will increase. Who has the contingency plan ready? During the last 24 months, 82 percent of companies in Europe have already been victims of cyber attacks. This is the result of a survey of over 500 IT security experts in Germany, France and Great Britain by censuswide on behalf of comforte AG. More than half of those surveyed (54 percent) even registered several cyber attacks during this period. 20 percent with more than…

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Backdoor: Chinese hacker group attacks Europe
March 15, 2023
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B2B Cyber ​​Security ShortNews

The Chinese hacker group Mustang Panda is stepping up its attacks on targets in Europe, Australia and Taiwan. Researchers at the IT security manufacturer ESET uncovered a campaign that is currently still running, in which the newly developed backdoor MQsTTang is used. This allows attackers to execute any command on the victim's computer. The focus is on political and state organizations, above all a government institution in Taiwan. Mustang Panda has significantly increased its activities since Russia invaded Ukraine. MQsTTang: Evidence of Rapid Development Cycle MQsTTang is a simple backdoor that allows attackers to…

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What NIS2 means for companies in Europe
20. February 2023
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What NIS2 means for companies in Europe

NIS2 was decided and EU countries have to transpose the directive into national law by October 2024 - and companies must of course prepare themselves. NIS2 is the European framework for operators of critical infrastructures and defines minimum cyber security standards in the EU. The European Union (EU) has adopted the NIS2 Directive, which is part of the EU strategy to shape Europe's digital future in the field of IT security and is a direct extension of the 2016 NIS Directive, which was the first IT security law was at EU level. Background for NIS2 The background to the new policy is a dynamic threat landscape that…

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GDPR 2022: €1,64 billion in fines
13. February 2023
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B2B Cyber ​​Security ShortNews

Data protection regulators across Europe have imposed fines totaling €28 billion since January 2022, 1,64. This means a 50 percent increase in reported EU GDPR fines compared to last year, according to a report by DLA Piper. The increase shows the growing confidence and willingness of data protection regulators to impose large fines for violations of the GDPR. It has also been influenced by the use of the cooperation and consistency mechanisms of the GDPR and the European Data Protection Board, which has repeatedly called for significant increases in fines proposed by Member States' data protection supervisory authorities...

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