Ransomware attackers going after billion-dollar targets

Ransomware is evolving and today’s operators are mostly interested in going after high-value targets, as opposed to casting a wide net. This is according to a new report from cybersecurity company Trend Micro. In the report, the company explains that most contemporary ransomware operators have a “ruthless focus” on organizations posting more than $1 billion in revenue. Further, with IT …

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DDoS attackers turn attention to telecoms firms

Of all the Distributed Denial of Service (DDoS) attacks that happened in the first quarter of 2021, the biggest percentage targeted the telecommunications industry, a new report from Cloudflare suggests. Laying out the results in a blog post, Cloudflare’s Vivek Ganti and Omer Yoachimik said that 0.022 percent of attack traffic targeted telecoms, followed by consumer services (0.014 percent) and …

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