Many cybercrime victims are repeatedly attacked by the same hackers

On average, one in two companies worldwide have suffered multiple attacks from the same hacking group, a new report from AtlasVPN claims. What’s more, almost two-thirds (61 percent) of those attacked did not remediate the flaws that made them vulnerable, making the criminals’ jobs that much easier. Of all the companies, those in the UK seem to be suffering the …

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Effectively closing entry gates for hackers: How strong authentication protects against ransomware

Ransomware is a problem that is here to stay and that will in time become an even bigger issue – that is a fact that is clear to everyone involved in IT security. According to the international study “The State of Ransomware”, more than half of all organizations have experienced a ransomware cyberattack in 2020. Once hit, giving in to …

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Hackers have stolen a march during the pandemic: It’s time to catchup

With the UK economy now in recovery mode, Andy Barratt, UK MD at international cybersecurity consultancy Coalfire, looks at the advantages Covid-19 has afforded hackers, and what businesses need to do to level the playing field. A large proportion of businesses have had what would be lightly termed as a ‘challenging’ 12 months, with Covid-19 restrictions forcing firms to adopt …

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A growing number of hackers are fighting back after their attacks are mitigated

When an organization is under attack, there are a number of tactics and tools that can be deployed in response. However, cybercriminals are becoming increasingly adept at identifying and countering remediation efforts, a practice known as counter incident response. According to a new report from VMware, the majority of businesses (63 percent) have been subjected to counter incident response (IR) …

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Hackers have turned to ‘fast flux’ techniques to evade security solutions

When law enforcement agencies take down a botnet or a major spam or phishing operation, it usually involves disabling servers and hosting services. To counter these measures, criminals have started turning towards a new technique called “fast flux”. This is according to a new report from cybersecurity firm Unit 42, which explains that fast flux increases criminal infrastructure resilience by …

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Mimecast may be latest victim of SolarWinds hackers

Email and web security specialist Mimecast has notified customers that it has suffered a cyberattack. The company explained a “sophisticated threat actor” had hijacked its Sync and Recover, Continuity Monitor and IEP (Internal Email Protect) products to spy on users. This was made possible through a certificate used to authenticate different services to Microsoft Office 365 Exchange Web Services that …

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SolarWinds hackers also used brute force password techniques to breach victims

While the majority of victims of the SolarWinds supply chain attack were breached through the compromised Orion update, some had their perimeters breached via brute force password techniques. According to a recently updated advisory from the US Cybersecurity and Infrastructure Security Agency (CISA), the SolarWinds attackers didn’t always rely on the poisoned Orion update as the initial access vector. “CISA …

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Hackers are using DDoS attacks to extort companies for ransom

Criminals are no longer limiting themselves to encrypting sensitive data before demanding a ransom from the victim. They have also started executing what’s known as Ransom Distributed Denial of Service attacks, or RDaaS, and it’s exactly as it sounds. In an attack of this kind, criminals threaten a company with a series of crippling DDoS attacks, unless payment is made …

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SolarWinds hackers found to have accessed Microsoft source code

Microsoft has revealed that whoever was behind the SolarWinds cyberattack managed to view source code repositories for some of its products. The company, however, was quick to downplay the significance of the compromise, providing two main reasons why the criminals can do little with the material accessed. For one, the accounts were view-only, so the attackers could not have altered …

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Uncovered: Are hackers getting smarter and are you really being targeted by China?

To stay ahead of the race and gain a competitive edge, every year businesses are innovating more and more, adopting new process and technologies to tackle different challenges. This has been amplified almost tenfold this year due to the widespread shift to remote working. However, any innovation or major technological overhaul opens up a pandora’s box of issues and comes …

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