Tag Archive for: Gulf

The Acronis cyberthreats report 2022 reveals ongoing malware pandemic – Middle East & Gulf News


Acronis, a global leader in cyber protection, recently released its annual Acronis Cyberthreats Report, the 2022 version, providing an in-depth review of cybersecurity trends and threats worldwide.

The report warns that managed service providers (MSPs) are particularly at risk, with more of their own management tools, such as PSA or RMM, used against them by cybercriminals, and thus are becoming increasingly vulnerable to supply chain attacks.

Supply-chain attacks on MSPs are particularly devastating since attackers gain access to both their business and clients, as seen in the SolarWinds breach last year and the Kaseya VSA attack earlier in 2021.

The report also shows that during the second half of 2021, only 20% of companies reported not having been attacked, as opposed to 32% last year.

Key trends of 2021 and predictions for 2022

Beyond the growing efficiency of cybercriminals and the impact on MSPs and small businesses, the Acronis Cyberthreats Report 2022 shows:

  • Phishing remains the main attack vector. 94% of malware gets delivered by email, using social engineering techniques to trick users into opening malicious attachments or links. just this year, Acronis reported blocking 23% more phishing emails and 40% more malware emails in Q3, as compared with Q2 of the same year.
  • Phishing actors develop new tricks, move to messengers. Now targeting OAuth and multifactor authentication tools (MFA), these new tricks allow criminals to take over accounts. To bypass common anti-phishing tools, they will use text messages, Slack, Teams chats and other tools for attacks such as business email compromise (BEC).
  • Ransomware is still the #1 threat. High-value targets include the public sector, healthcare, manufacturing, and other critical organizations. Ransomware continues to be one of the most profitable cyber attacks these days. Acronis predicts ransomware damages will exceed $20 billion before the end of 2021.
  • Cryptocurrency among the attackers’ favorite playing cards. Info stealers and malware that swaps digital wallet addresses are the reality today. We can expect more such attacks waged directly against smart contracts in 2022. Attacks against Web 3.0 apps will also occur more…

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Here are ransomware groups that businesses need to watch our for – Middle East & Gulf News


By Doel Santos and Ruchna Nigam

As part of Unit 42’s commitment to stop ransomware attacks, we conduct ransomware hunting operations to ensure our customers are protected against new and evolving ransomware variants.  During our operations, we have observed four emerging ransomware groups that are currently affecting organizations and show signs of having the potential to become more prevalent in the future:

  • AvosLocker is ransomware as a service (RaaS) that started operations in late June, using a blue beetle logo to identify itself in communications with victims and “press releases” aimed at recruiting new affiliates. AvosLocker was observed promoting its RaaS program and looking for affiliates on dark web discussion forums and other forums. Like many of its competitors, AvosLocker offers technical support to help victims recover after they’ve been attacked with encryption software that the group claims is “fail-proof,” has low detection rates, and is capable of handling large files. This ransomware also has an extortion site, which claims to have impacted six organizations in the following countries: the US, the UK, the UAE, Belgium, Spain, and Lebanon. Initial ransom demands ranged from $50,000 to $75,000.

  • Hive Ransomware is double-extortion ransomware that started operations in June. Since then, Hive has impacted 28 organizations that are now listed on the group’s extortion site, including a European airline company and three U.S.-based organizations. Hive uses all tools available in the extortion toolset to create pressure on the victim, including the date of initial compromise, countdown, the date the leak was actually disclosed on their site, and even the option to share the disclosed leak on social media.
  • HelloKitty is not a new ransomware group; it can be tracked as early as 2020, mainly targeting Windows systems. However, in July, a Linux variant of HelloKitty targeted VMware’s ESXi hypervisor, which is widely used in cloud and on-premises data centers. There were two clusters of activity. Across the observed samples, some threat actors preferred email communications, while others used TOR chats for communication with the victims. The observed…

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Cellphone hacking and millions in Gulf deals: Inner workings of top secret Israeli cyberattack firm revealed – Haaretz

Cellphone hacking and millions in Gulf deals: Inner workings of top secret Israeli cyberattack firm revealed  Haaretz
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