Tag Archive for: recordbreaking

Record-breaking year for global ransomware incidents- new report




Record-breaking year for global ransomware incidents- new report | Insurance Business Canada















Activity greatly surpassed the total seen in the prior year

Record-breaking year for global ransomware incidents- new report


Cyber

By
Abigail Adriatico

Ransomware activity for 2023 had surpassed the total number recorded in 2022 by 68%, according to a report by Corvus Insurance (Corvus), a cyber underwriter.

Corvus’ Q4 2023 Ransomware Report found that ransomware attacks occurred at a record-setting pace during 2023. It revealed that for the first three quarters of the year, ransomware attacks had been increasing, only slightly declining by the last quarter.

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Record-breaking number of record-breaking DDoS attacks confirmed • The Register


Dozens of companies over the weekend were hit by distributed denial-of-service (DDoS) attacks, including the largest one yet recorded, or so Cloudflare says.

That record-breaking HTTP/2-based DDoS tsunami soared to more than 71 million requests-per-second, more than the previous record of 46 million rps blocked by Google in June 2022. It’s just record after record being broken, huh. Most of the other network flooding over the weekend peaked at between 50 million and 70 million rps.

The attacks, according to Cloudflare, originated from more than 30,000 IP addresses and targeted such businesses as gaming providers, hosting providers, cloud computing platforms, and cryptocurrency companies.

They also continued a growing trend of network traffic originating from cloud providers rather than residential ISPs, the more typical tools used by DDoS attackers who tend to roll IoT devices and home gateways into botnets.

“Over the past year, we’ve seen more attacks originate from cloud computing providers, Cloudflare researchers wrote in a report, adding that the network traffic used in the attacks over the weekend came from “numerous cloud providers.”

Given the increasing number of DDoS attacks coming from cloud providers, Cloudflare is trialing – what convenient timing – a free botnet threat feed to monitor attacks. Those interested in can sign up here to join the early access waiting list.

Script kiddies going for pay-to-play, for us all

HTTP DDoS attacks overwhelm websites with bogus traffic, and they’re efficient and inexpensive for miscreants to run.

The larger the botnet, the larger an attack can be. And DDoS-as-a-service platforms make it even easier and cheaper for cybercriminals to launch an attack, removing the time and cost of building a botnet by offering the platform for as little as $30 a month, Cloudflare said.

DDoS attacks are also increasingly lucrative, with crooks demanding payment from victims in return for shutting off the flood of traffic. According to Cloudflare, in the fourth quarter 2022, 16 percent of victims said they were targeted by ransom DDoS attacks, compared with 10 percent in Q1 2022.

Cloudflare said the weekend incidents from unknown…

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Syxsense Experiences Record-Breaking Growth As Millions of Remote Workers Create Cyber Security Demand


ALISO VIEJO, Calif., Oct. 29, 2020 /PRNewswire/ — Syxsense, a global leader in IT and security management solutions, announces today it has seen record-breaking growth driven by the demand of secure IT infrastructure to manage the remote workforce.

According to a recent Cisco survey on the Future of Secure Remote Work, most companies were only somewhat prepared to support remote working. This has accelerated technologies, such as Syxsense that allow employees to work remotely and securely, providing businesses with greater flexibility.

Syxsense was the first to provide complete IT management, patching, and security vulnerability scans in a single cloud solution. Syxsense Secure includes malicious process monitoring, automated device quarantine, real-time alerting, and live data that indicates the health of all endpoints in your network or roaming devices. With real-time cloud endpoint management technology, Syxsense creates a baseline defense against known threats by ensuring devices are current with the latest software updates and security patches.

Several clients recently reviewed Syxsense on Gartner-owned Capterra, commenting on Syxsense’s ability to manage and secure remote workers:

  • “I’ve been able to address Windows patching for staff who no longer come into our network due to Covid-19, as well as software patching capabilities. Remote management has also been helpful as well as basic system review/maintenance in the background without the user’s input.” – Director of IT, Hospital & Health Care.
  • “Being able to monitor inventory, processes, patching and queries in real-time have really helped keep our environment secure and up to date. This has been very important as remote working has increased across the board.” – IT Desktop Administrator, Non-Profit Organization Management.
  • “We were starting to see issues keeping our devices up to date prior to Covid but when Covid hit and we were no longer seeing devices in the office. Syxsense was a life saver!  It has allowed us to keep eyes on our devices and ensure that they are fully patched against vulnerabilities. The remote-control feature has allowed us to get to devices that we can’t access via VPN.” – Systems…

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British Airways faces record-breaking GDPR fine after data breach – The Verge

  1. British Airways faces record-breaking GDPR fine after data breach  The Verge
  2. British Airways faces record £183m fine for data breach  BBC News
  3. GDPR: British Airways faces record £183m fine for customer data breach  ZDNet
  4. British Airways faces largest ever data breach fine for 2018 hack  New Scientist
  5. BA faces £183m fine over passenger data breach  The Guardian
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