30th December – Threat Intelligence Report

TOP ATTACKS AND BREACHES The Clop ransomware gang exploited a zero-day vulnerability (CVE-2024-50623) in Cleo’s Secure File Transfer products and is extorting 66 companies following alleged data theft. The attackers have given the victims 48 hours to initiate ransom negotiations before publicly disclosing their identities. This incident mirrors Clop’s previous exploitation of zero-day flaws in platforms like Accellion FTA, GoAnywhere MFT, and MOVEit Transfer. Check Point Harmony Endpoint, Threat Emulation and IPS […]

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Tech Ransomware is 35 years old and now a billion-dollar problem. Here’s how it could evolve

Ryan Browne Key Points Dating back to the 1980s, ransomware is a form of malware used by cybercriminals to lock files on a person’s computer and demand payment to unlock them. The technology — which officially turned 35 in December — has come a long way, with criminals now able to spin up ransomware much faster and deploy it across multiple targets. Experts expect ransomware to evolve even further, with […]

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2024 Cybersecurity Trends

Jeff Crume’s “2024 Cybersecurity Trends” likely discusses emerging trends and developments in the cybersecurity landscape anticipated for the year 2024. This could include advancements in technology, changes in threat landscape, new regulatory requirements, evolving best practices, and strategies for organizations to stay ahead of cyber threats. Without watching the video directly, I can’t provide specifics, but it’s likely to cover a range of topics relevant to cybersecurity professionals and organizations […]

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Adapting to a new era of cybersecurity in the age of AI

BrandPost By Microsoft Security: Cybersecurity is undergoing a massive transformation, and AI is at the forefront of that change. AI has the power to transform security operations, enabling organizations to defeat cyberattacks at machine speed and drive innovation and efficiency in threat detection, hunting, and incident response. It also has major implications for the ongoing global cybersecurity shortage. Roughly 4 million cybersecurity professionals are needed worldwide. AI can help overcome this gap […]

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LockBit Ransomware Group Demands $11 Million From Government to Unlock Files

By Kaaviya Ragupathy A devastating ransomware attack by Lockbit recently targeted the charming city of Calvià in Majorca, Spain, which is well-known for its tourism appeal. This incident underscores the escalating audacity of ransomware groups targeting both governmental and corporate entities. ANY.RUN reported that the attack led to IT outages, suspending all administrative deadlines until January 31, 2024. ANY.RUN is a cloud malware sandbox that handles the heavy lifting of malware […]

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