January 9, 2024

What were the largest ransomware demands of 2023?

According to the 2023 State of Ransomware Report from the Malwarebytes Threat Intelligence team, there were 1,900 ransomware threats within four countries (Germany, the UK, the US, and France) in one year. The report reveals that the US experienced 43 percent of all global attacks, while the attacks doubled in France in the past five months.

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A global survey of cybersecurity professionals in 2023 disclosed that 36 percent of businesses fell victim to ransomware attacks due to exploited vulnerabilities. Credential compromise emerged as the second most prevalent cause of successful ransomware attacks, followed by phishing emails.

Take a guess at the dollar value of the ransom demands and then check out  our list of the Top 8 largest ransomware demands of 2023.

You may also be interested in:

• Top 7 cybersecurity fails of 2023
• How to avoid being a quishing victim
• Cybersecurity predictions for 2024

News roundup Mon, January 8, 2024

Stories, news, politics and events impacting the network security industry during the last week.

1. Apple MacOS backdoor SpectralBlur discovered with link to North Korean hacking groups
2. Banking Trojans evolve to target mobile financial apps
3. Iranian hackers attack small-town Pennsylvania water plant
4. Government watchdog warns about existing vulnerabilities in medical devices
5. Radioactive waste management plant targeted by hackers through LinkedIn
6. NSO Group’s Pegasus spyware used to target prominent journalists in India
7. Study predicts AI in cybersecurity market will reach $60.6 billion by 2028
8. 75% of US consumers say cyber incidents would prompt them to stop using brands
9. Russian-sponsored Sandworm reported to have access to Ukrainian telecom since at least May 2023
10. Xerox subsidiary hit with ransomware attack

Read more

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