New Cybereason Ransomware Study Reveals True Cost to UAE Businesses.

New Cybereason Ransomware Study Reveals True Cost to UAE Businesses.
CNME Editor Mark Forker spoke to Leila Serhan, Public Sector Director, Microsoft UAE, at GISEC 2021, to learn more about the need for tech intensity, how the US technology leader is helping to drive the digital transformation of the UAE economy, and how the security landscape has changed since COVID-19.
Gangs of cyber criminals, organising themselves along the lines of drug cartels, are changing the ‘rules’ of ransomware attacks to keep ahead of the authorities’ efforts to thwart their activities. That’s the conclusion of a new report by leading cyber analytics expert CyberCube.
Ransomware is on the rise again. A recent industry report found that ransomware attacks increased by 150% in the last year, while blockchain research firm Chainalysis saw a 311% increase, year on year, to the end of 2020 in the number of actual ransomware attacks. Ransomware is also a growing concern in the Middle East region, as attack frequency and sophistication rose significantly since last year.
A new threat actor SentinelLabs tracked as Agrius was observed operating in Israel starting in 2020. Initially engaged in espionage activity, Agrius deployed a set of destructive wiper attacks against Israeli targets, masquerading the activity as ransomware attacks. The attacks were carried out using DEADWOOD (aka Detbosit), a wiper with unconfirmed links to an Iranian threat group.
Vectra and Zscaler Enable Zero Trust Visibility into Business-Critical Applications. Comprehensive Zero Trust Architecture Prevents Attack Methods Emerging from the Remote, Cloud Based Workforce.
Group-IB launches regional HQ in Dubai. City becomes home to its MEA Threat Intelligence & Research Centre.
Cybersecurity experts to meet at GISEC to explore collaborative international response to escalating cyber threats.
Adversaries Spend More than 250 Hours Undetected in Target Networks on Average, According to Sophos.
Ransomware operators and where to find them: Kaspersky sheds light on the ransomware ecosystem.
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