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According to the 2022 Cyber Threat Report, 2021 saw a global average increase of 105% in the number of ransomware attacks. The 2022 State of the Phish report said that a staggering 82% of UK businesses that experienced a ransomware attack sent payment to the cyber criminals – believing this was the cheapest and easiest way to regain access to their data. However, in many cases criminals simply took the payment without restoring access and...

Yesterday, after 32 years, Microsoft has begun to kill off the Microsoft Office brand, with plans to rebrand its Office.com and Office cloud-based apps to Microsoft 365 in the near future. It all began in 1990 when Microsoft was first released, bundling its popular Word, Excel, and PowerPoint applications under a one-time purchase productivity suite. Later versions introduced additional programs, such as Outlook, Access, and OneNote. Back in 2017, Microsoft started offering Office applications under...

Last week, German Interior Minister Nancy Faeser could dismiss Arne Schoenbohm, president of the Federal Office for Information Security (BSI) due to possible contact with Russian security agents, German media reported on Sunday, October 9, 2022, citing government sources. Schoenbohm, a founder of the Cyber Security Council of Germany, an industrial consortium, is alleged to have had contacts with people from one of the association’s members, a German subsidiary of a Russian cybersecurity firm founded...

Yesterday Twitter announced that they had remediated an issue that allowed accounts to stay logged in across multiple devices even after a voluntary password reset. In an update earlier this week, the social media company explained that the bug meant users who proactively changed their passwords on one device may have still been able to access open sessions on other screens. It is important to note that users who choose password resets voluntarily may be...

Earlier today, American Airlines became the latest big-name brand to announce a data breach, after an unauthorized actor compromised employee inboxes. A statement released from the aerospace giant confirmed that the source of the incident was a phishing attack which “led to the unauthorized access to a limited number of team-member mailboxes.” The airline explained that “a very small number of customers’ and employees’ personal information” was contained in the accessed emails, suggesting that its attackers...

Password management giant LastPass has revealed details of a security incident earlier this month in which proprietary information was stolen by threat actors. The company said that the intrusions took place two weeks ago. The firm said that the intrusion took place two weeks ago. “We have determined that an unauthorized party gained access to portions of the LastPass development environment through a single compromised developer account and took portions of source code and some...

Earlier this week it was announced that the Transatlantic Cyber Security Business Network (TCBN) have partnered with the International Cyber Expo 2022. The event, which runs from 27th-28th September at Olympia London, Kensington, will host 5000 delegates and over 100 leading cyber vendors. As part of the event, TCBN will host its own exhibit that will provide a central hub for the team and members to participate, network and collaborate throughout the event. TCBN, established...

Cryptojackers, trojanised crypto-currency miners, continue to spread across computers globally, while also becoming stealthier and increasingly avoiding detection. The new analysis was published by Microsoft's 365 Defender Research Team on Thursday. The technical write up reads: “In the past several months, Microsoft Defender Antivirus detected cryptojackers on hundreds of thousands of devices every month." “These threats also continue to evolve: recent cryptojackers have become stealthier, leveraging living-off-the-land binaries (LOLBins) to evade detection.” Cryptojackers are using...

The progression into the digital age is inevitable. It’s necessary to embed innovative technologies into all aspects of business, from decision-making to daily operations or risk being left behind. But how is an organisation supposed to protect itself from cyberattacks without degrading its ability to extract value from technology investments? That’s easier said than done. The rush to modernise systems and operations may introduce vulnerabilities across the business, therefore, exposing it to a great many...

According to a confidential United Nations (UN) report seen by Reuters on Thursday, North Korea stole hundreds of millions of dollars worth of crypto assets in at least one major hack. Also, the document allegedly suggests that the US previously accused North Korea of carrying out cyber-attacks to fund its nuclear and missile programs. The document stated: "Other cyber activity focusing on stealing information and more traditional means of obtaining information and materials of value...