Author Archives: Limor Kessem

The Ransomware Playbook Mistakes That Can Cost You Millions

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If there is one type of cyberattack that can drain the color from any security leader’s face, it’s ransomware. A crippling, disruptive, and expensive attack to recover from, with final costs rarely being easy to foretell. Already a prevalent threat, the number of ransomware attacks rose during the pandemic and nearly doubled in the year […]

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Healthcare Breaches Costliest for 12 Years Running, Hit New $10.1M Record High

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IBM Security and the Ponemon institute release an annual report known as one the most significant industry benchmarks. The Cost of a Data Breach analysis examines real-world breaches in great detail, producing insights into the factors that impact the cost of cyber-attacks. In the 2022 report just released, the healthcare sector stands out for extremely […]

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Top-Ranking Banking Trojan Ramnit Out to Steal Payment Card Data

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Shopping online is an increasingly popular endeavor, and it has accelerated since the COVID-19 pandemic. Online sales during the 2021 holiday season rose nearly 9% to a record $204.5 billion. Mastercard says that shopping jumped 8.5% this year compared to 2020 and 61.4% compared to pre-pandemic levels. Cyber criminals are not missing this trend. The […]

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X-Force Threat Intelligence: Monthly Malware Roundup

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Today’s reality means that organizations need to be constantly vigilant against security breaches. Having a robust incident response plan in place is vital. IBM Security X-Force is a team dedicated to delivering the latest threat intelligence, research and analysis reports that help you manage risk in your organization. This monthly malware roundup offers a summary […]

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Nobelium Espionage Campaign Persists, Service Providers in Crosshairs

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In an advisory released on October 24, Microsoft announced ongoing campaigns it has attributed to the Nobelium state-sponsored threat group. IBM X-Force tracks this group as Hive099. If the name sounds familiar, that’s because it is the same group that targeted SolarWinds in 2020. The U.S. government has identified Nobelium as part of Russia’s foreign […]

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Data Breach Costs at Record High, Zero Trust, AI and Automation Help Reduce Costs

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Data breaches have been growing in numbers and scale, taking longer to detect and contain. The average total cost of a data breach is at its highest of 17 years, at $4.24 million. The year over year increase of 10% is the largest single year cost increase recorded in the last 7 years. IBM and […]

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REvil Ransomware Gang Launches Major Supply Chain Attack Through Kaseya, Downstream Impact May Affect Over 1,500 Customers

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On July 2, 2021, Kaseya customers were notified of a compromise affecting the company’s VSA product in a way that poisoned the product’s update mechanism with malicious code. VSA is a remote monitoring and management tool for networks and endpoints intended for use by enterprise customers and managed service providers (MSPs). According to Kaseya, it […]

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Surge of New Digital Accounts During the Pandemic Leads to Lingering Security Side Effects

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How many online accounts did you open during the pandemic? A new survey examines the impact of this digital surge on risk to consumers and businesses alike. The unexpected nature of a global pandemic that washed over the entire world left everyone scrambling to maintain their daily activities and work as best they could. With […]

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Shedding Light on the DarkSide Ransomware Attack

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It has been well over a decade since cybersecurity professionals began warning about both nation-state and financially motivated cyber-kinetic attacks. Concerned about a cybersecurity threat that would have the potential to destroy physical assets and human lives, many looked to sound the alarm in industrial organizations, tracking the vulnerabilities that could lead to a compromise […]

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The Sodinokibi Chronicles: A (R)Evil Cybercrime Gang Disrupts Organizations for Trade Secrets and Cash

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It likes big game hunting, it enjoys deploying Cobalt Strike and it dabbles in critical vulnerability abuse. It’s known as Sodinokibi/REvil, a ransomware strain that emerged in 2019 as the heir to the GandCrab ransomware, a malware family that supposedly retired from the cyber crime arena in mid-2019 after reportedly amassing illicit profits of over […]

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