Triple Extortion and Erased Data are the New Ransomware Norm

The old days of “honest” ransomware gangs are long gone. In the past, ransomware groups pressured each other to honor file decryption promises after the ransom was paid. However, their motives were far from altruistic. They thought victims would be less willing to pay if word got out that their files would never be recovered. […]

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How Falling Crypto Prices Impacted Cyber Crime

Some rare good news in the world of cyber crime trends: Certain crimes declined in 2022 after years of constant rises. Should we credit crypto? Some estimates say that cryptocurrencies have lost $2 trillion in value since November 2021. During that time, the costs associated with cyber crimes, such as ransomware payouts and financial scams, […]

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How Reveton Ransomware-as-a-Service Changed Cybersecurity

In 2012, Reveton ransomware emerged. It’s considered to be the first Ransomware-as-a-Service (RaaS) operation ever. Since then, RaaS has enabled gangs with basic technical skills to launch attacks indiscriminately. Now, nearly anyone can create highly effective malware campaigns. We now see RaaS outfits with organizational capabilities that rival the most professional Software-as-a-Service (SaaS) brands. But […]

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Security Supply and Demand: An Economic Approach to Cybersecurity Risk Management

Effective cybersecurity risk management boosts infosec supply and reduces cost demands, but it isn’t a purely technological venture. Here’s how economic theory can help reduce total risk.

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More_eggs, Anyone? Threat Actor ITG08 Strikes Again

Reading Time: 14 minutes X-Force IRIS observed ITG08, which has historically targeted POS machines in the retail and hospitality sectors, injecting malicious code into online checkout pages to steal payment card data.

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The Dark Web Market Is Moving Toward IaaS and MaaS — Here’s Why

The dark web market is shifting from commodities to cybercrime services such as infrastructure-as-a-service (IaaS) and malware-as-a-service (MaaS), creating benefits and challenges for security teams.

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Stressed to Impress: Evolving Threats Raise the Stakes on Shared Security Culture

Shared security culture is now critical for organizations to prevent IT burnout and respond to emerging threats. But what does this look like in practice?

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Cybercrime Has Become a Commodity

Cybercrime tools available through private networks and on the Dark Web make it easier than ever for would-be fraudsters to infiltrate networks.

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The Dark Web Marketplace: A Shopping Center for Attackers

Cybercriminals are steeped in a culture of trading malicious tools. This Dark Web marketplace drives the evolution of the cyberthreat landscape.

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Cybercrime-as-a-Service Poses a Growing Challenge

Cybercrime-as-a-service poses a new security challenge because it allows malicious actors to leverage other cybercriminals’ resources to conduct attacks.

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