Category Archives: ransomware attacks

Countdown to Ransomware: Analysis of Ransomware Attack Timelines

Posted on by

This research was made possible through the data collection efforts of Maleesha Perera, Joffrin Alexander, and Alana Quinones Garcia. Key Highlights The average duration of an enterprise ransomware attack reduced 94.34% between 2019 and 2021:  2019: 2+ months — The TrickBot (initial access) to Ryuk (deployment) attack path resulted in a 90% increase in ransomware […]

The post Countdown to Ransomware: Analysis of Ransomware Attack Timelines appeared first on Security Intelligence.

Continue reading Countdown to Ransomware: Analysis of Ransomware Attack Timelines→

Black Basta Besting Your Network?

Posted on by

This post was written with contributions from Chris Caridi and Kat Weinberger. IBM Security X-Force has been tracking the activity of Black Basta, a new ransomware group that first appeared in April 2022. To date, this group has claimed attribution of 29 different victims across multiple industries using a double extortion strategy where the attackers […]

The post Black Basta Besting Your Network? appeared first on Security Intelligence.

Continue reading Black Basta Besting Your Network?→

ITG23 Crypters Highlight Cooperation Between Cybercriminal Groups

Posted on by

IBM Security X-Force researchers have continually analyzed the use of several crypters developed by the cybercriminal group ITG23, also known as Wizard Spider, DEV-0193, or simply the “Trickbot Group”. The results of this research, along with evidence gained from the disclosure of internal ITG23 chat logs (“Contileaks”), provide new insight into the connections and cooperation […]

The post ITG23 Crypters Highlight Cooperation Between Cybercriminal Groups appeared first on Security Intelligence.

Continue reading ITG23 Crypters Highlight Cooperation Between Cybercriminal Groups→

New DOJ Team Focuses on Ransomware and Cryptocurrency Crime

Posted on by

While no security officer would rely on this alone, it’s good to know the U.S. Department of Justice is increasing efforts to fight cyber crime. According to a recent address in Munich by Deputy Attorney General Lisa Monaco, new efforts will focus on ransomware and cryptocurrency incidents. This makes sense since the X-Force Threat Intelligence […]

The post New DOJ Team Focuses on Ransomware and Cryptocurrency Crime appeared first on Security Intelligence.

Continue reading New DOJ Team Focuses on Ransomware and Cryptocurrency Crime→

Expert Insights: What’s Next for Ransomware?

Posted on by

Last year, many organizations stopped talking about when the workforce would be back full-time in the office. Instead, they focused on how we build a hybrid work model for the future. 2021 was active and interesting – for lack of a better word. There’s a lot to say in terms of cyber crime in general […]

The post Expert Insights: What’s Next for Ransomware? appeared first on Security Intelligence.

Continue reading Expert Insights: What’s Next for Ransomware?→

Ransomware Resilience Tops Findings in X-Force Threat Intelligence Index 2022

Posted on by

For the third year in a row, ransomware was the top attack type globally in 2021, despite some successes last year by law enforcement to take down ransomware groups. This was among the top findings of IBM Security’s latest research published in the tenth annual X-Force Threat Intelligence Index, a comprehensive overview of the global […]

The post Ransomware Resilience Tops Findings in X-Force Threat Intelligence Index 2022 appeared first on Security Intelligence.

Continue reading Ransomware Resilience Tops Findings in X-Force Threat Intelligence Index 2022→

Why Local Governments Remain at Risk of Cyber Crime

Posted on by

While big-name incidents fill the headlines, local governments and agencies face cyber crime at an alarming rate. In a very direct way, this impacts everyone’s life. The pandemic has forced state and local groups to deploy defenses at a distance over their networks and apps. But local security is often not encrypted and insecure, with […]

The post Why Local Governments Remain at Risk of Cyber Crime appeared first on Security Intelligence.

Continue reading Why Local Governments Remain at Risk of Cyber Crime→

Active Ransomware Recovery: Five Steps for Success

Posted on by

When it comes to ransomware, it’s a matter of when not if. The data tells the tale. Both the volume and types of ransomware attacks are on the rise. Plus, attackers aren’t just after enterprises. They now target businesses of all shapes and sizes. That way, they increase their chances of breaching security perimeters and […]

The post Active Ransomware Recovery: Five Steps for Success appeared first on Security Intelligence.

Continue reading Active Ransomware Recovery: Five Steps for Success→

What CISA Incident Response Playbooks Mean for Your Organization

Posted on by

What does the latest U.S. federal ruling on cybersecurity mean for you? The recent executive order and U.S. Cybersecurity & Infrastructure Security Agency (CISA) commentary on it could provide a good framework for defending against ransomware and other attacks. In its executive order on ‘Improving the Nation’s Cybersecurity,’ the White House directed the Secretary of […]

The post What CISA Incident Response Playbooks Mean for Your Organization appeared first on Security Intelligence.

Continue reading What CISA Incident Response Playbooks Mean for Your Organization→

What CISA Incident Response Playbooks Mean for Your Organization

Posted on by

What does the latest U.S. federal ruling on cybersecurity mean for you? The recent executive order and U.S. Cybersecurity & Infrastructure Security Agency (CISA) commentary on it could provide a good framework for defending against ransomware and other attacks. In its executive order on ‘Improving the Nation’s Cybersecurity,’ the White House directed the Secretary of […]

The post What CISA Incident Response Playbooks Mean for Your Organization appeared first on Security Intelligence.

Continue reading What CISA Incident Response Playbooks Mean for Your Organization→