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no_ico.webp 2021-07-01 12:58:11 (Déjà vu) CISA Ransomware Assessment Tool Released (lien direct) BACKGROUND: The Cybersecurity and Infrastructure Security Agency (CISA) has released the Ransomware Readiness Assessment (RRA), a new module for its Cyber Security Evaluation Tool (CSET). RRA is a security audit self-assessment… Ransomware Tool
SecurityAffairs.webp 2021-07-01 11:33:44 (Déjà vu) US CISA releases a Ransomware Readiness Assessment (RRA) tool (lien direct) The US CISA has released the Ransomware Readiness Assessment (RRA), a new ransomware self-assessment security audit tool. The US Cybersecurity and Infrastructure Security Agency (CISA) has released the Ransomware Readiness Assessment (RRA), a new ransomware self-assessment security audit tool for the agency’s Cyber Security Evaluation Tool (CSET). RRA could be used by organizations to determine […] Ransomware Tool
SecurityWeek.webp 2021-07-01 11:28:24 (Déjà vu) CISA Adds Ransomware Module to Cyber Security Evaluation Tool (lien direct) The U.S. Cybersecurity and Infrastructure Security Agency (CISA) on Wednesday announced the release of a new module for its Cyber Security Evaluation Tool (CSET), namely the Ransomware Readiness Assessment (RRA). Ransomware Tool
AlienVault.webp 2021-07-01 10:00:00 REvil\'s new Linux version (lien direct) This blog was jointly authored with Ofer Caspi. Executive summary The ransomware-as-a-service (RaaS) operation behind REvil have become one of the most prolific and successful threat groups since the ransomware first appeared in May 2019. REvil has been primarily used to target Windows systems. However, new samples have been identified targeting Linux systems. AT&T Alien Labs™ is closely monitoring the ransomware landscape and has already identified four of these samples in the wild during the last month, after receiving a tip from MalwareHuntingTeam. The purpose of this blog is to share recent findings and a summary of the adversary, malware family, and detection options. Key Takeaways: REvil ransomware authors have expanded their arsenal to include Linux ransomware, which allows them to target ESXi and NAS devices. The new Linux version has similarities to the Windows version, which has impacted companies such as JBS, Acer, and... Fernando Martinez Posted by: Fernando Martinez Read full post        Ransomware Malware Threat
Darktrace.webp 2021-07-01 09:00:00 The elevation of cyber-crime to terrorism threat status (lien direct) The US administration have announced that ransomware will now be treated as a terrorism-level threat. This blog discusses what this means for the cyber-criminal world and private organizations, as all levels of society adapt to the new classification. Ransomware Threat ★★★
ComputerWeekly.webp 2021-07-01 07:49:00 (Déjà vu) US Cybersecurity and Infrastructure Security Agency launches ransomware assessment tool (lien direct) Pas de details / No more details Ransomware Tool
The_Hackers_News.webp 2021-07-01 02:14:34 3 Steps to Strengthen Your Ransomware Defenses (lien direct) The recent tsunami of ransomware has brought to life the fears of downtime and data loss cybersecurity pros have warned about, as attacks on the energy sector, food supply chain, healthcare industry, and other critical infrastructure have grabbed headlines. For the industry experts who track the evolution of this threat, the increased frequency, sophistication, and destructiveness of ransomware Ransomware
Fortinet.webp 2021-07-01 00:00:00 Diavol - A New Ransomware Used By Wizard Spider? (lien direct) FortiGuard Labs identified a new ransomware family, Diavol. Learn about the inner workings of Diavol and its possible attribution to the criminal group known as Wizard Spider. Ransomware
bleepingcomputer.webp 2021-06-30 19:01:14 Leaked Babuk Locker ransomware builder used in new attacks (lien direct) A leaked tool used by the Babuk Locker operation to create custom ransomware executables is now being used by another threat actor in a very active campaign targeting victims worldwide. [...] Ransomware Tool Threat
TechRepublic.webp 2021-06-30 17:50:24 Cyber investments are growing, but not enough (lien direct) 64% of respondents to PwC's latest CEO survey expect a jump in reportable ransomware and software supply chain incidents this year, and only 55% are prepared to respond. Ransomware
InfoSecurityMag.webp 2021-06-30 17:47:00 Salvation Army Hit by Ransomware Attack (lien direct) The Christian charity is thought to be negotiating with the attackers over the siphoned data Ransomware
bleepingcomputer.webp 2021-06-30 16:26:33 CISA releases new ransomware self-assessment security audit tool (lien direct) The US Cybersecurity and Infrastructure Security Agency (CISA) has released the Ransomware Readiness Assessment (RRA), a new module for its Cyber Security Evaluation Tool (CSET). [...] Ransomware Tool
SecurityWeek.webp 2021-06-30 15:09:16 Ransomware Increasingly Detected on Industrial Systems: Report (lien direct) Trend Micro on Wednesday released a new report describing the threats affecting industrial control system (ICS) endpoints in 2020. According to the report, ransomware infections saw a significant increase last year, mainly due to a rise in Sodinokibi (REvil), Ryuk, Nefilim and LockBit attacks launched between September and December. Ransomware
TechRepublic.webp 2021-06-30 13:59:01 Ransomware experts urge victims not to pay, but are they listening? (lien direct) The number of attacks from, and payouts to, ransomware extortionists continue to rise despite only 20% saying giving into demands is the best course, Menlo Security finds. Ransomware
Cybereason.webp 2021-06-30 13:33:56 What SMBs Need to Know about Ransomware Attacks (lien direct) What SMBs Need to Know about Ransomware Attacks Ransomware attacks are on the rise. A recently released report by Cybereason, titled Ransomware: The True Cost to Business, detailed how malicious actors are fine-tuning their ransomware campaign tactics, and how both the frequency and severity of successful ransomware attacks have tremendous impact on victim organizations and their ability to conduct business. Ransomware
ComputerWeekly.webp 2021-06-30 10:15:00 Cops seize criminal VPN used by ransomware gangs (lien direct) Pas de details / No more details Ransomware
The_Hackers_News.webp 2021-06-30 05:56:11 [Webinar] How Cyber Attack Groups Are Spinning a Larger Ransomware Web (lien direct) Organizations today already have an overwhelming number of dangers and threats to look out for, from spam to phishing attempts to new infiltration and ransomware tactics. There is no chance to rest, since attack groups are constantly looking for more effective means of infiltrating and infecting systems. Today, there are hundreds of groups devoted to infiltrating almost every industry, Ransomware Spam
bleepingcomputer.webp 2021-06-29 20:59:31 Lorenz ransomware decryptor recovers victims\' files for free (lien direct) Dutch cybersecurity firm Tesorion has released a free decryptor for the Lorenz ransomware, allowing victims to recover some of their files for free without paying a ransom. [...] Ransomware
TechRepublic.webp 2021-06-29 18:04:11 Cyberattacks and ransomware are no longer burglary; they\'re home invasion, expert says (lien direct) More than 3.5 million people worldwide are needed to play defense against cyberattacks. Ransomware
Anomali.webp 2021-06-29 16:29:00 Anomali Cyber Watch: Microsoft Signs Malicious Netfilter Rootkit, Ransomware Attackers Using VMs, Fertility Clinic Hit With Data Breach and More (lien direct) The various threat intelligence stories in this iteration of the Anomali Cyber Watch discuss the following topics: China, NetFilter, Ransomware, QBot, Wizard Spider, and Vulnerabilities. The IOCs related to these stories are attached to Anomali Cyber Watch and can be used to check your logs for potential malicious activity. Figure 1 - IOC Summary Charts. These charts summarize the IOCs attached to this magazine and provide a glimpse of the threats discussed. Trending Cyber News and Threat Intelligence Microsoft Signed a Malicious Netfilter Rootkit (published: June 25, 2021) Security researchers recently discovered a malicious netfilter driver that is signed by a valid Microsoft signing certificate. The files were initially thought to be a false positive due to the valid signing, but further inspection revealed that the malicious driver called out to a Chinese IP. Further research has analyzed the malware, dropper, and Command and Control (C2) commands. Microsoft is still investigating this incident, but has clarified that they did approve the signing of the driver. Analyst Comment: Malware signed by a trusted source is a threat vector that can be easily missed, as organizations may be tempted to not inspect files from a trusted source. It is important for organizations to have network monitoring as part of their defenses. Additionally, the signing certificate used was quite old, so review and/or expiration of old certificates could prevent this malware from running. MITRE ATT&CK: [MITRE ATT&CK] Code Signing - T1116 | [MITRE ATT&CK] Install Root Certificate - T1130 Tags: Netfilter, China Dell BIOSConnect Flaws Affect 30 Million Devices (published: June 24, 2021) Four vulnerabilities have been identified in the BIOSConnect tool distributed by Dell as part of SupportAssist. The core vulnerability is due to insecure/faulty handling of TLS, specifically accepting any valid wildcard certificate. The flaws in this software affect over 30 million Dell devices across 128 models, and could be used for Remote Code Execution (RCE). Dell has released patches for these vulnerabilities and currently there are no known actors scanning or exploiting these flaws. Analyst Comment: Any business or customer using Dell hardware should patch this vulnerability to prevent malicious actors from being able to exploit it. The good news is that Dell has addressed the issue. Patch management and asset inventories are critical portions of a good defense in depth security program. MITRE ATT&CK: [MITRE ATT&CK] Exploitation for Client Execution - T1203 | [MITRE ATT&CK] Exploitation for Privilege Escalation - T1068 | [MITRE ATT&CK] Peripheral Device Discovery - T1120 Tags: CVE-2021-21571, CVE-2021-21572, CVE-2021-21573, CVE-2021-21574, Dell, BIOSConnect Malicious Spam Campaigns Delivering Banking Trojans (published: June 24, 2021) Analysis from two mid-March 2021 spam campaignts revealed that th Ransomware Data Breach Spam Malware Tool Vulnerability Threat Patching APT 30
mcafee.webp 2021-06-29 15:00:34 How to Proactively Increase Your Protection Against Ransomware with Threat Intelligence (lien direct) As Ransomware continues to spread and target organizations around the world, it is critical to leverage threat intelligence data. And not just any threat intelligence but actionable intelligence from MVISION Insights. Fortunately, there are several steps you can take to proactively increase your Endpoint Security to help minimize damage from the next Darkside, WannaCry, Ryuk, […] Ransomware Threat Wannacry
SecurityAffairs.webp 2021-06-29 13:24:14 (Déjà vu) Linux version of REvil ransomware targets ESXi VM (lien direct) The REvil ransomware operators added a Linux encryptor to their arsenal to encrypt Vmware ESXi virtual machines. The REvil ransomware operators are now using a Linux encryptor to encrypts Vmware ESXi virtual machines which are widely adopted by enterprises. The availability of the Linux encryptor was announced by the REvil gang in May, a circumstance […] Ransomware
cyberark.webp 2021-06-29 13:00:46 Ransomware Is Why Healthcare Endpoint Security Needs Urgent Care (lien direct) Throughout the pandemic, a wave of ransomware attacks disrupted operations in healthcare organizations around the world. As frontline workers fought to keep patients alive, many documented records by hand and struggled to deliver effective care... Ransomware
ZDNet.webp 2021-06-29 10:14:23 New ransomware highlights widespread adoption of Golang language by cyberattackers (lien direct) The latest version of Go is being used to prevent reverse-engineering attempts. Ransomware
SecurityAffairs.webp 2021-06-29 08:18:16 Experts developed a free decryptor for the Lorenz ransomware (lien direct) Researchers analyzed a recently discovered threat, the Lorenz ransomware, and developed a free decryptor for the victims of this new operation. The Lorenz ransomware gang has been active since April and hit multiple organizations worldwide demanding hundreds of thousands of dollars in ransoms to the victims. Like other ransomware gangs, Lorenz operators also implement double-extortion […] Ransomware
mcafee.webp 2021-06-28 20:00:16 5 Ransomware Threats Canadians Need to Know (lien direct) Ransomware Every day you place your personal information in the hands of companies and trust that it will remain safe. However, what happens when external threats jeopardize your personal data security, especially while working remotely?  The transition to remote work environments and consumers' online habits have made it more difficult for Canadian employees and consumers to protect their personal information. This challenge is primarily […] Ransomware
Anomali.webp 2021-06-28 19:00:00 Cybersecurity Sharing: The Scope and Impact of President Biden\'s Executive Order (lien direct) Co-written with Austin Stubblefield With cyber threats moving from attacks on private businesses to sweeping strikes on national infrastructure, the federal government is shifting resources and implementing new rules and regulations to address the growing challenge. On May 12, the administration outlined many ways federal agencies should improve their security procedures in an executive order signed by President Joe Biden. After the Solar Winds hack, Colonial Pipeline ransomware attack and a series of other high-stakes, high-profile incidents, Biden's executive order laid the groundwork for improving America's cybersecurity protocols. These included: Removing barriers to information sharing Modernize cybersecurity standards in government Improve software supply chain security Establish a cybersecurity safety review board Create a playbook for cyber incidents For this blog, we'll focus on removing barriers to information sharing and how that can help prevent cybersecurity incidents and breaches. The order reads as follows: Remove Barriers to Threat Information Sharing Between Government and the Private Sector. President Biden’s Executive Order on Improving the Nation’s Cyber Security ensures that IT service providers can share information with government agencies and requires them to share certain breach information. IT providers are often hesitant or unable to voluntarily share information about a compromise. Sometimes this can be due to contractual obligations; in other cases, providers simply may be reluctant to share information about their security breaches. Removing any contractual barriers and requiring providers to share breach information that could impact government networks is necessary to enable more effective defenses of federal departments and to improve the nation’s cybersecurity as a whole. As cyber threats become more sophisticated, the need to communicate and collaborate effectively has never been more critical. Sharing threat intelligence can help security teams act quickly and effectively. Unfortunately, most cybersecurity executives are reluctant to share information. Steps to start sharing threat intelligence President John F. Kennedy was fond of the saying “the rising tide lifts all the boats.” And while he was specifically speaking to the economy, the saying rings true to the benefit all organizations see from the act of sharing intelligence. Whether your organization is actively sharing intelligence or hasn’t started, here are some tips on where to get started or enhance your sharing strategy: Tools and communities – Choose appropriate tools and communities to share threat intelligence. Possible options are: Email is the most accessible starting point Write, publish and share threat bulletins. Anomali ThreatStream provides easy to use tools for converting investigations into professional threat bulletins Tools such as Anomali STAXX, a free solution offered by Anomali that supports sharing indicators through STIX and TAXII ISACs and other industry organizations, which generally have mechanisms in place for collaboration and sharing Ad hoc sharing with local entities or partners in other industries Anomali ThreatStream users have an existing and very robust solution for sharing indicators of compromise and other intelligence with other organizations, as well as the ability to create and join industry ISACs and unique sharing communities through Anomali Trusted Circles Ransomware Threat
bleepingcomputer.webp 2021-06-28 17:26:32 REvil ransomware\'s new Linux encryptor targets ESXi virtual machines (lien direct) The REvil ransomware operation is now using a Linux encryptor that targets and encrypts Vmware ESXi virtual machines. [...] Ransomware
ComputerWeekly.webp 2021-06-28 11:30:00 Insurers unprepared for challenges of underwriting ransomware (lien direct) Pas de details / No more details Ransomware
The_Hackers_News.webp 2021-06-28 00:02:48 DMARC: The First Line of Defense Against Ransomware (lien direct) There has been a lot of buzz in the industry about ransomware lately. Almost every other day, it's making headlines. With businesses across the globe holding their breath, scared they might fall victim to the next major ransomware attack, it is now time to take action. The FBI IC3 report of 2020 classified Ransomware as the most financially damaging cybercrime of the year, with no major Ransomware
Trend.webp 2021-06-28 00:00:00 Nefilim Ransomware Attack Through a MITRE Att&ck Lens (lien direct) Follow the story of Company X as they suffer an attack from the notorious modern ransomware family, Nefilim, and their affiliates, to learn how you can better mitigate against the common tactic and techniques used in these attacks. Ransomware
SecurityAffairs.webp 2021-06-26 15:14:01 New ransomware group Hive leaks Altus group sample files (lien direct) On June 14th, Altus Group, a commercial real estate software solutions firm, disclosed a security breach, now Hive ransomware gang leaked its files. On June 14th, Altus Group, a commercial real estate software solutions company, has announced that its data was breached. A week later, they reported “no evidence of impact”. Now, we have information […] Ransomware
SecurityAffairs.webp 2021-06-26 05:11:34 Epsilon Red – our research reveals more than 3.5 thousand servers are still vulnerable (lien direct) CyberNews researchers analyzed the recently discovered Epsilon Red operations and found that more than 3.5K servers are still vulnerable Several weeks later, security researchers from Sophos have discovered a new ransomware variant known as Epsilon Red. Now, we know exactly how it was carried out – and what you should do to be safe from it. Seemingly, […] Ransomware
Cybereason.webp 2021-06-25 22:54:59 Ransomware Attacks: Will G7 and Biden-Putin Summits Prove Fruitful? (lien direct) Ransomware Attacks: Will G7 and Biden-Putin Summits Prove Fruitful? I've been very busy lately. Between the back-to-back ransomware attacks and the release of our ransomware report highlighting the impact on business from ransomware attacks, I have been asked to share my thoughts and insights on a variety of broadcast and print media outlets.  Ransomware
SecurityAffairs.webp 2021-06-25 20:01:03 Marketo Marketplace – Cybercriminals are targeting major law firms (lien direct) Cybercriminals published for sale in Dark Web 58GB of data stolen from Hollingsworth LLP. One of the emerging underground marketplaces of stolen data ‘Marketo’ available in TOR network announced the publication of data presumably stolen from Hollingsworth LLP, one of the largest U.S.-based law firms.  The information about the new victim of ransomware activity first […] Ransomware
bleepingcomputer.webp 2021-06-25 19:09:49 The Week in Ransomware - June 25th 2021 - Back in Business (lien direct) It has been relatively quiet this week, with few attacks revealed and few new ransomware variants released. However, some interesting information came out that we have summarized below. [...] Ransomware
TechRepublic.webp 2021-06-25 19:09:20 Ransomware-as-a-service business model takes a hit in the aftermath of the Colonial Pipeline attack (lien direct) Cybercrime gangs are finding it harder to recruit partners for the affiliate programs that power ransomware attacks. Ransomware ★★★★
itsecurityguru.webp 2021-06-25 14:48:29 #RansomAware: Coalition forms to fight back on ransomware (lien direct) A new cybersecurity coalition, which is backed by IT Security Guru, has launched this week in a move to fight back against ransomware. The coalition is part of a new movement headed by managed security service provider Talion, called #RansomAware, which encourages organisations to come clean on ransomware and speak up about the attacks they […] Ransomware
SecurityAffairs.webp 2021-06-25 10:02:32 Clop gang members recently arrested laundered over $500M in payments (lien direct) The Clop ransomware members that were recently arrested laundered over $500M in ransomware payments for several malicious actors. The members of the Clop ransomware gang that were recently arrested in Ukraine laundered over $500M for several cybercrime groups. Data related to the money laundering activities were provided by the cryptocurrency exchange portal Binance, who tracked the group as […] Ransomware
The_Hackers_News.webp 2021-06-24 23:58:15 Clop Gang Partners Laundered $500 Million in Ransomware Payments (lien direct) The cybercrime ring that was apprehended last week in connection with Clop (aka Cl0p) ransomware attacks against dozens of companies in the last few months helped launder money totaling $500 million for several malicious actors through a plethora of illegal activities. "The group - also known as FANCYCAT - has been running multiple criminal activities: distributing cyber attacks; operating a Ransomware
zataz.webp 2021-06-24 22:41:21 Le ransomware Cl0p est-il vraiment mort ? (lien direct) Alors que les autorités ukrainienne annonçait il y a peu l'arrestation de membres du groupe de ransomware Cl0P, ZATAZ découvre que Cl0P est toujours vivant !... Ransomware
Kaspersky.webp 2021-06-24 19:52:35 Oh FCUK! Fashion Label, Medical Diagnostics Firm Latest REvil Victims (lien direct) The infamous ransomware group hit two big-name companies within hours of each other.   Ransomware
bleepingcomputer.webp 2021-06-24 15:56:07 Binance exchange helped track down Clop ransomware money launderers (lien direct) Cryptocurrency exchange service Binance played an important part in the recent arrests of Clop ransomware group members, helping law enforcement in their effort to identify, and ultimately detain the suspects. [...] Ransomware ★★
itsecurityguru.webp 2021-06-24 15:48:52 AT&T Alien Labs researchers analyse Linux version of Darkside ransomware (lien direct) Shortly after hitting Colonial Pipeline, Darkside developers announced they would be closing operations. Nevertheless, researchers at AT&T Alien Labs have observed evidence that the group has completed a Linux version of its malware that is targeting ESXi servers hosting VMware virtual machines. To this point, the authors announced the Darkside 2.0 version with Linux capabilities. […] Ransomware Malware
TechRepublic.webp 2021-06-24 14:20:41 Remote Access Trojan now targeting schools with ransomware (lien direct) Dubbed ChaChi by researchers at BlackBerry, the RAT has recently shifted its focus from government agencies to schools in the US. Ransomware
Kaspersky.webp 2021-06-24 13:14:56 Tulsa\'s Police-Citation Data Leaked by Conti Gang (lien direct) A May 6 ransomware attack caused disruption across several of the municipality's online services and websites. Ransomware
SecurityAffairs.webp 2021-06-24 13:13:25 ChaChi, a GoLang Trojan used in ransomware attacks on US schools (lien direct) A new Trojan written in the Go programming language, tracked as ChaChi, was involved in ransomware attacks against government agencies and US schools. Researchers from BlackBerry Threat Research and Intelligence spotted a new RAT written in the Go programming language, dubbed ChaChi, which has been used by PYSA (aka Mespinoza) operators to target victims globally. The […] Ransomware Threat
SecurityWeek.webp 2021-06-24 11:50:35 Tulsa Says Ransomware Attackers Shared Personal Information (lien direct) Those responsible for a ransomware attack on the city of Tulsa last month are sharing personal information of some residents online, city officials said Wednesday. Ransomware
InfoSecurityMag.webp 2021-06-24 10:46:00 Ransomware Attacks Decline as Gangs Focus on Lucrative Targets (lien direct) The volume of ransomware attacks fell by 50% in Q1 2021, with a shift to targeting fewer, larger targets Ransomware
AlienVault.webp 2021-06-24 10:00:00 A mid-year update for Cybersecurity – 4 trends to watch (lien direct) This blog was written by an independent guest blogger. It is nearing the mid-year point of 2021, and already it can be characterized as” the year of the breach.” Many companies and institutions saw their security perimeters pierced by hackers including the mega-breaches of Solar Winds and the Colonial Pipeline.  The scale of penetration and exfiltration of data by hackers and the implications are emblematic of the urgency for stronger cybersecurity.  Although there are a variety of trends emerging in the first six months, below are four that stand out as barometers of what lies ahead.   1. Ransomware attacks are taking center stage as Cyber-threats There is ample evidence that ransomware has become a preferred method of cyber-attack choice by hackers in 2021. As of May 2021, there has been a 102% surge in ransomware attacks compared to the beginning of 2020, according to a report from Check Point Research. Hackers have found ransomware ideal for exploiting the COVID-19 expanded digital landscape. The transformation of so many companies operating is a digital mode has created many more targets for extortion. One office with 4,000 employees has become 4,000 offices. In addition to an expanding attack surface, hackers are more active than before because they can get paid easier for their extortion via cryptocurrencies that are more difficult for law enforcement to trace. Criminal hacker groups are becoming more sophisticated in their phishing exploits by using machine learning tools. They are also more coordinated among each other sharing on the dark web and dark web forums. In 2020, according to the cybersecurity firm Emsisoft, ransomware gangs attached more than 100 federal, state, and municipal agencies, upwards of 500 health care centers, 1,680 educational institutions and untold thousands of businesses. As a result of the Colonial Pipeline Ransomware attack and others, the U.S. Department of Justice and the FBI have prioritized investigating and prosecuting hackers who deploy ransomware. The impact for the rest of 2021 will be more ransomware attacks against institutions and corporations who are less cyber secure, especially to targets that cannot afford to have operations impeded such as health care, state & local governments, educational institutions, and small and medium sized businesses. See: The New Ransomware Threat: Triple Extortion - Check Point Software Why Ransomware is So Dangerous and Difficult to Prevent | Manufacturing.net 2. Cyber-attacks are a real threat to commerce and economic prosperity So far this year, cyber-attacks have grown in number and sophistication, repeating a trend of the last several years. The recent cycle of major industry and governmental cyber breaches is emblematic of growing risk. The attacks are also becoming more lethal and costly to industry. A new NIST report was released on the economic impact to the U.S. economy by breaches, and it is alarming. The report suggests that the U.S. Loses hundreds of billions to cybercrime, possibly as much as 1 % to 4 % of GDP annually. The beach stats are part of a bigger global trend. The firm Cybersecurity Ventures predicts that global cybercrime damages will reach $6 trillion annually by this end of this year. The firm’s damage cost estimation is based on historical cybercrime figures including recent year-over-year growth, a dramatic increase in hostile nation-state sponsored and organized crime gang hacking activities, and a cyberattack surface. In both the public and private sectors, there is a Ransomware Malware Tool Threat
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