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U.S. Experiences 52% Increase in the Number of Ransomware Attacks in One Year

Aug 30, 2024 By Stu Sjouwerman In KnowBe4
New analysis of current ransomware attacks shows a massive focus on U.S. organizations, with growth spread across nearly every industry. One would think there would be a slowdown in the number of ransomware attacks due to the amount of threat intelligence and best practices to mitigate this threat.
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Nearly Half of Mid-Market and Enterprise Organizations Have Experienced Four or More Ransomware Attacks in the Last Year

Aug 30, 2024 By Stu Sjouwerman In KnowBe4
New data exposes the reality of ransomware attacks today, including their frequency, impact, ransom payment – and the involvement of human error. It’s readily evident that ransomware is only growing as a threat. But a new infographic from ERP Cybersecurity vendor Onapsis covering the state of ransomware provides some context on just how critical the threat is right now: The most shocking stat is that in 81% of attacks, human error was involved in the successful execution of the ransomware.
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Threat Actors Abuse Microsoft Sway to Launch QR Code Phishing Attacks

Aug 30, 2024 By Stu Sjouwerman In KnowBe4
Researchers at Netskope last month observed a 2000-fold increase in traffic to phishing pages delivered through Microsoft Sway. The phishing attacks are targeting organizations in the technology, manufacturing, and finance sectors in Asia and North America. Most of these attacks involved QR code phishing (quishing) to trick victims into visiting the malicious sites.
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Fewer, High-Profile Ransomware Attacks Are Yielding Higher Ransoms

Aug 29, 2024 By Stu Sjouwerman In KnowBe4
Analysis of cryptocurrency payments made on the blockchain highlights shifts in the size and frequency of ransomware attacks and may paint a bleak picture for the remainder of the year. Each quarter, blockchain analysis company, Chainalysis, analyzes cybercriminal activity from the perspective of blockchain use to facilitate payments, crypto theft, etc.
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Phishing Attacks Are Increasingly Targeting Social Media and Smartphone Users

Aug 28, 2024 By Stu Sjouwerman In KnowBe4
Threat actors are increasingly tailoring their attacks to target social media apps and smartphone users, according to a new report from the Anti-Phishing Working Group (APWG). As email security technologies improve, scammers are turning to social media apps, text messages, and voice calls to conduct social engineering attacks.
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Email Compromise Remains Top Threat Incident Type for the Third Quarter in a Row

Aug 28, 2024 By Stu Sjouwerman In KnowBe4
New analysis of Q2 threats shows a consistent pattern of behavior on the part of threat actors and threat groups, providing organizations with a clear path to protect themselves. It’s every cybersecurity professionals’ worry; whether the security controls they’ve put in place will actually stop attacks.
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Ransomware Recovery Costs Have Doubled for State and Local Governments

Aug 27, 2024 By Stu Sjouwerman In KnowBe4
Thirty-four percent of state and local government entities were hit by ransomware in 2024, a new report from Sophos has found. While this is a decrease compared to the attack rate in 2023, the mean cost of recovery for these entities has more than doubled to $2.83 million. Seventy-two percent of ransom demands made to state and local government organizations in 2024 were for $1 million or more, with 37% of demands for $5 million or more.
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More Carrots and Fewer Sticks

Aug 27, 2024 By Roger Grimes In KnowBe4
As I sit in the 2024 Seattle Convene conference this week and listen to speaker after speaker talk about their successful security awareness training programs, one thing is perfectly clear. They all prefer carrots and fewer sticks. A question human risk managers frequently ask me is what role negative consequences should play in a successful security awareness training program?
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The Number of Email-Based Cyber Attacks Detected Surge 239% in 1H 2024

Aug 23, 2024 By Stu Sjouwerman In KnowBe4
New data shows the most prevalent and obvious path into an organization – email – continues to be exploited by a growing number of cybercriminals. Email is one of those technologies that doesn’t seem willing to be replaced by collaborative tools that connect individuals and organizations – in many cases – in far more productive ways. And because of this, cybercriminals continue to leverage email to gain access to users.
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Deceptive AI: A New Wave of Cyber Threats

Aug 23, 2024 By Javvad Malik In KnowBe4
As artificial intelligence (AI) technology advances, its influence on social media has become more and more pervasive and riddled with challenges. In particular, the ability for humans to discern genuine content from AI-generated material. Our recent survey conducted with OnePoll on over 2,000 UK workers found that a substantial portion of social media users are struggling to navigate this new digital frontier.
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