A ransomware attack can demoralize or debilitate organizations quite like no other. Not only does ransomware strike a company's morale, but it also causes massive financial losses along with reputational damage that could prove difficult to repair. Cybersecurity Ventures predicted global ransomware damage costs to reach $20 billion annually in 2021, up from $325 million in 2015. In eight years from now, the costs will exceed $265 billion.
In today's rapidly evolving cyber landscape, modern adversaries constantly advance their methods to circumvent traditional defenses. At Trustwave, recent observations have unveiled the resurgence of the BlackCat group following its disruption by the US Justice Department on December 19, 2023.
An alternate point of view to the one you are hearing My first reaction when I heard the news of the merger between Veritas and Cohesity was one of jubilation. I've personally battled Cohesity and Veritas. I thought to myself, this is actually great news for all three companies.
The Kroll CTI team observed a campaign using a new malware that appears to be very similar to BABYSHARK, previously reported to have been developed and used by the APT group Kimsuky (KTA082). The malware was deployed as part of an attempted compromise that was detected and stopped by the Kroll Responder team. The activity started with exploitation of a recently addressed authentication bypass in the remote desktop software ScreenConnect, developed by ConnectWise.
In today’s digital age, ransomware attacks have emerged as one of the most formidable threats to organizations worldwide. These malicious software attacks encrypt files on a device, rendering them inaccessible to users, and demand a ransom for decryption keys. The impact of ransomware can be devastating, leading to significant financial losses, operational downtime, and reputational damage.
Organizations worldwide use Active Directory (AD) as their primary identity service, which makes it a top target for ransomware attacks. This article explains how adversaries exploit Active Directory during ransomware attacks and provides strategies and tools for defending against this modern menace.