Fun fact: 41.6% of government IT leaders paid between $500,000 and $1 million in ransomware payments last year. With costs going up, Sarah Cleveland shares some tips to help agencies improve their cyber hygiene - and avoid becoming ransomware’s next victim. (via FedTech Magazine | CDW) https://xtra.li/463vfAI
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Reflecting on the recent news: the Ascension ransomware attack carried out by Black Basta Group brings a stark reminder of the importance of robust #CyberSecurity measures. As these incidents intensify, it's evident that staying ahead is paramount. At Five 9s Technologies, we are not just observing this problem, but actively crafting solutions. We offer top-tier Managed Service Provider (MSP) services that ensure your networks remain fortified and agile in the face of evolving threats. Our specialized services strategize preemptive measures, providing timely threat intelligence and proactively updating defense protocols to withstand cyber-attacks like ransomware ensuring your business stays operational and protected 24/7/365. Don't merely react to a cyberattack, prevent it with Five 9s. Let's strive for a safer, more secure cyberspace! 🛡️🌐 #Five9sTechnologies #MSP #Ransomware #PreventionIsKey
After Ascension ransomware attack, feds issue alert on Black Basta group
therecord.media
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There was, a few days ago, a news report about the government of Dallas County being recently hit with a ransomware attack. Fortunately, they were prepared. The county government had already deployed an Endpoint Detection and Response tool (EDR), and the attack was largely prevented and was fully contained. But how many other local government entities are unable to react and prevent attacks, and may be forced to pay off the attackers? The news report mentions at least 72 reported in the US for 2023, and there is still a month left in the year! It is understandable that local government entities may not all feature fully-fledged cybersecurity departments or be as prepared as the governments of large counties, such as the one for Dallas County. Their resources are often strictly limited for what they are expected to deliver to the constituents. But there are cost-effective solutions to prevent being an easy-picking for hackers and ransomware attackers. Setting up a cybersecurity council and engaging with reliable cybersecurity consulting experts is one of them. This cybersecurity council should serve all branches and departments of the government entity to establish standard security policies and achieve the most efficiencies in this endeavor. The news report can be found here: https://lnkd.in/gxPpBhWU
As Dallas County Responds to Ransomware Attack, an Expert Explains How to Prevent Them
https://www.dmagazine.com
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We recently published a blog post about the threat of zero-day exploits that you can access via our website’s home page. Now a new report from Rapid7 states that basic security defenses are not being implemented, security maturity is low, and for cyber criminals – the return on investment is massive. So, what do they have to lose by buying a bevy of zero-day exploits? According to Rapid7’s researchers, there has been more than 1,500 ransomware victims worldwide so far in 2023. These figures show many organizations are failing to meet minimum security standards, and unfortunately, suffering a huge financial burden because of it. Now more than ever, it is important to increase your security posture to prepare your organization for #cyberattacks. #cybercrime #cyberdefense #zeroday
Rapid7 Says ROI for Ransomware Remains High; Zero-Day Usage Expands
https://www.securityweek.com
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In a January 2024 study by the Center for Internet Security (CIS), it was found that ransomware incidents against state and local governments rose by 51% in the first eight months of 2023 compared to the same period in 2022. The escalating trend underscores the critical need to review internal processes, training, and implement robust data loss prevention and protection solutions. Stay informed and proactive. Read more: https://lnkd.in/d7fcHW9q #ransomware, #backupandrecovery, #crashplan
City of Columbus Says Data Compromised in Ransomware Attack
securityweek.com
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Safeguard your future in 2024! Ransomware attacks on state and local organizations are on the rise, and cyber threats keep evolving. Stay ahead with Springbrook Software's cutting-edge protection. Don't wait to secure your digital space, request a demo today --> https://lnkd.in/dWpydFJ #CyberSecurity #TechProtection #StaySafeOnline #GovTech #Springbrook
Cybersecurity Trends Point to More Sophisticated Attacks Ahead
govtech.com
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Cybersecurity doesn't need to cost an arm and a leg. Municipalities can spend their budgets wisely by working with a cybersecurity company instead of a generic service provider. It pays to get a second set of eyes on your environment. To find out more contact us at info@cyberprotect.com. Municipalities Face a Constant Battle as Ransomware Snowballs https://lnkd.in/dtNe4KVj
Municipalities Face a Constant Battle as Ransomware Snowballs
darkreading.com
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I help clients enable business transformation utilising Cloud, Networking and UCC technologies, whilst reducing their risk of Ransomware compromise through both Cyber defence and Data recovery solutions.
Stats of some well-known and unknown Ransomware attacks that have occurred in 2023 so far. Some having 7TB of confidential data stolen with threats to publish on the dark web if the ransom isn't paid. It's also interesting to read the end clients that can be impacted, with one stating that thousands of employees' information is at risk after a law firm it hired was hacked. Isolated Recovery Environments containing Cyber Vaults could be an effective way to recover information without having to pay ransom demands. #ransomwareattack #ransomwarerecovery #cyberrecovery #ransomware #ransomwareawareness #powerprotect - 61% of all attacks use PowerShell - 89% of attacks exfiltrate data - Average pay out in the US $740,144 - Highest July in 4 years for attacks https://lnkd.in/e8nfN6Q8
The State of Ransomware in 2023
https://www.blackfog.com
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🚨🚨🚨Ransomware groups are once again targeting smaller businesses for more lucrative payouts Lower-hanging fruit represents a far more lucrative revenue stream for groups such as LockBit. By Ross Kelly, Published 3 days ago Security experts have said ransomware groups are once again prioritizing attacks on smaller organizations as they look to target those with less mature security capabilities. Analysis from Trend Micro has shown.... #humancapsolutions #humancapitalsolutions #cybersecurity https://lnkd.in/gJWvVxuv
Ransomware groups are once again targeting smaller businesses for more lucrative payouts
itpro.com
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Here's a recap of the ten most significant cyber intrusions of 2023. As we move into 2024, we sincerely hope you won't find your name on this list. Yet, given the high level of activity we've seen in January, we plan to start sharing the most remarkable cyber events. Additionally, we'll host a vote to identify the most influential ones this year. Stay vigilant! #CyberSecurity2024 #DigitalDefense #NamespaceSecurity
Top 10 Cyber-Attacks of 2023
infosecurity-magazine.com
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Wow, those statistics are staggering, It's crucial for government agencies to bolster their cybersecurity measures. Has anyone here implemented any of her strategies?