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SMBs lack resources to defend against cyberattacks, plus pay more in the aftermath

Cyberattacks, many have noted, are the fastest growing economic crime not only in the United States, but also around the world. This upward trend has been observed since 2014, according to PricewaterhouseCoopers (PwC), and won’t likely be slowing down anytime soon. Cyberattacks—much like the advancement of technology, the interweaving of digital lives among familiars and strangers via social … [Read more...]

A week in security (October 14 – 20)

Last week on Malwarebytes Labs, we tried to unlock the future of the password (its vulnerabilities, current alternatives, and possible future disappearance), analyzed the lagging response by many businesses in adopting a patch for Pulse VPN vulnerability, looked at Instagram’s bulked-up security against phishing emails scams, and were reminded that ransomware remains a dominant threat facing … [Read more...]

Europol: Ransomware remains top threat in IOCTA report

The European Union Agency for Law Enforcement Cooperation, or Europol, just released its annual Internet Organized Crime Threat Assessment (IOCTA) report for the year. And we weren’t surprised to find that ransomware, despite its palpable decline in volume these past few months—a trend we’ve also seen and documented—remains the most prominent threat in terms of prevalence and financial … [Read more...]

Securing the managed service provider (MSP)

Managed service providers (MSPs) have been a boon to midsize enterprise. They allow for offloading technical debt to an agent with the skills and resources to manage it, thereby giving an organization room to focus on growing a business, rather than the particulars of infrastructure. For a long while, third-party service providers were not targeted directly for their security failures, as … [Read more...]

Cyber insurance: here to stay, whether we like it or not

Cyber insurance has been a big talking point in infosec circles for many months now. We’ve mentioned it in passing ourselves a few times, usually in relation to ransomware attacks. This isn’t surprising; ransomware may not be the threat that brought cyber insurance to life, but it absolutely helped to supercharge it. Depending on where in the world you reside, the actual act of wrapping insurance … [Read more...]

Ransomware Protection Tips

You hope that your systems never get attacked by Ransomware, but in case you do, you want to be prepared. One of the best ways to recover from such a malicious attack is to ensure you keep good and recent backups of your systems. But even with that, you can only recover back to the last known good backup. What about the files worked on since that last good backup? To fully recover from a … [Read more...]

A week in security (September 30 – October 6)

Last week on Malwarebytes Labs, Malwarebytes renewed its pledge to fight stalkerware for National Cybersecurity Awareness (NCSA) and Domestic Violence Awareness Month. We also looked into what security orchestration is and reported about partnering with security firm, HYAS, to determine the relationship between Magecart Group 4 and Cobalt, the infamous APT group behind sophisticated financially … [Read more...]

US Authorities Are Still Falling Victim to Ransomware Attacks

Ransomware attacks on both national and local authorities are on the rise, according to a recent report by Recorded Future. During the first quarter of 2019, there have been 21 reported attacks on Government agencies in the US – a number that is likely to rise as not all ransomware attacks are reported immediately. Only yesterday, Texas suffered a ransomware attack which affected 22 cities … [Read more...]

3 Data Backup Tools Worth Considering

If you are a small or medium business, you may have left your data backups in the hands of outside help or, even worse, to chance. … [Read more...]

4 Reasons WannaCry is Still An Issue Over 2 Years Later

Two years plus and counting and companies are still being impacted by WannaCry. Here are the four main reasons why an old exploit and ransomware is still an issue. … [Read more...]