50% of firms with cyberdefenses still victimized

Logo Inquirer.netInquirer.net
2023-06-06 18:01:17  • 2 mins

Nearly 80 percent of organizations have placed measures against ransomware attacks but half of them still fell victim, according to Fortinet, stressing the need to step up cybersecurity defense.

Fortinet, in its 2023 Global Ransomware Report, noted this survey result showed growing disconnect between ransomware preparedness and prevention.

The cybersecurity expert explained that some organizations still have not enough knowledge when it comes to securing their systems against such a threat.

Others also have no clear chain-of-command strategy to tackle the cyberattacks, it added.

Ransomware allows hackers to hold an entitys data or system hostage until a ransom is paid. It has become a form of service; in some cases, a ransomware kit could be bought from the dark web nowadays.

Continue read on inquirer.net

On Wednesday, the FBI and Cybersecurity and Infrastructure Security Agency warned companies about a strain of ransomware called Snatch after the group...
Logo American BankerAmerican Banker
2023-09-21 19:35:54  • 1 min
Unsurprisingly, people are cautious about investing in new digital assets like cryptocurrencies, as this is a previously unknown asset class. Bitcoin began...
Logo NasdaqNasdaq
2023-09-21 15:45:00  • 1 min
Key Points Hundreds of millions of packages are stolen every year adding up to big sums for companies from Amazon to United Parcel Service. UPS's latest...
Logo CNBCCNBC
2023-09-21 14:26:22  • 1 min
A cybercriminal group specializing in social engineering campaigns compromised both MGM Resorts and Caesars Entertainment this month, and the disruption...
Logo American BankerAmerican Banker
2023-09-18 19:14:39  • 1 min
Key Points Arm, Instacart and Klaviyo are all trading near their IPO price, showing a lack of enthusiasm among public investors for new tech opportunities....
Logo CNBCCNBC
2023-09-21 20:29:16  • 1 min
IPOs from Arm and Instacart are creating buzz but Goldman Sachs's Chief U.S. Equity Strategist, David Kostin, has two characteristics to help determine if...
Logo FortuneFortune
2023-09-21 14:38:30  • 1 min
Fraudulent activities within the Canadian auto, credit card, and mortgage sectors have shown a significant rise, as per the latest Equifax (NYSE: EFX )...
Logo Investing.comInvesting.com
2023-09-21 12:42:58  • 1 min
The Home Secretary has said Metas planned rollout of end-to-end encryption will create safe havens for paedophiles online unless robust safety measures are...
Logo The IndependentThe Independent
2023-09-20 09:26:44  • 1 min
Key Points FBI Director Christopher Wray said Monday that the U.S. relies heavily on "collaborative, public-private" operations to identify and stop threats....
Logo CNBCCNBC
2023-09-18 21:59:26  • 1 min
Illinois Tool Works, Inc. (Symbol: ITW) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average...
Logo NasdaqNasdaq
2023-09-21 11:28:26  • 1 min
MANILA -Cybersecurity firm Kaspersky stressed the need for teenagers and younger children, who are now often online, to learn about digital hygiene to...
Logo Inquirer.netInquirer.net
2023-09-19 01:05:45  • 1 min
( Kitco News ) - Tether, the company responsible for issuing the top stablecoin by market cap, has announced a strategic investment into Northern Data Group,...
Logo Kitco NEWSKitco NEWS
2023-09-21 16:25:04  • 2 mins
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to...
Logo NasdaqNasdaq
2023-09-21 15:30:29  • 2 mins
PHILADELPHIA (AP) The Philadelphia Sheriffs Office cant account for 185 missing guns, according to a report released this week by the city controller's...
Mr. Bankman-Fried and his allies have blasted Sullivan & Cromwell, the New York law firm managing FTXs bankruptcy, for its tangled relationship with the...
By Jemma Crew BBC News Three-quarters of survivors of sexual violence told a survey their mental health worsened because of how the police investigated their...
Logo BBCBBC
2023-09-21 14:15:49  • 1 min
Key Points Microsoft will start offering its Microsoft 365 Copilot tools to the largest customers on Nov. 1. Financial impact might not occur until the first...
Logo CNBCCNBC
2023-09-21 15:19:27  • 2 mins
Tech stocks were lower Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) and the Philadelphia Semiconductor index each shedding about...
Logo NasdaqNasdaq
2023-09-21 17:42:42  • 1 min
In the AI cybersecurity arms race, Wedbushs top tech analyst says, the largest deal in Ciscos history could be a game changer.
Logo FortuneFortune
2023-09-21 15:49:45  • 1 min
A month has gone by since the last earnings report for Medtronic (MDT). Shares have lost about 2.6% in that time frame, underperforming the S&P 500. Will...
Logo NasdaqNasdaq
2023-09-21 15:30:09  • 1 min