Welcome to IT Pro's News in Review, a weekly bite-sized bulletin of the top tech stories of the week, for the week ending 10 June, 2022.
This week's stories:
- World’s biggest four-day working week trial kicks off in UK
- Double extortion ransomware pushes average payments close to $1 million
- IBM to wind down Russian operations completely
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Ransomware cartels are fragmenting into volatile splinter groups, warns Met Police cyber chiefNews Commoditized "cyber crime bazaars" and AI data mining are forcing law enforcement to rewrite its playbook
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The channel is heading straight for an AI infrastructure wallIndustry Insights AI ambition is accelerating faster than channel infrastructures, however data architecture and enterprise readiness can support
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Ransomware cartels are fragmenting into volatile splinter groups, warns Met Police cyber chiefNews Commoditized "cyber crime bazaars" and AI data mining are forcing law enforcement to rewrite its playbook
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New ransomware threat group, The Gentlemen, has become one of the most active ransomware operators, accounting for 10% of all attacksNews NTT researchers warn that the RaaS group is leveraging SystemBC malware to establish covert tunnelling, evade detection, and support rapid lateral movement across enterprise environments
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Instructure chose to a pay ransom following the Canvas cyber attack – research shows more than half of security leaders would follow suitAnalysis Opting to pay ransoms creates huge risks for enterprises – you’re relying on the word of criminals
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Ransomware negotiator sentenced for role in major cyber crime groupNews Deniss Zolotarjovs was a key player in a group associated with Conti
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Threat actors ditch ‘spray and pray’ attacks in shift to targeted exploitationNews A dip in ransomware volumes points to a more targeted approach focused on vulnerability exploitation
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Security leaders overconfident about ransomware recoveryNews Few manage to recover all their data, and many experience business disruption
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German authorities want your help finding the hackers behind GandCrab and REvilNews Daniil Maksimovich Shchukin and Anatoly Sergeevitsch Kravchuk are believed to have made millions from ransomware as a service schemes
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Sectigo taps Clint Maddox to lead global field operationsReviews The appointment follows a year of strong momentum for the security vendor as it expands its global channel footprint
