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 29 July, 2022.
This week's stories:
- Ransomware now strikes one in 40 organisations per week, Check Point find
- UK to collaborate with South Korea on 5G, 6G development fund
- Price hike for consumers as data breach costs rocket to all-time high
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Broadcom eyes security, performance boosts with vDefend and Avi Load Balancer updatesNews Enhancements to VMware vDefend and VMware Avi Load Balancer use AI-powered automation to help secure private cloud environments
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How business leaders are using the Dell Pro 7 and Dell Pro 5Sponsored Thanks to flexibility and a range of spec options, the Dell Pro 7 and Pro 5 laptops can suit a variety of business leaders across a mix of workplaces
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Companies are still paying ransoms to cyber criminals despite official adviceNews A Proofpoint survey found evolving ransomware techniques and the use of AI is exacerbating the situation for victims
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This one cyber crime group accounted for nearly a fifth of all ransomware attacks in JuneNews The Gentlemen, a ransomware a service operator, now accounts for 17% of published attacks
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Working with the enemy: Ransomware negotiator-turned cyber criminal jailed after working with hackers to extort clientsNews Angelo Martino was supposed to be negotiating on behalf of victims, but was secretly working for ransomware operators
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Hackers are posing as Interpol to target small businesses – here's what you need to knowNews Small businesses are warned to think twice before clicking on links
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‘Every hour ransomware goes undetected drastically increases its potential blast radius’: Hackers are breaching networks and laying low for longer – and nearly half of firms don’t realize until data is stolenNews An ExtraHop survey found more intrusions are going undetected, leading to longer dwell times
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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