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 4 March, 2022.
This week's stories:
- Hacking group leaks Nvidia data following alleged ransomware attack
- MWC 2022: Ukrainian protesters call for Russian tech boycott
- Conti ransomware gang data leaked by Ukrainian cyber researcher
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Tokenmaxxing means FinOps is more important than everNews With firms facing surging AI bills, FinOps techniques are more important than ever
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Zscaler and Schwarz Digits team up on sovereign cloud security platformNews The sovereign Zero Trust SASE service is aimed at critical sectors such as government, defense, finance, and healthcare
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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