Security controls are often dismissed in favor of productivity gains when businesses expand their digital investment. Unfortunately, supply chains are a complex web of interdependent organizations that can become a weak point for cybercriminals to explore with ransomware attacks.
Participants in these networks have multiple suppliers, partners, and contractors. These additional supply chain contributors include IT hardware, software, and service providers.
Understanding and effectively managing supply chain risks is critical to the success of an organization because businesses are as dynamic as the risks that affect organizations.
Download this report to learn more about how the ransomware epidemic influences global supply chains.
Provided by Trend Micro
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What is operational technology – and why is it at risk?Explainer As operational technology becomes more connected, securing it from cyber threats is more urgent than ever
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Databricks valuation jumps to $100 billion following Series K investment roundNews The investment round marks the second in the space of a year for Databricks, bringing its valuation to over $100 billion - a 61% increase in the last two years.
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Average ransom payment doubles in a single quarterNews Targeted social engineering and data exfiltration have become the biggest tactics as three major ransomware groups dominate
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BlackSuit ransomware gang taken down in latest law enforcement sting – but members have already formed a new groupNews The notorious gang has seen its servers taken down and bitcoin seized, but may have morphed into a new group called Chaos
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Google cyber researchers were tracking the ShinyHunters group’s Salesforce attacks – then realized they’d also fallen victimNews In an update to an investigation on the ShinyHunters group, Google revealed it had also been affected
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Nearly one-third of ransomware victims are hit multiple times, even after paying hackersNews Many ransomware victims are being hit more than once, largely thanks to fragmented security tactics
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75% of UK business leaders are willing to risk criminal penalties to pay ransomsNews A ransom payment ban is a great idea - until you're the one being targeted...
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The Scattered Spider ransomware group is infiltrating Slack and Microsoft Teams to target vulnerable employeesNews The group is using new ransomware variants and new social engineering techniques - including sneaking into corporate teleconferences
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Hackers breached a 158 year old company by guessing an employee password – experts say it’s a ‘pertinent reminder’ of the devastating impact of cyber crimeNews A Panorama documentary exposed hackers' techniques and talked to the teams trying to tackle them
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The ransomware boom shows no signs of letting up – and these groups are causing the most chaos
News Thousands of ransomware cases have already been posted on the dark web this year
