The Hacker News

3 Ransomware Group Newcomers to Watch in 2024

The ransomware industry surged in 2023 as it saw an alarming 55.5% increase in victims worldwide, reaching a staggering 4,368 cases.  Figure 1: Year over year victims per quarter The rollercoaster ride from explosive growth in 2021 to a momentary dip in 2022 was just a teaser—2023 roared back with the same fervor as 2021, propelling existing groups and ushering in a wave of formidable

The Hacker News

The Interdependence between Automated Threat Intelligence Collection and Humans

The volume of cybersecurity vulnerabilities is rising, with close to 30% more vulnerabilities found in 2022 vs. 2018. Costs are also rising, with a data breach in 2023 costing $4.45M on average vs. $3.62M in 2017. In Q2 2023, a total of 1386 victims were claimed by ransomware attacks compared with just 831 in Q1 2023. The MOVEit attack has claimed over 600 victims so far and that number is still

The Hacker News

Cybersecurity Budgets Are Going Up. So Why Aren't Breaches Going Down?

Over the past few years, cybersecurity has become a major concern for businesses around the globe. With the total cost of cybercrime in 2023 forecasted to reach $8 Trillion – with a T, not a B – it’s no wonder that cybersecurity is top of mind for leaders across all industries and regions. However, despite growing attention and budgets for cybersecurity in recent years, attacks have only become