What's the State of Credential theft in 2023?

At a little overt halfway through 2023, credential theft is still a major thorn in the side of IT teams. The heart of the problem is the value of data to cybercriminals and the evolution of the techniques they use to get hold of it. The 2023 Verizon Data Breach Investigations Report (DBIR) revealed that 83% of breaches involved external actors, with almost all attacks being financially motivated

Cybersecurity Agencies Sound Alarm on Rising TrueBot Malware Attacks

Cybersecurity agencies have warned about the emergence of new variants of the TrueBot malware. This enhanced threat is now targeting companies in the U.S. and Canada with the intention of extracting confidential data from infiltrated systems. These sophisticated attacks exploit a critical vulnerability (CVE-2022-31199) in the widely used Netwrix Auditor server and its associated agents. This

A Hackers Pot of Gold: Your MSP's Data

A single ransomware attack on a New Zealand managed service provider (MSP) disrupted several of its clients' business operations overnight, most belonging to the healthcare sector. According to the country's privacy commissioner, "a cyber security incident involving a ransomware attack" in late November upended the daily operations of New Zealand's health ministry when it prevented the staff