The cybersecurity threat landscape has witnessed a dramatic and alarming rise in the average ransomware payment, an increase exceeding 500%. Sophos, a global leader in cybersecurity, revealed in its annual “State of Ransomware 2024” report that the average ransom payment has increased 500% in the last year with organizations that paid a ransom reporting an
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A China-nexus cyber espionage group named Velvet Ant has been observed exploiting a zero-day flaw in Cisco NX-OS Software used in its switches to deliver malware. The vulnerability, tracked as CVE-2024-20399 (CVSS score: 6.0), concerns a case of command injection that allows an authenticated, local attacker to execute arbitrary commands as root on the underlying operating system of
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An Australian man has been charged with running a fake Wi-Fi access point during a domestic flight with an aim to steal user credentials and data. The unnamed 42-year-old “allegedly established fake free Wi-Fi access points, which mimicked legitimate networks, to capture personal data from unsuspecting victims who mistakenly connected to them,” the Australian Federal
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Installers for three different software products developed by an Indian company named Conceptworld have been trojanized to distribute information-stealing malware. The installers correspond to Notezilla, RecentX, and Copywhiz, according to cybersecurity firm Rapid7, which discovered the supply chain compromise on June 18, 2024. The issue has since been remediated by Conceptworld as of June 24
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