Singapore Sees 300% Yearly Spike in Q1 Cryptojacking Attacks Amid COVID-19

The first quarter of 2020 saw ransomware attacks targeting devices in Singapore spike by four-fold compared with last year. Data published by Russian cybersecurity firm Kaspersky indicates that Singapore has seen a significant increase in the prevalence of attempted cryptojacking attacks during the first quarter of 2020. Kaspersky estimates that 11,700 attacks were attempted on […]

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Blockchain Is Not a Cure-All for Every Video Conferencing Flaw

Blockchain projects are developing video conferencing applications as remote working gains more popularity during the ongoing COVID-19 pandemic. With the coronavirus pandemic forcing many businesses to adopt work-from-home policies, the demand for video conferencing programs appears to have increased. Indeed, by late April, video conference app Zoom was seeing 300 million daily meeting participants, a […]

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Ransomware Attack Kidnaps Austrian City

An ongoing ransomware attack targets the public services infrastructure of Weiz. Malware team, NetWalker, launched a ransomware attack against the Austrian village of Weiz. This attack affected the public service system and leaked some of the stolen data from building applications and inspections. According to the cybersecurity firm, Panda Security, hackers managed to penetrate the […]

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A New Ransomware Deploys Human-Operated Attacks Against Healthcare Sector

Microsoft unveiled a new human-operated ransomware called “PonyFinal” that deploys the attack by launching manually a payload. Microsoft’s security team revealed a new ransomware that is deployed in human-operated attacks. It uses “brute force” against a target company’s systems management server, and mainly has targeted the healthcare sector amid the COVID-19 crisis. According to a […]

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Ransomware Attacks Are Exploding in the Education Sector

A Verizon report highlights the growing number of ransomware attacks across educational services. Educational services across the globe have been witnessing a surge in ransomware attacks in 2020. According to Verizon’s 2020 Data Breach Investigation Report, ransomware attacks account for approximately 80% of all cyberattacks suffered. The data suggests 92% of these incidents were motivated […]

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