Financial services firms are favorite targets for cyber criminals. The firms are a treasure trove of tradeable data varying from credit card credentials, customer information, and corporate data that can be abused or sold on the dark net. Compared to other industries, the financial sector still[...]
In recent years, cyber-attacks on industrial control systems and critical infrastructure all together have been on the rise. A recent study by Bitkom shows that cyber-attacks cost the German industry almost $50 billion. Those attacks are not limited to Europe’s strong economy. Hackers are known[...]
Cybercriminals just love targeting healthcare organizations and have been doing it quite often for many years. As can be seen on the table below, during the past couple of months cybercriminals have been working hard on these types of targets. where they hit with ransomware attacks or breach to[...]
Academia is Still a Preferred Target for Cyberattacks. In our blog post of June 6 last year, we wrote that although the attacks in the academic sector had received much less media attention than those in other sectors, academic institutions have been favorite targets of cybercriminals for over 3[...]
Smart cities have become a lucrative target for cyber attackers due to the increasing number of connected systems embedded throughout the smart city’s infrastructure. The numbers talk volumes - global investment in smart cities will reach $80bn in 2018, and is expected to reach $135bn by 2021[...]
Iranian-based hacker group OilRig keeps cyber drilling, posing a persistent threat! In a previous post, we mentioned Advanced Persistent Threat attacks (APTs) that are waging ongoing sophisticated hacking attempts targeted e.g., certain countries or institutions. These kinds of attack are[...]
According to security and analytics experts, companies worldwide have spent a combined $114b on security products (both hardware and software) and services last year. This figure is expected to exceed $140b by 2021. In 2017, the average cost of one data breach for organizations was $3.62 million[...]
Cyber-crooks are masters of crime constantly developing, testing and fine-tuning their techniques to mine valuable and sensitive information for their own profit. As such, cyber-attacks come in a wide range of shapes and forms. To illustrate, cyber-criminals use: Advanced Persistent Threat[...]
To keep on giving our customers the tools to boost their cybersecurity posture, our Cymulate Labs are constantly searching for new global attacks that can compromise organizations. By adding the latest in-the-wild detected threats, we keep our BAS platform up to date. That’s why one of the unique[...]
In our first blogpost about MITRE’s ATT&CK™ framework, we explained what it exactly is and how it contributes to cybersecurity. In our second blogpost, we dove deeper into the various features. In this blogpost, the third and final one in this series, we will discuss the future of MITRE’s[...]