Ransomware is Funding Russian Aggression Ransomware attacks and payments are increasing, with most revenue going to Russian attackers. It is time to revisit outlawing Ransomware payments. Some stats to hammer the situation home: Sophos ransomware report indicates: https://news.sophos.com/en-us/2022/04/27/the-state-of-ransomware-2022 - Ransom attacks are more frequent (66% of surveyed orgs indicated they were hit with ransomware in 2021 versus only 37% in 2020) - Payments are…
US Sanctions Blender.io for Supporting Terror US Treasury sanctions a cryptocurrency mixing site for supporting North Korean hackers who have been stealing hundreds of millions of dollars. Blender.io is a virtual currency mixing site that obfuscates the origins of cryptocurrency coin transactions. Mixing services are privacy tools that malicious entities can also use for laundering illicit funds. In this case, the Lazarus Group, a North Korean government sponsored hacking…
Value is the Cybersecurity Blind Spot - Speaking at the SPHERE22 Conference https://www.youtube.com/watch?v=0gpkC1BlTs8 The industry currently suffers from a weakness to understand, align, and showcase its maximum potential value, which extends beyond managing digital risks and often includes non-traditional competitive advantages which contribute to the overall business goals. I will be talking about these challenges and how to realize the full value of cybersecurity…
Cybersecurity Costs Skyrocket 60% Per the 2022 Hiscox Cyber Readiness report (survey), #cybersecurity spending increased 60% and median costs of incidents have risen 29% in the past year! This is not sustainable! Something must give if organizations are degrading at these rates. It is unavoidable that the cybersecurity industry will face many hard discussions regarding the showing and maximizing value to an organization. https://www.hiscoxgroup.com/cyber-readiness
@M.Rosenquist