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Experts warn of a spike in May and June of 8Base ransomware attacks

Security Affairs

The group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, business services, and IT. The new figures represent a 24% surge compared to April’s figure of 352 and a 56% increase compared to May 2022.” and Brazil.

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8Base ransomware operators use a new variant of the Phobos ransomware

Security Affairs

The group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, business services, and IT. The experts observed a massive spike in activity associated with this threat actor between May and June 2023. and Brazil.

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UK Suffers Third Highest Rate of Ransomware Attacks in the World

IT Governance

According to its analysis , 260 organisations in the UK fell victim to ransomware between January 2020 and June 2022, a figure that’s only exceeded by Canada (276) and – in a distant lead – the US (2,379). The other most vulnerable sectors were business services (23), construction (22), manufacturing (19) and transport (18).

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RSAC insights: Malware is now spreading via weaponized files circulating in data lakes, file shares

The Last Watchdog

At RSA Conference 2022 , which takes place next week in San Francisco, advanced technologies to help companies implement zero trust principals will be in the spotlight. It does this by permitting only known good files into a network, while at the same time extracting unknown and untrusted elements for analysis.