Ransomware attacks targeting industrial operators increased by 46% in the first quarter of 2025 compared to the previous quarter, according to a new cybersecurity threat report. The findings highlight growing risks to critical infrastructure sectors such as energy, manufacturing and utilities, which are becoming frequent targets due to their dependence on uninterrupted operations. The analysis,...Read More
Report Overview The Global Ransomware Protection Market size is expected to be worth around USD 117.47 billion by 2034, from USD 23.82 billion in 2024, growing at a CAGR of 17.3% during the forecast period from 2025 to 2034. In 2024, North America held a dominant market position, capturing more than a 38% share, holding USD 9 billion in revenue....Read More
The price tag for the Good Friday cyberattack against the city of Abilene is expected to continue rising. Proposed spending related to the ransomware attack of about $1.17 million is one of many such purchases expected over the next several months for the city, Troy Swanson, city director of information technology, said Monday at a...Read More
Transit agencies continue to fall behind in cybersecurity training, staffing and policy development according to a new report, placing these organizations at increasing risk as threats rise and take on more sophisticated forms. “The most interesting thing, after doing this work for the last four years, especially in the smaller and more midsize agencies, is...Read More
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In a recent report by BleepingComputer, DragonForce—a rapidly rising ransomware group—breached a managed service provider (MSP) and leveraged its SimpleHelp remote monitoring and management (RMM) platform to infiltrate downstream customers. Sophos, which investigated the attack, attributes the breach to a string of known SimpleHelp vulnerabilities (CVE-2024-57726 through CVE-2024-57728). Once inside, DragonForce actors conducted network reconnaissance,...Read More
A new report published by Express Computer highlights a dramatic shift in the Indian cybersecurity landscape: AI is now powering a surge of faster, stealthier cyberattacks. Based on a survey by Fortinet and IDC of over 400 CISOs and CIOs across India, the findings reveal a pressing concern: organizations are facing a new generation of...Read More