TechCentral and Veeam recently hosted a high-level executive roundtable focused on the critical actions business leaders must take during cybersecurity incidents. The session was moderated by Jaydev Chiba and brought together senior delegates from various sectors including retail, banking, local and provincial government, and online gaming, alongside key Veeam executives. The objective was to foster...Read More
Sixty percent of UK public sector IT leaders say a successful cyberattack is “only a matter of time”. That’s according to research from Trend Micro, which surveyed 250 IT public sector leaders with cybersecurity responsibilities. IT leaders view phishing as the most significant threat over the next two years (60 percent), followed by ransomware (41...Read More
Ransomware is a kind of cyberattack that locks files and data behind a paywall using malware. Businesses are uniquely vulnerable to ransomware and stand to lose data, revenue and customer trust if they undergo an attack. Focusing on cybersecurity, working with cybersecurity professionals and updating old infrastructure are all crucial to preventing ransomware attacks. As...Read More
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
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
Ransomware has become a dominant cyber threat, evolving in sophistication and impact. Traditional Endpoint Detection and Response (EDR) solutions, while effective in detecting and responding to known threats, fall short in preventing ransomware attacks before they execute. That’s because attackers are effectively evolving malware techniques to bypass endpoint detection. Recent reports observed instances where attackers...Read More
