A new surge in ransomware attack

The NCC’s March Cyber Threat Pulse report found that ransomware attacks are on the rise and that there may be a new threat group to monitor. In March, ransomware attacks increased by over 50%, and Hive identifies as the third-most active hacking group.

3 strategies for enterprise cloud finops

Finops is a buzzword that has many meanings depending on whom you ask. There have been several definitions of it, ranging from “technology and tools” to “culture and communication” and even “business processes.” It’s bigger than any one of them—and sometimes includes all three. 

Warning : Malware gangs partner up in double-punch security threat

Cybergangs are joining forces under affiliate groups and “as-a-service” models, warns Maya Horowitz, director of threat intelligence research at Check Point Research. The trend is fueling a thriving cybercrime underground economy, she said.

Several malware gangs have teamed up over the past year – including the FIN6 cybercrime group and the operators of TrickBot. The goal is to help fill criminal skill gaps and ultimately be a more potent threat to victims.

Cybercriminal and new ways to target cloud environment

Cybercriminals have shifted their focus to cloud environments as more organizations move to the cloud to manage their operations and assets. Attackers are adopting more sophisticated and advanced methods to target cloud-native environments that are sensitive and vulnerable. 

Cloud-based environments have become a target for cybercriminals using new tactics, techniques, and procedures. Although crypto miners were the most common type of malware discovered, attackers are also increasingly turning to backdoors, rootkits, and credential stealers.

These three recommendations can help organizations protect their cloud-native environments more effectively: