Chart of the Week Cybercrime Featured Private Channel Technology

Hospitals, Schools Get a Crucial Break From Ransomware Attacks

After a year of what felt like nonstop cyberattacks on the most vulnerable targets, healthcare and government organizations started 2021 with ransomware incidents at their lowest point in more than a year. There were just two ransomware attacks on healthcare organizations in January, a fourfold decrease from the monthly average in 2020. State and local governments reported four ransomware incidents in January—that compares to 14 attacks in December of last year and 15 attacks from one year prior…

The Department of Justice unsealed a series of cybersecurity indictments.
Chart of the Week Featured Government Nation-state

How the Justice Department Is Stepping up Its Efforts To Indict State-Sponsored Hackers

When it comes to indicting state-sponsored hackers, 2020 was one of the busiest years yet for the U.S. Justice Department. The DOJ unsealed seven such indictments last year, charging 22 foreign hackers with working in whole or in part for foreign governments. In terms of both indictments unsealed and foreign hackers charged, that makes 2020 the second most prolific year ever for the DOJ, an investigation by The Record has found. The only time the Justice Department surpassed that tally was in 2018…

Chart of the Week Cybercrime Featured Technology

How Cybercrime Became a $1 Trillion Problem

Although the saying “crime doesn’t pay” may have some truth to it, a new report shows that cybercrime does in fact pay—and the numbers are only going up. Monetary losses from cybercrime are estimated to reach $945 billion in 2020, up from $522 billion in 2018 and $300 billion in 2013, according to a study released last week by The Center for Strategic and International Studies, a nonprofit research organization that focuses on national security issues, and the cybersecurity firm McAfee….

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Chart of the Week Featured Government Nation-state

Cyber-Espionage Attacks Disproportionately Target These Industries

Industries frequently targeted by financially-motivated cybercriminals, such as banks and healthcare organizations, are a low priority for attackers engaged in espionage, a new report from Verizon suggests. These attackers, typically linked to nation states, instead focus their efforts on industries that hold data like trade secrets, blueprints and classified government documents…