Remove Financial Services Remove Ransomware Remove Retail
article thumbnail

2024 Thales Global Data Threat Report: Trends in Financial Services

Thales Cloud Protection & Licensing

2024 Thales Global Data Threat Report: Trends in Financial Services madhav Tue, 10/15/2024 - 05:17 Financial services (FinServ) firms are key players in the global economy. Looking at FinServ firms’ top threats, ransomware attacks against this sector continue to grow, with 18% saying they had suffered an attack.

article thumbnail

Ransomware at IT Services Provider Synoptek

Krebs on Security

Synoptek , a California business that provides cloud hosting and IT management services to more than a thousand customer nationwide, suffered a ransomware attack this week that has disrupted operations for many of its clients, according to sources. A now-deleted Tweet from Synoptek on Dec.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

TA505 Group adds new ServHelper Backdoor and FlawedGrace RAT to its arsenal

Security Affairs

.” The TA505 group was first spotted by Proofpoint back 2017, it has been active at least since 2015 and targets organizations in financial and retail industries. “On December 13, 2018, we observed another large ServHelper “downloader” campaign targeting retail and financial services customers.”

IT 279
article thumbnail

California IT service provider Synoptek pays ransom after Sodinokibi attack

Security Affairs

Synoptek, A California-based IT service provider decided to pay the ransom to decrypt its files after being infected with the Sodinokibi ransomware. Synoptek, a California-based provider of IT management and cloud hosting services paid the ransom to decrypt its files following a Sodinokibi ransomware attack.

IT 243
article thumbnail

4 Industries That Have to Fight the Hardest Against Cyberattacks

Security Affairs

There are also instances of hospitals being unable to perform fundamental services. In November 2018, a ransomware attack forced two hospitals to send ambulances elsewhere and only accept walk-up patients to the emergency rooms. Despite those risks, retailers make blunders when budgeting for cybersecurity. Financial Services.

Retail 278
article thumbnail

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor

Thales Cloud Protection & Licensing

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Malware and ransomware attacks increase.

article thumbnail

Solid Data Security: The Foundation of a Safe Digital World

Thales Cloud Protection & Licensing

In fact, according to the 2024 Thales Data Threat Report , more than 80% of organizations reported at least one breach in the last year, while ransomware attacks grew more frequent, with 28% of organizations reported experiencing an attack in 2024, compared to 22% in 2023. A host of threats continue to put enterprise data at risk.