In a recent wave of cyberattacks, threat actors have exploited a vulnerability in Veeam backup servers identified as CVE-2024-40711 to deploy a new ransomware strain known as "Frag." This exploit is part of a broader threat activity cluster named STAC 5881, which bears striking similarities to
Ransomware attacks continue to pose significant challenges across industries and governmental sectors, and one recent variant known as ShrinkLocker is causing substantial concern. Detected in May, ShrinkLocker achieves its malicious objectives by employing a relatively simple yet effective
Ransomware attacks have become a significant threat to businesses of all sizes. These malicious incidents can severely disrupt operations, compromise sensitive data, and result in substantial financial losses, underlining the need for robust recovery tools. With more than 66% of surveyed
In the contemporary digital landscape, businesses worldwide face an escalating threat from cyber-attacks. Australia's business community, in particular, demonstrates a concerning level of apathy and complacency toward cyber risk. A landmark discussion in federal parliament aims to strengthen
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) recently added several critical vulnerabilities to its Known Exploited Vulnerabilities (KEV) catalog, highlighting ongoing threats that demand immediate attention and action. One significant vulnerability, identified as CVE-2024-5910,
The recent ransomware attack on Newpark Resources, a Texas-based supplier of fluid systems and industrial solutions to the oil and gas industry, has raised significant concerns regarding the company's digital security and business continuity. The attack, which occurred on October 29, 2024, led to
