Cybersecurity Digest #51: 30/05/2022 – 10/06/2022

Cybersecurity news

Cybersecurity Blog Posts

Research and analytics

  • Truecaller announced a research conducted in partnership with The Harris Poll in March of 2022, and the findings detail trends/insights on the impact of spam and phone scams that have increasingly permeated the U.S. over the last 12 months. The study estimates that a staggering $39.5 billion was lost to phone scams this past year.
  • Recordedfuture announced report Chinese Cybercrime in Neighboring Countries which examines cybercrimes perpetrated by Chinese-speaking threat actors in countries neighboring China over the last year. In particular, it pertains to the theft and sale of personally identifiable information (PII), cross-border gambling and money laundering, e-commerce and online romance scams, and possible advanced persistent threat (APT) actors engaging in cybercrime.
  • Sophos has just launched the State of Ransomware in Healthcare 2022 that reveals a growing ransomware attack rate on healthcare, resulting in an increasingly tough, broader threat environment for this sector. The study also focuses on the rapidly evolving relationship between ransomware and cyber insurance in healthcare, highlighting how often and how much ransom was paid out by insurance providers against claims by healthcare.
  • EfficientIP has announced the findings of its eighth annual 2022 Global DNS Threat Report, conducted by IDC, which reveals the damaging impact Domain Name System (DNS) attacks have had on global organizations’ operations over the past 12 months. The results show that 88% of organizations have experienced one or more DNS attacks on their business. Each successful attack costs the business, on average, $942,000.
  • The Intigriti Ethical Hacker Survey 2022 is now available, highlighting how ethical hacking continues to grow as a popular career choice for all levels of security experts. The world of ethical hacking belongs to a young community, with 73% of the respondents interviewed falling under the age of 30. 96% of ethical hackers would like to dedicate more time to bug bounty hunting in the future and 66% are considering it as a full-time career.
  • Zscaler ThreatLabz 2022 Ransomware Report Reveals Record Number of Attacks and Nearly 120% Growth in Double Extortion Ransomware. Manufacturers are the Most Targeted for the Second Year in a Row; Healthcare Sees the Biggest Jump in Ransomware Attacks with Nearly a 650% Increase.
  • This year’s 15th installment of the Verizon Data Breach Investigations Report (DBIR) features yet another impressive dataset of corporate breaches and exposures marked by an overriding postulate: attack surfaces matter and they should dictate a large portion of your risk assessment strategy.  According to the DBIR, up to 13% of breaches are caused by some sort of error or misconfiguration event, with misconfigured cloud storage instances leading the trend.

Major Cyber Incidents