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Ransomware Attacks on Manufacturing Sector Reach Alarming Encryption Rate, Sophos Survey Reveals
In a recent sectoral survey report released by global cybersecurity leader Sophos, titled “The State of Ransomware in Manufacturing and Production 2023,” a disturbing trend has been identified as ransomware attacks on the manufacturing sector have reached their highest reported encryption rate in the past three years. According to the survey, more than two-thirds (68%)…
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Sophos Exposes Deceptive ChatGPT-Based Fleeceware Apps Overcharging Users on Google Play and Apple App Store
Sophos, a renowned cybersecurity company specializing in delivering cybersecurity as a service, has recently uncovered a disturbing trend in the mobile app world. According to their latest report titled “‘FleeceGPT’ Mobile Apps Target AI-Curious to Rake in Cash,” Sophos X-Ops has identified several apps disguising themselves as legitimate ChatGPT-based chatbots in order to overcharge users…
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Ransomware Attacks on Singaporean Organizations Surge, Sophos Report Reveals
Sophos, a renowned provider of cybersecurity services, has recently published its annual report titled “State of Ransomware 2023,” highlighting a significant rise in ransomware attacks targeting Singaporean organizations. The report, based on a comprehensive survey, found that 84% of surveyed organizations in Singapore fell victim to ransomware attacks in 2022, a sharp increase compared to…
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Sophos Acquires SOC.OS to Advance Managed Threat Response and Extended Detection and Response Capabilities
Sophos, a global leader in next-generation cybersecurity, has announced that it has acquired SOC.OS, an innovator of a cloud-based security alert investigation and triage automation solution. The solution consolidates and prioritizes high volumes of security alerts from multiple products and platforms across an organization’s estate, allowing security operations teams to quickly understand and respond to the most urgent cases flagged. SOC.OS launched in 2020 and is a spinout of BAE Systems Digital Intelligence. The company is privately heldand based in Milton Keynes, U.K. With SOC.OS, Sophos plans…
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Sophos Discovers New Memento Ransomware
Sophos, a global leader in next-generation cybersecurity, has released details of a new Python ransomware called Memento. The research, “New Ransomware Actor Uses Password Protected Archives to Bypass Encryption Protection,” describes the attack, which locks files in a password-protected archive if the Memento ransomware can’t encrypt the targeted data. “Human-led ransomware attacks in the real…
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Sophos reports new variants of Tor2Mine cryptominer feature enhanced evasion, persistence and spreading powers
Sophos reports new variants of Tor2Mine cryptominer feature enhanced evasion, persistence and spreading powers
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Sophos Rapid Response Details Top 10 Ways Ransomware Attackers Ramp up Pressure to Pay
Sophos, a global leader in next-generation cybersecurity, has published an article, “The Top 10 Ways Ransomware Operators Ramp Up the Pressure to Pay,” detailing how ransomware attackers are implementing a wide range of ruthless pressure tactics to persuade victims to pay the ransom. The article is based on evidence and insight from Sophos’ Rapid Response…
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Sophos research reveals expanding CryptoRom iPhone scams rakes in at least $1.4million
Sophos, a global leader in next-generation cybersecurity, has released new insight on an international cryptocurrency trading scam targeting iPhone users through popular dating apps, such as Bumble and Tinder. A report detailing the latest findings, “CryptoRom Fake iOS Cryptocurrency Apps Hit US, European Victims For At Least $1.4 Million,” shows that the operation has escalated. These…
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Manufacturing and production companies are least likely to pay the ransomware ransom, Sophos Survey Shows
Sophos, a global leader in next-generation cybersecurity, has published a new sectoral survey report, “The State of Ransomware in Manufacturing and Production 2021,” that reveals companies in this sector were the least likely (at 19%) to submit to a ransom demand to have encrypted files restored and the most likely (at 68%) to be able…
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Ingram Micro advances Sophos MSP Connect Flex partner program in Singapore, Malaysia, Thailand and Indonesia
Sophos and Ingram Micro have announced an expanded partnership, which will see the distributor working to recruit new managed services partners to the Sophos MSP Connect Flex program. Ingram Micro is already one of Sophos’ leading cloud partner distributors worldwide and this initiative is expected to expand Sophos’ reach across Singapore, Malaysia, Thailand and Indonesia.…