Thursday, September 23 2021

A new report from McAfee Labs shows the US had the second-lowest detection rate globally of ransomware attacks in the first quarter of 2021. The average detection rate was 0.31%, according to the report by international cybersecurity company.

The study also discusses how attacks on the finance and insurance sectors have gone up by 41% since Q4 2020. The most common attack methods were malware and account hijacking, and the most prolific hacker groups were REvil, RansomeXX, and Ryuk.

The number of attacks decreased in Q1 as attackers shifted from mass-spread campaigns towards fewer but more lucrative targets. “Most of these larger targeted victims received a custom-created variant of the ransomware family,” according to the report. McAfee’s data comes from the millions of sensors they scan across key threat vectors.

Previous

Cybersecurity M&A and Funding Update: June 25

Next

The Week in Cybersecurity

Check Also

Widget

Don’t Miss

Cyber Deal Update: Upstream Security, Hunters, build.security

Khushi Arora

Upstream Security and Hunters complete Series C and Series A funding rounds, respectively. Elastic NV acquires build.security. Funding Upstream Security, an Israeli provider of automotive cybersecurity and a data analytics platform for connected vehicles, has closed a $62 million Series C funding round led by Mitsui Sumitomo Insurance, along with new investors I.D.I. Insurance, NextGen […]

Cyber Deal Update: Loop Secure, Intelligent Automation, Blumira

Khushi Arora

Tesserent acquires Loop Secure to complement its own services, and BlueHalo merges with Intelligent Automation. Blumira completes a Series A funding round. Mergers and Acquisitions Tesserent, an Australian network security company, has announced its intent to acquire Loop Secure, a provider of managed security services, governance risk and compliance, and offensive security services also based […]

Cyber Deal Update: FHIRBlocks, InfoSum

Khushi Arora

Healthcare cybersecurity company ConsenSys Health acquires FHIRBlocks. InfoSum and Monte Carlo close a Series B and Series C funding round, respectively. Mergers and Acquisitions Otava, a Michigan-headquartered cloud solutions provider, has announced its acquisition of NewCloud Networks, a Colorado-based cloud computing services provider. The acquisition provides Otava a product portfolio that includes security services, cloud […]

Cyber Deal Update: Carve Systems, Baffle, Certik

Khushi Arora

iVision acquires Carve Systems, Baffle closes a Series B funding round, and CertiK closes adds to its Series B funding round announced last month. Mergers and Acquisitions iVision, a Georgia-based provider of IT infrastructure and application solutions, has acquired Carve Systems, a New York-based cybersecurity company that provides security testing, security engineering, and security strategy […]

Cyber Executive Moves: Aegon Asset Management, Tego Cyber

Khushi Arora

Aegon Asset Management hires former COO of MN and Tego Cyber gains a new CISO. Aegon Asset Management, based in The Netherlands, has appointed Nicole Grootveld-Sandig as its chief technology officer. Grootveld-Sandig joins Aegon from the Dutch specialist pensions management company MN NV. Tego Cyber, a Nevada-based developer of cyber threat intelligence solutions, has hired […]

Cyber Deal Update: Appriss Insights, Espagon

Khushi Arora

Equifast acquires data analytics company Appriss Insights, while Cisco acquires observability provider Espagon. Mergers and Acquisitions Equifax, an Atlanta-based global data, analytics and technology company, has announced its acquisition of Appriss Insights, a Kentucky-based information technology company providing customized solutions to enhance security and financial processes for businesses, for $1.825 billion. “We are extending the […]