Cyber Security Today, Dec. 27, 2023 – A record year for ransomware

Share post:

A record year for ransomware.

Welcome to Cyber Security Today. It’s Wednesday, December 27th, 2023. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S.

 

Cyb er Security Today on Amazon Alexa Cyber Security Today on Google Podcasts Subscribe to Cyber Security Today on Apple Podcasts

 

The year isn’t quite over but it’s clear that 2023 hit a record for ransomware attacks. Researchers at NCC Group say that as of the end of November the total number of attacks around the world hit 4,276 — slightly more than twice as many as last year. And December’s numbers haven’t been added.

More year-end numbers to consider: More than 26,000 vulnerabilities were discovered this year, according to researchers at Qualys. However, less one per cent of them were high risk — about 7,000. And of them, only 206 had weaponized code available. These are the ones information security professionals have to pay attention to, because they are the most likely to be exploited. By the way, of those 206 vulnerabilities, just over 32 per cent were involved network infrastructure or web applications. High-risk holes need to be patched or mitigated fast. According to the research, the mean time to exploit vulnerabilities this year was 44 days. However, many times threat actors were able to create an exploit the same day a vulnerability was publicized.

Speaking of the need for fast patching of critical applications, here’s something to ponder: On a podcast earlier this month I reported that a vulnerability in JetBrains’ TeamCity application development platform was being exploited by a Russian-based group. According to a new report from ReversingLabs, a patch for that hole was released in September. But by this month only two per cent of TeamCity administrators had installed it.

Follow Cyber Security Today on Apple Podcasts, Google Podcasts or add us to your Flash Briefing on your smart speaker.

The post Cyber Security Today, Dec. 27, 2023 – A record year for ransomware first appeared on IT World Canada.
Howard Solomon
Howard Solomonhttps://www.itworldcanada.com
Currently a freelance writer, I'm the former editor of ITWorldCanada.com and Computing Canada. An IT journalist since 1997, I've written for several of ITWC's sister publications including ITBusiness.ca and Computer Dealer News. Before that I was a staff reporter at the Calgary Herald and the Brampton (Ont.) Daily Times.

SUBSCRIBE NOW

Related articles

Open AI to launch search engine to compete with Google? Hashtag Trending, Friday, May 3, 2024

“Insider” Jimmy Apples says OpenAI is going to launch a search engine to compete with Google, Intel is...

Hashtag Trending for World Password Day, Thursday, May 2nd, 2024

Security firm Okta warns of an unprecendented password stuffing attack that is piggybacking on regular user’s mobile and...

Google Chrome’s new post-quantum cryptography causes connection issues

The latest update to Google Chrome, version 124, which integrates a new quantum-resistant encryption mechanism, has led to...

UK legislation bans weak passwords

Starting Monday, the UK will enforce new laws banning the sale of devices with weak default passwords such...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways