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In the report, the company examines key shifts in the cybercrime world internationally between H2 2019 and H1 2020 and gives forecasts for the coming year. The most severe financial damage has occurred as a result of ransomware activity.

More than 25 Ransomware-as-a-Service (RaaS) portals are currently renting ransomware to other criminal groups.

Seventy-three percent of health system, hospital and physician organizations report their infrastructures are unprepared to respond to attacks.

A recent data breach at an insurance tech company exposed the information of about 27.7 million Texas drivers, the Colorado-based firm announced earlier this week.

One hacker group that is targeting high-revenue companies with Ryuk ransomware received $34 million from one victim in exchange for the decryption key that unlocked their computers.

Network access to 7,500 organizations is being sold by a threat actor on multiple Russian hacker forums. According to the listings posted on October 3 and October 26, these mainly include educational organizations.

The use of improperly secured Remote Desktop Protocol connections on Windows machines has been found to be the biggest entry point for ransomware, according to a quarterly evaluation by Coveware, a company that is intimately involved in handling such attacks.

A survey from Risk Based Security revealed that the number of records exposed in 2020 has increased to 36 billion globally. The survey “2020 Q3 Data Breach QuickView Report” stated that there were 2,953 publicly reported breaches in the first three quarters of 2020, a 51% decrease compared to the same period in 2019.

Last month, Microsoft announced it had won a major victory in the fight against cybercrime. The company said in mid-October that it had thwarted Trickbot — a stubborn malware network that’s been used to infect critical computer systems, often shutting them down for ransom.

Gaming Partners International (GPI) is a full-service supplier of gaming furniture and equipment for casinos worldwide. The REvil ransomware gang (aka Sodinokibi) claims to have stolen info from the systems at the company before encrypting them.