The danger of new AI-powered ransomware

The danger of new AI-powered ransomware

Of all IT threats, ransomware is undoubtedly one of the most serious, as it presents victims with a real dilemma: pay up or lose their data for good. Read full story

Check Point Research, the Threat Intelligence Division Check Point® Software Technologies Ltd., a global company in cybersecurity solutions, publishes its December 2024 Global Threat Index, highlighting the growing sophistication of cybercriminals. This month, the focus is on the boom of FunkSec, an emerging ransomware service operator (RaaS) that leverages artificial intelligence, along with persistent threats from malware families such as Fake…

The 5 Biggest Ransomware Attacks of 2024

Cybersecurity was still very much dominated by ransomware attacks in 2024. In this article we look back at five of the most notable incidents of the year.

FunkSec Ransomware Dominating Ransomware Attacks, Compromised 85 Victims In December

FunkSec is a RaaS operator that makes use of artificial intelligence and demonstrates how threat actor strategies are constantly evolving. The analysis reveals that artificial intelligence has limited sophistication, even though it enables rapid operations scaling and the generation of ransomware.  Claims that have been recycled or fabricated undermine credibility and suggest that there may […] The post FunkSec Ransomware Dominating Ransomware A…

The impact of the cyber insurance industry in resilience against ransomware

More organizations than ever have cyber insurance but fewer are making claims.

FunkSec rises as an AI-powered ransomware threat

Check Point Software Technologies’ Global Threat Index for December 2024, emphasises the growing sophistication of cybercriminals. For Africa, December was hardly a season to be jolly with eight of the continent’s countries listed among the top 20 most attacked.  Ethiopia retained its top spot as the most attacked country with a 98.2% Normalised Risk Index out of the 106 countries featured in the Index.  Other African countries featured in the t…