sophos

UK-based cybersecurity firm Sophos has warned against the emergence of new email phishing scams, which sneak malware and exploits into the network, and credentials and sensitive data out.

Sophos has found a resurgence of fake alerts, called scareware or malvertising, that lure users into thinking their need technical support and then buying fake apps or fleeceware off a mobile app store.

According to a new cloud survey from cybersecurity Sophos, organizations in the Philippines experienced a public cloud security incident in the last year – including ransomware and other malware (77%), exposed data (40%), compromised accounts (40%), and cryptojacking (16%).

Global survey shows the average cost of recovery is $1.4 million if organizations pay the ransom, $730,000 if they don’t.

Sophos has released a report showing how Apple device users are being targeted by applications that overcharge users through costly subscriptions or unscrupulous in-app purchases.

UK-based cybersecurity firm Sophos will be ramping up recruitment drives in the Philippines, saying the local cybersecurity workforce is capable of competing globally.

According to Sophos, an email carrying the World Health Organization (WHO) logo has been circulating around, asking people to go through an attached document on safety measures regarding the spreading of coronavirus.

A study by Sophos revealed that the cybersecurity investment success rate of organizations does not depend solely on buying technology, but rather by recognizing the role of corporate culture, employee education, and path-to-purchase trends in achieving it.

The most serious attack vectors in the Philippines -- receiving a seriousness rating of 9 or 10 out of 10 -- were phishing, malware, and ransomware.

According to SophosLabs, the people who developed Baldr made it to sell to entry-level cybercriminals on the deep Web and they, in turn, targeted PC gamers as the first set victims.