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Rising Ransomware Costs Versus Cybersecurity Countermeasures Industry reports indicate that hackers are thriving despite advancements in cyber defense. The median cost of ransomware attacks has doubled to $26,000 over the past two years, with 95% of incidents resulting in financial loss ranging from $1 to $2.25 million. Social engineering and phishing remain highly effective tactics due to the human element. Senior leadership is increasingly becoming a cybersecurity threat. Governments and law enforcement agencies are taking more decisive actions against high-profile attacks, but these measures mainly deter hackers from targeting less coordinated markets. IoT devices used in DDoS attacks have risen to 1 million, accounting for 40% of global DDoS traffic, necessitating stronger network security and awareness. Despite improved measures, hackers are expected to continue succeeding. Read the full article Viasat Selected for AFRL’s ARBALEST Program: Enhancing Tactical Space Connectivity Viasat Inc., a global communications company, has been chosen by the…

What if the next big catastrophe isn’t alien invaders or an unstoppable virus? What if it’s the Internet of Things? We’ve all seen movies where technology takes over the world, and it’s not a pretty picture. The use of Internet of Things (IoT) is growing like wildfire throughout the IT industry. With more and more gadgets being connected to the Internet every day, IoT equipment is becoming increasingly prevalent. These devices are getting more powerful and infiltrating all areas of our everyday livese, making it almost impossible to keep up with the ever-expanding use cases for IoT. In this article, we delve into the dark side of IoT, exposing the dangers that might arise from straightforward hacks to a full-scale takeover of our digital lives. So join us as we investigate the risks associated with this rapidly developing technology. The dangers of Internet of Things Do you ever have a…