Approximately 47% of US businesses suffered significant revenue losses due to cyber security incidents, said data protection provider Arcserve. Notably, 80% of businesses surveyed had faced ransomware attacks, with an average of 30% of their data irrecoverable. The report highlights an urgent need for a strategic rethink on data protection for many companies.

FIN7 Deploys Anubis Backdoor to Hijack Windows Systems via Compromised SharePoint Sites
The Russian cybercrime group FIN7 is linked to a Python-based backdoor named Anubis, providing them remote access to compromised Windows systems, says Swiss cybersecurity firm