In the first half of 2024, cyber liability claims severity rose 14% to an average loss of $122,000, largely due to ransomware, according to a Coalition Inc. report. Business email compromises were the top cause of loss, accounting for 32% of incidents. Businesses with more than $100 million in revenue saw the biggest surge, with claim severity up 140%.

Outlaw Group Uses SSH Brute-Force to Deploy Cryptojacking Malware on Linux Servers
Cybersecurity researchers have revealed details about Outlaw, an “auto-propagating” cryptocurrency mining botnet that targets SSH servers with weak credentials. The Romanian-origin malware performs SSH brute-force