Media Coverage

Cybercriminals upped their activity in the first half of 2023 compared to the previous year, and one thing that’s fuelling the increase in cyber attacks is companies’ adoption of AI, according to a previous Trend Micro report.

Cybersecurity vendor Trend Micro Inc. has announced a complete redesign of its worldwide partner program, which it said will accelerate business growth for partners and “allow them to further deliver exceptional value to end customers.” The program is built around the Trend Vision One platform, which the company said in a release “creates opportunities for partners to deliver services and assessments for both enterprise and SMB-focused partners.

Greg Young highlights a 35% increase in targeted attacks and advises users to exercise caution against phishing attempts by avoiding suspicious links and verifying URLs in an interview discussing a recent incident where a Toronto student lost $3,000 to scammers who exploited a phishing attempt by sending a fake CIBC notice.

Canada was the third most affected country in the world for successful ransomware-as-a-service (RaaS) and extortion attacks in the first and second quarters of 2023, said a report from cybersecurity company Trend Micro. The report, LockBit, BlackCat, and Clop Prevail as Top RaaS Groups: Ransomware in 1H 2023, found Canada only behind the U.S. and U.K. for RaaS and extortion attacks.

Here are numbers released this week by Trend Micro for you to think about: The number of victim organizations claimed by ransomware groups in the first half of this year was 1,999. That’s 45 per cent more than the same period in 2022. Corporate and IT leaders should consider this: In the first half of this year businesses with 200 or fewer employees made up the biggest number of victims of the top three ransomware groups.