Forty Countries Vow to Not Pay Cyber Ransoms
Forty US-allied countries pledged to no longer pay cybercrime ransoms at the second annual meeting of the International Counter Ransomware Initiative.
The idea behind the pledge is that as long as ransom is paid to these cyber criminals, it will continue. This initiative would also seek to encourage organizations within the participating countries to focus on improving their cybersecurity infrastructure rather than just folding to these cyber criminals.
$39 Million Raised for SIEM and Graylog
On their latest investment round, security information and event management (SIEM) and log management provider Graylog announced it raised $39M in funding, led by Harbert Growth Partners, Piper Sandler Merchant Banking, and Silver Lake Waterman.
Graylog states that the new investment round will help the company focus on product acceleration and go-to-market operations worldwide.
Iran-Backed Threat Actors Initiates Massive Cyber Espionage Campaign
Check Point Security, an Israeli cybersecurity firm, reportedly discovered the campaign, attacking multiple critical industries in the Middle East for the past year.
Check Point Security had also labeled the threat actor as “Scarred Manticore,” who is also affiliated with several Iranian threat actor groups.
