BlackFog today announces it has been named a winner of three Cybersecurity Excellence Awards and that The Globee® Awards, organizers of the world’s premier business awards programs and business ranking lists, has named BlackFog a winner in the 19th Annual 2023 Globee Cybersecurity Awards.
The awards BlackFog has received for the 6th annual Cybersecurity Excellence Awards:
- Silver Winner for Most Innovative Cybersecurity Company in North America
- Gold Winner for Best Virtual CISO in North America
- Silver Winner for Ransomware Protection
BlackFog received Gold place for Best Cybersecurity Newsletter of the Year in the 19th Annual 2023 Globee® Cybersecurity Awards for its monthly State of Ransomware Report.
The Globee Cybersecurity Awards recognize cybersecurity companies and professionals for their innovative approaches and effective solutions in ensuring security in the digital age. The awards cover various categories such as risk management, threat detection, cloud security, data privacy, and more. The program aims to raise awareness about cybersecurity issues and honor those who have made significant contributions in protecting organizations and individuals from cyber threats.
BlackFog has released a monthly State of Ransomware report for the past three years, analyzing ransomware attacks and the statistics around them, including:
- Reported ransomware attacks by month
- Key trends
- Prevalent threat groups
- Size of organizations being attacked
- Attacks by industry sector
BlackFog newly added the tracking and inclusion of non-publicly disclosed ransomware attacks, which it has included in its 2023 State of Ransomware reports.
BlackFog’s Virtual CISO (vCISO) platform includes a dedicated team of experts that provide monthly assessments, constant monitoring with the BlackFog solution, detailed custom reporting for compliance and auditing, and a customer-branded Enterprise console, managed by their team.
About the Globee Awards
Globee Awards are conferred in nine programs and competitions: the American Best in Business Awards, Business Excellence Awards, Cybersecurity World Awards®, Disruptor Company Awards, Golden Bridge Awards®, Information Technology World Awards®, Leadership Awards, Sales, Marketing, & Customer Success Awards, and the Women In Business Awards®. Learn more about the Globee Awards at https://globeeawards.com
About BlackFog
Founded in 2015, BlackFog is a global cybersecurity company that has pioneered on-device anti data exfiltration (ADX) technology to protect companies from global security threats such as ransomware, spyware, malware, phishing, unauthorized data collection and profiling. Its software monitors enterprise compliance with global privacy regulations and prevents cyberattacks across all endpoints. BlackFog uses behavioral analysis to preemptively prevent hackers from exploiting vulnerabilities in enterprise security systems and data structures. BlackFog received recognition as a Gold award winner in the Cybersecurity Excellence Awards for Best Data Security and Best Ransomware Protection North America, as well as the Bronze award in Most Innovative Cybersecurity Company and Best Cybersecurity Start-up in 2022. BlackFog was named a 2020 HOT Vendor in Privacy and Security by Aragon Research.
BlackFog’s preventative approach to security recognizes the limitations of existing perimeter defense techniques and neutralizes attacks before they happen at multiple points in their lifecycle. Trusted by corporations all over the world, BlackFog is redefining modern cyber security practices. For more information visit https://www.blackfog.com
BlackFog State of Ransomware Report For November Is Out
Posted in Commentary with tags BlackFog on December 4, 2023 by itnerdBlackFog has today released the State of Ransomware Report for November. This report contains detailed statistics on the latest ransomware attack tactics, active threat groups, and a breakdown of attacks by countries and industries.
Darren Williams, CEO and Founder, BlackFog, has offered perspectives on the last month of ransomware attacks, below:
“Another month, another record. November surprised us with the sheer volume of attacks. Not only did it break an all-time record with 89 attacks, it was 27% more than the previous best in September. The unreported to reported ratio continues to remain stable this month at 492% continuing the trend with companies reporting breaches more often. The significant fines now being imposed by regulators will ensure this moves even lower in the coming months.
The SEC rules require registrants to disclose material cybersecurity incidents they experience within four days and to report on an annual basis material information regarding their cybersecurity risk management, strategy and governance. The orders are effective on or about December 18, 2023.
We saw the Healthcare and Manufacturing sectors grow significantly with increases of 21% and 20% respectively and the Finance sector by a massive 83%, effectively doubling the number of attacks in only one month. This does not bode well coming into the holiday season with the banks and financial institutions under significant pressure.
In terms of variants, we see LockBit and BlackCat continue to dominate reported attacks, both at 19.2% each. LockBit also dominates the unreported attacks at 34.9% and BlackCat at 14.2%. As in previous months, data exfiltration continues to dominate as the primary mechanism for extortion at 90% with traffic flowing to China at 30% and Russia 9% of the time.”
Today’s full report is linked here: https://privacy.blackfog.com/wp-content/uploads/2023/12/BlackFogRansomwareReport-Nov-2023.pdf
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