NEEDHAM, Mass.–(BUSINESS WIRE)–#Ransomware–A new International Data Corporation (IDC) survey found that more than one third of organizations worldwide have experienced a ransomware attack or breach that blocked access to systems or data in the previous 12 months. And for those that fell victim to ransomware, it is not uncommon to have experienced multiple ransomware events. […]
If you aren’t already familiar with ransomware, the increasing frequency of such attacks and the level of sophistication with which cybercriminal gangs deploy the malware, then you need to be paying more attention. The prevailing trend over the course of the last few years is the rise of double extortion, which means that the purpose […]
Ransomware and other cyberattacks have been front and center in news cycles of late, but is the issue just getting more attention, thus the renewed emphasis on stopping it? That answer is an emphatic ‘no,’ according to SonicWall, which says in a new report that ransomware attacks skyrocketed in the first half of 2021, surpassing […]
Incident Data Pulled from Closed Threat Actor Forums on Dark Web HERNDON, Va.–(BUSINESS WIRE)–The nonprofit Global Resilience Federation (GRF) has created a semiannual report detailing ransomware attacks across sectors, based on incident data gathered directly from threat actor chatter on the Dark Web. The report highlights major attacks, emerging ransomware gangs, and offers analysis on […]
The last year and a half have been among the busiest ever for IT and cybersecurity professionals, with ransomware attacks making up a huge portion of high-profile cyberattacks. The data-encrypting attacks have hit every industry, from manufacturing to infrastructure and retail. However, one critical sector has been hit the hardest: education. According to Sophos’ “The […]
Ransomware continues to be a cybersecurity pandemic as organizations are being forced to either rebuild their systems from scratch or pay six-figure ransoms for a decryption tool from the hackers that might not even work that well. However, cybercriminals are getting smarter and are adopting new methods and techniques, and having your data held hostage […]
Ransomware operators are as determined as ever to penetrate networks and hold data hostage for six-figure payments despite companies boosting their network defenses, and costs of a ransomware attack are increasing as a result, according to a new report. Cloudian, an enterprise data storage company and provider of backup solutions, recently released a report that […]
Finally, the U.S. government is starting to get serious about combatting ransomware as the Biden administration is considering a range of options to stop the growing threat. According to Politico, these options include launching offensive cyberattacks on hacking gangs and developing partnerships with the private sector aimed at sharing information about cyber threats. The publication […]
A Chainanalysis report reveals counterterrorism strategies could potentially be applied to combating ransomware.
Cybereason report shows 80% of firms that paid a ransom suffered a second ransomware attack often from the same source.
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