Search Results: ransomware

Presidio, CrowdStrike and AWS Team Up to Reduce Ransomware Attacks with New Ransomware Mitigation Kit

December 1, 2021 TechDecisions Staff Leave a Comment

 Organizations Can Now Predict, Identify, Protect, Detect, and Respond to Ransomware Attacks in Real-time NEW YORK–(BUSINESS WIRE)–Presidio, Inc., a global digital services and solutions provider accelerating business transformation through security technology modernization, today announced a new solution to address the increasing prevalence of ransomware attacks, the Ransomware Mitigation Kit. The new platform defends against ransomware […]

Report: 83% of Ransomware Victims Pay The Hackers

Nearly two-thirds of companies have been hit with ransomware, and a vast majority of them pay up, new ThycoticCentrify report says.

October 20, 2021 Zachary Comeau Leave a Comment

The vast majority of ransomware victims end up paying their attackers to get their data unlocked, according to a new report from cybersecurity software provider ThycoticCentrify. The report, “2021 State of Ransomware Survey and Report: Preventing and Mitigating the Skyrocketing Costs and Impacts of Ransomware Attacks,” based on survey responses from 300 U.S.-based IT professionals, […]

CISA, FBI and NSA Issue Advisory of BlackMatter Ransomware

BlackMatter ransomware has targeted multiple U.S. critical infrastructure entities prompting an advisory from federal agencies.

October 20, 2021 TD Staff Leave a Comment

BlackMatter, a possible re-brand of DarkSide, which was active from September 2020 through May 2021 is back at it again. Since July 2021, BlackMatter ransomware has targeted multiple U.S. critical infrastructure entities, including two U.S. Food and Agriculture sector organizations, according to a joint advisory from the CISA, FBI and NSA. Black Matter actors have […]

6 Money Laundering Typologies Attributed to Ransomware

The U.S. Treasury’s Crimes Enforcement Network (FInCEN) has identified six money laundering typologies related to ransomware payments.

October 18, 2021 Alyssa Borelli Leave a Comment

As ransomware continues to be an increasing threat to the US financial sector, businesses, and the public, the U.S. Treasury’s Crimes Enforcement Network (FInCEN) has identified six money laundering typologies related to ransomware payments: 1. Threat Actors Increasing Request Payments in AECs Ransomware-related payments are initially requested in Bitcoin, however threat actors may also ask […]

Report: $590 Million Suspicious Ransomware Payments Over First Half Of 2021

The value of suspicious activity reports related to ransomware payments during the first six months of 2021 has already exceeded last year's.

October 18, 2021 TD Staff Leave a Comment

According to a new report from the U.S. Department of the Treasury on suspicious activity reports (SARs) filed by financial institutions, the value of suspicious activity reports filed related to ransomware payments during the first six months of the year has already exceeded the value reported for all of last year. The department’s Financial Trend […]

Is Your Organization Adequately Protecting Itself From Ransomware?

With the rise in ransomware, organizations are considering ways to back up their data, according to Hornetsecurity survey.

October 13, 2021 Alyssa Borelli Leave a Comment

One of the most common cyberthreats impacting IT Professionals around the world is ransomware, a malicious program made for devices to lock data from users unless they pay a ransom. At least one in five organizations have fallen victim to a cyberattack, while almost one in ten were forced to pay a ransom to recover […]

Box Announces Deep Scan Capability in Box Shield to Combat Ransomware

Box Shield is able to detect and identify sophisticated malware and hard-to-detect ransomware in real-time as files are uploaded to the Box.

October 11, 2021 Alyssa Borelli Leave a Comment

File sharing and cloud storage management provider Box announced new anti-ransomware capabilities and other new features at Boxworks 2021. Box Shield is the company’s security product that’s integrated within its platform. The latest feature expands its ability to detect and identify sophisticated malware and hard-to-detect ransomware in real-time as files are uploaded to the Box. […]

Proposed Law Would Require Ransomware Payments To Be Disclosed to DHS

Organizations would be required to disclose the amount of ransom paid, the currency used and any information about the hackers.

October 6, 2021 Zachary Comeau Leave a Comment

A pair of U.S. lawmakers are introducing a bill designed to improve information sharing on ransomware threats by requiring organizations that pay the ransom to disclose information on the payment and attack to the Department of Homeland Security. The bill is designed to bolster the U.S. government’s understanding of how cybercriminal enterprises like ransomware groups […]

Cohesity Unveils First Data Protection Solution Integrated With Cisco SecureX to Give Companies New Ways to Fight Ransomware Attacks

October 6, 2021 TechDecisions Staff Leave a Comment

Integration Empowers SecOps with Automation and Operational Simplicity to Accelerate Threat Discovery, Investigation, and Response to Ransomware Attacks SAN JOSE, Calif.–(BUSINESS WIRE)–At a time when organizations are more concerned than ever about surging and sophisticated ransomware attacks, Cohesity and Cisco have joined forces to integrate Cohesity Helios, a next-gen data management platform, with Cisco SecureX, […]

McAfee Enterprise Sees Proliferation of REvil and DarkSide Ransomware Surge in Q2 2021

October 4, 2021 TechDecisions Staff Leave a Comment

Key Findings In Q2 2021, 73% of ransomware detections in Q2 2021 were related to the REvil/Sodinokibi family DarkSide Q2 ransomware attacks extended beyond Oil, Gas and Chemical sector to Legal Services, Wholesale and Manufacturing Government was the sector most targeted by ransomware Financial Services targeted most among reported cloud incidents SAN JOSE, Calif.–(BUSINESS WIRE)–McAfee […]