According to at least one cybersecurity company, ransomware payments are actually falling as fewer organizations pay the ransom demand. Coveware, a ransomware recovery company, said in a blog on Monday that the average ransom payment in the last quarter of 2020 was $154,108, down 34% from the quarter prior. The median ransom payment also declined, […]
The Cybersecurity and Infrastructure Agency, the U.S. agency tasked with shoring up the country’s cyber defenses, is beginning a coordinated effort to encourage public and private sector organizations to mitigate the threat of ransomware. The Reduce the Risk of Ransomware Campaign aims to help companies implement best practices, tools and resources to help prevent ransomware […]
There may not be a category of technology more important to a business than cybersecurity, especially as cyber actors become more skilled in their craft. In 2021 and beyond, securing your organization’s network and information should get as much attention as your core IT infrastructure and endpoint devices. There is very real financial and reputational […]
A coalition of tech and cybersecurity companies are launching a new Ransomware Task Force in a bid to combine resources, expertise, and tools to help the IT community prevent and respond to ransomware attacks. The Institute of Security and Technology (IST) announced the news Monday in partnership with 18 organizations, including Microsoft, McAfee, Citrix and […]
Seemingly dozens of notable organizations each day are disclosing that they have been hit with a ransomware attack, including governments, hospitals and now toymaker Mattel. The manufacturer of toys disclosed in its quarterly report filed with the U.S. Securities and Exchange Commission that ransomware attack this past summer caused “a number of systems to be […]
At least ten U.S. hospitals could soon be the targets of Russian cyber attacks. A Russian-based ransomware group, which goes by the name UNC1878 or Wizard Spider, has already attacked nine hospitals in three weeks, reports Insurance Journal. So far, hospitals in New Jersey, Georgia, Florida, Massachusetts, Texas and Arkansas have been the victims. The […]
UPDATE NOVEMBER 3, 2020: The October 11 security incident that happened at Sonoma Valley Hospital in California is now being classified as a ransomware attack. It is believed to be part of a coordinated Russian operation targeting as many as 400 U.S. hospitals, reports the Press Democrat. The hospital said that in response to the […]
Sonoma Valley Hospital in Sonoma, Calif. reported last week that a security incident shut down its computers. In its October 22 notice to patients, the hospital said the October 11 incident “triggered a significant downtime event”: Currently, the Hospital is maintaining operations while computer systems are being fully restored. We have maintained the ability to care […]
U.S. federal authorities are warning healthcare systems of a spike in ransomware attacks against hospitals and healthcare systems The joint warning from the U.S. Cybersecurity and Infrastructure Agency, FBI and Department of Health and Human Services says malicious cyber actors are targeting the healthcare sector with Trickbot malware, leading to ransomware attacks, data theft and […]
A highly-sophisticated Android ransomware threat apparently targets users of the platform. A report from GizmoChina says the threat is difficult to detect and features novel behavior patterns. More from GizmoChina: This ransomware family has been known for a while and has been found on various websites and has been circulating online through forums, various pop […]
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