New Ransomware Threat Group, RansomHub, is so Effective, the NSA is Already Warning You About Them

Sep 16, 2024 3:43:10 PM By Stu Sjouwerman

The latest evolution of the ransomware service model, RansomHub, has only been around since February of this year, but its affiliates are already successfully exfiltrating data.

Your Lawyers Are Increasingly Targeted by Phishing Attacks, Ransomware

Sep 11, 2024 3:02:21 PM By Stu Sjouwerman

Researchers at Bitdefender warn that law firms are high-value targets for ransomware gangs and other criminal threat actors. Attackers frequently use phishing to gain initial access to an ...

Nearly Half of Mid-Market and Enterprise Organizations Have Experienced Four or More Ransomware Attacks in the Last Year

Aug 30, 2024 12:03:10 PM By Stu Sjouwerman

New data exposes the reality of ransomware attacks today, including their frequency, impact, ransom payment – and the involvement of human error.

U.S. Experiences 52% Increase in the Number of Ransomware Attacks in One Year

Aug 30, 2024 8:23:50 AM By Stu Sjouwerman

New analysis of current ransomware attacks shows a massive focus on U.S. organizations, with growth spread across nearly every industry.

Fewer, High-Profile Ransomware Attacks Are Yielding Higher Ransoms

Aug 29, 2024 8:52:20 AM By Stu Sjouwerman

Analysis of cryptocurrency payments made on the blockchain highlights shifts in the size and frequency of ransomware attacks and may paint a bleak picture for the remainder of the year.

Ransomware Recovery Costs Have Doubled for State and Local Governments

Aug 27, 2024 7:30:00 AM By Stu Sjouwerman

Thirty-four percent of state and local government entities were hit by ransomware in 2024, a new report from Sophos has found. While this is a decrease compared to the attack rate in ...

Cybersecurity in 2024: Reflecting on the Past, Preparing for the Future

Aug 21, 2024 2:33:51 PM By Martin Kraemer

As Europe is returning from summer breaks, it is time to reflect on the first half of 2024 and look forward to the rest of the year.

The Long Road to Recovery Following a Ransomware Attack

Aug 19, 2024 1:58:51 PM By Javvad Malik

When it comes to the duration of a ransomware attack and the subsequent recovery process, the numbers are staggering and vary wildly. Partly because there’s no single source which ...

Ransomware Payments Decline While Data Exfiltration Payments Are On The Rise

Aug 15, 2024 12:28:35 PM By Stu Sjouwerman

The latest data from Coveware shows a slowing of attack efficacy, a decrease in ransom payments being made, and a shift in initial access tactics.

SEC Report Provides Insight into Key Tronic Ransomware Costs Totaling Over $17 Million

Aug 8, 2024 3:36:04 PM By Stu Sjouwerman

The financial repercussions of the May 2024 ransomware attack on the electronics manufacturing services firm Key Tronic underscores just how costly these attacks are.

The First Half of 2024 Results in More Than 1 Billion Data Breach Victims

Jul 31, 2024 1:31:00 PM By Stu Sjouwerman

New data shows that cyber attacks have resulted in double the number of data breaches in 2024 than throughout all of 2023.

Fortune 50 Ransomware Victim Pays an Eye-Watering $75 Million

Jul 30, 2024 1:46:55 PM By Stu Sjouwerman

The Dark Angels ransomware group got paid a staggering $75 million ransom from an undisclosed Fortune 50 victim.

Nearly All Ransomware Attacks Now Include Exfiltration of Data…But Not All Are Notified

Jul 29, 2024 8:19:31 AM By Stu Sjouwerman

Organizations are falling victim to ransomware attacks where data is stolen, but the victim isn’t being told about it. I have a theory as to why this is happening.

78% of Organizations Are Targets of Ransomware Attacks Two or More Times in Twelve Months

Jul 19, 2024 1:53:14 PM By Stu Sjouwerman

New data puts the spotlight on the frequency and impact of modern ransomware attacks, highlighting the overconfidence organizations are showing in their ability to defend and respond to ...

Change Healthcare Ransomware Attack May Cost Nearly $2.5 Billion

Jul 18, 2024 11:30:10 AM By Stu Sjouwerman

The ransomware attack against UnitedHealth Group’s Change Healthcare platform is expected to cost the company up to $2.45 billion, more than a billion dollars more than was previously ...

New Ransomware Threat Group Calls Attack Victims to Ensure Payments

Jul 17, 2024 1:50:47 PM By Stu Sjouwerman

Analysis of new ransomware group Volcano Demon provides a detailed look into how and why calling victims ups the chances of ransomware payment.

SEC Fines Publicly Traded Company $2.125 Million For Negligence Before, During, and After a Ransomware Attack

Jul 16, 2024 12:26:30 PM By Stu Sjouwerman

According to the filing, the organization in question failed to devise controls to adequately detect, respond to, and disclose an attack that included data exfiltration and service ...

Espionage-Intent Threat Groups Are Now Using Ransomware as a Diversion Tactic in Cyberattacks

Jul 16, 2024 11:40:00 AM By Stu Sjouwerman

A new report focused on cyber espionage actors targeting government and critical infrastructure sectors highlights the strategic use of ransomware for distraction or misattribution.

IRS Warns of Phishing Attacks Targeting Car Dealerships

Jul 16, 2024 11:37:55 AM By Stu Sjouwerman

The US Internal Revenue Service (IRS) has issued an advisory warning of phishing campaigns targeting car dealerships. The IRS says car dealers should be on the lookout for targeted ...

Phishing Continues to Be the Primary Entry to Ransomware Attacks

Jul 15, 2024 10:54:34 AM By Stu Sjouwerman

Phishing remains a top initial access vector for ransomware actors, according to researchers at Cisco Talos. The threat actors often use phishing to steal legitimate credentials so they ...

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