[ALERT] Time to Truly Reckon with the Dark Reality of Ransomware’s Critical Costs

May 11, 2021 8:26:43 AM By Perry Carpenter

By now, I’m sure you’ve already been inundated with all the news about the US’s largest gasoline pipeline being shut down because of a ransomware attack. As reported by the New York ...

Student’s Attempt to Pirate Software Leads to Ryuk Ransomware Attack

May 7, 2021 8:45:52 AM By Stu Sjouwerman

Bleeping Computer recently reported that a student attempted to pirate expensive data visualization software, which resulted in a Ryuk ransomware attack.

A Snapshot of the Ransomware Landscape

May 4, 2021 11:23:33 AM By Stu Sjouwerman

Organizations need to take steps to disrupt the ransomware industry by making these attacks more expensive to carry out, according to Jen Miller-Osborn from Palo Alto Networks' Unit 42. ...

UK IT Decision Makers Fear Their Remote Workers Put Company Data at Risk for Data Breach

May 4, 2021 11:23:23 AM By Stu Sjouwerman

According to an annual survey from Apricorn, UK IT decision makers are fearing the worst as their staff continues to work in a remote environment.

Do Ransomware Gangs Restore Data, Even After They're Paid?

May 4, 2021 9:23:28 AM By Stu Sjouwerman

Only 8% of ransomware victims get all of their data back after paying the ransom, according to researchers at Sophos. The researchers found that, on average, victims who pay the ransom ...

The Cost of Remediating a Ransomware Attack More than Doubles and is Quickly Approaching $2 Million

Apr 30, 2021 12:25:12 PM By Stu Sjouwerman

With 54% of organizations unable to stop a ransomware attack before data is encrypted and operations are impacted, the increasing cost of ransomware remediation is troubling.

Ransomware Operators Threaten to Short Victims’ Stocks

Apr 29, 2021 10:33:38 AM By Stu Sjouwerman

The Darkside ransomware operators are now offering to tip off unscrupulous stock traders before they post the names of publicly traded victim companies, the Record reports. The criminals ...

Ransomware Demands Spike by 43% Already in 2021

Apr 29, 2021 10:33:30 AM By Stu Sjouwerman

Cybercriminal groups are increasing their automated and tactical ransomware attacks. Unfortunately, that also means they have an increase in greed.

[HEADS UP] Ransomware Gangs are Creating Ransomware Cartels

Apr 29, 2021 10:33:20 AM By Stu Sjouwerman

Analysis by threat intelligence group Analyst1 recently uncovered that the bad guys are responsible for forming a ransomware cartel.

Federal Reserve Chairman Jerome Powell Cites Cyberthreats as Current “Biggest Concern” to Financial Institutions

Apr 29, 2021 10:25:54 AM By Stu Sjouwerman

Fears of a resurgence of COVID-19 and increased cyberattacks are mentioned as top risks that can materially impact the finance sector and the economy, by Jerome Powell in a recent ...

Evil Corp Tries to Work Around U.S. Treasury Sanctions Using Hades Ransomware

Apr 29, 2021 10:24:44 AM By Stu Sjouwerman

The cybercriminal group linked to over $100 Million in financial damages has pivoted their execution strategy to bypass sanctions that prevent U.S. companies from paying them ransom.

New Ransomware Task Force Shares Actions To Disrupt Ransomware Cyber Crime

Apr 29, 2021 10:09:32 AM By Stu Sjouwerman

The Ransomware Task Force, a public-party coalition of more than 50 experts, has shared a framework of actions to disrupt the ransomware business model.

The Darkside Ransomware Group Is the Dangerous Poster Child for Today’s Ransomware-as-a-Service

Apr 28, 2021 8:56:59 AM By Stu Sjouwerman

Looking beyond the “older” RaaS threat groups like Ryuk, DoppelPaymer, and Revil, today’s modern ransomware-as-a-service operator is far more business-like and specific in execution.

Eavesdrop on the Back-and-Forth of Negotiating with a Criminal Ransomware Organization

Apr 27, 2021 10:00:58 AM By Stu Sjouwerman

Details around the recent successful ransomware attack on fashion retailer FatFace provide some insight into what you should expect when you become a victim.

The Clop #Ransomware gang is now pressuring customers of victims threatening that their personal, confidential data will be exposed unless a ransom is paid

Apr 7, 2021 8:29:14 AM By Stu Sjouwerman

Brian Krebs just reported: "Some of the top ransomware gangs are deploying a new pressure tactic to push more victim organizations into paying an extortion demand: Emailing the victim’s ...

Encryption, Exfiltration, and Extortion are the Name of the Game as PSYA Ransomware Attacks on Education Organizations Increase

Apr 2, 2021 10:09:11 AM By Stu Sjouwerman

A new warning from the FBI highlights an aggressive campaign of ransomware attacks targeting higher education, K-12 schools, and seminaries, providing specific attack details.

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[ALERT] Time to Truly Reckon with the Dark Reality of Ransomware’s Critical Costs

Student’s Attempt to Pirate Software Leads to Ryuk Ransomware Attack

A Snapshot of the Ransomware Landscape

UK IT Decision Makers Fear Their Remote Workers Put Company Data at Risk for Data Breach

Do Ransomware Gangs Restore Data, Even After They're Paid?

The Cost of Remediating a Ransomware Attack More than Doubles and is Quickly Approaching $2 Million

Ransomware Operators Threaten to Short Victims’ Stocks

Ransomware Demands Spike by 43% Already in 2021

[HEADS UP] Ransomware Gangs are Creating Ransomware Cartels

Federal Reserve Chairman Jerome Powell Cites Cyberthreats as Current “Biggest Concern” to Financial Institutions

Evil Corp Tries to Work Around U.S. Treasury Sanctions Using Hades Ransomware

New Ransomware Task Force Shares Actions To Disrupt Ransomware Cyber Crime

The Darkside Ransomware Group Is the Dangerous Poster Child for Today’s Ransomware-as-a-Service

Eavesdrop on the Back-and-Forth of Negotiating with a Criminal Ransomware Organization

The Clop #Ransomware gang is now pressuring customers of victims threatening that their personal, confidential data will be exposed unless a ransom is paid

Encryption, Exfiltration, and Extortion are the Name of the Game as PSYA Ransomware Attacks on Education Organizations Increase

FBI's Newly Release Internet Crime Report Shows Cybercrime has Ramped Up in 2020

UK Report Warns of Ransomware Being the 'Perfect Storm'

Aussie TV Network Taken Off Air by Ransomware

Average Ransoms Triple while Ransomware Incident Response Costs Pile On

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