Annual Ransomware Payments Surpass $1 Billion

For the first time, analysis of ransomware payments made in a single year tops $1,000,000,000. This signals a massive return to more frequent, sophisticated, and successful attacks.

Only 7% of Organizations Can Restore Data Processes within 1-3 Days After a Ransomware Attack

New data on how organizations are able to respond to ransomware attacks also shows that paying a ransom is highly likely, despite having a policy of “Do Not Pay.”

Number of Data Compromises Affecting U.S. Organizations Rises 77%

New data summarizing the compromises of data in 2023 provides key details on who’s being targeted, what types of data is being compromised, and what attack vectors are being used.

Another Ransomware-as-a-Service Known as “Wing” Takes Flight on the Dark Web

Analysis of this newly-spotted service makes it clear that the newest entrant into the Ransomware-as-a-Service (RaaS) space has taken note of where predecessors are lacking and launched a ...

Calculating Materiality for SEC Rule 1.05

The U.S. Securities and Exchange Commission (SEC), through a new requirement of Item 1.05 of the 8-K, requires that all regulated companies report significant cybersecurity breaches ...

Cybersecurity Resiliency and Your Board of Directors

Growing cybersecurity threats, especially ransomware attacks, and the Securities and Exchange Commission’s (SEC) recent rules have made having a cybersecurity-aware Board of Directors ...

Unprecedented Rise of Malvertising as a Precursor to Ransomware

Cybercriminals increasingly used malvertising to gain initial access to victims’ networks in 2023, according to Malwarebytes’s latest State of Malware report.

Synthetic Data: The New Frontier in Cyber Extortion

Organizations are increasingly facing cyber attacks resulting in data breaches, and part of their post-incident responsibilities includes adhering to mandatory reporting requirements.

81% of Underwriters Expect Cyber Insurance Premiums to Increase as Risk is Expected to Soar

New data from cyber insurance underwriters shows what they think the biggest threats will be in 2024 and what organizations should do about it.

Ransomware Payments On The Decline As Cyber Attackers Focus on The Smallest, And Largest, Organizations

New data for Q4 of 2023 reveals a sizable shift in the cyber threat landscape, with serious implications regarding ransomware and social engineering attacks targeting both the largest and ...