September Sees a 32% Increase in the Number of Ransomware Attacks in Just One Month

Continued analysis of ransomware attacks shows an upward trend in the number of attacks, with September resulting in the highest number of assaults so far this year.

[Cybersecurity Awareness Month] How To Stop the Ransomwolf Attacks: Similarities to the Werewolves Terrors

Imagine a monstrous entity emerging from the shadows to prey on vulnerable organizations, leaving havoc in its wake. No, we are not talking about ghoulish and scary creatures of the ...

Cyber Insurers Note Ransomware Claims Rose Significantly in the First Half of 2023

Cyber insurers are claiming that cybercriminals made ransomware attacks popular again in 2023 after a slight break in 2022.

60% of Organizations are Very Concerned About the Potential Impact of Ransomware Attacks

As the number of reported ransomware attacks increases, new data provides a fresh look at how ready organizations are for ransomware attacks.

“Human-Operated” Ransomware Attacks Double in the Last Year

As attackers leave little-to-no traces of their attack patterns, more ransomware groups are shifting from automated attacks to manual attacks.

Ransomware Attack Dwell Time Drops by 77% to Under 24 Hours

As attackers evolve their toolsets and processes, the significant drop in dwell time signifies a much higher risk to organizations that now have less time to detect and respond to initial ...

Ransomware Now Considered a “Crisis” in the Financial Services Sector

A recent panel discussion of banking CISOs and experts at the SIBOS conference focused on the current state of ransomware and what institutions should do to protect themselves.

Cyber Insurance Claims Increased by 12% in First Half of 2023, Attacks More Frequent and Severe Than Ever

The latest cyber claims report from Coalition, a digital risk insurance provider, finds a 12% increase in cyber insurance claims in the first half of 2023 over the second half of 2022, ...

Organizations Starting to Understand the Impact of Ransomware, But Their Efforts Not Enough to Overcome Infostealer Malware

Recent findings in a SpyCloud report shows companies are starting to recognize and shift their priorities to defend against ransomware attacks, but the use of infostealer malware still ...

New SEC Rules Add Challenges in Uncertain Cyber Insurance Market

[BUDGET AMMO] Jeremy King is a partner at Olshan Frome Wolosky. He wrote an article for Bloomberg where he analyzed cyber risk management issues that companies should prioritize in ...