Ransomware Attacks Put Singapore Organizations at Risk of Violation of the Personal Data Protection Act

Jul 12, 2021 1:46:47 PM By Stu Sjouwerman

A new court decision sets precedence for all Singapore organizations where ransomware attacks – even without data exfiltration – may be subject to financial noncompliance penalties.

Counterterrorism Strategies Could Be the Key to Stopping Ransomware

Jul 12, 2021 1:46:00 PM By Stu Sjouwerman

With ransomware players, sophistication, effectiveness, and cost all on the rise, it may be time for us to take a page from counterterrorism to make it more difficult for cybercriminal ...

Phishbait Follows Current Events

Jul 12, 2021 9:49:35 AM By Stu Sjouwerman

Crisis draws opportunistic criminals, and the Kaseya ransomware incident is no different. Kaseya’s updates on the incident have included repeated warnings not to be taken in by emails or ...

How to Defeat REvil Ransomware

Jul 9, 2021 11:04:06 AM By Roger Grimes

The REvil ransomware gang is in the news again! This time for a supply chain attack and the largest public extortion demand ever – $70 million dollars.

How REvil Works: A Look Inside the World’s Most Famous Ransomware-as-a-Service

Jul 8, 2021 9:40:06 AM By Stu Sjouwerman

With well-known companies impacted by REvil in every sector, including tech, it’s time to get a better understanding of who they are and what makes their ransomware so successful.

It Was Only a Matter of Time: The Ransomware Ecosystem Has Given Birth to VC Investors

Jul 6, 2021 4:12:45 PM By Stu Sjouwerman

Security firm LIFARS confirms that cybercriminals are acting like venture capital investors, funding startup cybercriminal organizations, such as Darkside Ransomware.

Important Kaseya Notice! Turn VSA Off. Now. Ransomware. Updated

Jul 3, 2021 9:46:30 AM By Stu Sjouwerman

Saturday morning July 3: They were hit with a REvil ransomware attack it looks like. Friday July 2 at 11pm they said:

[HEADS UP] Over 400% Increase in Ransomware Victims

Jun 24, 2021 4:41:14 PM By Stu Sjouwerman

According to a recent report by OODA Loop, "Mandiant claims to have detected a 422% increase in victim organizations announced by ransomware groups via their leak sites year-on-year ...

ADATA Ransomware Attack Results in the Publishing of 700GB of Data Stolen

Jun 24, 2021 8:33:40 AM By Stu Sjouwerman

The headline alone sounds the warning that ransomware gangs aren’t just threatening to release exfiltrated data; they’re full out retaliating when they don’t get their ransoms paid.

80% of Ransomware Victim Organizations Experience a Second Attack

Jun 22, 2021 10:16:11 AM By Stu Sjouwerman

The impact of ransomware attacks is much more than just the sensationalized cost of ransoms. New data spells out how victim organizations have suffered at the hands of ransomware.

Understanding Ransomware’s True Costs

Jun 18, 2021 8:00:00 AM By Roger Grimes

We all know ransomware is pretty bad, but if you are a cybersecurity risk manager trying to justify the latest purchase to mitigate it, nailing down real numbers can be pretty hard. There ...

Ragnar Locker Ransomware Finds Its Next Victim in Taiwan Computer Memory Manufacturer ADATA

Jun 16, 2021 3:56:11 PM By Stu Sjouwerman

The ransomware attack occurring in late-May required the maker of consumer and industrial memory products to take systems offline, causing them to recover and upgrade affected systems.

New “Ransomware Update” Phishing Attack Seeks to Enjoy the Same Successes as the Recent Pipeline Attack

Jun 14, 2021 4:21:43 PM By Stu Sjouwerman

When your users receive a realistic-looking helpdesk email informing them they should update their system to prevent ransomware attacks, what could possibly go wrong?

Ransomware Tops IBMs List of Most Observed Attack Types with Sodinokibi Maintaining the Lead

Jun 9, 2021 10:09:33 AM By Stu Sjouwerman

In a new report from IBM Security, we get the opportunity to see exactly what kinds of attacks are succeeding, where are they happening, how they’re getting in, and what are the results.

The Future Of Ransomware

Jun 8, 2021 1:27:07 PM By Roger Grimes

Ransomware is pretty bad right now. It is taking down nearly any company and industry it can, targeting healthcare, energy infrastructure, and food supplies with equal aplomb. It takes ...

Ransomware Attacks Run Rampant as Fujifilm Becomes the Next Victim

Jun 4, 2021 8:42:33 AM By Stu Sjouwerman

We just covered a recent story today that there was a ransomware attack on Steamship Authority. And like clockwork, another company becomes the next victim.

[REUTERS BREAKING NEWS] U.S. to give ransomware hacks similar priority as terrorism

Jun 3, 2021 3:43:22 PM By Stu Sjouwerman

June 3, 2021 - 3:30PM EDT -- The U.S. Department of Justice is elevating investigations of ransomware attacks to a similar priority as terrorism in the wake of the Colonial Pipeline hack ...

Everyone Has It Wrong. It Is Not Double Extortion, It Is Quintuple Extortion!

Jun 3, 2021 2:12:53 PM By Roger Grimes

I keep seeing a new ransomware term, “double extortion” being discussed. It is the hot, new buzzword surrounding ransomware. This term attempts to summarize how ransomware is no longer ...

Ransomware's Impact Highlights the Threat of Social Engineering

Jun 3, 2021 2:10:23 PM By Stu Sjouwerman

Ransomware actors are continuing to shift their focus to disrupting operations that affect people’s daily lives, according to the Wall Street Journal. A ransomware attack on Wednesday ...

Two-Thirds of Organizations Plan to Improve Their Cybersecurity in the Wake of Devastating Ransomware Attacks

Jun 2, 2021 4:53:53 PM By Stu Sjouwerman

With 81% of organizations believing ransomware attacks will become more prevalent in the second half of 2021, nearly everyone is preparing for the worst to come.

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