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 ...

The International Joint Commission Falls Victim to Ransomware Attack; 80GB Of Data Stolen

The International Joint Commission (ICJ), an organization that handles water issues along the Canada–United States border, was hit by a ransomware attack, the Register reports.

Board Members' Lack of Security Awareness Puts Businesses at Risk of Cyber Attacks, Finds Savanti Report

A report from cybersecurity consultancy Savanti reveals that board members are facing challenges in understanding cyber risks, and this has important implications for businesses.

No Dice for MGM Las Vegas as It Battles Fallout from Ransomware Attack After a 10-minute Vishing Scam

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MGM Suffers Ransomware Attack that Started with a Simple Helpdesk Call

As the aftermath unfolds, the details around the recent attack on MGM Resorts provides crucial insight into the attacks impact, who’s responsible, and how it started.

Ransomware Attacks Speed up 44% Leaving Less Time for Detection and Response

New data suggests that the gangs and toolkits behind current ransomware attacks are materially improving their abilities, resulting in a speeding up of attacks before defenses kick in.