BlackByte Ransomware Gang Comes Back to Life with a New Extortion Strategy

First debuted in July 2021, this ransomware gang that engages in their own attacks and offers a RWaaS model, has come back into the limelight offering victims several extortion payment ...

[BUDGET AMMO] Companies Are Ditching Cybersecurity Insurance as Premiums Rise, Coverage Shrinks

As the CEO of a public InfoSec company I have a variety of news sources. One of these is called '"The Information" which covers in-depth tech stories usually earlier than anywhere else. ...

[Whoa] Ransomware Strains Almost Double in Six Months from 5,400 to 10,666

A recent report from FortiGuard Labs saw ransomware strains double in total so far compared to 2021, and the year is not over yet.

One-Third of Organizations Experience Ransomware Attacks At Least Weekly

New data shows attempted ransomware attacks are occurring far more frequently while a lack of confidence is found in security measures and solutions to stop ransomware attacks.

Children of Conti go Phishing

Researchers at AdvIntel warn that three more ransomware groups have begun using the BazarCall spear phishing technique invented by the Ryuk gang (a threat group that subsequently ...

SolidBit Ransomware Targets League of Legends Players

Researchers at Trend Micro warn that a SolidBit ransomware variant is being distributed via fraudulent software targeting video game players and social media users. The malware is being ...

Recent Cisco Hack by Ransomware Group Started Because of a Phishing Attack

In a recent article by Forbes, Cisco confirmed that they were hacked by a ransomware group as the group of cybercriminals published a partial list of files that were claimed to be ...

Ransomware Attack Downtime Costs in the U.S. Rise to Nearly $160B

New data based on tracked, publicly-confirmed ransomware attacks shows that downtime – and the associated cost – is increasing at an alarming rate as nearly half of attacks see a ransom ...

Cyber Insurance Expected to Continue to Rise as Sophistication and Cost of Ransomware Attacks Increase

New data about the state of cyber insurance shows that given the current loss ratios by insurers – and the reasons behind those losses – will result in higher premiums for the foreseeable ...

New Report Reveals that Ransomware and Business Email Compromise Attacks Cause Nearly 70% of Cyber Incidents

Do you know your organizations true security risk and where to prioritize your resources? A new report from Palo Alto Networks sheds some light on these questions and shows multiple ...