Ransomware Halts Production For Days At Major Airplane Parts Manufacturer

Jun 15, 2019 10:55:06 AM By Stu Sjouwerman

As a result of having IT systems crippled by the ransomware infection, the company has sent home approximately 1,000 of its 1,400 workers on paid leave.

[Heads-Up] How Hackers Use Ransomware To Hide Data Breaches And Other Devastating Attacks

Jun 10, 2019 6:15:55 AM By Stu Sjouwerman

Different sources claim that ransomware attacks are either going up or going down. The very real threat remains though and it is clear that the bad guys are moving from consumers as their ...

Ransomware in 2019 is Looking to be as Bad as 2018 for State and Local Governments… if not Worse

Jun 4, 2019 3:15:00 PM By Stu Sjouwerman

Governments have proven to be soft targets for cyberattacks leveraging ransomware in 2018. And, from the recent attacks in 2019, it looks like things are just getting started.

Beazley Insurance Breach Insights: "Ransomware Attacks Skyrocket"

May 28, 2019 8:00:00 AM By Stu Sjouwerman

Ransomware attacks skyrocketed in the first quarter of 2019, according to the Beazley Breach Response (BBR) Services team, which reports a 105% increase in the number of ransomware attack ...

[Heads-up] Scary Phishing Attack Uses Legal Threats From Law Firm

May 25, 2019 10:38:15 AM By Stu Sjouwerman

Brian Krebs just posted the following alert: "Some of the most convincing email phishing and malware attacks come disguised as nastygrams from a law firm. Such scams typically notify the ...

Half of SMBs Will Pay the Ransom in a Ransomware Attack

May 12, 2019 7:43:12 AM By Stu Sjouwerman

Despite the ability to properly protect against ransomware attacks, the latest data from AppRiver shows SMBs simply aren’t prepared to respond, and will, instead, pay up.

Great Budget Ammo: 60 minutes Warns Against Ransomware

May 6, 2019 8:53:30 AM By Stu Sjouwerman

We could not have said it better ourselves, but now 60 minutes has done the work for us. This is probably the best ammo you can send to your non-tech executives to explain the ransomware ...

IT and Executives are (Mostly) in Alignment and Both Fear the Phish

May 6, 2019 8:00:00 AM By Stu Sjouwerman

According to the latest from AT&T Cybersecurity, enterprise IT and boardrooms largely see eye-to-eye… and those eyes are watching some very common, yet pervasive, threats.

[Heads-up] Scary New MegaCortex Ransomware Strain Discovered That Targets Your Business Network

May 5, 2019 4:42:49 PM By Stu Sjouwerman

Sophos has discovered a scary new strain of very sophisticated ransomware called MegaCortex. It was purpose-built to target corporate networks, and once penetrated, the attackers infect ...

Ransomware Attacks Jump 500% as Businesses Continue to Be the Prime Target

May 2, 2019 6:25:15 AM By Stu Sjouwerman

Malwarebyte’s latest Cybercrime Tactics and Techniques report exposes some trends indicating that 2019 is looking to be the year of the cyberthreat for businesses.

Manufacturing giant Aebi Schmidt hit by ransomware

Apr 23, 2019 5:33:36 PM By Stu Sjouwerman

Aebi Schmidt, a European manufacturing giant with operations in the U.S., has been hit by a ransomware attack, TechCrunch has learned.

PayPal receives patent for ransomware detection technology

Apr 23, 2019 12:11:35 PM By Stu Sjouwerman

The United States Patent and Trademark Office has granted this week a patent to online payments company PayPal for a technique for detecting and stopping ransomware attacks.

Why Ransomware Continues to Be an Immensely Profitable Business for Bad Actors

Apr 23, 2019 7:25:48 AM By Stu Sjouwerman

Ransomware, arguably the most efficient malware used by cybercrooks in recent years, continues to wreak havoc on a global scale, affecting everyone and everything, from regular Internet ...

The Cost of Paying in a Ransomware Attack Nearly Doubles While Downtime Also Increases

Apr 22, 2019 6:49:25 AM By Stu Sjouwerman

The latest data from Coveware shows increases across the board in ransoms, downtime, and average cost of an attack, mostly due to the increased use of the Ryuk ransomware variant.

County Line Ransomware Fever

Apr 17, 2019 11:24:16 AM By Stu Sjouwerman

A ransomware attack against Genesee County, Michigan, was more extensive than county officials originally thought, SC Magazine says. The county’s systems were hit by the malware on ...

Ransomware Attack Hits Stratford City Hall

Apr 17, 2019 11:12:40 AM By Stu Sjouwerman

Stratford city hall was the target of an apparent cyber-attack, but officials do not believe personal information was compromised.

Insurers Discuss What to Expect from a Ransomware Attack, and How to Defend Yourself Against One

Apr 16, 2019 6:41:35 AM By Stu Sjouwerman

Ransomware tops the list of attacks for insurers of the food and beverage industry. Outdated software and lax user concern for security controls provide attacker with a way in.

Staff and Students Put School Districts at the Greatest Risk of Cyber Attack

Apr 16, 2019 6:35:25 AM By Stu Sjouwerman

Inadvertent sharing, phishing attacks, and ransomware top the list of attack vectors, with teachers, students, and vendors all contributing to the risk of breach.

Extortionists Threaten Victims with WannaCry Ransomware

Apr 15, 2019 6:37:32 AM By Stu Sjouwerman

An email extortion scam is threatening victims with DDoS attacks and WannaCry ransomware, according to researchers at Avast. The scammers claim to have hacked the victim’s network and ...

Organizations Face a 63% Likelihood of Being the Victim of Successful Cyberattack in Next 12 Months

Apr 10, 2019 6:27:56 AM By Stu Sjouwerman

The latest data from 1,200 IT organizations shows organizations seeing attacks as inevitable and, for some industries, successful compromise as even more a given.

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