Cybercriminals appear to be more aggressive with their idealistic ransom demands as some gangs continue to evolve, using new “quadruple extortion” tactics to ensure payment.
The shutting down or even retirement of one ransomware gang seems to result in another popping up. Are these new gangs or just reincarnations of the old one with a new face?
While plenty of industry data and new stories confirm ransomware gangs are raking in tens-to-hundreds of thousands per successful attack, is the business of ransomware profitable?
Probably the world’s most notorious ransomware gang disappears completely and subsequently reappears with new branding in an attempt to separate themselves from the types of attacks that ...
In a case of “I told you so”, it seems that cyber insurance costs have risen this year as organizations fail to properly protect themselves from rampant ransomware attacks.
Organizations that have fallen victim to a ransomware attack are now being sued by impacted employees and customers alike who are citing loose cybersecurity was in place.
Ransomware is having a very odd second quarter of the year as new variants enter the game governments finally take notice and insurers tighten their underwriting requirements.
Researchers at Coveware recently analyzed ransomware attacks during Q2 of this year and noticed a similar trend in ransomware attack methods by cybercriminals.
According to the 2021 Cyber Threat Report by SonicWall, 304.7 million ransomware attacks occured in the first half of 2021, already surpassing the total number of ransomware attacks for ...
This massive increase in the number of victim organizations being named demonstrates the harsh reality of how far ransomware threat actors will actually go if ransoms aren’t paid.
