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May 4, 2021 Stu Sjouwerman

UK IT Decision Makers Fear Their Remote Workers Put Company Data at Risk for Data Breach

According to an annual survey from Apricorn, UK IT decision makers are fearing the worst as their staff continues to work in a remote environment.

May 4, 2021 Stu Sjouwerman

Do Ransomware Gangs Restore Data, Even After They're Paid?

Only 8% of ransomware victims get all of their data back after paying the ransom, according to researchers at Sophos. The researchers found that, on average, victims who pay the ransom ...

April 30, 2021 Stu Sjouwerman

The Cost of Remediating a Ransomware Attack More than Doubles and is Quickly Approaching $2 Million

With 54% of organizations unable to stop a ransomware attack before data is encrypted and operations are impacted, the increasing cost of ransomware remediation is troubling.

April 29, 2021 Stu Sjouwerman

Ransomware Operators Threaten to Short Victims’ Stocks

The Darkside ransomware operators are now offering to tip off unscrupulous stock traders before they post the names of publicly traded victim companies, the Record reports. The criminals ...

April 29, 2021 Stu Sjouwerman

Ransomware Demands Spike by 43% Already in 2021

Cybercriminal groups are increasing their automated and tactical ransomware attacks. Unfortunately, that also means they have an increase in greed.

April 29, 2021 Stu Sjouwerman

[HEADS UP] Ransomware Gangs are Creating Ransomware Cartels

Analysis by threat intelligence group Analyst1 recently uncovered that the bad guys are responsible for forming a ransomware cartel.

April 29, 2021 Stu Sjouwerman

Federal Reserve Chairman Jerome Powell Cites Cyberthreats as Current “Biggest Concern” to Financial Institutions

Fears of a resurgence of COVID-19 and increased cyberattacks are mentioned as top risks that can materially impact the finance sector and the economy, by Jerome Powell in a recent ...

April 29, 2021 Stu Sjouwerman

Evil Corp Tries to Work Around U.S. Treasury Sanctions Using Hades Ransomware

The cybercriminal group linked to over $100 Million in financial damages has pivoted their execution strategy to bypass sanctions that prevent U.S. companies from paying them ransom.

April 29, 2021 Stu Sjouwerman

New Ransomware Task Force Shares Actions To Disrupt Ransomware Cyber Crime

The Ransomware Task Force, a public-party coalition of more than 50 experts, has shared a framework of actions to disrupt the ransomware business model.

April 28, 2021 Stu Sjouwerman

The Darkside Ransomware Group Is the Dangerous Poster Child for Today’s Ransomware-as-a-Service

Looking beyond the “older” RaaS threat groups like Ryuk, DoppelPaymer, and Revil, today’s modern ransomware-as-a-service operator is far more business-like and specific in execution.

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